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Symphonies
@parts UVXY parts of v4 Pops l 18 April 2012 | SHARED
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Daily switch: bet on a volatility spike (UVXY) when the market looks extremely overheated or just made a big move; otherwise park in T‑bills (BIL). Very tactical and risky; most of the time expects to sit in BIL.
NutHow it works
Each day it holds one thing: either UVXY or BIL. UVXY is a leveraged fund tied to stock‑market fear (it jumps when markets suddenly drop). BIL is a cash‑like T‑bill fund. It buys UVXY only when short‑term “heat” gauges say the market—especially tech—has run too hot (RSI, a 0–100 hotness meter, above ~80), or after very sharp moves in fast funds like TQQQ. Otherwise it sits in BIL. Goal: catch brief volatility spikes, avoid market exposure the rest of the time.
CheckmarkValue prop
Out-of-sample, this volatility-timing strategy shows higher upside than the S&P 500 (about 28.8% vs 19.8%), with most days in cash (BIL) to limit risk. Calmar ~1.44 signals strong risk-adjusted gains, with occasional drawdowns for outsized upside.

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Invest in this strategy
OOS Start Date
Mar 11, 2024
Trading Setting
Daily
Type
Stocks
Category
Volatility-timing, tactical, mean-reversion, uvxy/bil, overbought-signals, risk-management
Tickers in this symphonyThis symphony trades 0 assets in total
Ticker
Type

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.

The symphony is currently performing the same as yesterday today. Performance updates in real time during market hours.

The symphony is currently allocated toBIL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 28.78%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 19.92%. 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 the symphony, 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.