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Symphonies
TQQQ or not
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily rules-based switch that mainly rides TQQQ (3x Nasdaq-100) in uptrends or after selloffs, hides in BIL (T-bills) when risk is high, and sometimes flips to UVXY (volatility) at extremes. Other ETFs are used only as signals.
NutHow it works
Daily picks one: TQQQ (3x Nasdaq-100), BIL (T-bills/cash-like), or UVXY (volatility that jumps in panics). RSI = a 0-100 gauge of how stretched price is (high=hot, low=cold). If TQQQ is extremely hot, flip to UVXY. If it plunged, buy TQQQ when oversold; on huge one-day snapbacks use UVXY; else use BIL if bond stress is high. Otherwise: hold TQQQ when price > 25-day average; go to BIL on stock/bond drops. QQQ/SPY/BND/IEF/TLT/TMF are signal ETFs only.
CheckmarkValue prop
Out-of-sample annual return ~39.5% vs S&P ~22.4%, Sharpe ~0.97, Calmar ~0.87. A trend/mean-reversion strategy using UVXY and BIL hedges aims for stronger upside with disciplined risk control compared with the S&P 500.

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Invest in this strategy
OOS Start Date
Apr 29, 2023
Trading Setting
Daily
Type
Stocks
Category
Tactical allocation, leveraged nasdaq, trend-following, mean reversion, volatility hedge, risk management
Tickers in this symphonyThis symphony trades 9 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
BND
Vanguard Total Bond Market
Stocks
IEF
iShares 7-10 Year Treasury Bond ETF
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
TLT
iShares 20+ Year Treasury Bond ETF
Stocks
TMF
Direxion Daily 20+ Year Treasury Bull 3X Shares (based on the NYSE 20 Year Plus Treasury Bond Index; symbol AXTWEN)
Stocks
TQQQ
ProShares UltraPro QQQ
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.

"TQQQ or not" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"TQQQ or not" is currently allocated toTQQQ. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "TQQQ or not" has returned 35.95%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "TQQQ or not" is 45.49%. 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 "TQQQ or not", 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.