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Symphonies
July 31 2024 ONLY
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Always 100% in METU, a 2× daily bull ETF tied to Meta Platforms’ stock. It magnifies META’s daily ups and downs, rebalancing daily to stay fully invested. Extremely concentrated and high risk due to leverage and single‑company exposure.
NutHow it works
It puts 100% of your money into METU, a fund that aims to move about 2× the daily return of Meta Platforms’ stock (the Facebook/Instagram company). It checks daily to keep everything in METU. Gains and losses are roughly twice META’s daily moves. Over longer periods, results can differ from a simple 2× because the fund resets its leverage each day. This is a very concentrated, high‑risk bet on one company.
CheckmarkValue prop
Out-of-sample: ~28% annualized return vs SPY ~18%; levered META exposure magnifies upside in uptrends. Higher risk: up to ~60% drawdown and more volatility. Best for risk-tolerant investors comfortable with concentrated, levered exposure.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
-0.142.710.420.65
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
28.16%15.05%-1.77%0.2%0.91
July 31 2024 ONLY
5.55%3.1%-6.45%-12.81%0.39
Initial Investment
$10,000.00
Final Value
$10,554.75
Regulatory Fees
$0.00
Total Slippage
$1.00
Invest in this strategy
OOS Start Date
Jul 31, 2024
Trading Setting
Daily
Type
Stocks
Category
Leveraged etf, single-stock exposure, tech/communication services, high risk, daily reset, concentrated
Tickers in this symphonyThis symphony trades 1 assets in total
Ticker
Type
METU
Direxion Shares ETF Trust Direxion Daily META Bull 2X 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.

"July 31 2024 ONLY" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"July 31 2024 ONLY" is currently allocated toMETU. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "July 31 2024 ONLY" has returned 11.54%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "July 31 2024 ONLY" is 60.05%. 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 "July 31 2024 ONLY", 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.