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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) when it’s in a long‑term uptrend. If gold is in a downtrend, buy sharp dips, short sharp spikes with GLL, or sit in a volatility‑balanced mix of SPY/IEF/TLT. Rebalanced daily.
NutHow it works
Each day: - If GLD (a gold ETF) is above its 200‑day average price (long‑term uptrend), hold GLD. - If below: if its 2‑day RSI is very low (it just dropped hard), buy GLD; if very high (it just spiked), buy GLL (2× inverse gold). Otherwise hold SPY (US stocks), IEF/TLT (US Treasury bonds), sized more to the calmer ones (last 30 days).
CheckmarkValue prop
This strategy uses a gold trend filter plus short-term mean reversion to beat the S&P 500 on a risk-adjusted basis: out-of-sample return ~66.6% annually vs 17%, Sharpe ~2.73 vs ~0.97, and max drawdown ~10% vs ~19% for SPY.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.120.0400.05
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
702.38%10.69%-1.77%0.2%0.63
RSI 2 GLD
829.17%11.49%2.47%15.02%0.77
Initial Investment
$10,000.00
Final Value
$92,917.29
Regulatory Fees
$207.48
Total Slippage
$1,258.78
Invest in this strategy
OOS Start Date
Sep 29, 2024
Trading Setting
Daily
Type
Stocks
Category
Tactical asset allocation, trend-following, mean-reversion, gold, inverse etf, volatility-weighted, daily rebalanced
Tickers in this symphonyThis symphony trades 5 assets in total
Ticker
Type
GLD
SPDR Gold Trust, SPDR Gold Shares
Stocks
GLL
ProShares UltraShort Gold
Stocks
IEF
iShares 7-10 Year Treasury Bond ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
TLT
iShares 20+ Year Treasury Bond 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.

"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 54.97%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "RSI 2 GLD" is 13.87%. 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, and options.