Skip to Content
Symphonies
2x Leveraged | Dereck's Secular Market Framework
Today’s Change
—

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

About

A rules-based, regime strategy: use long-term trends to go aggressive with 2x S&P/Tech in bull phases, and rotate to bonds/defensives—or even a 2x inverse tech hedge—in bears, with simple overbought/oversold checks to dial risk.
NutHow it works
Step 1: Decide the market’s long-term mode using moving averages (average price). If SPY’s 200‑day avg > its 1000‑day avg → secular bull; otherwise bear. Step 2: In bulls, ride strength with ~2x S&P (SSO). If price weakens, buy oversold tech (ROM) only when QQQ’s 10‑day RSI (0–100 “heat” gauge) <30; else hold bonds (BND). If SPY looks hot (RSI>60), cool to 55% SPY + 45% TLT. Step 3: In bears, favor bonds (BND/BSV) or staples (XLP). In deep downtrends, may short tech via QID or hide in TLT. 2x ETFs aim for about twice the daily move.
CheckmarkValue prop
Out-of-sample: ~35.2% annualized return vs SPY ~21.9%, Calmar ~1.44. Regime-driven leverage in bulls with hedges in bears targets higher upside and solid risk-adjusted performance relative to the S&P—though drawdowns can be larger.

Loading backtest data...

Invest in this strategy
OOS Start Date
Jan 25, 2023
Trading Setting
Threshold 5%
Type
Stocks
Category
Regime-based, trend-following, tactical allocation, leveraged etfs, momentum/rsi, risk-on/risk-off, bonds, inverse/short
Tickers in this symphonyThis symphony trades 9 assets in total
Ticker
Type
BND
Vanguard Total Bond Market
Stocks
BSV
Vanguard Short-Term Bond ETF
Stocks
QID
ProShares UltraShort QQQ
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
ROM
ProShares Ultra Technology
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
SSO
ProShares Ultra S&P500
Stocks
TLT
iShares 20+ Year Treasury Bond ETF
Stocks
XLP
State Street Consumer Staples Select Sector SPDR 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 toSSO. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 29.98%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 24.51%. 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.