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Symphonies
RSI 2 GLD
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Own gold (GLD) in long uptrends. When gold is weak, buy GLD only on extreme short‑term washouts; short gold via GLL on extreme spikes. If there’s no clear short‑term edge, sit in a calmer, risk‑weighted mix of US stocks (SPY) and Treasuries (IEF, TLT).
NutHow it works
Each day it looks at GLD (a gold ETF). If GLD is above its 200‑day average (a long‑term trend line), it holds GLD. If not, it checks GLD’s 2‑day RSI (a 0–100 gauge of recent speed). If RSI is extremely low, it buys GLD for a bounce. If RSI is extremely high, it buys GLL (−2x inverse gold) to bet on a pullback. Otherwise it holds SPY (US stocks), plus IEF/TLT (Treasuries) sized by inverse volatility.
CheckmarkValue prop
Out-of-sample edge: ~48.4% annualized return, ~10.1% max drawdown, Sharpe ~2.17, beta ~0.04—versus SPY ~17.3% return, ~18.8% drawdown, Sharpe ~0.95. Gold-trend with risk-aware mix delivers higher growth with less risk.
1M
3M
6M
YTD
1Y
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Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.110.0400.05
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
716.3%10.94%1.36%5.73%0.63
RSI 2 GLD
683.23%10.71%6.85%18.5%0.74
Initial Investment
$10,000.00
Final Value
$78,322.61
Regulatory Fees
$207.45
Total Slippage
$1,258.78
Invest in this strategy
OOS Start Date
Sep 29, 2024
Trading Setting
Daily
Type
Stocks
Category
Gold, trend following, mean reversion, rsi(2), inverse etf, tactical allocation, risk parity, stocks, treasuries
Tickers in this symphonyThis symphony trades 0 assets in total
Ticker
Type

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.

"RSI 2 GLD" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"RSI 2 GLD" is currently allocated toGLD. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "RSI 2 GLD" has returned 48.42%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "RSI 2 GLD" is 10.13%. 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 "RSI 2 GLD", 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.