Skip to Content
Symphonies
Exhibit 4 | Adaptive Asset Allocation | 3 choose 2 - QLD, QID, GLD
Today’s Change
—

A symphony is an automated trading strategy — Learn more about symphonies here

About

Picks the best two of QLD (2x Nasdaq‑100), QID (-2x Nasdaq‑100), and GLD (gold) by 6‑month performance each week, then sizes them so the calmer one gets more weight. Aims to ride tech uptrends and hedge selloffs with the inverse fund or gold.
NutHow it works
Each week, compare 6‑month returns of QLD (2x Nasdaq‑100 tech stocks), QID (-2x Nasdaq‑100, rises when tech falls), and GLD (gold). Hold the two with the best 6‑month gains. Size them so the calmer one gets more weight (based on past‑month volatility). Rebalance weekly. Note: QLD/QID are leveraged and can swing sharply.
CheckmarkValue prop
Out-of-sample edge: ~32.6% annual return, ~10% max drawdown vs SPY ~19%, Sharpe ~1.81 vs ~1.32, Calmar ~3.22. Weekly, risk-weighted top-2 momentum in QLD/QID/GLD captures tech rallies and hedges downturns.

Loading backtest data...

Invest in this strategy
OOS Start Date
Nov 1, 2022
Trading Setting
Weekly
Type
Stocks
Category
Momentum,tactical asset allocation,risk-based sizing,weekly rebalance,leveraged etfs,nasdaq-100,gold,long/short
Tickers in this symphonyThis symphony trades 3 assets in total
Ticker
Type
GLD
SPDR Gold Trust, SPDR Gold Shares
Stocks
QID
ProShares UltraShort QQQ
Stocks
QLD
ProShares Ultra 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 toGLDandQLD. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 27.79%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 12.17%. 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.