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Symphonies
Retire, as long as MSTY doesn't blow up | Deez | 24NOV2024
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A simple 80/20 mix: 80% JEPQ (Nasdaq income fund) and 20% MSTY (options income tied to MicroStrategy/Bitcoin). Aims for high monthly cash flow; upside is capped and MSTY adds crash risk if Bitcoin/MSTR plunge. No automatic rebalancing.
NutHow it works
It holds two funds: 80% JEPQ and 20% MSTY. JEPQ owns big Nasdaq tech stocks and sells options to pay steady monthly income, but it gives up some upside. MSTY uses options linked to MicroStrategy (tied to Bitcoin) to pay high income but can drop fast if Bitcoin/MSTR fall. No rebalancing.
CheckmarkValue prop
Income-first strategy delivering steady monthly cash flow via option premiums (80/20 JEPQ/MSTY). While OOS return trails SPY (0.72% vs 12.5%) and drawdowns are higher, it can diversify and provide predictable income in uncertain markets.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.131.160.560.75
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
37.63%19.54%0.32%5.66%1.15
Retire, as long as MSTY doesn't blow up | Deez | 24NOV2024
77.72%37.89%-1.46%-0.26%1.37
Initial Investment
$10,000.00
Final Value
$17,772.03
Regulatory Fees
$0.15
Total Slippage
$1.90
Invest in this strategy
OOS Start Date
Nov 24, 2024
Trading Setting
Threshold 25%
Type
Stocks
Category
Income-focused, covered-call options, tech-heavy, bitcoin-sensitive, high yield, equity income, no scheduled rebalancing
Tickers in this symphonyThis symphony trades 2 assets in total
Ticker
Type
JEPQ
J.P. Morgan Nasdaq Equity Premium Income ETF
Stocks
MSTY
YieldMax MSTR Option Income Strategy 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.

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

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

Year-to-date, the symphony has returned 4.21%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 22.10%. 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.