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Symphonies
Which Way Is Up? Trading 1.3
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A rules‑based, daily rotation using 2x/3x ETFs. It uses long‑term trend (200‑day), short‑term “heat” (RSI), and a fear gauge (VIX) to flip between growth (S&P/Nasdaq/semis), defensive sectors/treasuries, volatility, or inverse/dollar hedges.
NutHow it works
Daily, it reads a few gauges. 1) Bonds trend (BND vs 200‑day avg): if weak, hedge (short equity or strong USD) unless stocks are deeply oversold—then buy a rebound. 2) If bonds okay, check “fear” (VIXY RSI): if hot, own volatility (UVXY/VIXM). 3) Else, if S&P 500 is above its 200‑day: buy the least‑hot of SPXL/TQQQ/SOXL. If below: rotate into sectors/treasuries above trend; else default to S&P. RSI = 14‑day “heat” (>70 hot, <30 cold).
CheckmarkValue prop
Out-of-sample, this strategy beats the S&P on risk-adjusted returns: Sharpe ~1.34 vs ~1.12, Calmar ~1.63, with upside from dynamic trend/volatility signals and leveraged ETFs. Drawdowns can be large in stressed markets.

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Invest in this strategy
OOS Start Date
Mar 13, 2024
Trading Setting
Daily
Type
Stocks
Category
Leveraged etfs, trend following, momentum (rsi), volatility hedge, tactical allocation, daily rebalance, long/short etfs
Tickers in this symphonyThis symphony trades 21 assets in total
Ticker
Type
BND
Vanguard Total Bond Market
Stocks
DRN
Direxion Daily Real Estate Bull 3X Shares
Stocks
DWSH
AdvisorShares Dorsey Wright Short ETF
Stocks
PSR
Invesco Active U.S. Real Estate Fund
Stocks
SOXL
Direxion Daily Semiconductor Bull 3X Shares
Stocks
SPXL
Direxion Daily S&P 500 Bull 3x Shares
Stocks
SPXS
Direxion Daily S&P 500 Bear 3x Shares
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
SQQQ
ProShares UltraPro Short QQQ
Stocks
SSO
ProShares Ultra S&P500
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.

"Which Way Is Up? Trading 1.3" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Which Way Is Up? Trading 1.3" is currently allocated toSOXL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Which Way Is Up? Trading 1.3" has returned 97.45%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Which Way Is Up? Trading 1.3" is 69.27%. 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 1.3", 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.