Some of those products have a preapplied resin along the joint edge that melts together after you install them, so before you decide to calk it, or not, check on that first.
Only siliconized rubber caulkings will stick to cement products for any length of time, they are expensive, but they will work ok for most things.
But... remember, you aren't building an aquarium, you are supposed to have the barrier layer *under* the siding, not make the siding into one, water trapped under the siding that can't escape will eat the structure...