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Symphonies
1D Cumulative Returns Mean Reversion Base
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A tactical semiconductor strategy: buy big dips, fade big pops, and otherwise scale between SMH and 3x bull/bear ETFs using overbought/oversold signals. Falls back to a simple trend filter and adds a small volatility/dollar hedge in severe selloffs.
NutHow it works
1) Look at today’s % move in SMH (semi ETF). Big drop? Buy SOXL (3x bull), sometimes with a 30% hedge (VIX/dollar/short‑Treasuries). Big surge? Buy SOXS (3x bear), sometimes with 30% SHY. 2) If not extreme, scale between SMH and SOXL/SOXS using RSI (oversold/overbought). 3) If neither, use trend: above 200‑day = SMH; below both 200‑ and 20‑day = pick SOXS or SHY.
CheckmarkValue prop
Out-of-sample annualized return: 43.4% vs S&P 20.6%, beta ~0.94, and Calmar ~0.83—strong upside with controlled market exposure. Uses hedges and trend rules to manage risk, but max drawdown can be large (~52%).

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Invest in this strategy
OOS Start Date
Sep 18, 2022
Trading Setting
Threshold 8%
Type
Stocks
Category
Semiconductors, mean reversion, leveraged etfs, rsi-based scaling, volatility hedge, tactical trading, momentum fallback
Tickers in this symphonyThis symphony trades 7 assets in total
Ticker
Type
SHY
iShares 1-3 Year Treasury Bond ETF
Stocks
SMH
VanEck Semiconductor ETF
Stocks
SOXL
Direxion Daily Semiconductor Bull 3X Shares
Stocks
SOXS
Direxion Daily Semiconductor Bear 3X Shares
Stocks
UUP
Invesco DB US Dollar Index Bullish Fund
Stocks
UVXY
ProShares Ultra VIX Short-Term Futures ETF
Stocks
VIXM
ProShares VIX Mid-Term Futures ETF
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.

The symphony is currently performing the same as yesterday today. Performance updates in real time during market hours.

The symphony is currently allocated toSHYandSOXS. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 43.43%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 52.14%. 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 the symphony, 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.