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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 two-signal, daily-rebalanced strategy that aims to ride Nasdaq strength by going all-in on TQQQ when XLU or JNK momentum relative to QQQ is favorable, otherwise staying in cash (BIL). High risk due to leverage; signals use 21-day RSI comparisons.
NutHow it works
Day 1 and every day thereafter: - Compute RSI over 21 days for XLU and QQQ, and for JNK and QQQ. - Rule A: If RSI(XLU) < RSI(QQQ), allocate to TQQQ; otherwise allocate to BIL. - Rule B: If RSI(JNK) > RSI(QQQ), allocate to TQQQ; otherwise allocate to BIL. - Each rule is evaluated independently with a 100% allocation when its condition is met, implying two parallel decision tracks. The platform then combines the outcomes to form the final portfolio exposure (often capped at 100% total). - Rebalance daily to reflect the latest signals. What you’re buying/selling: - TQQQ: a 3x bullish bet on Nasdaq-100 (very volatile). - BIL: cash-like exposure (short-term Treasuries) to reduce risk when signals aren’t favorable. This design uses momentum checks against QQQ to decide when risk-on Nasdaq exposure is warranted versus when to stay in cash-like assets.
CheckmarkValue prop
Two-signal momentum strategy that rotates into 3x Nasdaq exposure (TQQQ) when favorable and into cash (BIL) otherwise. Out-of-sample annualized return ~28.9% vs S&P ~19%; higher upside with higher risk (drawdowns up to ~40%).
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
Momentum-based, tactical, leveraged-equity, cash-like hedge, daily rebalance
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.