Skip to Content
Symphonies
UVXY signals of the 2024-08-05 event
Today’s Change
—

A symphony is an automated trading strategy — Learn more about symphonies here

About

A two-sleeve, daily, risk-on/risk-off strategy that uses UVXY’s “heat score” and S&P 500 stress to flip between cash (BIL), UVXY (volatility), or 3x bull ETFs (SOXL/TECL/UPRO) and TMF. It aims to catch panic spikes and then step back to safety.
NutHow it works
Daily, it splits money 50/50 into two sleeves. • Sleeve 1: If the S&P 500 is very “washed out,” buy the most beaten‑down of SOXL/TECL/UPRO (3x bull semis/tech/S&P) or TMF (3x long Treasuries). Otherwise, use UVXY (a volatility ETF that jumps when stocks plunge) when its 0–100 “heat score” (RSI) is high, but switch to SOXL if it’s extreme; else hold BIL (T‑bills). • Sleeve 2: Only buys UVXY when that heat score is high but not extreme; otherwise holds BIL.
CheckmarkValue prop
Out-of-sample performance beats the S&P 500: ~40% annualized return vs ~24%; Sharpe ~2.19 vs ~1.27; max drawdown ~2.5% vs ~18.8%. A volatility-driven, tactical approach delivers higher risk-adjusted upside with far smaller declines.

Loading backtest data...

Invest in this strategy
OOS Start Date
Aug 6, 2024
Trading Setting
Daily
Type
Stocks
Category
Volatility timing, rsi-based, leveraged etfs, tactical allocation, risk-on/risk-off, uvxy, momentum/mean reversion
Tickers in this symphonyThis symphony trades 0 assets in total
Ticker
Type

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 40.04%. 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 2.50%. 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, crypto, and options.