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Symphonies
Scaled In Dip Buys 2x
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Buys short‑term dips in the Nasdaq‑100 using a 2x ETF (QLD). First check trend: if SPY (S&P 500) is above its 200‑day average, pair QLD with SPY; if not, pair QLD with SHY (1–3yr Treasuries). The deeper the dip (lower RSI), the more QLD.
NutHow it works
1) Trend check: If SPY is above its 200‑day average, it’s an uptrend; otherwise a downtrend. 2) Dip size: Use QQQ’s 10‑day RSI, a 0–100 score of recent ups vs downs; lower means more sold off. 3) Positioning: Uptrend → mix SPY with 0–100% QLD (2x Nasdaq) as RSI drops. Downtrend → mix SHY with QLD. No dip (RSI≥30) → hold SPY (uptrend) or SHY (downtrend). Very low RSI (<20) → 100% QLD.
CheckmarkValue prop
Out-of-sample edge: Trend-filtered Nasdaq-100 dip-buy with QLD delivers higher risk-adjusted return (25.2% vs 21.1%), lower max drawdown (10.5% vs 18.8%), and lower beta than the S&P 500.

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Invest in this strategy
OOS Start Date
Nov 12, 2022
Trading Setting
Daily
Type
Stocks
Category
Dip buying, trend filter, tactical allocation, nasdaq 100, leveraged etf, risk-on/risk-off, rsi
Tickers in this symphonyThis symphony trades 4 assets in total
Ticker
Type
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.

"Scaled In Dip Buys 2x" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Scaled In Dip Buys 2x" is currently allocated toSPY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Scaled In Dip Buys 2x" has returned 23.87%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Scaled In Dip Buys 2x" is 10.47%. 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 "Scaled In Dip Buys 2x", 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.