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Symphonies
JEPQ/PSQ - No Leverage
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily strategy that flips between JEPQ (income-focused big tech exposure) and PSQ (profits when Nasdaq falls), based on whether the market looks overheated, oversold, calm, or risky.
NutHow it works
This strategy checks the market every day and chooses between just two funds: • JEPQ: a milder, income-focused way to own big Nasdaq stocks like Apple, Microsoft, and Nvidia • PSQ: a fund that goes up when the Nasdaq-100 goes down It uses “market temperature” signals like whether stocks look overheated, beaten down, fearful, or in a weak trend. If tech looks attractive or oversold, it buys JEPQ. If tech looks too hot or risky, it switches to PSQ.
CheckmarkValue prop
OO annualized return 22.06% vs S&P 21.15%; drawdown 12.84% vs 18.76%; Calmar 1.72; beta ~0.40. A daily regime-driven Nasdaq strategy flipping between JEPQ and PSQ to seek steadier, higher risk-adjusted upside than the S&P.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.310.310.090.29
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
98.86%17.01%-0.05%3.57%1.04
JEPQ/PSQ - No Leverage
358.73%41.63%3.98%7.04%2.07
Initial Investment
$10,000.00
Final Value
$45,873.46
Regulatory Fees
$126.68
Total Slippage
$961.66
Invest in this strategy
OOS Start Date
Dec 11, 2023
Trading Setting
Daily
Type
Stocks
Category
Tactical asset allocation, nasdaq, long/short, mean reversion, trend-following, defensive, income
Tickers in this symphonyThis symphony trades 18 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
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
JEPQ
J.P. Morgan Nasdaq Equity Premium Income ETF
Stocks
PSQ
ProShares Short QQQ
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
SOXL
Direxion Daily Semiconductor Bull 3X ETF
Stocks
SPHB
Invesco S&P 500 High Beta ETF
Stocks
SPXL
Direxion Daily S&P 500 Bull 3x 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.

"JEPQ/PSQ - No Leverage" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"JEPQ/PSQ - No Leverage" is currently allocated toPSQ. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "JEPQ/PSQ - No Leverage" has returned 21.56%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "JEPQ/PSQ - No Leverage" is 12.84%. 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/PSQ - No Leverage", 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.
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