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Symphonies
Inverse Volatility with TECL
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Seeks smoother returns from very fast-moving stock funds by giving bigger weights to the calmer ones over the past ~5 weeks and smaller weights to the bumpier ones. Rebalanced monthly. Optional gold can cushion declines but tends to reduce returns.
NutHow it works
Each month it spreads money across five funds that track US stocks at 3x speed: UPRO (S&P 500), UDOW (Dow 30), TQQQ (big tech via Nasdaq-100), TECL (broad tech), SOXL (chipmakers). It checks the last ~25 trading days. The bumpier a fund has been (“volatility”), the smaller its slice; the calmer, the larger. Weights are scaled to 100% and reset monthly. Optional: adding a bit of UGL (2x gold) can soften drops but usually trims returns.
CheckmarkValue prop
Out-of-sample: ~45% annualized return vs ~20% for the S&P, with Calmar ~0.83. It tilts to calmer 3x bets to damp volatility, but drawdowns can exceed 50% and leverage magnifies risk.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
-03.20.960.98
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
631.38%13.3%-4.19%-3.74%0.81
Inverse Volatility with TECL
8,823.19%32.55%-13.47%-13.91%0.79
Initial Investment
$10,000.00
Final Value
$892,319.16
Regulatory Fees
$82.72
Total Slippage
$436.80
Invest in this strategy
OOS Start Date
Jul 19, 2023
Trading Setting
Monthly
Type
Stocks
Category
Volatility targeting,inverse volatility,risk parity,leveraged equity etfs,us stocks,technology-heavy,monthly rebalance
Tickers in this symphonyThis symphony trades 5 assets in total
Ticker
Type
SOXL
Direxion Daily Semiconductor Bull 3X ETF
Stocks
TECL
Direxion Daily Technology Bull 3x ETF
Stocks
TQQQ
ProShares UltraPro QQQ
Stocks
UDOW
ProShares UltraPro Dow 30
Stocks
UPRO
ProShares UltraPro S&P 500
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.

"Inverse Volatility with TECL" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Inverse Volatility with TECL" is currently allocated toSOXL, TECL, TQQQ, UDOWandUPRO. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Inverse Volatility with TECL" has returned 30.28%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Inverse Volatility with TECL" is 54.44%. 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 "Inverse Volatility with TECL", 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.