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Symphonies
Drawdown Hedge - (Fund Surf 1x - Fund Surf 3x)
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Daily, rules‑based drawdown hedge that rotates among S&P 500/Nasdaq funds (and 3× versions), inverse funds, T‑Bills, and UVXY. Uses a simple hot/cold score and a short‑term trend check to hedge fast in selloffs and ride rallies while aiming to cap big losses.
NutHow it works
Two signals drive it: 1) a “hot/cold” score (RSI, 0–100) and 2) a 10‑day average price. If stocks look extremely hot, it buys UVXY (a volatility hedge). If volatility itself is spiking, it shifts to 1× inverse S&P/QQQ or short Treasuries. Otherwise it follows trend: uptrend → pick 3× S&P/Nasdaq or short bonds; down/weak → pick 3× bears, 3× bulls, or cash‑like T‑Bills. Holds one fund and rebalances daily.
CheckmarkValue prop
Out-of-sample edge: ~28.9% annualized return vs SPY ~23.2%, with Calmar ~0.69 and Sharpe ~1.06. Dynamic hedges plus trend/mean-reversion seek rallies while limiting stress—note potential larger drawdowns in extreme markets.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.540.30.020.14
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
620.2%14.76%-0.15%0.4%0.91
Drawdown Hedge - (Fund Surf 1x - Fund Surf 3x)
174,053.23%68.26%0.8%-1.78%1.58
Initial Investment
$10,000.00
Final Value
$17,415,323.29
Regulatory Fees
$89,329.72
Total Slippage
$627,946.09
Invest in this strategy
OOS Start Date
Sep 28, 2022
Trading Setting
Daily
Type
Stocks
Category
Tactical allocation, hedging, leveraged and inverse etfs, volatility hedge, trend + mean reversion, daily rebalance
Tickers in this symphonyThis symphony trades 12 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
BSV
Vanguard Short-Term Bond ETF
Stocks
PSQ
ProShares Short QQQ
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
SH
ProShares Short S&P500
Stocks
SHY
iShares 1-3 Year Treasury Bond ETF
Stocks
SPXL
Direxion Daily S&P 500 Bull 3x Shares
Stocks
SPXU
ProShares UltraPro Short S&P 500
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
SQQQ
ProShares UltraPro Short QQQ
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 toSPY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 26.82%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 41.91%. 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.