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Symphonies
3x Melting Pot
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Daily rotation into the 3 cheapest 5-day-average leveraged/inverse ETFs from a broad universe, equal-weighted, with daily rebalancing. High-risk, high-volatility strategy across multiple sectors and regions.
NutHow it works
- Universe: a broad set of 3x leveraged and inverse ETFs across sectors and regions. - Signal: compute each ETF’s 5-day moving average price. - Selection: pick the three ETFs with the lowest 5-day average. - Allocation: spread your capital evenly across those three ETFs. - Rebalance: every trading day, repeat the process and adjust holdings to the new bottom-3. - Rationale: targets short-term mispricing and rotates into assets that look cheap in the near term, using big leverage to amplify moves. - Risks: high volatility, compounding effects from daily resets, trading costs, and potential drawdowns in choppy markets.
CheckmarkValue prop
Daily rotation among the three cheapest 3x leveraged/inverse ETFs across sectors/regions. A high-octane satellite to diversify a core S&P 500, aiming to capture rapid regime shifts—but with high volatility and larger OOS drawdowns, suited for risk-tolerant investors.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
-0.092.070.440.67
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
74.64%20.07%-2.02%-1.16%1.29
3x Melting Pot
86.52%22.7%-11.1%-12.06%0.67
Initial Investment
$10,000.00
Final Value
$18,651.68
Regulatory Fees
$25.79
Total Slippage
$68.90
Invest in this strategy
OOS Start Date
Dec 19, 2023
Trading Setting
Daily
Type
Stocks
Category
Leveraged etfs, short-term rotation, cross-asset, daily rebalancing
Tickers in this symphonyThis symphony trades 50 assets in total
Ticker
Type
BRZU
Direxion Daily MSCI Brazil Bull 2X ETF
Stocks
CURE
Direxion Daily Healthcare Bull 3X ETF
Stocks
DFEN
Direxion Daily Aerospace & Defense Bull 3X ETF
Stocks
DPST
Direxion Daily Regional Banks Bull 3X ETF
Stocks
DRN
Direxion Daily Real Estate Bull 3X ETF
Stocks
DRV
Direxion Daily Real Estate Bear 3X ETF
Stocks
DUSL
Direxion Daily Industrials Bull 3X ETF
Stocks
EDC
Direxion Daily MSCI Emerging Markets Bull 3X ETF
Stocks
EDZ
Direxion Daily MSCI Emerging Markets Bear 3X ETF
Stocks
ERX
Direxion Daily Energy Bull 2X 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.

"3x Melting Pot" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"3x Melting Pot" is currently allocated toRETL, WTIDandTZA. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "3x Melting Pot" has returned 35.31%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "3x Melting Pot" is 42.50%. 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 "3x Melting Pot", 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.