Skip to Content
Symphonies
Overbought or Oversold SPY else UVXY
Today’s Change
—

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

About

Daily RSI-based switcher for the S&P 500: if SPY is very hot (>80), rotate to UVXY (benefits from volatility spikes); if very cold (<30), go to UPRO (3x S&P 500); otherwise hold SPY. Contrarian—defensive after rips, aggressive after dips.
NutHow it works
Each day it checks a 10-day RSI on SPY (the S&P 500 ETF). RSI is a 0-100 heat gauge: above 80 = very hot/overbought; below 30 = very cold/oversold. Then it puts 100% into: UVXY when RSI>80 (jumps when volatility spikes), UPRO when RSI<30 (3x S&P 500), otherwise SPY. It fades extremes. UVXY and UPRO are high-risk, short-term tools.
CheckmarkValue prop
Out-of-sample, this RSI-driven rotation targets higher growth: ~33% annualized vs ~21% SPY, Calmar ~1.17. Rotates SPY/UPRO/UVXY to capture reversals and vol spikes—offering bigger upside with disciplined risk control.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.191.260.580.76
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
685.88%15.41%-0.15%0.4%0.94
Overbought or Oversold SPY else UVXY
14,541.72%41.44%-0.15%0.4%1.38
Initial Investment
$10,000.00
Final Value
$1,464,172.08
Regulatory Fees
$1,822.39
Total Slippage
$12,282.08
Invest in this strategy
OOS Start Date
Jun 16, 2023
Trading Setting
Daily
Type
Stocks
Category
Rsi timing, mean reversion, s&p 500, volatility hedge, leveraged etfs, daily rebalance
Tickers in this symphonyThis symphony trades 3 assets in total
Ticker
Type
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
UPRO
ProShares UltraPro S&P 500
Stocks
UVXY
ProShares Ultra VIX Short-Term Futures ETF
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.

"Overbought or Oversold SPY else UVXY" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Overbought or Oversold SPY else UVXY" is currently allocated toSPY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Overbought or Oversold SPY else UVXY" has returned 30.84%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Overbought or Oversold SPY else UVXY" is 28.17%. 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 "Overbought or Oversold SPY else UVXY", 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.