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Symphonies
Simons NOVA | High Win Rate | Here comes the 3x Hotstepper | v1
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A fast, daily RSI‑driven switcher among leveraged ETFs: jump to volatility when stocks are overheated, buy deeply oversold tech/semis/biotech, sometimes short them, and fall back to Treasuries or T‑bills. Extremely aggressive and high risk.
NutHow it works
RSI is a 0–100 heat gauge: >80 = overheated, <30 = washed out. Daily it: 1) If IOO (global megacaps) is hot, buy UVXY (volatility). 2) Else if TQQQ or SPY are hot, prefer UVXY; if not, buy oversold LABU (biotech) or the best 10‑day performer among TECL/FNGU/SOXL/UPRO. 3) Else buy oversold SOXL/TECL/LABU. If semis are too hot, use bears FNGD/TECS/SOXS. 4) If bonds look washed out (TMV hot), buy TMF; else hold BIL.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
-0.062.170.420.65
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
20.55%28.13%1.36%5.73%1.28
Simons NOVA | High Win Rate | Here comes the 3x Hotstepper | v1
27.45%37.94%0.33%7.69%0.75
Initial Investment
$10,000.00
Final Value
$12,744.77
Regulatory Fees
$6.48
Total Slippage
$38.52
Invest in this strategy
OOS Start Date
Jul 21, 2024
Trading Setting
Daily
Type
Stocks
Category
Leveraged etfs, rsi-based, momentum, mean reversion, sector rotation, volatility hedge, inverse etfs, treasuries, daily tactical
Tickers in this symphonyThis symphony trades 0 assets in total
Ticker
Type

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 toBIL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 37.95%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 27.70%. 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.