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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 tactic that holds SPY and DIA unless their 14‑day heat gauge (RSI) is “too hot” (>70), then that half parks in BIL T‑Bills. Goal: ride stocks most of the time, step aside after sharp run‑ups, splitting exposure between S&P 500 and Dow.
NutHow it works
The portfolio is split into two halves: one tracks the S&P 500 via SPY, the other the Dow 30 via DIA. Each day it checks a 14‑day “heat gauge” (RSI: 0–100 showing recent buying vs. selling). If that gauge is above 70 for an index, that half moves to short‑term T‑Bills (BIL). Otherwise it stays in SPY or DIA (including after big dips below 30). Rebalances daily.
CheckmarkValue prop
Dynamic, downside-controlled exposure: out-of-sample max drawdown 17.1% vs SPY 18.8%, beta ~0.90, Calmar ~0.87, and 14.9% annualized return (vs SPY 16.38%). You get near-equity upside with a smoother, more resilient ride.
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
519.21%10.2%-1.77%0.2%0.59
Overbought and Oversold S&P and Dow Strategy
426.82%9.26%-3.35%-0.63%0.56
Initial Investment
$10,000.00
Final Value
$52,682.19
Regulatory Fees
$219.87
Total Slippage
$1,001.09
Invest in this strategy
OOS Start Date
Oct 16, 2024
Trading Setting
Daily
Type
Stocks
Category
Us equities, tactical allocation, rsi/overbought-oversold, s&p 500 (spy), dow (dia), t‑bills (bil), daily rebalancing
Tickers in this symphonyThis symphony trades 3 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
DIA
State Street SPDR Dow Jones Industrial Average ETF Trust
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
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.

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 10.40%. 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, and options.