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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

A daily “hedged surfer.” It first looks for stress: in overheated markets it buys UVXY or mild shorts/bonds. If not, it follows trend—rotating contrarian between 3x index funds and short bonds in uptrends, and flipping to 3x inverse or T‑bills in downtrends.
NutHow it works
Daily, rules-based drawdown hedge. 1) Extreme check: If S&P 500 or Nasdaq look very overheated short term (high RSI), buy UVXY (jumps when fear spikes). If fear is already surging, switch to a mild hedge: SH/PSQ (1x short) or SHY (short Treasuries), choosing the weakest lately. 2) Otherwise follow trend: compare SPY to its 10‑day EMA. If above, pick TQQQ/SPXL (3x long) or BSV (bonds) with the weakest recent move (a quick‑bounce bet). If below, choose among contrarian 3x longs, 3x inverse (SQQQ/SPXU), or T‑bills (BIL) by short‑term “heat” (RSI).
CheckmarkValue prop
Out-of-sample: ~28.9% annualized vs ~23.2% for the S&P, aided by hedged, trend-contrarian rotation. UVXY/shorts and T-bills seek to curb big drops, but drawdowns can be larger (~42% vs ~19%). Higher upside, with higher risk.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.540.310.020.14
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
648.54%14.93%6.16%5.09%0.91
Drawdown Hedge - (Fund Surf 1x - Fund Surf 3x)
182,487.38%68.07%8.02%5.66%1.58
Initial Investment
$10,000.00
Final Value
$18,258,738.24
Regulatory Fees
$94,489.40
Total Slippage
$664,536.77
Invest in this strategy
OOS Start Date
Sep 28, 2022
Trading Setting
Daily
Type
Stocks
Category
Tactical allocation, volatility hedge, leveraged etfs, inverse etfs, trend + mean reversion, daily rebalance, risk-managed equity
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 ETF
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 toUVXY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 27.46%. 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.