Skip to Content
Symphonies
200d UPRO
Today’s Change
—

A symphony is an automated trading strategy — Learn more about symphonies here

About

A simple daily trend switch: when SPY is above its 200‑day average, own UPRO (3x S&P 500). Otherwise, sit in BIL (T‑bills). Aims to ride big uptrends with leverage and avoid major downturns by moving to cash-like bills.
NutHow it works
Every day, it asks: Is the S&P 500 (SPY) above its 200‑day average price? If yes, put 100% into UPRO (a fund targeting 3x the S&P 500’s daily move). If not, put 100% into BIL (very short‑term Treasury bills). Recheck daily and switch as needed.
CheckmarkValue prop
Simple trend switch: 3x in UPRO on SPY above its 200-day MA, else 100% in BIL. Out-of-sample: ~38.7% annualized return vs SPY ~20.3%, ~5.3% alpha, and Calmar ~1.38—higher potential upside with built-in risk management.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.061.470.490.7
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
896.36%14.79%0.54%-0.34%0.89
200d UPRO
3,826.23%24.64%0.6%-4.24%0.79
Initial Investment
$10,000.00
Final Value
$392,623.24
Regulatory Fees
$244.27
Total Slippage
$1,464.32
Invest in this strategy
OOS Start Date
Jul 21, 2023
Trading Setting
Daily
Type
Stocks
Category
Trend following, tactical asset allocation, leveraged equity, risk-on/risk-off
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
State Street 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 33.88%. 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, and options.