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Symphonies
uvxy frontrunner experiment
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

UVXY momentum drives a one-time, equal-weight rotation into a prioritized ETF list; if UVXY is extreme, cash goes into the first qualifying ETF (or SPY as fallback) with no frequent rebalancing.
NutHow it works
If UVXY shows very strong short-term momentum (RSI > 79 on a 10-day lookback), the system tests a priority list of ETFs (QQQE, VTV, VOX, TECL, VOOG, VOOV, XLP, TQQQ, XLY, FAS, SPY). The first asset in the list that meets the rule gets allocated cash equally with any others that qualify. If none qualify, SPY is used. There is no automatic rebalancing; changes are infrequent and bounded by a small corridor width (0.1).
CheckmarkValue prop
Out-of-sample results show this strategy beating SPY on risk-adjusted return: Sharpe roughly 1.42 vs 1.05, annualized return ~70% vs ~18%, and Calmar about 2.96. Expect higher drawdowns (~24% vs ~19%), but with volatility-driven ETF rotation for diversification.

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Invest in this strategy
OOS Start Date
Jun 23, 2024
Trading Setting
Threshold 10%
Type
Stocks
Category
Volatility-driven rotation, momentum, etf rotation, uvxy front-runner, risk-aware allocation
Tickers in this symphonyThis symphony trades 12 assets in total
Ticker
Type
FAS
Direxion Daily Financial Bull 3x ETF
Stocks
QQQE
Direxion Shares ETF Trust Direxion NASDAQ-100 Equal Weighted Index ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
TECL
Direxion Daily Technology Bull 3x ETF
Stocks
TQQQ
ProShares UltraPro QQQ
Stocks
UVXY
ProShares Ultra VIX Short-Term Futures ETF
Stocks
VOOG
Vanguard S&P 500 Growth ETF
Stocks
VOOV
Vanguard S&P 500 Value ETF
Stocks
VOX
Vanguard Communication Services ETF
Stocks
VTV
Vanguard Value 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.

"uvxy frontrunner experiment" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"uvxy frontrunner experiment" is currently allocated toSPY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "uvxy frontrunner experiment" has returned 71.47%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "uvxy frontrunner experiment" is 23.69%. 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 "uvxy frontrunner experiment", 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.