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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

Weekly S&P 500 timing using a volatility gauge (VXX) and a 0–100 momentum meter (RSI). Rotates into 3x bull (SPXL), 3x bear (SPXS), or Treasuries (TLT). Buys only very oversold dips, otherwise fades spikes. Leveraged ETFs: high risk.
NutHow it works
Weekly it holds one of: SPXL (3x up S&P 500), SPXS (3x down S&P 500), or TLT (long‑term US Treasuries). First it checks VXX, a volatility “fear” gauge. If its short‑term RSI—a 0–100 heat meter—is hot (≥65), use SPXS; if very cool (≤31), use SPXL. Else it checks SPY: after a 5‑day drop >3%, usually short rebounds (SPXS) unless deeply oversold (then SPXL). If no drop: overbought → SPXS; high chop → TLT; else → SPXL.
CheckmarkValue prop
Out-of-sample edge: ~36.58% annualized return vs SPY ~22.33%, positive alpha, Calmar ~0.80 and Sharpe ~0.92. Leverages volatility timing to chase higher upside; but max drawdown can reach ~45.71% vs SPY ~18.76%.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.410.1600.06
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
209.03%14.18%2.3%5%0.79
VIX up, SPY Down, Educational Content
1,030.1%32.98%5.58%26.04%0.79
Initial Investment
$10,000.00
Final Value
$113,009.79
Regulatory Fees
$159.16
Total Slippage
$1,382.14
Invest in this strategy
OOS Start Date
Oct 23, 2022
Trading Setting
Weekly
Type
Stocks
Category
Tactical allocation, volatility, momentum, mean-reversion, leveraged etfs, s&p 500, treasuries
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 toSPXL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "VIX up, SPY Down, Educational Content" has returned 36.58%. 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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Securities products and brokerage services are offered by Composer Securities LLC, a broker-dealer registered with the SEC and member of FINRA / SIPC. Composer Securities LLC and Composer Technologies Inc. are separate but affiliated companies. Accounts are carried and securities execution, clearance and settlement services are provided by Alpaca Securities LLC, and Apex Clearing Corporation, SEC-registered broker-dealers and members of FINRA / SIPC. Alpaca Securities is a wholly-owned subsidiary of AlpacaDB, Inc. Apex Clearing Corporation, is a wholly-owned subsidiary of Apex Fintech Solutions Inc. Check the background of Composer Securities LLC, Alpaca Securities LLC, and Apex Clearing Corporation on FINRA BrokerCheck . This is not an offer, solicitation of an offer, or advice to buy or sell securities or open a brokerage account in any jurisdiction where Composer Securities is not registered. Securities products offered by Composer Securities are not FDIC insured

With any investment, your capital is at risk. The value of your portfolio with Composer can go down as well as up. Past performance is no guarantee of future results. By using this website, you accept our Terms of Service, Privacy Policy, and Payment Agreement.

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Keep in mind, investing involves risk. Examples are for illustrative purposes and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security. Past performance is no guarantee of future results.

Online trading has inherent risk due to system response, execution price, speed, liquidity, market data and access times that may vary due to market conditions, system performance, market volatility, size and type of order and other factors. An investor should understand these and additional risks before trading.

Options trading involves significant risk and is not appropriate for all investors. Prior to buying or selling an option with Composer Securities LLC, please read the "Characteristics and Risks of Standardized Options," also known as the Options Disclosure Document (ODD). You can access the ODD by clicking here. Options transactions are often complex and can expose investors to potentially rapid and substantial losses. In some cases, you may lose your entire investment in a relatively short period. Furthermore, certain complex options strategies carry additional risk, including the potential for losses that may exceed your original investment amount.

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Securities products are: Not FDIC insured · Not bank guaranteed · May lose value

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