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Symphonies
10D RSI KMLM < 70; 10D RSI SMH > 10D RSI KMLM
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Goes 100% into a 3× tech fund only when semiconductors show stronger short‑term momentum than a defensive managed‑futures fund and that fund isn’t overheated; otherwise, it parks in T‑Bills.
NutHow it works
It watches a short-term “heat meter” (RSI, 0–100) on two funds: KMLM (a managed‑futures diversifier) and SMH (semiconductor stocks). If KMLM’s RSI is below 70 (not overheated) AND SMH’s RSI is higher than KMLM’s (stocks leading), it buys TECL (a 3× tech fund). Otherwise it holds BIL (T‑Bills).
CheckmarkValue prop
Out-of-sample: ~26.7% annualized return vs 18.5% for S&P. Levered tech exposure seeks bigger upside when momentum leads, but comes with larger drawdowns (~46% vs ~19%) and lower risk-adjusted Sharpe—suitable for higher risk tolerance.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.591.590.310.56
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
99.13%14.19%-0.15%0.4%0.87
10D RSI KMLM < 70; 10D RSI SMH > 10D RSI KMLM
3,747.12%102.02%-4.93%-12.52%1.7
Initial Investment
$10,000.00
Final Value
$384,711.75
Regulatory Fees
$878.32
Total Slippage
$5,893.18
Invest in this strategy
OOS Start Date
Aug 23, 2024
Trading Setting
Threshold 10%
Type
Stocks
Category
Tactical asset allocation, momentum/relative strength, risk-on/risk-off, rsi-based timing, leveraged tech, cash/t-bills
Tickers in this symphonyThis symphony trades 4 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
KMLM
KraneShares Mount Lucas Managed Futures Index Strategy ETF
Stocks
SMH
VanEck Semiconductor ETF
Stocks
TECL
Direxion Daily Technology Bull 3x Shares
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 10.90%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 45.74%. 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.