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Symphonies
Franken-TQQQ - longer backtest period
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily, single-position strategy using QQQ momentum signals to switch among five leveraged/inverse ETFs (SQQQ, TQQQ, QID, QLD) or QQQ, aiming to ride short-term trends while attempting to limit risk via conditional entries.
NutHow it works
Each day you start with cash and decide which single instrument to hold. The decision is driven by how QQQ has moved recently: if it jumped today, the plan buys SQQQ (betting QQQ will fall); if it’s fallen hard over the past 5 days, it buys TQQQ (bullish leverage). If neither, it looks at even shorter/longer windows: a small 2-day gain leads to QID (inverse), or a 10-day drop leads to QLD (2x long). If none of the signals fire, it holds QQQ. You rebalance every day, so the position can flip between these ETFs based on the latest signals.
CheckmarkValue prop
Out-of-sample momentum strategy switching daily among leveraged ETFs to ride Nasdaq trends. Aims for ~37.6% annualized return vs 24.1% for the S&P, with Calmar ~1.12; higher upside but larger drawdowns (~33%).
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.141.350.520.72
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
724.74%14.04%-2.02%-1.16%0.85
Franken-TQQQ - longer backtest period
10,064.55%33.35%-0.15%2.15%1.05
Initial Investment
$10,000.00
Final Value
$1,016,455.23
Regulatory Fees
$1,126.25
Total Slippage
$6,020.70
Invest in this strategy
OOS Start Date
Oct 11, 2022
Trading Setting
Daily
Type
Stocks
Category
Leveraged etfs, momentum/trend-following, nasdaq-100, daily rebalance
Tickers in this symphonyThis symphony trades 5 assets in total
Ticker
Type
QID
ProShares UltraShort QQQ
Stocks
QLD
ProShares Ultra QQQ
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
SQQQ
ProShares UltraPro Short QQQ
Stocks
TQQQ
ProShares UltraPro QQQ
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.

" Franken-TQQQ - longer backtest period" is currently performing the same as yesterday today. Performance updates in real time during market hours.

" Franken-TQQQ - longer backtest period" is currently allocated toQQQ. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, " Franken-TQQQ - longer backtest period" has returned 35.46%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for " Franken-TQQQ - longer backtest period" is 33.44%. 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 " Franken-TQQQ - longer backtest period", 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.