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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

Risk-on/risk-off timer: if short-term “overbought” signals flash across major ETFs, it buys UVXY (a volatility spike hedge). Otherwise it switches between leveraged Nasdaq-100 longs (TQQQ/QLD) and shorts (PSQ/SQQQ) using 200‑day trends and return thresholds.
NutHow it works
It watches several market “thermometers” (SPY, Nasdaq and sector funds like XLP, XLY, VOX, growth/value VOOG/VOOV, plus leveraged TQQQ/TECL/FAS). If the 10‑day RSI—a simple heat gauge of a rapid rise—is very high (~79–80), it moves 100% into UVXY, a fund that jumps when markets suddenly drop. If not overheated, it times the Nasdaq‑100: after a ~10%+ drawdown it rides TQQQ/QLD until gains get big, then flips to PSQ/SQQQ; without a recent drop it rides TQQQ unless gains > ~15%, then hedges. Very aggressive.
CheckmarkValue prop
Out-of-sample, this strategy shows superior risk-adjusted upside vs the S&P 500: oos Sharpe ~1.93, Calmar ~4.57, and ~192% annualized return, aided by Nasdaq-100 exposure and a crash hedge with UVXY. Higher volatility, but bigger upside.

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Invest in this strategy
OOS Start Date
Jul 8, 2024
Trading Setting
Threshold 10%
Type
Stocks
Category
Tactical-allocation, market-timing, leveraged-etfs, volatility-hedge, momentum, mean-reversion, nasdaq-100-focused
Tickers in this symphonyThis symphony trades 16 assets in total
Ticker
Type
FAS
Direxion Daily Financial Bull 3x Shares
Stocks
PSQ
ProShares Short QQQ
Stocks
QLD
ProShares Ultra QQQ
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
QQQE
Direxion NASDAQ-100 Equal Weighted Index Shares
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
SQQQ
ProShares UltraPro Short QQQ
Stocks
TECL
Direxion Daily Technology Bull 3x Shares
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 190.92%. 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.