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Symphonies
Overbought and Oversold S&P and Dow Strategy
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Daily 50/50 SPY–DIA with a simple RSI heat-check: when an index looks overheated (RSI>70), that half moves to short‑term T‑bills (BIL). Otherwise, stay invested. Broad US large‑cap exposure with a “cool‑down” safety valve.
NutHow it works
Each day it splits money 50/50 between SPY (S&P 500) and DIA (Dow 30). It checks a 14‑day RSI—a quick “heat check” of recent price run-ups. If SPY’s or DIA’s RSI is above 70 (overheated), that half parks in BIL (short‑term T‑bills). If not, it stays invested. If both are >70, it holds BIL for all. Exposure spans tech, healthcare, financials, industrials, consumer, energy, and more via SPY/DIA.
CheckmarkValue prop
Out-of-sample: ~14.6% annualized vs SPY ~16.6%, but with smaller drawdown (17.1% vs 18.8%), Sharpe ~0.88 and Calmar ~0.85. Adds a T-bill hedge for smoother risk and steadier, risk-adjusted gains vs the S&P 500.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
-00.940.970.98
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
529.9%10.46%1.36%5.73%0.6
Overbought and Oversold S&P and Dow Strategy
434.87%9.49%1.61%5.89%0.57
Initial Investment
$10,000.00
Final Value
$53,486.99
Regulatory Fees
$218.50
Total Slippage
$1,000.10
Invest in this strategy
OOS Start Date
Oct 16, 2024
Trading Setting
Daily
Type
Stocks
Category
Us equities, spy, dow 30, rsi filter, momentum/mean reversion, tactical allocation, t-bill hedge, daily rebalance
Tickers in this symphonyThis symphony trades 0 assets in total
Ticker
Type

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.

The symphony is currently performing the same as yesterday today. Performance updates in real time during market hours.

The symphony is currently allocated toDIAandSPY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 14.60%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 17.10%. 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 the symphony, 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, crypto, and options.