Skip to Content
Trade options on Composer. Earn up to $200 in cash rebates!Get Started.T&Cs apply.
Quickl230303
Today’s Change

A symphony is an automated trading strategy — Learn more about symphonies here

About

A fast, rule‑based switch between 3x bull or 3x bear funds in the S&P 500/Nasdaq‑100 and internet stocks. It splits 50/50 and uses simple trend (moving averages) or momentum (RSI) signals on SPY to decide direction. Very aggressive and high risk.
NutHow it works
It always splits money 50/50 between two funds. 1) If SPY (S&P 500) is at/above its 2‑day average (avg of last 2 closes), check trend: if SPY’s 5‑day avg is below its 10‑day avg (downtrend), buy SPXU+WEBS (3x inverse S&P 500 and internet). Otherwise buy UPRO+WEBL (3x bull). 2) If SPY is below its 2‑day avg, check momentum: if 3‑day RSI ≥ 21‑day RSI (RSI compares recent up vs down days), buy SQQQ+WEBS (3x inverse Nasdaq‑100+internet). Otherwise buy TQQQ+WEBL (3x bull).
CheckmarkValue prop
Out-of-sample: higher growth potential (~22.1% annualized vs SPY ~21%). Uses dynamic 3x bull/bear tilts to ride trends, targeting tech-led rallies. But beware: it can incur far larger drawdowns and volatility in downturns—high risk, high reward.
1M
3M
6M
YTD
1Y
3Y
Max
Performance
Compared to selected benchmarks
AlphaBetaR2R
0.350.730.040.2
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
145.48%15.69%2.19%5.01%0.81
226.11%21.14%-5.3%-9.54%0.62
Initial Investment
$10,000.00
Final Value
$32,611.26
Regulatory Fees
$457.18
Total Slippage
$2,753.26
Invest in this strategy
OOS Start Date
Jul 12, 2023
Trading Setting
Threshold 1.62%
Type
Stocks
Category
Tactical trend/momentum, 3x leveraged etfs, market timing, s&p 500, nasdaq‑100, internet stocks, long/short, high risk
Tickers in this symphonyThis symphony trades 7 assets in total
Ticker
Type
SPXU
ProShares UltraPro Short S&P 500
Stocks
SPY
SPDR S&P 500 ETF Trust
Stocks
SQQQ
ProShares UltraPro Short QQQ
Stocks
TQQQ
ProShares UltraPro QQQ
Stocks
UPRO
ProShares UltraPro S&P 500
Stocks
WEBL
Direxion Daily Dow Jones Internet Bull 3X Shares
Stocks
WEBS
Direxion Daily Dow Jones Internet Bear 3X Shares
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.

"Quickl230303" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Quickl230303" is currently allocated toTQQQandWEBL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Quickl230303" has returned 22.09%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Quickl230303" is 59.99%. 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 "Quickl230303", 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.