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Symphonies
UVXY signals of the 2024-08-05 event
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily, event-driven system that treats UVXY as a fear thermometer: buy UVXY as fear builds, flip to semiconductors at peak panic, hide in T‑Bills when calm, and buy the most beaten‑down 3x fund when the S&P 500 is very oversold.
NutHow it works
Daily it reads two gauges: RSI (a 0–100 “hot/cold” speedometer of recent price moves) and UVXY (a fund that jumps when market fear spikes). If SPY’s RSI <30, it buys the most beaten‑down of SOXL (3x semis), TECL (3x tech), UPRO (3x S&P 500) or TMF (3x long Treasuries). Otherwise it uses UVXY’s RSI: 74–84 → buy UVXY; >84 → pivot to SOXL; <74 → hold BIL (T‑Bills). Two versions of these rules run and are averaged 50/50.
CheckmarkValue prop
Out-of-sample: 36.1% annualized return vs SPY 23.1%; Sharpe 2.10 vs 1.27; drawdown 2.5% vs 18.8%. Lower beta (~0.30) and Calmar ~14—higher risk-adjusted growth with far less downside than the S&P 500.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.37-0.330.03-0.17
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
640.04%14.89%6.16%5.09%0.91
UVXY signals of the 2024-08-05 event
5,203.2%31.7%5.72%-8.32%0.97
Initial Investment
$10,000.00
Final Value
$530,319.52
Regulatory Fees
$429.37
Total Slippage
$2,689.89
Invest in this strategy
OOS Start Date
Aug 6, 2024
Trading Setting
Daily
Type
Stocks
Category
Event-driven, volatility momentum, leveraged etfs, tactical rotation, mean reversion, risk-on/risk-off
Tickers in this symphonyThis symphony trades 7 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
SOXL
Direxion Daily Semiconductor Bull 3X ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
TECL
Direxion Daily Technology Bull 3x ETF
Stocks
TMF
Direxion Daily 20+ Year Treasury Bull 3X ETF
Stocks
UPRO
ProShares UltraPro S&P 500
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.

"UVXY signals of the 2024-08-05 event" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"UVXY signals of the 2024-08-05 event" is currently allocated toBIL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "UVXY signals of the 2024-08-05 event" has returned 24.12%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "UVXY signals of the 2024-08-05 event" is 14.98%. 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 signals of the 2024-08-05 event", 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.