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Symphonies
60d OB TEST w/200d Check + UVXY, TZA
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Risk‑on only when the market trend is up. In hot markets it buys tech on brief dips (TQQQ) but uses hedges (TZA, UVXY) if prices look stretched. Otherwise holds SPY; below trend it sits in T‑Bills (BIL).
NutHow it works
First, if SPY (S&P 500) is above its 200‑day average (long‑term trend), the strategy takes risk; otherwise it parks in BIL (T‑Bills). When risk‑on and SPY’s 60‑day RSI (a gauge of recent gains vs losses) is above 60, it buys TQQQ (3× Nasdaq) if QQQ’s 5‑day average is below its 10‑day (a dip). If not, it holds TZA (3× short small‑caps) and UVXY (VIX) as pullback hedges. If RSI isn’t above 60, it holds SPY. Leveraged funds can swing and lose quickly.
CheckmarkValue prop
Out-of-sample edge: ~19.14% annualized return vs SPY ~18.01%, with low beta (~0.32) for diversification. Combines tech-forward bets with hedges to capture upside while guarding against pullbacks - though drawdowns can be higher in volatile periods.

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Invest in this strategy
OOS Start Date
Jun 25, 2024
Trading Setting
Threshold 10%
Type
Stocks
Category
Tactical timing, trend + momentum, leveraged etfs, hedging, us equities, volatility
Tickers in this symphonyThis symphony trades 6 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
TQQQ
ProShares UltraPro QQQ
Stocks
TZA
Direxion Daily Small Cap Bear 3x ETF
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.

"60d OB TEST w/200d Check + UVXY, TZA" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"60d OB TEST w/200d Check + UVXY, TZA" is currently allocated toSPY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "60d OB TEST w/200d Check + UVXY, TZA" has returned 15.07%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "60d OB TEST w/200d Check + UVXY, TZA" is 31.09%. 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 "60d OB TEST w/200d Check + UVXY, TZA", 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.