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Industrial XLI
Today’s Change

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About

Daily, RSI‑driven bet on U.S. industrials: 3x long when extremely oversold, -2x short when extremely overbought, otherwise hold the standard industrials fund (XLI).
NutHow it works
Each day it checks a 10‑day RSI on XLI (a fund holding U.S. industrial companies like machinery, airlines, aerospace). RSI is a 0–100 gauge of recent buying/selling: low = washed out, high = overheated. - If RSI < 18: buy DUSL (3x long industrials). - If RSI > 90: buy SIJ (‑2x short industrials). - Else: hold XLI. Goal: fade extremes; keep normal exposure otherwise.
CheckmarkValue prop
Out-of-sample edge: 20.40% annualized return vs 17.94% for the S&P, Sharpe 1.11 vs 1.00, lower max drawdown (17.57% vs 18.76%), Calmar 1.16. A disciplined RSI-driven U.S. Industrials strategy with superior risk-adjusted gains.
Invest in this strategy
OOS Start Date
Jun 24, 2024
Trading Setting
Daily
Type
Stocks
Category
Us industrials, rsi-based, tactical, leveraged etfs, long/short, daily rebalanced
Tickers in this symphonyThis symphony trades 0 assets in total
Ticker
Type