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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 between two funds: if the S&P 500 is extremely oversold over 2 days, jump into leveraged semiconductor stocks (SOXL) for a rebound; otherwise stay defensive in consumer staples (XLP).
NutHow it works
It checks a 2‑day RSI on SPY (a 0–100 gauge of how stretched the last 2 days were). If RSI < 10 (very oversold), it moves 100% into SOXL, a 3× bull fund tied to chipmakers, aiming to catch a sharp rebound. Otherwise it holds XLP, a defensive consumer‑staples fund. It switches when the signal changes.
CheckmarkValue prop
Two-fund rotation: switch to SOXL on SPY oversold, else stay in XLP. OOS: ~19.2% annualized vs SPY 20.4%; higher drawdown (~40.5%), but potential sharp mean-reversion upside and diversification.

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Invest in this strategy
OOS Start Date
Jul 23, 2023
Trading Setting
Threshold 5%
Type
Stocks
Category
Tactical rotation, mean reversion, rsi(2), spy-based signal, leveraged etf, semiconductors, consumer staples, risk-on/risk-off
Tickers in this symphonyThis symphony trades 0 assets in total
Ticker
Type

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 19.20%. 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, crypto, and options.