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Symphonies
QQQ > 81RSI
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A two-ETF rule: use QQQ’s 10-day RSI. If RSI < 31, invest in QLD (leveraged Nasdaq-100 ETF). If RSI ≥ 31, invest in BIL (short-term Treasury ETF). Weights are equal within the chosen path, with no automatic rebalancing enabled.
NutHow it works
The system watches QQQ’s momentum using a 10-day RSI. If QQQ’s RSI is below 31, it takes a position in QLD (which amplifies QQQ’s daily moves). If RSI is 31 or higher, it takes a position in BIL (a very safe, short-term treasury fund). The chosen position is weighted equally according to the rule, but because the decision selects a single asset, you effectively hold that one ETF. There is no automatic rebalancing (rebalance: none), though a 5% corridor width is defined, which would only matter if rebalancing were enabled. In short: oversold QQQ -> levered Nasdaq exposure (QLD); otherwise -> cash-like exposure (BIL).
CheckmarkValue prop
Out-of-sample edge: lower max drawdown (15.24% vs SPY's 18.76%), Calmar ~1.07, and steadier risk-adjusted returns (16.26% annualized vs SPY's 26.66% with Sharpe ~0.85 vs 1.57). Focused on downside control via RSI-driven moves.

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Invest in this strategy
OOS Start Date
Oct 23, 2023
Trading Setting
Threshold 5%
Type
Stocks
Category
Rsi-based allocation, leveraged equity proxy, cash-like safety proxy, two-asset rule
Tickers in this symphonyThis symphony trades 3 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
QLD
ProShares Ultra QQQ
Stocks
QQQ
Invesco QQQ Trust, Series 1
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.

"QQQ > 81RSI" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"QQQ > 81RSI" is currently allocated toBIL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "QQQ > 81RSI" has returned 17.45%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "QQQ > 81RSI" is 15.24%. 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 "QQQ > 81RSI", 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.