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Symphonies
Better BIL
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Mostly sits in T‑bills (BIL). When junk bonds (JNK) are trending but not overheated—or extremely washed out—it shifts to a 1/3 JNK, 1/3 TIP, 1/3 BIL mix to add some return without taking big risks.
NutHow it works
Daily, it uses JNK (a junk‑bond fund) as a risk gauge. If JNK is above its 20‑day average (uptrend) and not too “hot,” it holds an equal mix of JNK, TIP (inflation‑linked Treasurys), and BIL (T‑bills). If JNK is “very hot” (RSI>80) or in a downtrend, it stays in BIL—except if it’s “very cold” (RSI<15), when it uses the same 1/3 mix. RSI (0–100) = how hot/cold recent moves are. JNK is chosen as a broad risk barometer.
CheckmarkValue prop
Out-of-sample, this strategy delivers top risk-adjusted gains with minimal drawdowns: Sharpe 2.64 vs 0.92, Calmar 6.87, max drawdown ~0.7% vs ~18.8%, beta near zero, plus inflation/cash ballast. Safer, steadier growth than the S&P.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.040.040.070.27
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
546.42%10.81%-1.77%0.2%0.62
Better BIL
116.88%4.35%0.32%1.29%1.51
Initial Investment
$10,000.00
Final Value
$21,687.88
Regulatory Fees
$237.79
Total Slippage
$1,241.82
Invest in this strategy
OOS Start Date
Oct 19, 2024
Trading Setting
Daily
Type
Stocks
Category
Tactical bond allocation, risk-on/risk-off, high-yield credit, tips, t-bills, momentum + mean reversion, daily rebalancing
Tickers in this symphonyThis symphony trades 3 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
JNK
State Street SPDR Bloomberg High Yield Bond ETF
Stocks
TIP
iShares TIPS Bond ETF
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.

"Better BIL" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Better BIL" is currently allocated toBIL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Better BIL" has returned 4.59%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Better BIL" is 0.69%. 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 "Better BIL", 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.