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Symphonies
RSI-based asset allocation
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily, RSI-driven tactical asset-allocation that shifts among UVXY, TECL, QYLD, SSO, and VOO, defaults to VOO, to reduce drawdown while chasing selective upside through momentum signals.
NutHow it works
Every trading day, the system scores market momentum using simple RSI readings on SPY, QQQ, and VOO. If momentum is extremely strong (RSI > 80) on SPY or QQQ, it moves into UVXY as a hedge. If not, it may tilt to leveraged tech (TECL) when tech looks oversold. If those signals aren’t met, it may select QYLD or SSO based on VOO’s RSI, otherwise it defaults to VOO for broad market exposure. Only one ETF is held each day, and holdings are adjusted daily.
CheckmarkValue prop
Out-of-sample annualized return ~31% vs ~15% for the S&P 500; Calmar ~1.17 signals strong risk-adjusted gains. Daily RSI-driven tilts hedge volatility (UVXY) and target upside with TECL/SSO, offering growth with risk controls.

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Invest in this strategy
OOS Start Date
Nov 27, 2024
Trading Setting
Daily
Type
Stocks
Category
Asset allocation, momentum, risk management, leveraged etfs, volatility hedge
Tickers in this symphonyThis symphony trades 7 assets in total
Ticker
Type
QQQ
Invesco QQQ Trust, Series 1
Stocks
QYLD
Global X Funds Global X NASDAQ-100 Covered Call ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
SSO
ProShares Ultra S&P500
Stocks
TECL
Direxion Daily Technology Bull 3x ETF
Stocks
UVXY
ProShares Ultra VIX Short-Term Futures ETF
Stocks
VOO
Vanguard S&P 500 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-based asset allocation" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"RSI-based asset allocation" is currently allocated toQYLD. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "RSI-based asset allocation" has returned 36.28%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "RSI-based asset allocation" is 26.84%. 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-based asset allocation", 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.