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Symphonies
It is what it is 0.0.0.3
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

If short‑term readings say markets are overheated, it moves into UVXY (a volatility spike play). Otherwise it alternates between leveraged long and inverse Nasdaq‑100 (TQQQ/QLD vs PSQ/SQQQ) using 200‑day drawdown, trend, and return rules. High risk.
NutHow it works
Step 1 (overheated check): It looks at a 10‑day RSI—a 0–100 speedometer of recent gains—on big indexes/sectors (SPY, QQQ variants, tech, value, consumer, financials, communications). If any read ~80+, it buys UVXY, which jumps when fear rises. Step 2: If not overheated, it times the Nasdaq‑100 using 200‑day drop/trend and how far it’s run, flipping between leveraged long (TQQQ/QLD) and inverse (PSQ/SQQQ). High risk.
CheckmarkValue prop
Out-of-sample edge vs SPY: Sharpe 1.93 vs 0.98, Calmar 4.57, alpha ~0.98. Uses volatility hedges and Nasdaq-100 timing for upside, with higher drawdowns possible. Attractive for growth-seekers willing to embrace risk.

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Invest in this strategy
OOS Start Date
Jul 8, 2024
Trading Setting
Threshold 10%
Type
Stocks
Category
Market timing, volatility hedge, leveraged/inverse etfs, trend-following, rsi overbought signals, nasdaq-100 focus
Tickers in this symphonyThis symphony trades 16 assets in total
Ticker
Type
FAS
Direxion Daily Financial Bull 3x ETF
Stocks
PSQ
ProShares Short QQQ
Stocks
QLD
ProShares Ultra QQQ
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
QQQE
Direxion Shares ETF Trust Direxion NASDAQ-100 Equal Weighted Index ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
SQQQ
ProShares UltraPro Short QQQ
Stocks
TECL
Direxion Daily Technology Bull 3x ETF
Stocks
TQQQ
ProShares UltraPro QQQ
Stocks
UVXY
ProShares Ultra VIX Short-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.

"It is what it is 0.0.0.3" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"It is what it is 0.0.0.3" is currently allocated toPSQ. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "It is what it is 0.0.0.3" has returned 195.75%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "It is what it is 0.0.0.3" is 42.02%. 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 "It is what it is 0.0.0.3", 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.