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Symphonies
1NS15 Risk On or Risk Off Bitcoin | Garen | https://www.investorcollab.com
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily risk-on/off rule using BITO's 5/100-day moving-average cross to switch between a full BITO position (risk-on) and an equal-weighted mix of IEF, GLD, SLV, and TLT (risk-off).
NutHow it works
What it does in plain language: - It runs every day and looks at BITO's price trends. - It calculates two simple averages of BITO's price: a short-term 5-day average and a longer 100-day average. - If BITO's 5-day average is higher than its 100-day average, the system considers market mood to be upbeat and puts all money into BITO (risk-on). - If the 5-day average is not higher, the mood is considered cautious and the system spreads money equally across four safer assets: IEF, GLD, SLV, and TLT (risk-off). - The allocation is rebalanced daily to match the current rule. - BITO is a bitcoin futures ETF (not bitcoin spot). The other four are traditional assets: IEF (mid-term Treasuries), TLT (long-term Treasuries), GLD (gold), SLV (silver).
CheckmarkValue prop
Out-of-sample shows ~41% annualized gains, ~0.51 beta, and ~1.06 Sharpe vs SPY. A simple risk-on/off rule using BITO momentum switches to a diversified safe-basket in downturns, delivering strong risk-adjusted returns (Calmar ~1.45).
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.260.470.050.21
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
68.37%13.94%-2.02%-1.16%0.83
1NS15 Risk On or Risk Off Bitcoin | Garen | https://www.investorcollab.com
179.56%29.37%2.52%12.98%0.86
Initial Investment
$10,000.00
Final Value
$27,955.65
Regulatory Fees
$21.31
Total Slippage
$70.54
Invest in this strategy
OOS Start Date
May 21, 2022
Trading Setting
Daily
Type
Stocks
Category
Risk-on/off, moving-average crossover, bito etf, tactical allocation, daily rebalance, crypto exposure
Tickers in this symphonyThis symphony trades 5 assets in total
Ticker
Type
BITO
ProShares Bitcoin ETF
Stocks
GLD
SPDR Gold Trust, SPDR Gold Shares
Stocks
IEF
iShares 7-10 Year Treasury Bond ETF
Stocks
SLV
iShares Silver Trust
Stocks
TLT
iShares 20+ Year Treasury Bond 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 toGLD, IEF, SLVandTLT. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 36.77%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 28.23%. 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.