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Symphonies
SPY - Bull or Hedge
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A tactical S&P 500 plan that flips between stocks (SPY/SPXL), safe havens (gold GLD and US dollar UUP), and a crash hedge (UVXY). It follows the 200‑day trend, buys dips, avoids chasing hot markets, and balances risk in defensive mode.
NutHow it works
1) Check the S&P 500’s long-term trend (200‑day line). If up, be bullish; if not, be defensive. 2) Bullish: usually hold SPY (US stocks). If the market is very “cold” (RSI ~≤31), briefly use SPXL (3x SPY) to play rebounds. If things look “hot” (RSI high, big 1‑day pop, or fear jumps), step aside to GLD (gold) + UUP (US dollar). 3) Defensive: hold GLD+UUP; if fear is extreme, use UVXY (volatility). GLD/UUP are sized to balance risk.
CheckmarkValue prop
Out-of-sample, this tactical strategy targets ~43% annualized return vs ~22% for the S&P, with ~12% max drawdown vs ~19%, and stronger risk-adjusted metrics (Sharpe ~1.61; Calmar ~3.5). It diversifies among stocks, gold, USD, and crash hedges to protect gains.

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Invest in this strategy
OOS Start Date
Sep 21, 2022
Trading Setting
Threshold 10%
Type
Stocks
Category
Trend-following, tactical allocation, risk-parity, volatility hedge, leveraged etfs, s&p 500, gold, us dollar
Tickers in this symphonyThis symphony trades 8 assets in total
Ticker
Type
GLD
SPDR Gold Trust, SPDR Gold Shares
Stocks
SPXL
Direxion Daily S&P 500 Bull 3x Shares
Stocks
SPXU
ProShares UltraPro Short S&P 500
Stocks
SPY
SPDR S&P 500 ETF Trust
Stocks
SQQQ
ProShares UltraPro Short QQQ
Stocks
TMF
Direxion Daily 20+ Year Treasury Bull 3X Shares (based on the NYSE 20 Year Plus Treasury Bond Index; symbol AXTWEN)
Stocks
UUP
Invesco DB US Dollar Index Bullish Fund
Stocks
UVXY
ProShares Ultra VIX Short-Term Futures 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.

"SPY - Bull or Hedge" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"SPY - Bull or Hedge" is currently allocated toSPY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "SPY - Bull or Hedge" has returned 43.31%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "SPY - Bull or Hedge" is 12.33%. 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 "SPY - Bull or Hedge", 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.