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V1b A Better "Buy the Dips Nasdaq" by Garen Phillips w/ Dividends
Today’s Change

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

About

A daily, 100% cash-equal, Nasdaq-focused strategy that selects a single asset from levered Nasdaq plays, inverse hedges, or a dividend-income small pool, based on short-term momentum and RSI signals to “buy the dips” with leverage or switch to income complements.
NutHow it works
Layman version: 1) Every trading day the system picks one asset to own with 100% of your cash. It looks at Nasdaq-related investments first. 2) It uses two simple ideas: (a) recent price momentum (has the price been rising or falling over short windows) and (b) RSI, a number that shows if prices have been rising too fast or too slow. 3) If Nasdaq has recently dipped, the system tends to favor hedges that go up when Nasdaq falls (like SQQQ) or other protective moves. If Nasdaq looks strong, it may favor a bullish Nasdaq bet (like TQQQ). 4) There is a separate path that, when conditions favor income, selects a single Dividend-income ETF from a small group (APLY, MSFO, NVDY, TSLY, XOMO) based on RSI ranking over a longer window. 5) The choice between these options is driven by the rules shown (short-term returns, RSI thresholds, and a top-ranking dividend ETF). 6) The whole system rebalances daily and uses only one asset at a time (100% allocation). What RSI is (in simple terms): RSI is a number from 0 to 100 that tells you whether prices have moved up or down quickly lately. Higher values suggest prices have risen fast and may pause or pull back; low values suggest a recent fall and possible bounce. Important note: levered and inverse ETFs can magnify gains and losses, so the approach can be volatile and is not suitable for all investors.
CheckmarkValue prop
Nasdaq-focused, daily 100% single-asset strategy using momentum and RSI, with hedges and dividend-income picks. Out-of-sample: 34.3% annual return vs 23.4% for the S&P—higher upside, but larger drawdowns in downturns.
1M
3M
6M
YTD
1Y
3Y
Max
Performance
Compared to selected benchmarks
AlphaBetaR2R
0.081.640.390.63
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
68.05%24.5%-1.77%0.2%1.48
144.03%45.73%6.6%20.24%1.11
Initial Investment
$10,000.00
Final Value
$24,403.18
Regulatory Fees
$64.80
Total Slippage
$328.65
Invest in this strategy
OOS Start Date
Nov 29, 2023
Trading Setting
Daily
Type
Stocks
Category
Momentum-based, leveraged etfs, nasdaq-focused, tactical asset allocation, dividend-income
Tickers in this symphonyThis symphony trades 10 assets in total
Ticker
Type
APLY
YieldMax AAPL Option Income Strategy ETF
Stocks
MSFO
YieldMax MSFT Option Income Strategy ETF
Stocks
NVDY
YieldMax NVDA Option Income Strategy ETF
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
SPXU
ProShares UltraPro Short S&P 500
Stocks
SQQQ
ProShares UltraPro Short QQQ
Stocks
TQQQ
ProShares UltraPro QQQ
Stocks
TSLY
YieldMax TSLA Option Income Strategy ETF
Stocks
VIXM
ProShares VIX Mid-Term Futures ETF
Stocks
XOMO
YieldMax XOM Option Income Strategy 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.

The symphony is currently performing the same as yesterday today. Performance updates in real time during market hours.

The symphony is currently allocated toXOMO. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 40.71%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 47.10%. 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 the symphony, 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.