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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 Nasdaq‑100 timing strategy that holds QQQ in calm times, but after sharp sell‑offs switches to leveraged long or inverse funds. It fades quick bounces by going inverse; otherwise, it bets on a rebound using leveraged long.
NutHow it works
This is a daily switcher among QQQ and its leveraged cousins. - QQQ = big Nasdaq names (Apple, Google, Tesla, etc.). - TQQQ/QLD aim for about +3x/+2x QQQ’s daily move. - SQQQ/QID aim for about −3x/−2x QQQ’s daily move. Rules: 1) If QQQ fell >5% in 5 days: use 3x funds; if the last day jumped >1% pick SQQQ (fade the bounce), else TQQQ (rebound bet). 2) Else if QQQ fell >10% in 10 days: use 2x funds; if the last 2 days rose >2% pick QID, else QLD. 3) Otherwise hold QQQ. 100% in one fund; checked daily.
CheckmarkValue prop
Out-of-sample edge: ~37.6% annualized return vs 24.1% S&P, with solid risk-adjusted metrics (Calmar ~1.12). Uses tactical Nasdaq-100 leverage to boost gains, but accepts higher 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
726.91%14.06%-1.77%0.2%0.85
Franken-TQQQ - longer backtest period
10,114.16%33.38%0.33%4.58%1.06
Initial Investment
$10,000.00
Final Value
$1,021,415.78
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
Nasdaq-100 focus, leveraged/inverse etfs, daily timing, drawdown-triggered, momentum/mean-reversion hybrid
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 35.61%. 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.