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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

All‑or‑nothing, contrarian switch: when parts of the market look overheated on a short‑term meter, it buys UVXY to bet on a volatility pop; otherwise it stays in SPY. Very high risk because UVXY is extremely volatile and tends to decay over time.
NutHow it works
It watches a 10‑day “heat” score (RSI, 0–100) on several market funds: tech, value/growth, communications, staples, discretionary, financials, Nasdaq, and SPY. If any score is extremely high (about 80+; 75 for staples), it flips 100% into UVXY—a fund that jumps when fear/volatility spikes but usually bleeds in calm times. If none are hot, it holds 100% SPY. Trades only when readings cross those lines.
CheckmarkValue prop
Out-of-sample edge: ~70% annualized return vs SPY’s ~18%, Sharpe ~1.42 vs 1.05, Calmar ~2.96, beta ~0.44. Drawdowns are larger (~24% vs ~19%), but risk-adjusted upside far surpasses the S&P, offering solid diversification.

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Invest in this strategy
OOS Start Date
Jun 23, 2024
Trading Setting
Threshold 10%
Type
Stocks
Category
Volatility timing, contrarian, rsi-based, uvxy, spy, sector signals, all-or-nothing, high risk
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 toUVXY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "uvxy frontrunner experiment" has returned 69.84%. 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.