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Symphonies
JEPQ Combo - K-1 Free
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A K-1-free, rules-based, daily strategy that uses JEPQ for income as the core, then shifts to cash, leveraged Nasdaq longs (TQQQ/QLD), or hedges (PSQ/SQQQ) and occasional volatility (VXX/UVXY) based on simple hot/cold (RSI) and trend signals from stocks and bonds.
NutHow it works
It reads the market’s temperature with RSI (a 0–100 hot/cold gauge) and trend lines (moving averages) on stocks (SPY/QQQ) and long-term Treasuries (TLT). If normal or choppy, it holds JEPQ for income. If overheated, it hedges or shorts (PSQ/SQQQ). If washed-out, it buys the dip with TQQQ/QLD—but only if bonds confirm. In panics it parks in T-bills (SGOV) and sometimes volatility (VXX/UVXY). Rebalances daily.
CheckmarkValue prop
Out-of-sample return ~33% vs SPY ~23%, with a lower beta (~0.82) and Calmar ~1.57, signaling superior risk-adjusted growth. Income-first Nasdaq exposure with hedging and daily rebalancing offers bigger upside with controlled risk—K-1-free.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.540.580.10.31
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
92.55%19.34%-0.15%0.4%1.14
JEPQ Combo - K-1 Free
818.67%81.91%-1.99%-0.93%2.08
Initial Investment
$10,000.00
Final Value
$91,867.29
Regulatory Fees
$348.63
Total Slippage
$2,195.93
Invest in this strategy
OOS Start Date
Dec 3, 2023
Trading Setting
Daily
Type
Stocks
Category
Tactical allocation, nasdaq income + hedged, trend + mean reversion, k-1 free, daily rebalance
Tickers in this symphonyThis symphony trades 28 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
BND
Vanguard Total Bond Market
Stocks
BSV
Vanguard Short-Term Bond ETF
Stocks
DBC
Invesco DB Commodity Index Tracking Fund
Stocks
IEF
iShares 7-10 Year Treasury Bond ETF
Stocks
JEPI
JPMorgan Equity Premium Income ETF
Stocks
JEPQ
J.P. Morgan Nasdaq Equity Premium Income ETF
Stocks
PSQ
ProShares Short QQQ
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.

"JEPQ Combo - K-1 Free" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"JEPQ Combo - K-1 Free" is currently allocated toJEPQ. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "JEPQ Combo - K-1 Free" has returned 37.91%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "JEPQ Combo - K-1 Free" is 21.23%. 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 "JEPQ Combo - K-1 Free", 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.