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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

Switches between QQQ (big tech) and BIL (T‑bills). It first requires the S&P 500’s recent slump to be easing; then, only if bonds have beaten cash lately does it buy QQQ. Otherwise it stays in BIL. No leverage; simple risk-on/risk-off logic.
NutHow it works
Tickers: SPY=S&P 500 (US stocks), QQQ=Nasdaq‑100 (big tech), BND=US total bond market, BIL=1–3m T‑bills (cash‑like). Each day: If SPY’s worst drop over ~1 mo is smaller than over ~6–9 mo, then check bonds: If BND beat BIL over ~3 mo, buy QQQ; otherwise hold BIL. If the first test fails, hold BIL.
CheckmarkValue prop
An adaptive risk-on/risk-off strategy: switch to QQQ when market/bond signals favor growth; else stay in BIL cash. Out-of-sample: beta ~0.86; return 13.68% vs SPY 22.02%; Sharpe 0.84 vs 1.32. Diversified, disciplined tech exposure with clear rules.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.090.540.430.66
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
586.99%10.89%12.6%2.81%0.62
1x 21d v 180d DD SPY + BND/BIL 8/23/2007
1,393.35%15.6%-0.1%-0.46%0.98
Initial Investment
$10,000.00
Final Value
$149,335.31
Regulatory Fees
$376.39
Total Slippage
$2,566.28
Invest in this strategy
OOS Start Date
Dec 13, 2023
Trading Setting
Threshold 10%
Type
Stocks
Category
Tactical allocation, risk-on/risk-off, drawdown filter, momentum, tech tilt, bonds-as-signal, cash proxy
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 11.94%. 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.