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Symphonies
Which way is up? Use VIXY for SPXL
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Daily toggle: buy SPXL (3x S&P 500) when fear is cooling (VIXY below its 9-day average) or when the market is very oversold (SPY 10-day RSI < 30); otherwise sit in BIL (short-term T-Bills).
NutHow it works
Each day it picks between a risky stock bet and a safe, cash-like fund. If VIXY (a fear/volatility fund) is below its 9-day average, fear is cooling, so it buys SPXL (a 3x S&P 500 fund). Otherwise, if SPY’s 10-day RSI (a “how stretched” gauge; <30 = very oversold) is under 30, it still buys SPXL. If neither, it holds BIL (short-term T‑Bills). Rebalanced daily.
CheckmarkValue prop
Out-of-sample, this strategy targets ~38% annualized return vs ~17% for the S&P 500, with solid risk-adjusted metrics (Sharpe ~0.96, Calmar ~1.25). It seeks big upside in rallies and safety in drawdowns.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.171.730.580.76
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
588.82%13.63%0.54%-0.34%0.83
Which way is up? Use VIXY for SPXL
17,383%40.76%-8.33%-10.13%1.07
Initial Investment
$10,000.00
Final Value
$1,748,299.87
Regulatory Fees
$7,479.80
Total Slippage
$50,441.61
Invest in this strategy
OOS Start Date
Oct 15, 2024
Trading Setting
Daily
Type
Stocks
Category
Volatility regime filter, trend-following, rsi oversold, leveraged s&p 500, tactical allocation, risk-on/risk-off, daily rebalance
Tickers in this symphonyThis symphony trades 4 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
SPXL
Direxion Daily S&P 500 Bull 3x Shares
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
VIXY
ProShares VIX Short-Term Futures ETF
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? Use VIXY for SPXL" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Which way is up? Use VIXY for SPXL" is currently allocated toBIL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Which way is up? Use VIXY for SPXL" has returned 24.10%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Which way is up? Use VIXY for SPXL" is 30.26%. 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? Use VIXY for SPXL", 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.