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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 rides uptrends (SPY), buys dips with leverage (SPXL), and shifts to defenses—gold (GLD), US dollar (UUP), or brief UVXY—when fear or downtrends appear. Uses 200‑day trend, RSI, and panic spikes to switch.
NutHow it works
It watches three things: the market’s long‑term trend (SPY vs its 200‑day average), short‑term “hot/cold” readings (10‑day RSI), and fear spikes (UVXY). In uptrends it holds SPY and sometimes the 3× bull SPXL on dips. In downtrends it mostly hides in gold (GLD) and the US dollar (UUP). If fear jumps, it may briefly buy UVXY or move to gold/dollar. Gold vs dollar is sized toward the calmer one.
CheckmarkValue prop
Out-of-sample edge: higher risk-adjusted returns and lower drawdown vs the S&P 500. Sharpe ~1.61 vs ~1.29; Calmar ~3.50; annualized return ~43% vs ~22%, driven by regime switching and hedging that ride uptrends and protect downside.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.5-0.190.01-0.09
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
616.19%14.71%0.54%-0.34%0.9
SPY - Bull or Hedge
40,685.88%52.05%0.54%-1.03%1.39
Initial Investment
$10,000.00
Final Value
$4,078,587.82
Regulatory Fees
$8,101.89
Total Slippage
$54,309.81
Invest in this strategy
OOS Start Date
Sep 21, 2022
Trading Setting
Threshold 10%
Type
Stocks
Category
Tactical allocation, regime switching, trend following, volatility hedging, leveraged etfs, risk parity, multi-asset
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
State Street 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 41.08%. 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, and options.