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Symphonies
SPY_2_Day_RSI - Ganesh
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Switches to SOXL (3x semiconductor stocks) after a very sharp 2‑day S&P 500 drop, aiming to catch a bounce; otherwise holds XLP (defensive consumer‑staples). High risk when in SOXL; more defensive otherwise.
NutHow it works
It watches the S&P 500 using SPY (a fund tracking the 500 biggest U.S. stocks). A quick 2‑day “speedometer” (RSI) checks if the market just dropped very hard. If that reading falls under 10, it buys SOXL—an ETF aiming to triple the daily moves of big chipmakers—to catch a fast rebound. Otherwise, it stays in XLP, a defensive fund of household‑goods companies. SOXL is very risky and can swing a lot.
CheckmarkValue prop
Out-of-sample, this strategy targets bigger gains: ~35.6% return vs SPY’s ~20.1%, by switching to 3x levered semis after drops and to staples otherwise. Expect higher volatility and up to ~40% drawdown vs SPY’s ~19%.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.21.290.350.59
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
674.49%13.66%-1.77%0.2%0.83
SPY_2_Day_RSI - Ganesh
16,396.69%37.62%20.34%107.76%1.03
Initial Investment
$10,000.00
Final Value
$1,649,669.27
Regulatory Fees
$3,050.07
Total Slippage
$16,831.21
Invest in this strategy
OOS Start Date
Jul 23, 2023
Trading Setting
Threshold 5%
Type
Stocks
Category
Tactical rotation, mean reversion, short-term, leveraged etf, semiconductors, consumer staples, risk-on/risk-off
Tickers in this symphonyThis symphony trades 3 assets in total
Ticker
Type
SOXL
Direxion Daily Semiconductor Bull 3X ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
XLP
State Street Consumer Staples Select Sector SPDR 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.

"SPY_2_Day_RSI - Ganesh" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"SPY_2_Day_RSI - Ganesh" is currently allocated toXLP. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "SPY_2_Day_RSI - Ganesh" has returned 55.59%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "SPY_2_Day_RSI - Ganesh" is 40.49%. 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_2_Day_RSI - Ganesh", 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.