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Symphonies
SPY RSI 30 Test
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Daily dip-buyer on the S&P 500: if SPY’s 10‑day RSI is below 30 (oversold), go 100% into UPRO (3× S&P 500) to try to catch a rebound; otherwise stay in BIL (short‑term T‑bills). Very aggressive when in UPRO, conservative otherwise.
NutHow it works
Each day it checks SPY (an S&P 500 fund) using a 0–100 “RSI” score over ~2 weeks (10 trading days). Below 30 = oversold. If oversold, it buys UPRO (a fund targeting ~3× the S&P 500). Otherwise it sits in BIL (a short‑term T‑bill fund). It repeats this check and switches daily.
CheckmarkValue prop
Disciplined, rules-based sleeve offering diversification and lower market beta. Out-of-sample Sharpe ~0.54 and Calmar ~0.50 show positive risk-adjusted returns with reduced correlation to SPY—ideal as a capital-preserving complement to SPY.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.090.480.160.4
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
868.54%14.58%-2.85%-2.42%0.88
SPY RSI 30 Test
955.05%15.17%0.24%0.85%0.78
Initial Investment
$10,000.00
Final Value
$105,505.25
Regulatory Fees
$185.14
Total Slippage
$1,065.67
Invest in this strategy
OOS Start Date
Feb 2, 2024
Trading Setting
Daily
Type
Stocks
Category
Tactical timing, rsi oversold, s&p 500, leveraged etf (upro), cash/t‑bills (bil), daily rebalance
Tickers in this symphonyThis symphony trades 3 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
UPRO
ProShares UltraPro S&P 500
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.

"SPY RSI 30 Test" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"SPY RSI 30 Test" is currently allocated toUPRO. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "SPY RSI 30 Test" has returned 10.61%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "SPY RSI 30 Test" is 22.24%. 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 "SPY RSI 30 Test", 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.