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Symphonies
Equal Weight NVDA & LLY - No SPXU & SQQQ
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily, rule-based portfolio that either hedges with SH when volatility momentum is high, hedges with BTAL when BTAL shows strong momentum, or otherwise sits 50/50 in NVDA and LLY, with no SPXU/SQQQ and equal-weight styling among active assets.
NutHow it works
RSI is a momentum indicator that helps judge if a price move has run too far too quickly. The strategy rebalances daily and selects one of three modes: - If 40-day RSI on VIXM is above 69, include SH (short S&P 500) to hedge against a drop. - Else, if BTAL’s 10-day RSI (vs TQQQ) is above 79, include BTAL for a market-neutral hedge. - Else, allocate equally to NVDA and LLY. Weights are set so the chosen assets share the portfolio equally. The plan does not use SPXU or SQQQ.
CheckmarkValue prop
Out-of-sample edge: Sharpe 1.67 vs SPY 1.37; Calmar 2.55; annualized return ~64.6% vs ~23%. A disciplined three-mode rule-based approach—SH hedge, BTAL hedge, or NVDA/LLY—seeks bigger upside with controlled risk vs the S&P 500.

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Invest in this strategy
OOS Start Date
Dec 9, 2023
Trading Setting
Daily
Type
Stocks
Category
Equal-weight long nvda/lly with rsi-driven hedges (sh/btal); no spxu/sqqq
Tickers in this symphonyThis symphony trades 6 assets in total
Ticker
Type
BTAL
AGF U.S. Market Neutral Anti-Beta Fund
Stocks
LLY
Eli Lilly & Co.
Stocks
NVDA
Nvidia Corp
Stocks
SH
ProShares Short S&P500
Stocks
TQQQ
ProShares UltraPro QQQ
Stocks
VIXM
ProShares VIX Mid-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.

The symphony is currently performing the same as yesterday today. Performance updates in real time during market hours.

The symphony is currently allocated toLLYandNVDA. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 57.61%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 25.28%. 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.