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Symphonies
Which Way Is Up? Trading 1.2
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily, tactical “risk‑on/risk‑off” switch. Uses long‑term trends and RSI (how hot/cold recent moves are) to rotate among leveraged equity, volatility, defensive sectors with Treasuries, or inverse/USD plays. High risk; frequent rebalancing.
NutHow it works
Daily, it asks: are bonds (BND) above their 200‑day average (a long‑term trend line)? If yes, it’s risk‑on; if no, risk‑off. RSI (0–100; high=“hot”) flags when fear (VIXY) or stocks are overheated. Risk‑on: if fear is hot, buy a volatility ETF; else if the S&P 500 is trending up, buy the less‑hot of SPXL (S&P 3x) or TQQQ (Nasdaq 3x). If stocks are trending down, mix Treasuries (TLT) with sector bulls (utilities/real estate/consumer) that are in uptrends, or fall back to SSO (2x S&P). Risk‑off: choose the least‑hot of bearish stock ETFs or the US dollar (SQQQ, SPXS, DWSH, UUP). Keeps a small cash buffer and rebalances daily.
CheckmarkValue prop
Out-of-sample: ~58% annualized return vs SPY ~19%, Calmar ~1.07, Sharpe ~1.06. Dynamic risk-on/off rotations across stocks, vol, Treasuries and defensives offer higher upside with solid risk-adjusted results; note higher drawdown (~54%).

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Invest in this strategy
OOS Start Date
Mar 3, 2024
Trading Setting
Daily
Type
Stocks
Category
Tactical allocation, trend-following, rsi filter, leveraged & inverse etfs, volatility, sector rotation, risk-on/risk-off
Tickers in this symphonyThis symphony trades 0 assets in total
Ticker
Type

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.

"Which Way Is Up? Trading 1.2" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Which Way Is Up? Trading 1.2" is currently allocated toTQQQ. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Which Way Is Up? Trading 1.2" has returned 57.76%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Which Way Is Up? Trading 1.2" is 53.76%. 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 "Which Way Is Up? Trading 1.2", 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.