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Symphonies
New Signal, XLU and JNK [CMP]
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily switch between 3× Nasdaq‑100 (TQQQ) and T‑Bills (BIL) using two simple momentum checks: tech vs utilities and tech vs junk bonds. If risk‑on, it buys TQQQ (50–100%); otherwise it sits in T‑Bills. High potential return, high risk.
NutHow it works
Daily, split money into two equal slices. RSI is a 0–100 score of recent momentum (higher = stronger), using ~21 trading days. • Slice 1: If Utilities (XLU) RSI < Nasdaq‑100 (QQQ) RSI → buy 3× QQQ (TQQQ); else hold T‑Bills (BIL). • Slice 2: If High‑Yield bonds (JNK) RSI > QQQ RSI → buy TQQQ; else hold BIL. Result: 0%, 50%, or 100% in TQQQ; rest in BIL.
CheckmarkValue prop
Out-of-sample, this tactical momentum strategy targets tech upside with risk-off protection. It aims ~28.9% annualized return vs the S&P, with Sharpe ~0.96 and Calmar ~0.72; drawdowns can reach ~40% in stressed markets.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.241.370.540.73
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
726.91%14.06%-1.77%0.2%0.85
New Signal, XLU and JNK [CMP]
55,734.44%48.25%1.79%4.85%1.39
Initial Investment
$10,000.00
Final Value
$5,583,443.85
Regulatory Fees
$12,912.03
Total Slippage
$78,219.69
Invest in this strategy
OOS Start Date
Mar 3, 2024
Trading Setting
Daily
Type
Stocks
Category
Tactical momentum, relative strength, risk-on/risk-off, leveraged qqq, daily rebalance, cash proxy
Tickers in this symphonyThis symphony trades 5 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
JNK
State Street SPDR Bloomberg High Yield Bond ETF
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
TQQQ
ProShares UltraPro QQQ
Stocks
XLU
State Street Utilities Select Sector SPDR 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.

"New Signal, XLU and JNK [CMP]" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"New Signal, XLU and JNK [CMP]" is currently allocated toBIL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "New Signal, XLU and JNK [CMP]" has returned 20.36%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "New Signal, XLU and JNK [CMP]" is 40.11%. 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 "New Signal, XLU and JNK [CMP]", 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.