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

About

Buys the two hottest names from a fixed list of nine big U.S. tech stocks each month. It measures which rose the most over the past ~20 trading days, splits money 50/50 between those two, and rechecks monthly to rotate into new leaders.
NutHow it works
Each month, it looks at nine big tech stocks—Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), Alphabet/Google (GOOG), Meta/Facebook (META), Nvidia (NVDA), Adobe (ADBE), PayPal (PYPL), and Snowflake (SNOW). It ranks them by last‑month price gain (~20 trading days), buys the top two equally, holds for a month, then repeats.
CheckmarkValue prop
Out-of-sample momentum in 9 mega-cap techs rotates monthly into the leaders, delivering ~46.5% annualized return vs ~23.6% for the S&P, with Calmar ~1.72 and strong risk-adjusted upside. Note higher drawdowns and concentration risk.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.071.470.490.7
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
111.85%15.02%-0.15%0.4%0.91
Big Tech Momentum
260.06%26.97%-5.5%-17.64%0.85
Initial Investment
$10,000.00
Final Value
$36,005.57
Regulatory Fees
$30.81
Total Slippage
$208.89
Invest in this strategy
OOS Start Date
Mar 26, 2023
Trading Setting
Monthly
Type
Stocks
Category
Momentum, us large-cap tech, monthly rotation, long-only, equal-weight, concentrated
Tickers in this symphonyThis symphony trades 9 assets in total
Ticker
Type
AAPL
Apple Inc.
Stocks
ADBE
Adobe Inc.
Stocks
AMZN
Amazon.Com Inc
Stocks
GOOG
Alphabet Inc. Class C Capital Stock
Stocks
META
Meta Platforms, Inc. Class A Common Stock
Stocks
MSFT
Microsoft Corp
Stocks
NVDA
Nvidia Corp
Stocks
PYPL
PayPal Holdings, Inc. Common Stock
Stocks
SNOW
Snowflake Inc.
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.

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

"Big Tech Momentum" is currently allocated toNVDAandAAPL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Big Tech Momentum" has returned 39.02%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Big Tech Momentum" is 26.98%. 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 "Big Tech Momentum", 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.