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Symphonies
* Daily: Risk On - TQQQ/Risk Off - Bonds (60d CR BND > BIL + SPY 20d DD < 180d DD) 10/4/2011
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily risk-on/risk-off switch. When bonds trend and stock losses look contained, hold TQQQ (3x Nasdaq). If stress rises, rotate to Treasuries (TMF/SHY) or T‑Bills (BIL). If tech looks overheated (high RSI), briefly hold UVXY (volatility).
NutHow it works
Daily checks: - If TQQQ (3x Nasdaq‑100) is very hot (RSI>79; RSI ≈ strength of recent gains), buy UVXY (volatility). - Else if SH (inverse S&P 500) is up >5% in 10d, hold SHY (1–3yr Treasuries). - Else if BND > GSY over 60d: if SPY’s 20d drawdown < 6‑mo drawdown, buy TQQQ; else buy TMF (3x long Treasuries). - Else hold BIL (T‑Bills).
CheckmarkValue prop
Out-of-sample: modest risk-adjusted return (Sharpe ~0.32) but much larger drawdowns (~53.8%) and lower annualized return (~4.4%) than SPY. Designed as crisis hedging/diversification via bonds and volatility, not a SPY replacement.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.61.130.180.43
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
669.43%15.2%-1.77%0.2%0.93
* Daily: Risk On - TQQQ/Risk Off - Bonds (60d CR BND > BIL + SPY 20d DD < 180d DD) 10/4/2011
1,769,584.64%97.08%1.64%6.08%1.75
Initial Investment
$10,000.00
Final Value
$176,968,464.17
Regulatory Fees
$400,840.63
Total Slippage
$2,868,499.72
Invest in this strategy
OOS Start Date
Oct 13, 2024
Trading Setting
Daily
Type
Stocks
Category
Risk-on/risk-off, momentum, drawdown filter, leveraged etfs, bonds, treasuries, volatility hedge, tactical asset allocation
Tickers in this symphonyThis symphony trades 9 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
BND
Vanguard Total Bond Market
Stocks
GSY
Invesco Ultra Short Duration ETF
Stocks
SH
ProShares Short S&P500
Stocks
SHY
iShares 1-3 Year Treasury Bond ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
TMF
Direxion Daily 20+ Year Treasury Bull 3X ETF
Stocks
TQQQ
ProShares UltraPro QQQ
Stocks
UVXY
ProShares Ultra 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.

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

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

Year-to-date, the symphony has returned 5.40%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 53.78%. 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, and options.