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Symphonies
Adaptive Asset Allocation - SPY, TLT, UUP, GLD | GiantSteps
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Adaptive, trend‑following mix of two out of four: US stocks (SPY), long Treasuries (TLT), gold (GLD), and the US dollar (UUP). Chooses the recent winners and tilts toward the steadier one to reduce bumps.
NutHow it works
It constantly compares 6‑month performance of four funds—US stocks (SPY), long US Treasuries (TLT), gold (GLD), and the US dollar (UUP). It picks the two doing better and splits money between them, giving more to the one that’s been steadier over the last month. It shifts as leaders change.
CheckmarkValue prop
Out-of-sample edge: oos Sharpe ~1.78 vs SPY ~1.32; max drawdown ~7.3% vs ~18.8%; annualized return ~17.8% with Calmar ~2.43. Dynamic 2-asset trend-following mix reduces downside while preserving upside vs the S&P 500.

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Invest in this strategy
OOS Start Date
Nov 13, 2022
Trading Setting
Threshold 10%
Type
Stocks
Category
Adaptive asset allocation, trend following, multi-asset, momentum, risk-based weighting, etfs, macro
Tickers in this symphonyThis symphony trades 4 assets in total
Ticker
Type
GLD
SPDR Gold Trust, SPDR Gold Shares
Stocks
SPY
SPDR S&P 500 ETF Trust
Stocks
TLT
iShares 20+ Year Treasury Bond ETF
Stocks
UUP
Invesco DB US Dollar Index Bullish Fund
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 toGLDandSPY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 17.82%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 7.34%. 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, crypto, and options.