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Symphonies
Overbought or Oversold SPY else UVXY | Now let's make it weird.
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Rules-based swing strategy using SPY’s 10‑day RSI: buys UVXY at extreme “too hot,” UPRO at “washed out,” parks in BIL when warm, otherwise holds a blue‑chip tech/financials basket. High risk due to UVXY/UPRO.
NutHow it works
It watches SPY’s 10‑day RSI (0–100 score of how fast price has moved: high=“too hot,” low=“washed out”). If RSI>80: buy UVXY (a leveraged bet on a volatility spike). Else if RSI<30: buy UPRO (3x S&P 500 rebound bet). Else if RSI>74: hold BIL (T‑bills). Otherwise hold equal parts of MSFT, AAPL, NVDA, TSLA, JPM, STT, BLK, WMT, BRK/B. Switches only when rules trigger.
CheckmarkValue prop
Out-of-sample RSI-regime strategy beats SPY on risk-adjusted return: ~42.8% vs ~20.7%, Sharpe ~1.39 vs ~1.31, Calmar ~1.30. Captures upside with volatility hedges (UVXY/UPRO) and quality equities; higher volatility risk.

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Invest in this strategy
OOS Start Date
Jun 17, 2023
Trading Setting
Threshold 6.9%
Type
Stocks
Category
Tactical, rsi, mean reversion, volatility, leveraged etfs, large-cap stocks, t-bills, regime switching
Tickers in this symphonyThis symphony trades 13 assets in total
Ticker
Type
AAPL
Apple Inc.
Stocks
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
BLK
Blackrock, Inc.
Stocks
BRK/B
BERKSHIRE HATHAWAY Class B
Stocks
JPM
JPMorgan Chase & Co.
Stocks
MSFT
Microsoft Corp
Stocks
NVDA
Nvidia Corp
Stocks
SPY
SPDR S&P 500 ETF Trust
Stocks
STT
State Street Corporation
Stocks
TSLA
Tesla, Inc. Common Stock
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 toBLK, NVDA, AAPL, BRK/B, STT, JPM, TSLA, WMTandMSFT. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 42.84%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 33.01%. 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.