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Symphonies
[5%] V.1.4|Dippy Qutie šŸ’|Garen,Pietros,EricS|06-01-2022
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A symphony is an automated trading strategy ā€” Learn more about symphonies here

About

Ruleā€‘based, riskā€‘on/riskā€‘off ETF strategy. It hedges crashes when fear spikes, goes defensive after sharp tech drops, and otherwise rides longā€‘term trends: 3x S&P when stocks and bonds are strong, or rotates to bonds/gold/dollar/commodities when they arenā€™t.
NutHow it works
Panic check: if the fear index (VIXM) is overheating (RSI = how ā€œhotā€ a move is; >68), flip to SPXU (āˆ’3x short S&P 500). Else if the Nasdaqā€‘100 (QQQ) fell >3% in 5 days, park in Treasuries (SCHO); only when the 10ā€“20 day slide is deep does it try a rebound in TQQQ (3x Nasdaq). It wonā€™t chase +5% daily spikes. Otherwise: if stocks (SPY) beat commodities (PDBC) over long windows and bonds are firm (BND > BIL), use UPRO (3x S&P); if bonds arenā€™t, pick the strongest of SHY/IEF/SPY/GLD/UUP. If commodities lead, hold PDBC.
CheckmarkValue prop
Out-of-sample edge: ~52.8% annualized return vs S&P ~19.2%, Sharpe ~1.07, Calmar ~1.33. Hedges crashes and follows trends with levered exposure for big upside; expect drawdowns ~39.6% vs ~18.8% for SPY.

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Invest in this strategy
OOS Start Date
Jul 27, 2024
Trading Setting
Threshold 5%
Type
Stocks
Category
Tactical asset allocation, trend following, risk-on/risk-off, volatility hedge, leveraged etfs, multi-asset rotation
Tickers in this symphonyThis symphony trades 14 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
BND
Vanguard Total Bond Market
Stocks
GLD
SPDR Gold Trust, SPDR Gold Shares
Stocks
IEF
iShares 7-10 Year Treasury Bond ETF
Stocks
PDBC
Invesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
SCHO
Schwab Short-Term U.S. Treasury ETF
Stocks
SHY
iShares 1-3 Year Treasury Bond ETF
Stocks
SPXU
ProShares UltraPro Short S&P 500
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 doesnā€™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 toGLDandPDBC. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 52.59%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 39.64%. 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.