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Symphonies
oversold condition SOXL
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Daily, buy SOXL (3× semiconductor fund) only when both semis and big‑tech look deeply sold off; otherwise sit in BIL (T‑Bills). High risk when in SOXL; cash‑like most other times.
NutHow it works
Each day it checks “RSI”—a 0–100 score of recent up vs down days—for two funds: SOXL (a very volatile 3× fund tied to semiconductor stocks) and QQQ (big‑tech Nasdaq‑100). If SOXL’s 10‑day RSI < 29 and QQQ’s < 32 (both deeply sold off), it buys SOXL to bet on a rebound. Otherwise it holds BIL, a short‑term T‑Bill fund (cash‑like). Rebalances daily.
CheckmarkValue prop
Out-of-sample annualized return: 29.4% vs S&P 23.8%. Calmar 1.06, Sharpe 0.71 signal strong risk-adjusted upside. It buys SOXL only on deep oversold signals and otherwise sits in cash, offering higher upside with controlled downside.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.150.440.10.32
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
663.39%13.59%-1.77%0.2%0.83
oversold condition SOXL
2,029.45%21.14%0.27%0.86%0.9
Initial Investment
$10,000.00
Final Value
$212,944.51
Regulatory Fees
$271.60
Total Slippage
$1,084.79
Invest in this strategy
OOS Start Date
Aug 5, 2024
Trading Setting
Daily
Type
Stocks
Category
Tactical, contrarian, oversold, momentum filter, leveraged etf, semiconductors, risk-on/risk-off, daily rebalance, cash parking
Tickers in this symphonyThis symphony trades 3 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
SOXL
Direxion Daily Semiconductor Bull 3X 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.

"oversold condition SOXL" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"oversold condition SOXL" is currently allocated toBIL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "oversold condition SOXL" has returned 27.03%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "oversold condition SOXL" is 27.70%. 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 "oversold condition SOXL", 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.