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Symphonies
JM256 - SPXL For The Long Term (Reddit Post Link) by JM
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Daily: hold SPXL (3x S&P 500) while the trend is up; flip to UVXY if prices look overheated. When the trend is down, buy oversold dips in SPXL/UPRO or rotate to SQQQ (short Nasdaq) or TLT if Nasdaq is weak.
NutHow it works
Daily check: if the S&P 500 (SPY) is above its 200‑day average, hold SPXL (3× S&P 500). If prices look too “hot” (RSI = a quick hot/cold 10‑day score) on TQQQ or SPXL, flip to UVXY to catch a volatility pop. If SPY is below the 200‑day average, buy the dip in SPXL/UPRO when very oversold. Otherwise, if Nasdaq is weak, choose the stronger of SQQQ (short Nasdaq) or TLT (Treasuries). If not, use SQQQ if it’s washed out; else SPXL.
CheckmarkValue prop
Out-of-sample edge: ~44% annualized return vs ~18% for the S&P, with Calmar ~1.03. Accept higher drawdowns (~43%) for potentially large upside from a tactical, trend-following core with hedges.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.821.230.150.38
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
693.37%15.63%2.19%5.01%0.95
JM256 - SPXL For The Long Term (Reddit Post Link) by JM
24,825,740.16%138.99%5.52%11.67%1.88
Initial Investment
$10,000.00
Final Value
$2,482,584,015.91
Regulatory Fees
$1,741,118.30
Total Slippage
$12,517,187.94
Invest in this strategy
OOS Start Date
Aug 25, 2024
Trading Setting
Daily
Type
Stocks
Category
Leveraged etfs,tactical asset allocation,trend-following,mean-reversion,volatility trading,daily rebalanced,s&p 500,nasdaq 100,treasuries
Tickers in this symphonyThis symphony trades 7 assets in total
Ticker
Type
SPXL
Direxion Daily S&P 500 Bull 3x Shares
Stocks
SPY
SPDR S&P 500 ETF Trust
Stocks
SQQQ
ProShares UltraPro Short QQQ
Stocks
TLT
iShares 20+ Year Treasury Bond ETF
Stocks
TQQQ
ProShares UltraPro QQQ
Stocks
UPRO
ProShares UltraPro S&P 500
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.

The symphony is currently performing the same as yesterday today. Performance updates in real time during market hours.

The symphony is currently allocated toSPXL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 44.12%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 43.00%. 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 the symphony, 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, crypto, and options.