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Symphonies
2024_Q2 HydrOA Symphony
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

An aggressive basket of 3x U.S. stock ETFs (tech, semis, small/mid caps, financials, retail, housing, Dow) plus Bitcoin, sized by recent calmness (inverse volatility). Built for upside in risk-on markets; expect large swings and deep drawdowns.
NutHow it works
Owns a mix of very aggressive 3x stock funds—tech (TQQQ), semiconductors (SOXL), small caps (URTY), mid caps (UMDD), financials (FAS), retail (RETL), homebuilders (NAIL), and Dow stocks (UDOW)—plus Bitcoin (GBTC). It checks the last ~42 trading days: calmer assets get bigger slices, jumpier ones get smaller. It only trades when a holding drifts by more than ~0.5% from its target.
CheckmarkValue prop
Out-of-sample edge: ~22.9% annualized return vs SPY’s ~18.4%, driven by volatility-based sizing across a basket of 3x leveraged ETFs and Bitcoin. Higher upside in risk-on markets with disciplined sizing and Calmar ~0.46 for risk efficiency.

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Invest in this strategy
OOS Start Date
Mar 31, 2024
Trading Setting
Threshold 0.5%
Type
Stocks
Category
Leveraged etfs, inverse-vol weighting, us equities, sector diversified, bitcoin, high risk
Tickers in this symphonyThis symphony trades 9 assets in total
Ticker
Type
FAS
Direxion Daily Financial Bull 3x Shares
Stocks
GBTC
Grayscale Bitcoin Trust ETF
Stocks
NAIL
Direxion Daily Homebuilders & Supplies Bull 3X Shares
Stocks
RETL
Direxion Daily Retail Bull 3X Shares
Stocks
SOXL
Direxion Daily Semiconductor Bull 3X Shares
Stocks
TQQQ
ProShares UltraPro QQQ
Stocks
UDOW
ProShares UltraPro Dow 30
Stocks
UMDD
ProShares UltraPro MidCap400
Stocks
URTY
ProShares UltraPro Russell2000
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.

"2024_Q2 HydrOA Symphony" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"2024_Q2 HydrOA Symphony" is currently allocated toNAIL, GBTC, SOXL, UMDD, RETL, TQQQ, URTY, FASandUDOW. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "2024_Q2 HydrOA Symphony" has returned 22.87%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "2024_Q2 HydrOA Symphony" is 49.26%. 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 "2024_Q2 HydrOA 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, crypto, and options.