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Symphonies
[$230724] SPY / QQQ (Benchmarking)
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A simple 50/50 mix of SPY (S&P 500) and QQQ (Nasdaq‑100). Keeps weights near equal with a tight 1% drift band. Broad U.S. exposure with a growth/tech tilt—likely more volatile than SPY alone, less than QQQ alone.
NutHow it works
Hold two funds at about 50/50: SPY (tracks the S&P 500—500 large U.S. companies across many sectors) and QQQ (tracks the Nasdaq‑100—a tech‑heavy group of 100 large non‑financial companies). No set rebalance dates; if the mix drifts ~1% from 50/50, it trims the winner and buys the laggard.
CheckmarkValue prop
Growth tilt with an out-of-sample edge: about 21.9% annualized return vs SPY’s 20.1%, plus solid risk-adjusted metrics (Calmar ~1.05, Sharpe ~1.22). A simple 50/50 SPY/QQQ blend offers tech leadership with broad exposure; drawdowns may be larger.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.011.090.90.95
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
750.99%8.27%-0.15%0.4%0.51
[$230724] SPY / QQQ (Benchmarking)
1,066.46%9.55%0.33%-0.73%0.52
Initial Investment
$10,000.00
Final Value
$116,645.63
Regulatory Fees
$5.06
Total Slippage
$12.31
Invest in this strategy
OOS Start Date
Jul 24, 2023
Trading Setting
Threshold 1%
Type
Stocks
Category
Us equities, spy/qqq 50/50, benchmark, large-cap growth tilt, tech-tilted, passive, band rebalancing
Tickers in this symphonyThis symphony trades 2 assets in total
Ticker
Type
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.

"[$230724] SPY / QQQ (Benchmarking)" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"[$230724] SPY / QQQ (Benchmarking)" is currently allocated toQQQandSPY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "[$230724] SPY / QQQ (Benchmarking)" has returned 19.88%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "[$230724] SPY / QQQ (Benchmarking)" is 20.78%. 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 "[$230724] SPY / QQQ (Benchmarking)", 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.