Skip to Content
Symphonies
JEPQ/PSQ - No Leverage
Today’s Change
—

A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily on/off switch for the Nasdaq: own JEPQ (income-focused Nasdaq fund) when conditions look healthy or stabilizing; own PSQ (inverse QQQ) when markets look overheated, fearful, or trending down. No leverage; aims to win in up and down swings.
NutHow it works
It flips daily between two funds: - JEPQ: owns Nasdaq-100 stocks and sells call options (generates income, smoother but caps upside). - PSQ: moves opposite QQQ (benefits when Nasdaq falls). It reads “temperature” gauges: RSI (0–100 ‘too hot/too cold’ score), price vs long-term averages (trend), fear spikes (UVXY), bonds/dollar/commodities. If markets look healthy or stabilizing, it holds JEPQ; if overheated, breaking down, or fear jumps, it switches to PSQ.
CheckmarkValue prop
Out-of-sample edge: ~29% annualized return vs ~23% S&P; max drawdown ~12.8% vs ~18.8%; Sharpe ~1.62 vs ~1.37; Calmar ~2.26. Daily Nasdaq toggle (JEPQ/PSQ) targets higher upside with lower risk than the S&P.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.340.360.120.35
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
71.2%15.3%-1.77%0.2%0.93
JEPQ/PSQ - No Leverage
324.89%46.66%-2.69%-0.38%2.29
Initial Investment
$10,000.00
Final Value
$42,489.42
Regulatory Fees
$105.70
Total Slippage
$657.15
Invest in this strategy
OOS Start Date
Dec 11, 2023
Trading Setting
Daily
Type
Stocks
Category
Tactical rotation, nasdaq 100, options income, inverse etf, trend and mean‑reversion, volatility signals, daily rebalance
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 toJEPQ. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "JEPQ/PSQ - No Leverage" has returned 23.51%. 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.