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Symphonies
beluga | Ether
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A barbell: 60% in turbo‑charged global stocks (with momentum tilts), 40% in diversifiers (managed futures/alternatives, anti‑beta, and gold) to cushion selloffs while keeping strong upside in bull markets.
NutHow it works
About 60% goes to fast‑moving stock funds (2x S&P 500, 2x Nasdaq‑100, and funds that lean into recent winners in the U.S., emerging markets, and developed countries). Within that 60%, steadier funds over the last month get more weight. The other ~40% is split among trend/alternative strategies, a fund that benefits when racier stocks lag, and gold. It all rebalances monthly.
CheckmarkValue prop
Out-of-sample, this barbell strategy shows superior risk-adjusted performance vs the S&P 500: Sharpe 1.58 vs 1.45, Calmar 2.38, drawdown 10.3% vs 13.7%, plus diversified hedges for steadier upside.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.060.680.740.86
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
99.05%22.41%2.46%6.63%1.42
beluga | Ether
96.13%21.88%0.87%3.6%1.73
Initial Investment
$10,000.00
Final Value
$19,612.69
Regulatory Fees
$1.57
Total Slippage
$6.40
Invest in this strategy
OOS Start Date
Mar 19, 2025
Trading Setting
Monthly
Type
Stocks
Category
Barbell, high beta equities, leveraged etfs, momentum, managed futures, anti-beta, gold hedge, global, monthly rebalance
Tickers in this symphonyThis symphony trades 12 assets in total
Ticker
Type
BTAL
AGF U.S. Market Neutral Anti-Beta Fund
Stocks
CAOS
Alpha Architect Tail Risk ETF
Stocks
CTA
Simplify Managed Futures Strategy ETF
Stocks
DBMF
iMGP DBi Managed Futures Strategy ETF
Stocks
EEMO
Invesco S&P Emerging Markets Momentum ETF
Stocks
FLSP
Franklin Systematic Style Premia ETF
Stocks
GLD
SPDR Gold Trust, SPDR Gold Shares
Stocks
IDMO
Invesco S&P International Developed Momentum ETF
Stocks
KMLM
KraneShares Mount Lucas Managed Futures Index Strategy ETF
Stocks
QLD
ProShares Ultra QQQ
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.

"beluga | Ether" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"beluga | Ether" is currently allocated toIDMO, FLSP, DBMF, CTA, SPMO, BTAL, EEMO, QLD, SSO, GLD, CAOSandKMLM. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "beluga | Ether" has returned 24.64%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "beluga | Ether" is 10.33%. 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 "beluga | Ether", 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.
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Securities products and brokerage services are offered by Composer Securities LLC, a broker-dealer registered with the SEC and member of FINRA / SIPC. Composer Securities LLC and Composer Technologies Inc. are separate but affiliated companies. Accounts are carried and securities execution, clearance and settlement services are provided by Alpaca Securities LLC, and Apex Clearing Corporation, SEC-registered broker-dealers and members of FINRA / SIPC. Alpaca Securities is a wholly-owned subsidiary of AlpacaDB, Inc. Apex Clearing Corporation, is a wholly-owned subsidiary of Apex Fintech Solutions Inc. Check the background of Composer Securities LLC, Alpaca Securities LLC, and Apex Clearing Corporation on FINRA BrokerCheck . This is not an offer, solicitation of an offer, or advice to buy or sell securities or open a brokerage account in any jurisdiction where Composer Securities is not registered. Securities products offered by Composer Securities are not FDIC insured

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Keep in mind, investing involves risk. Examples are for illustrative purposes and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security. Past performance is no guarantee of future results.

Online trading has inherent risk due to system response, execution price, speed, liquidity, market data and access times that may vary due to market conditions, system performance, market volatility, size and type of order and other factors. An investor should understand these and additional risks before trading.

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