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Symphonies
Max Drawdown test
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Daily picks between 3× tech ETFs (TQQQ vs SOXL) by the gentler recent drop over ~9 days, then keeps ~75% in cash. Seeks some upside while limiting damage; uses very volatile, leveraged funds with daily rebalancing.
NutHow it works
Each day it looks at two 3× tech ETFs: TQQQ (triple Nasdaq‑100) and SOXL (triple semiconductors). It checks the last ~9 trading days and picks the one with the smaller “maximum drawdown” (the gentler worst drop). Then, two “equal with cash” steps leave about 25% in that ETF and ~75% in cash. Rebalanced daily. These are high‑risk funds; even with cash, swings and costs can be meaningful.
CheckmarkValue prop
Out-of-sample edge: ~20.6% annualized return vs SPY 16.6%, with a disciplined 25% exposure to a 3x tech ETF and 75% cash, rebalanced daily to boost upside while limiting losses. Note higher drawdowns (max ~61%).
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.023.440.810.9
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
681.98%13.9%2.19%5.01%0.84
Max Drawdown test
10,563.44%34.39%3.81%-2.91%0.78
Initial Investment
$10,000.00
Final Value
$1,066,343.95
Regulatory Fees
$4,027.65
Total Slippage
$18,278.63
Invest in this strategy
OOS Start Date
Dec 23, 2024
Trading Setting
Daily
Type
Stocks
Category
Leveraged etfs, tactical allocation, low-drawdown filter, equities, technology, semiconductors, daily rebalance, cash overlay
Tickers in this symphonyThis symphony trades 2 assets in total
Ticker
Type
SOXL
Direxion Daily Semiconductor Bull 3X Shares
Stocks
TQQQ
ProShares UltraPro QQQ
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.

"Max Drawdown test" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Max Drawdown test" is currently allocated toTQQQ. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Max Drawdown test" has returned 20.60%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Max Drawdown test" is 61.26%. 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 "Max Drawdown test", 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.