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Symphonies
Overbought or Oversold SPY else UVXY
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Daily switches based on a 10-day “hot/cold” score of the S&P 500: overbought → UVXY (volatility), oversold → UPRO (3× S&P), otherwise SPY. A contrarian bet on pullbacks or rebounds. High risk from leverage and volatility decay.
NutHow it works
It watches a 0–100 “hot/cold” score of the S&P 500 over the last 10 days (RSI). - If score > 80 (very hot), buy UVXY: a volatility fund that can spike when stocks drop but usually loses value when markets are calm. - If score < 30 (very cold), buy UPRO: a 3× S&P 500 fund that magnifies moves. - Otherwise hold SPY (plain S&P 500). Checks daily; 100% in one ETF at a time.
CheckmarkValue prop
Out-of-sample annualized return ~33% vs SPY ~21%; Calmar ~1.17. A disciplined 100% RSI-based switch strategy targets bigger upside by switching to UVXY/UPRO/SPY at extremes, offering stronger growth with solid risk-adjusted profile—though drawdowns can be larger.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.191.270.580.76
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
716.72%15.58%6.16%5.09%0.95
Overbought or Oversold SPY else UVXY
16,485.48%42.25%13.52%14.54%1.4
Initial Investment
$10,000.00
Final Value
$1,658,548.33
Regulatory Fees
$2,119.01
Total Slippage
$14,350.48
Invest in this strategy
OOS Start Date
Jun 16, 2023
Trading Setting
Daily
Type
Stocks
Category
Tactical asset allocation, rsi signal, mean reversion, volatility trading, 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 toUVXY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Overbought or Oversold SPY else UVXY" has returned 35.16%. 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.