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Symphonies
Volatility Short-Term (SPY RSI + Vixation Strategies) (SVIX VXX BIL)
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily, short‑term volatility strategy that switches among SVIX (vol down), VXX (vol up), and BIL (cash). It uses SPY’s RSI extremes and “overheated market” checks (TQQQ, SPY, FAS, XLP, XLY), and scales exposure down when VIX is very calm.
NutHow it works
Each day the strategy picks one of three: bet on volatility falling (SVIX), bet on volatility rising (VXX), or sit in T‑bills (BIL). It reads SPY’s “speedometer” (RSI) over 2–10 days: very low → SVIX; very high → VXX; otherwise BIL. A second check watches overheated areas (TQQQ, SPY, FAS, XLP, XLY). If overheated → VXX. If tech just fell hard and the spike is fading → SVIX; if the spike is still on or after a sharp rebound → BIL. When VIX is unusually calm, it shrinks exposure a lot.
CheckmarkValue prop
Out-of-sample annualized return 74.3% vs S&P 43.1%, Calmar 11.44 and Sharpe ~2.97. A volatility-switching strategy that captures upside while preserving risk control, delivering stronger, regime-aware performance than the S&P 500.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.50.830.330.57
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
58.91%13.02%2.19%5.01%0.78
Volatility Short-Term (SPY RSI + Vixation Strategies) (SVIX VXX BIL)
800.63%78.71%4.01%15.29%2.41
Initial Investment
$10,000.00
Final Value
$90,062.60
Regulatory Fees
$184.11
Total Slippage
$1,084.69
Invest in this strategy
OOS Start Date
Apr 23, 2025
Trading Setting
Daily
Type
Stocks
Category
Volatility, vix etps, short-term trading, mean reversion, tactical allocation, daily rebalance, risk management
Tickers in this symphonyThis symphony trades 12 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
FAS
Direxion Daily Financial Bull 3x Shares
Stocks
SPY
SPDR S&P 500 ETF Trust
Stocks
SPY
SPDR S&P 500 ETF Trust
Stocks
SVIX
-1x Short VIX Futures ETF
Stocks
SVXY
ProShares Short VIX Short-Term Futures ETF
Stocks
TQQQ
ProShares UltraPro QQQ
Stocks
VIXY
ProShares VIX Short-Term Futures 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.

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

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

Year-to-date, the symphony has returned 74.33%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 6.50%. 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.