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Googl Max
Today’s Change

A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily, momentum‑driven GO O GL focused strategy using RSI signals to tilt between a 2x GO O GL bull ETF, a 1x inverse GO O GL ETF, and cash, with a trend filter (price above 100‑day MA) and a cash proxy (BIL) as a safety net.
NutHow it works
- It follows a simple, daily routine to decide how much to invest in GO OGL-related bets and how much to keep in cash. - The three main ingredients are: GOOGL itself, a 2x leveraged bullish ETF on GO OGL (GGLL), and an inverse 1x ETF on GO OGL (GGLS), plus a cash proxy (BIL). - First, it checks if GO O OGL’s price is above its 100‑day moving average (a rough gauge of trend). If yes, it looks at momentum signals based on RSI (a momentum measure) on GO OGL. - If GO O GL’s RSI over a 10‑day window is above 75, it tilts toward GGLS (the inverse 1x exposure), which benefits when GO OGL is expensive or turning down in the near term. - If the short‑term RSI (over a 2‑day window) climbs above 97.5, it tilts toward GGLL (the 2x bullish exposure), betting GO OGL will keep rising in the near term. - If neither RSI condition is met, the strategy tends to hold cash (via BIL) rather than take a GO O GL‑related directional bet. - The rebalancing happens daily, so positions can change every day based on new signals. - In practice, this means the strategy tries to ride GO O GL momentum with leverage when signals concur, but shifts into cash or inverse exposure when momentum looks overbought or uncertain.
CheckmarkValue prop
Out-of-sample, this GO OGL momentum strategy offers superior risk-adjusted upside vs SPY: Sharpe ~1.94 vs ~1.02, Calmar ~4.02, alpha ~0.75, and annualized return ~143% vs ~18%, with a cash buffer to limit drawdowns.
1M
3M
6M
YTD
1Y
3Y
Max
Performance
Compared to selected benchmarks
AlphaBetaR2R
0.341.430.240.49
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
76.96%17.67%-1.77%0.2%1.08
442.65%61.95%1.18%1.91%1.26
Initial Investment
$10,000.00
Final Value
$54,265.35
Regulatory Fees
$112.26
Total Slippage
$638.55
Invest in this strategy
OOS Start Date
Oct 3, 2024
Trading Setting
Daily
Type
Stocks
Category
Equities, leveraged etfs, tactical allocation, momentum-based, go ogl focus
Tickers in this symphonyThis symphony trades 4 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
GGLL
Direxion Shares ETF Trust Direxion Daily GOOGL Bull 2X ETF
Stocks
GGLS
Direxion Shares ETF Trust Direxion Daily GOOGL Bear 1X ETF
Stocks
GOOGL
Alphabet Inc. Class A Common Stock
Stocks

FAQ

A Composer symphony is an automated trading strategy that executes trades based on parameters of your choice. Some symphonies are similar to holding one ETF in normal conditions and rotating to a different ETF when market conditions shift, for example a 5% drop in the S&P 500, while others use complex rules with dozens of triggers. However, complex doesn’t always mean better. A simple, well-structured symphony can be just as effective as an intricate one. Learn more about how symphonies work here.

"Googl Max" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Googl Max" is currently allocated toBIL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Googl Max" has returned 95.41%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Googl Max" is 35.76%. The maximum drawdown measures the largest peak-to-trough decline. It's an important metric to evaluate risk and the strategy's behavior during market stress.

To invest in "Googl Max", simply click the Invest button on this page. You'll need to open an account with Composer if you don't have one yet, then you can start investing. Composer will automatically execute the trades for you based on the strategy's rules. Composer also supports trading individual stocks, ETFs, and options.