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Symphonies
2X Leveraged Index Simplified
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Rides uptrends with 2x Nasdaq, steps aside when markets look overheated (into volatility or Treasuries), and in downtrends either buys short rebounds with 2x longs or hedges with Treasuries or 2x inverse Nasdaq. Daily, rules-based switches.
NutHow it works
Each day it checks trend with moving averages: if the S&P 500’s 50‑day price is above its 200‑day, it’s an uptrend; otherwise downtrend. RSI (a 0–100 “heat” score of recent moves): high=overheated, low=washed‑out. Uptrend: hold 2x Nasdaq (QLD), unless RSI is very high → hedge with volatility (UVXY) or shift to Treasuries (IEF). Downtrend: buy sharp dips with 2x Tech (ROM) or 2x S&P (SSO); if no dip, own Treasuries or 2x short Nasdaq (QID), whichever is stronger.
CheckmarkValue prop
Out-of-sample: ~23.5% annualized return vs S&P ~17.4%; Calmar ~0.56. Higher upside but bigger drawdowns (~42% vs ~19%). Daily regime-switching with hedges aims to ride trends and protect capital.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.381.590.380.61
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
693.37%15.63%2.19%5.01%0.95
2X Leveraged Index Simplified
224,310.11%71.8%2.68%5%1.46
Initial Investment
$10,000.00
Final Value
$22,441,010.91
Regulatory Fees
$37,972.82
Total Slippage
$264,536.23
Invest in this strategy
OOS Start Date
Jul 22, 2024
Trading Setting
Daily
Type
Stocks
Category
Trend-following, regime switching, leveraged etfs, tactical allocation, momentum/rsi, mean reversion, volatility hedge, treasuries
Tickers in this symphonyThis symphony trades 8 assets in total
Ticker
Type
IEF
iShares 7-10 Year Treasury Bond ETF
Stocks
QID
ProShares UltraShort QQQ
Stocks
QLD
ProShares Ultra QQQ
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
ROM
ProShares Ultra Technology
Stocks
SPY
SPDR S&P 500 ETF Trust
Stocks
SSO
ProShares Ultra S&P500
Stocks
UVXY
ProShares Ultra VIX Short-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.

"2X Leveraged Index Simplified" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"2X Leveraged Index Simplified" is currently allocated toQLD. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "2X Leveraged Index Simplified" has returned 23.52%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "2X Leveraged Index Simplified" is 41.79%. 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 "2X Leveraged Index Simplified", 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.