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Symphonies
Simplified JEPQ FTLT
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Daily rotation among JEPQ, JEPI, XLK, BTAL, or BIL. Uses SPY’s 200‑day trend plus short‑term “heat” (RSI) from leveraged market gauges to avoid chasing overbought surges, buy select tech dips, or hide in defensive/cash ETFs.
NutHow it works
Each day it first asks: is the S&P 500 (SPY) above its 200‑day average (a long‑term trend line)? If yes, it usually holds JEPQ (income‑focused Nasdaq), unless very short‑term “heat” is extreme, then it steps to defense (BTAL) or cash‑like bills (BIL). If SPY is below its 200‑day, it either buys tech on deep dips (XLK), holds broad income (JEPI), or goes defensive (BTAL/BIL) based on quick “heat” checks. “RSI” is a 0–100 heat score; moving averages are typical price lines.
CheckmarkValue prop
Out-of-sample, this strategy delivers higher risk-adjusted returns (Sharpe ~1.53 vs ~1.29), stronger annualized return (~28.7% vs ~21.5%), lower drawdowns (~14% vs ~19%), and a lower beta (~0.74)—more upside with less risk than the S&P 500.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.240.450.210.46
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
64.77%13.85%-1.77%0.2%0.84
Simplified JEPQ FTLT
200.48%33.09%1.1%3.49%1.8
Initial Investment
$10,000.00
Final Value
$30,048.42
Regulatory Fees
$40.01
Total Slippage
$233.99
Invest in this strategy
OOS Start Date
Dec 26, 2023
Trading Setting
Daily
Type
Stocks
Category
Trend filter,momentum/rsi,covered-call income,defensive rotation,technology tilt,cash timing
Tickers in this symphonyThis symphony trades 9 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
BTAL
AGF U.S. Market Neutral Anti-Beta Fund
Stocks
JEPI
JPMorgan Equity Premium Income ETF
Stocks
JEPQ
J.P. Morgan Nasdaq Equity Premium Income ETF
Stocks
SPXL
Direxion Daily S&P 500 Bull 3x ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
SQQQ
ProShares UltraPro Short QQQ
Stocks
TQQQ
ProShares UltraPro QQQ
Stocks
XLK
State Street Technology Select Sector SPDR 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.

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

"Simplified JEPQ FTLT" is currently allocated toJEPQ. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Simplified JEPQ FTLT" has returned 25.23%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Simplified JEPQ FTLT" is 13.99%. 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 "Simplified JEPQ FTLT", 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.