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

About

Rule-based switch: if SPY RSI(10) > 70, invest 50/50 in BIL and SHV (cash); else invest 100% in SOXL (3x semiconductor). No automatic rebalancing; 10% corridor for potential re-evaluation.
NutHow it works
1) The strategy looks at SPY's 10-period RSI to gauge short-term market momentum. 2) If RSI(SPY, 10) > 70, it allocates 50% to BIL (short-term T-Bill ETF) and 50% to SHV (short Treasury ETF). 3) If RSI(SPY, 10) <= 70, it allocates 100% to SOXL (3x levered semiconductor bull). 4) Rebalancing is set to none, so allocations change only when the rule flips. 5) Corridor width of 0.1 (10%) provides a tolerance band for re-evaluation, though with no automatic rebalance, its practical use is limited unless extended. 6) BIL and SHV are intended to preserve capital and liquidity; SOXL aims for outsized gains from semiconductors but carries high risk and short-term decay risk due to daily re-leveraging.
CheckmarkValue prop
RSI-driven regime-shifting strategy preserves capital in overbought markets (cash via BIL/SHV) and pursues outsized SOXL upside when momentum favors risk—out-of-sample: about 44.7% annualized vs. S&P 16.97%, with solid risk-adjusted metrics (Sharpe ~0.89, Calmar ~0.58).

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Invest in this strategy
OOS Start Date
Jul 6, 2024
Trading Setting
Threshold 10%
Type
Stocks
Category
Rsi-driven rule-based strategy; cash proxies (bil/shv); levered semiconductor exposure (soxl); regime-switching; single-factor momentum
Tickers in this symphonyThis symphony trades 4 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
SHV
iShares Trust iShares 0-1 Year Treasury Bond ETF
Stocks
SOXL
Direxion Daily Semiconductor Bull 3X ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
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.

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

"Test Threshold" is currently allocated toSOXL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Test Threshold" has returned 25.56%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Test Threshold" is 76.62%. 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 "Test Threshold", 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.