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Symphonies
Layer 2: Hedged Bull (v 1.1)
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A rules‑based, hedged bull strategy: ride stock uptrends, buy dips selectively (sometimes with leverage), and quickly shift to U.S. dollar, gold, or volatility hedges when stress hits. Rebalances daily; high risk due to leveraged ETFs.
NutHow it works
Step 1: Big trend check. If the S&P 500 (SPY) is above its 200‑day average, it treats markets as “uptrend”; otherwise “downtrend.” Uptrend: own US stocks (QQQ/SPY or 3x versions TQQQ/SPXL), buy dips, but if risk jumps it parks in UUP (U.S. dollar) and GLD (gold), sized by calmness. It may briefly use UVXY (volatility) as a crash hedge. SHY=T‑bills; SQQQ=3x inverse QQQ; TMF=3x long Treasuries. Downtrend: mostly UUP/GLD or UVXY, with rare dip buys. RSI is a 0–100 “heat gauge” of recent moves; low=oversold, high=hot. “Drawdown” is the worst recent drop.
CheckmarkValue prop
OOS edge: Sharpe 1.71 vs 1.31; 30.9% annualized vs 22.0%; drawdown 17.6% vs 18.8%; Calmar 1.76. Hedged bull strategy seeks higher upside with lower risk than SPY.

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Invest in this strategy
OOS Start Date
Sep 22, 2022
Trading Setting
Daily
Type
Stocks
Category
Tactical allocation, trend-following, mean reversion, volatility hedging, leveraged etfs, risk management
Tickers in this symphonyThis symphony trades 10 assets in total
Ticker
Type
GLD
SPDR Gold Trust, SPDR Gold Shares
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
SHY
iShares 1-3 Year Treasury Bond ETF
Stocks
SPXL
Direxion Daily S&P 500 Bull 3x Shares
Stocks
SPY
SPDR S&P 500 ETF Trust
Stocks
SQQQ
ProShares UltraPro Short QQQ
Stocks
TMF
Direxion Daily 20+ Year Treasury Bull 3X Shares (based on the NYSE 20 Year Plus Treasury Bond Index; symbol AXTWEN)
Stocks
TQQQ
ProShares UltraPro QQQ
Stocks
UUP
Invesco DB US Dollar Index Bullish Fund
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.

"Layer 2: Hedged Bull (v 1.1)" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Layer 2: Hedged Bull (v 1.1)" is currently allocated toQQQ. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Layer 2: Hedged Bull (v 1.1)" has returned 30.94%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Layer 2: Hedged Bull (v 1.1)" is 17.56%. 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 "Layer 2: Hedged Bull (v 1.1)", 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.