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Symphonies
200d UPRO
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

All-in on a 3× S&P 500 fund when the market is in an uptrend (above the 200‑day average); otherwise sit in short‑term T‑bills. Seeks to capture big uptrends and avoid deep bear markets.
NutHow it works
Each day, it checks if SPY (an S&P 500 fund) is above its 200‑day average price (a long‑term trend line). If yes, it puts 100% into UPRO (a 3× S&P 500 fund). If not, it moves 100% into BIL (very short‑term U.S. T‑bills). Rechecks daily and switches as needed.
CheckmarkValue prop
Out-of-sample: ~38.4% annualized return vs SPY ~20.2%, Calmar ~1.37, Sharpe ~1.11. Captures big uptrends with 3× exposure and shifts to cash in downturns; higher drawdowns in bear markets are possible, but upside is compelling.

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Invest in this strategy
OOS Start Date
Jul 21, 2023
Trading Setting
Daily
Type
Stocks
Category
Trend following,tactical asset allocation,market timing,s&p 500,leveraged etf,rule-based,risk management
Tickers in this symphonyThis symphony trades 3 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
SPY
SPDR S&P 500 ETF Trust
Stocks
UPRO
ProShares UltraPro S&P 500
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.

"200d UPRO" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"200d UPRO" is currently allocated toUPRO. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "200d UPRO" has returned 38.43%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "200d UPRO" is 27.98%. 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 "200d UPRO", 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.