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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 switch between 3x S&P 500 (SPXL) and T‑bills (BIL). Stay in SPXL when market fear (VIXY) is easing; if fear is high, only buy SPXL when the S&P 500 looks very oversold; otherwise sit in BIL. High risk during SPXL periods.
NutHow it works
Every day, it checks the market’s “fear gauge” (VIXY). If VIXY is below its 9‑day average (fear easing), go 100% into SPXL (a fund that magnifies S&P 500 moves). If fear isn’t easing, it checks if the S&P 500 is very sold off (RSI(10) < 30). If yes, go 100% SPXL; otherwise hold BIL (T‑bills).
CheckmarkValue prop
Out-of-sample Sharpe ≈ 1.01 vs SPY ≈ 0.93; oos annualized return ≈ 42% vs ≈ 17% for the S&P; Calmar ≈ 1.40; alpha ≈ +0.11%. Tactical SPXL/BIL shifts seek higher upside with higher drawdowns.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.181.730.580.76
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
589.91%13.88%1.36%5.73%0.84
Which way is up? Use VIXY for SPXL
19,267.84%42.53%1.96%0.68%1.1
Initial Investment
$10,000.00
Final Value
$1,936,784.27
Regulatory Fees
$6,871.94
Total Slippage
$46,272.61
Invest in this strategy
OOS Start Date
Oct 15, 2024
Trading Setting
Daily
Type
Stocks
Category
Tactical allocation, volatility filter, leveraged equity, market timing, trend + mean reversion
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? 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 toSPXL. 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 42.22%. 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, crypto, and options.