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Symphonies
RSI TECL < AGG
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

All‑or‑nothing switch: buy TECL (a fund targeting 3x the daily move of big U.S. tech) when its 21‑day strength score is weaker than bonds (AGG); otherwise sit in BIL (cash‑like T‑bills).
NutHow it works
It checks a 21‑day “strength” score (RSI: 0–100; low=weaker, high=stronger) for two funds: TECL (aims to triple the daily move of big U.S. tech stocks) and AGG (a broad U.S. bond fund). If TECL’s score is lower than AGG’s, it buys TECL; otherwise it holds BIL (a cash‑like T‑bill fund).
CheckmarkValue prop
Out-of-sample edge: ~63% annualized return vs SPY ~27%; Sharpe ~1.13; Calmar ~1.08. Captures bold tech upside with disciplined risk management, though it may experience larger drawdowns in down markets.

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Invest in this strategy
OOS Start Date
Oct 24, 2023
Trading Setting
Threshold 5%
Type
Stocks
Category
Rules-based,tactical allocation,rsi signal,mean reversion,leveraged tech,cash/t-bills
Tickers in this symphonyThis symphony trades 3 assets in total
Ticker
Type
AGG
iShares Core U.S. Aggregate Bond ETF
Stocks
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
TECL
Direxion Daily Technology 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.

"RSI TECL < AGG" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"RSI TECL < AGG" is currently allocated toBIL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "RSI TECL < AGG" has returned 55.23%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "RSI TECL < AGG" is 58.16%. 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 TECL < AGG", 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.