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Symphonies
V1b A Better "Buy the Dips Nasdaq" by Garen Phillips w/ Dividends
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily “buy dips, fade rips” Nasdaq plan using 3x ETFs (TQQQ/SQQQ). If fear rises it shorts the S&P 500 (SPXU). In calm markets it rotates into the strongest YieldMax income ETF (APLY/MSFO/NVDY/TSLY/XOMO). Signals: % drops, RSI heat, volatility.
NutHow it works
Daily it checks the Nasdaq‑100 (QQQ). If it fell >6% in 5 days, it usually shorts QQQ (SQQQ), unless it’s still very oversold (RSI≤31), then it buys 3x long QQQ (TQQQ). Otherwise: if QQQ is very hot (RSI>80) it shorts; if cold (RSI<31) it buys TQQQ; if volatility (VIXM) is surging (RSI>69) it shorts the S&P 500 (SPXU); else it holds the strongest YieldMax income ETF tied to AAPL/MSFT/NVDA/TSLA/XOM (APLY/MSFO/NVDY/TSLY/XOMO). RSI=0–100 heat gauge; return=recent % change.
CheckmarkValue prop
Out-of-sample: ~32.4% annualized return vs SPY ~23.4%, Calmar ~0.69, drawdowns higher (47% vs 18.8%). Nasdaq-tilted strategy offers higher growth with volatility hedges and income rotation for diversification and upside.

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Invest in this strategy
OOS Start Date
Nov 29, 2023
Trading Setting
Daily
Type
Stocks
Category
Nasdaq-100, leveraged etfs, momentum/mean-reversion, volatility filter, option-income rotation, daily rebalance
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 32.39%. 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, crypto, and options.