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Symphonies
Believe in Big Tech v2
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Owns recent winners among the biggest U.S. tech stocks. Monthly: buys the top three by last-month performance and overweights the best one (about 60% in #1, 20% in #2 and #3).
NutHow it works
Each month it looks at eight big U.S. tech names: Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), Alphabet/Google (GOOG), Meta/Facebook (META), Nvidia (NVDA), Adobe (ADBE), PayPal (PYPL). It ranks last month’s price gains, buys the top 3 (20% each), then adds 40% more to the single best. Net: ~60% in #1, ~20% in #2 and #3. It re-picks monthly, so holdings can change and be concentrated.
CheckmarkValue prop
Out-of-sample edge: 33.7% annualized vs 18.6% SPY; higher risk-adjusted metrics (Sharpe 1.17; Calmar 1.26) from a mega-cap tech momentum tilt. Strong tech-led upside with higher but manageable drawdowns.

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Invest in this strategy
OOS Start Date
Jun 14, 2024
Trading Setting
Monthly
Type
Stocks
Category
Us large-cap tech, momentum, monthly rotation, concentrated, equities
Tickers in this symphonyThis symphony trades 0 assets in total
Ticker
Type

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.

"Believe in Big Tech v2" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Believe in Big Tech v2" is currently allocated toMETA, GOOGandAAPL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Believe in Big Tech v2" has returned 33.74%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Believe in Big Tech v2" is 26.86%. 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 "Believe in Big Tech v2", 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.