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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

A binary, momentum-based bet: go levered long semis (SOXL) when SPY looks extremely oversold on a 2-day RSI; otherwise, move to defensive staples via XLP; no regular rebalancing and full exposure to the selected ETF.
NutHow it works
Here's what happens in plain language: The system watches SPY (the broad stock market). It calculates a momentum score called RSI using only the last two trading days. If that score is below 10 (very oversold), it buys SOXL, an ETF that aims to triple the daily moves of semiconductors. If the RSI is 10 or higher, it buys XLP, an ETF that tracks consumer staples (think toothpaste, groceries—things people keep buying). It allocates all available capital to the chosen ETF (no mix), and there isn’t a regular, preset rebalancing schedule. The signal is a quick, short-term decision rather than a long-term investment plan.
CheckmarkValue prop
Out-of-sample: ~35.6% vs SPY ~20%; Calmar 0.88, Sharpe 0.84. Binary momentum: SOXL on SPY oversold or XLP otherwise—100% exposure. Higher upside than the S&P, but larger drawdowns (~40%).
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
672.46%13.64%-2.02%-1.16%0.83
SPY_2_Day_RSI - Ganesh
16,451.23%37.66%20.73%109.37%1.03
Initial Investment
$10,000.00
Final Value
$1,655,122.73
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
Leveraged etfs, sector rotation, momentum, short-term trading, defensive exposure
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.