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

About

A daily utilities-only strategy: use a 10-day RSI on XLU. When utilities look washed out (RSI<25), go 3x long with UTSL. When overheated (RSI>85), go -2x with SDP. Otherwise just hold XLU.
NutHow it works
Each day it checks a 10-day RSI on XLU, a broad utilities ETF. RSI is a 0–100 score of recent speed: low = very weak, high = very hot. If RSI < 25, buy UTSL (3x utilities) to play a rebound. If RSI > 85, buy SDP (-2x utilities) to bet on a pullback. Otherwise hold XLU. One holding at a time.
CheckmarkValue prop
High-out-of-sample edge: annualized return ~23.9% vs SPY ~18.3%, Sharpe ~1.40 vs ~1.02, Calmar ~2.46, drawdown ~9.7% vs ~18.8%, beta ~0.38. More upside with less downside from a utilities mean-reversion strategy.

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Invest in this strategy
OOS Start Date
Jun 25, 2024
Trading Setting
Daily
Type
Stocks
Category
Utilities sector, rsi mean reversion, leveraged etfs, tactical rotation, daily rebalance
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.

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

"Utilities XLU" is currently allocated toXLU. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Utilities XLU" has returned 23.92%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Utilities XLU" is 9.72%. 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 "Utilities XLU", 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.