Skip to Content
Symphonies
Short QLD Logic
Today’s Change
—

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

About

Default is cash‑like T‑Bills. It shorts the tech‑heavy Nasdaq‑100 (via 2x inverse QID) only when bonds are trending up (TLT above its 200‑day average) and the Nasdaq looks extremely overbought (10‑day RSI of QLD > 79).
NutHow it works
It sits in a cash‑like T‑Bill fund (BIL). It only flips to a 2x inverse Nasdaq‑100 fund (QID) when: (1) long‑term Treasuries (TLT) are in an uptrend (price > 200‑day avg), and (2) the Nasdaq is very hot (10‑day RSI of QLD > 79). Why: TLT gates risk; QLD (2x long) makes the heat test stricter; QID executes the short. RSI = 0–100 heat score; high = overbought. Nasdaq‑100 = big US tech.
CheckmarkValue prop
Out-of-sample, this strategy delivers superior risk-adjusted performance vs the S&P: near-zero market beta, very high Calmar/Sharpe, and negligible drawdowns, with cash-like risk until rare, disciplined Nasdaq-100 shorts.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.03-0.020.01-0.11
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
558.69%10.49%12.6%2.81%0.6
Short QLD Logic
74.18%2.98%1.97%2.56%0.67
Initial Investment
$10,000.00
Final Value
$17,418.28
Regulatory Fees
$32.11
Total Slippage
$211.13
Invest in this strategy
OOS Start Date
Oct 5, 2024
Trading Setting
Threshold 10%
Type
Stocks
Category
Tactical timing, trend filter, rsi overbought, inverse etf, nasdaq‑100 short, cash-like
Tickers in this symphonyThis symphony trades 4 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
QID
ProShares UltraShort QQQ
Stocks
QLD
ProShares Ultra QQQ
Stocks
TLT
iShares 20+ Year Treasury Bond 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.

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

"Short QLD Logic" is currently allocated toBIL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Short QLD Logic" has returned 6.16%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Short QLD Logic" is 0.02%. 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 "Short QLD Logic", 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.