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Symphonies
Fund Indicator: QQQ - Systematic Hedging
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Switches between TQQQ (3× Nasdaq‑100) when QQQ is above its 200‑day average and BIL (T‑bills) when below. Aims to ride tech bull runs and sit in cash during downturns; high risk when ‘on’ and potential whipsaws in choppy markets.
NutHow it works
Each day compare QQQ’s price to its 200‑day average (the average closing price over ~10 months). If price is above it, buy/hold TQQQ (a 3× version of QQQ). If below, move to BIL (T‑bills, cash‑like). No scheduled rebalancing—only switches when the signal flips. QQQ = Nasdaq‑100 (big US tech). Expect whipsaws in choppy markets; TQQQ can fall fast.
CheckmarkValue prop
Tech-led upside with risk-off safety: if QQQ stays above SMA200, 3x exposure to TQQQ; else 100% BIL. Out-of-sample return ~25%/yr vs S&P, Sharpe ~0.73, Calmar ~0.76 — strong risk-adjusted upside, but bear markets may see larger drawdowns.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.111.810.440.67
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
726.91%14.06%-1.77%0.2%0.85
Fund Indicator: QQQ - Systematic Hedging
6,933.31%30.31%-0.39%-2.36%0.81
Initial Investment
$10,000.00
Final Value
$703,331.43
Regulatory Fees
$357.64
Total Slippage
$1,351.63
Invest in this strategy
OOS Start Date
Nov 8, 2024
Trading Setting
Threshold 10%
Type
Stocks
Category
Trend-following, tactical allocation, market timing, leveraged etfs, nasdaq-100, risk-on/risk-off, moving average, t-bills
Tickers in this symphonyThis symphony trades 3 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
TQQQ
ProShares UltraPro 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 toTQQQ. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 8.46%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 32.82%. 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.