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Symphonies
v20231123 UPRO 60d BND, 2d BND, 15d drawdown, 5d Vix + Volatility checks
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Aggressive, tactical plan: normally 3x S&P 500 (UPRO). If markets look overheated, it pivots to UVXY. Uses bonds vs T‑bills to judge rates; in drawdowns/volatility may switch to long Treasuries. In rising‑rate regimes, mixes UPRO with gold/treasuries/US dollar.
NutHow it works
Usually holds UPRO (3x S&P 500). If the market looks overheated, it switches to UVXY (a volatility spike fund) briefly. Otherwise it infers the rate trend by comparing bonds vs T‑bills. If rates steady/falling: stay in UPRO, unless a fresh 15‑day >5% drop with high vol, then use TMF (3x long Treasuries). If rates rising: hold 33% UPRO + 67% of the best two among GLD (gold), IEF (7–10y Treasuries), UUP (US dollar) on a bond bounce; otherwise just those hedges.
CheckmarkValue prop
Out-of-sample Sharpe ~1.11 vs SPY ~0.98; annualized return ~58% vs ~17%; beta ~0.69; Calmar ~1.12—delivers stronger risk-adjusted upside and hedging in volatility. Note max drawdowns can be large (~52%).
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.840.580.040.2
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
549.06%14.29%6.16%5.09%0.88
v20231123 UPRO 60d BND, 2d BND, 15d drawdown, 5d Vix + Volatility checks
8,677,799.74%125.24%1.79%-15.08%1.89
Initial Investment
$10,000.00
Final Value
$867,789,973.69
Regulatory Fees
$2,896,790.04
Total Slippage
$20,807,352.07
Invest in this strategy
OOS Start Date
Jul 8, 2024
Trading Setting
Threshold 10%
Type
Stocks
Category
Tactical allocation, leveraged etfs, volatility hedge, rates regime, momentum filter
Tickers in this symphonyThis symphony trades 20 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
BND
Vanguard Total Bond Market
Stocks
FAS
Direxion Daily Financial Bull 3x ETF
Stocks
GLD
SPDR Gold Trust, SPDR Gold Shares
Stocks
IEF
iShares 7-10 Year Treasury Bond 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
TMF
Direxion Daily 20+ Year Treasury Bull 3X ETF
Stocks
TQQQ
ProShares UltraPro QQQ
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 toUVXY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 49.22%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 51.79%. 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.