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Symphonies
smarter TQQQ - longer backtest period
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Daily, it usually holds QQQ (Nasdaq-100). After a 5-day drop worse than ~-5%, it switches to leveraged funds: use 2x inverse (QID) if there was a strong bounce yesterday, else use 2x long (QLD). Concentrated in big tech/growth.
NutHow it works
Each day it checks the Nasdaq-100 via QQQ. If QQQ fell more than about 5% over the last 5 trading days, it then looks at yesterday: if QQQ jumped over 1% yesterday, it buys QID (moves about 2x opposite QQQ); otherwise it buys QLD (about 2x QQQ). If not, it just holds QQQ. Tech-heavy focus.
CheckmarkValue prop
Out-of-sample: ~28.4% annualized vs 13.2% for SPY, Sharpe ~1.03 vs 0.78, and Calmar ~1.01. A tech-heavy, dynamic strategy designed to outperform the S&P with stronger risk-adjusted returns, acknowledging higher drawdown in stress.

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Invest in this strategy
OOS Start Date
Jan 30, 2022
Trading Setting
Daily
Type
Stocks
Category
Tactical qqq rotation, leveraged etfs, daily rebalance, tech-heavy
Tickers in this symphonyThis symphony trades 3 assets in total
Ticker
Type
QID
ProShares UltraShort QQQ
Stocks
QLD
ProShares Ultra QQQ
Stocks
QQQ
Invesco QQQ Trust, Series 1
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.

"smarter TQQQ - longer backtest period" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"smarter TQQQ - longer backtest period" is currently allocated toQQQ. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "smarter TQQQ - longer backtest period" has returned 26.44%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "smarter TQQQ - longer backtest period" is 28.09%. 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 "smarter TQQQ - longer backtest period", 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.