ETF Ratios

What this is

Some ETF pairs (like NIFTYBEES and GOLDBEES) take turns leading each other. This site watches the ratio of their prices every day and tells you which one to hold: when the ratio breaks out to a new high, hold the stronger ETF; when it breaks down to a new low, switch to the other one. Always fully invested in one side, never split - that's the whole rule.

Each pair on this site has a live signal (see pairs for current holds), a backtest showing how the rule performed against just buying and holding, and an optional webhook alert the moment the signal flips. New here? Start with how it works for a walkthrough using a real chart, or the docs if you want to pull the data yourself.

Methodology

Precisely: a rolling N-day channel on the pair's price ratio (close A / close B) - a Donchian-style breakout, not a mean-reversion rule. When the ratio closes above the last N days' high, hold A; when it closes below the last N days' low, hold B. See how it works for a walkthrough with a real chart.

Every pair's backtest compares this strategy's equity curve against buy-and-hold on each leg and a static 50/50 split, with optional brokerage/STT/tax modeling - so the rule has to earn its keep against the obvious alternatives, not just look good on a chart.

Why this exists

Started as a way to stop taking a strategy's backtest on faith after watching Kirubakaran Rajendran walk through a Nifty BeES / Gold BeES ratio-breakout idea in "The Future of Algo Trading" (dhan.Dev Bengaluru) - wanted the actual numbers, running on live data, checkable against other sources (see the pairs list's CSV export), rather than a one-off spreadsheet.

Where I trade this