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Symphonies
ugl ftlt
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Daily switch between UGL (2x gold up) and GLL (−2x gold). Trend filters set the bias; an RSI heat gauge flips sides at extremes. Designed to ride gold’s trend but fade short-term spikes. Always fully invested using leveraged ETFs.
NutHow it works
Each day it holds one ETF: UGL (about 2x gold up) or GLL (about −2x gold). It first checks trend using moving averages (50 vs 200 days, then 20 vs 50, then 5 vs 10). It then uses RSI—a 0–100 “heat” gauge of recent speed of gains—to fade extremes: very high → GLL; very low/short-term upticks → UGL. Always 100% in.
CheckmarkValue prop
Out-of-sample, a 100% gold-tilt strategy shows Sharpe ~3.0 vs SPY ~0.92, beta ~0.07, and Calmar ~10.9—delivering superior risk-adjusted returns with low S&P correlation and meaningful alpha, even with higher drawdowns.

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Invest in this strategy
OOS Start Date
Feb 12, 2025
Trading Setting
Daily
Type
Stocks
Category
Gold, commodity, tactical, trend + mean reversion, leveraged etfs, daily, long/short
Tickers in this symphonyThis symphony trades 2 assets in total
Ticker
Type
GLL
ProShares UltraShort Gold
Stocks
UGL
ProShares Ultra Gold
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.

"ugl ftlt" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"ugl ftlt" is currently allocated toUGL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "ugl ftlt" has returned 239.24%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "ugl ftlt" is 19.62%. 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 "ugl ftlt", 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.