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Symphonies
SOXL Scale-In Test
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Rules-based trend strategy that scales between cash-like T‑bills and a 3x semiconductor ETF. It adds exposure in four 25% steps as short-, medium-, and long-term trends turn positive; retreats to T‑bills when trends weaken. Rebalanced daily.
NutHow it works
Each day the portfolio is split into 4 equal parts. For each part it holds either SOXL (a 3x semiconductor ETF) or BIL (T‑bills) based on simple trend checks of SOXL: is price above its recent average (20‑day) or long-term average (200‑day), and are shorter averages above longer ones? More checks true = more SOXL; else BIL.
CheckmarkValue prop
Rules-based, four-slice trend strategy that scales into 3x semis only when trends confirm, hedged with daily BIL exposure. Out-of-sample: ~46.8% annualized return, Sharpe ~0.93, Calmar ~0.74—strong upside with disciplined risk vs. S&P.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.11.610.270.52
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
597.14%13.63%-1.77%0.2%0.83
SOXL Scale-In Test
1,546.21%20.24%-11.04%42.7%0.62
Initial Investment
$10,000.00
Final Value
$164,620.72
Regulatory Fees
$394.08
Total Slippage
$1,786.99
Invest in this strategy
OOS Start Date
Jan 15, 2024
Trading Setting
Daily
Type
Stocks
Category
Trend-following, moving-average, tactical allocation, leveraged etf, semiconductors, risk management
Tickers in this symphonyThis symphony trades 2 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
SOXL
Direxion Daily Semiconductor Bull 3X 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.

"SOXL Scale-In Test" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"SOXL Scale-In Test" is currently allocated toBILandSOXL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "SOXL Scale-In Test" has returned 32.97%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "SOXL Scale-In Test" is 63.07%. 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 "SOXL Scale-In Test", 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.