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Symphonies
VIX up, SPY Down, Educational Content
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A weekly market-timing strategy that switches between a 3x bullish S&P 500 fund, a 3x bearish S&P 500 fund, and long Treasury bonds based on market fear, recent drops, and short-term volatility.
NutHow it works
Each week, the strategy checks whether market fear is rising or falling using VXX, a volatility product tied to investor anxiety. If fear is high, it bets against the S&P 500 with SPXS. If fear is very low, it bets on the S&P 500 with SPXL. If fear is in the middle, it looks at whether the market recently fell hard, looks overheated, or has become too jumpy. In rough conditions it may short stocks or hide in long-term Treasury bonds (TLT).
CheckmarkValue prop
Out-of-sample annualized return ~30.6% vs SPY ~20.3%, with lower beta (~0.79) and a disciplined, volatility-driven rotation among SPXL, SPXS and TLT. Higher upside in uptrends and hedged risk signals, though drawdowns can be larger.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.380.1800.06
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
209.09%13.75%-1.04%-0.34%0.77
VIX up, SPY Down, Educational Content
875.49%29.7%-14.75%-14.66%0.75
Initial Investment
$10,000.00
Final Value
$97,549.18
Regulatory Fees
$163.92
Total Slippage
$1,402.78
Invest in this strategy
OOS Start Date
Oct 23, 2022
Trading Setting
Weekly
Type
Stocks
Category
Tactical asset allocation, leveraged etfs, volatility-based, s&p 500 long/short, risk-off bonds
Tickers in this symphonyThis symphony trades 5 assets in total
Ticker
Type
SPXL
Direxion Daily S&P 500 Bull 3x ETF
Stocks
SPXS
Direxion Daily S&P 500 Bear 3x ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
TLT
iShares 20+ Year Treasury Bond ETF
Stocks
VXX
iPath Series B S&P 500 VIX Short-Term Futures ETN
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.

"VIX up, SPY Down, Educational Content" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"VIX up, SPY Down, Educational Content" is currently allocated toSPXS. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "VIX up, SPY Down, Educational Content" has returned 28.91%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "VIX up, SPY Down, Educational Content" is 45.71%. 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 "VIX up, SPY Down, Educational Content", 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.
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