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Symphonies
QLD For The Long Term
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Rules-based swing strategy that mostly rides the Nasdaq‑100 (QQQ), shorts it at extreme heat, buys 2x QQQ (QLD) on deep dips, and parks in inverse QQQ or short-term Treasuries when trends weaken; uses SPY’s long-term trend as a market filter.
NutHow it works
1) Check market health: if the S&P 500 (SPY) is above its 200‑day average, conditions are “healthy.” If below, they’re “unhealthy.” 2) In healthy markets: usually own QQQ; but if QQQ is extremely hot (short‑term “speedometer” > 81), briefly switch to PSQ (the inverse) to dodge a pullback. 3) In unhealthy markets: if QQQ is very washed out (<30), go aggressive with QLD (2x QQQ) for a rebound. If the whole market is washed out, buy SPY. If not, and QQQ’s short trend is weak, rotate between PSQ (inverse QQQ) or SHY (short‑term Treasuries), else hold QQQ.
CheckmarkValue prop
Out-of-sample edge: ~36.6% annualized return vs SPY’s ~24.6%, Calmar ~1.54. Nasdaq-100 tilt with hedges offers stronger long-term growth and solid risk-adjusted performance, though drawdowns can exceed the S&P 500.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.260.740.350.59
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
672.33%10.98%-0.15%0.4%0.63
QLD For The Long Term
53,713.89%37.77%0.83%-1.83%1.44
Initial Investment
$10,000.00
Final Value
$5,381,388.52
Regulatory Fees
$6,408.75
Total Slippage
$41,659.31
Invest in this strategy
OOS Start Date
Oct 9, 2023
Trading Setting
Threshold 3%
Type
Stocks
Category
Tactical rotation, trend + mean reversion, nasdaq-100 focus, leveraged & inverse etfs, hedging, us equities, treasuries
Tickers in this symphonyThis symphony trades 5 assets in total
Ticker
Type
PSQ
ProShares Short QQQ
Stocks
QLD
ProShares Ultra QQQ
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
SHY
iShares 1-3 Year Treasury Bond ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
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.

"QLD For The Long Term" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"QLD For The Long Term" is currently allocated toQQQ. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "QLD For The Long Term" has returned 32.96%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "QLD For The Long Term" is 23.72%. 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 "QLD For The Long Term", 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.