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Symphonies
1x 21d v 180d DD SPY + BND/BIL 8/23/2007
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Buys QQQ only when market damage is easing and bonds beat cash; otherwise parks in T‑Bills (BIL). Uses SPY drawdowns for risk regime and BND vs BIL 60‑day returns as a macro filter. All‑in on QQQ or BIL; no leverage.
NutHow it works
It’s an on/off switch between QQQ or BIL. 1) Check the S&P 500 (SPY) damage: is the worst drop over ~1 month smaller than the worst over ~9 months? If yes, proceed. If not, hold BIL (T‑Bills). 2) If US bonds (BND) beat T‑Bills (BIL) over 60 days, buy QQQ (Nasdaq‑100). Otherwise hold BIL. All-in on the chosen ETF. SPY= S&P 500; QQQ= Nasdaq‑100; BND= US bonds; BIL= T‑Bills.
CheckmarkValue prop
Regime-driven, all-in on QQQ or cash. Buy when market damage eases and bonds beat cash. OOS: Calmar 0.69, Sharpe 0.84, 13.68% annualized return, beta 0.86 vs SPY—less market sensitivity with disciplined risk controls.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.090.540.440.66
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
537.68%10.52%-2.85%-2.42%0.6
1x 21d v 180d DD SPY + BND/BIL 8/23/2007
1,392.69%15.71%0.99%-0.81%0.98
Initial Investment
$10,000.00
Final Value
$149,269.11
Regulatory Fees
$367.73
Total Slippage
$2,506.48
Invest in this strategy
OOS Start Date
Dec 13, 2023
Trading Setting
Threshold 10%
Type
Stocks
Category
Tactical asset allocation, risk-on/risk-off, momentum, drawdown filter, us equities, nasdaq-100, treasuries/cash
Tickers in this symphonyThis symphony trades 4 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
BND
Vanguard Total Bond Market
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
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 12.62%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 19.79%. 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.