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Symphonies
Bil Replacement | Rebalance
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily‑updating, inverse‑volatility mix of gold, a defensive long/short stock fund, bitcoin, a momentum‑tilted U.S. stock fund, and a cash‑like fund. It gives more weight to calmer assets and less to jumpier ones to smooth the ride.
NutHow it works
It blends 5 funds and changes the mix daily based on how “bumpy” each has been over the last ~3 months. Calmer funds get bigger slices; jumpier funds get smaller ones. - GLD: gold - BTAL: defensive long/short stocks - BITO: bitcoin (via futures) - SPMO: momentum U.S. stocks - BUXX: cash‑like, short‑term bonds
CheckmarkValue prop
Out-of-sample Sharpe ~2.88 vs SPY ~2.75; beta ~0.03; max drawdown 1.35% vs 5.07%; Calmar ~5.23. A daily inverse-vol blend of gold, defensive equities, bitcoin, momentum, and cash-like assets targets steadier growth with less risk than the S&P 500.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.080.060.180.42
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
37.59%15.12%-7.68%-7.76%0.96
Bil Replacement | Rebalance
21.6%9.01%-0.72%0.06%3.64
Initial Investment
$10,000.00
Final Value
$12,160.09
Regulatory Fees
$11.40
Total Slippage
$7.92
Invest in this strategy
OOS Start Date
May 1, 2025
Trading Setting
Daily
Type
Stocks
Category
Multi-asset, inverse-volatility, volatility targeting, momentum tilt, defensive, daily rebalance, diversified
Tickers in this symphonyThis symphony trades 5 assets in total
Ticker
Type
BITO
ProShares Bitcoin ETF
Stocks
BTAL
AGF U.S. Market Neutral Anti-Beta Fund
Stocks
BUXX
Strive Enhanced Income Short Maturity ETF
Stocks
GLD
SPDR Gold Trust, SPDR Gold Shares
Stocks
SPMO
Invesco S&P 500 Momentum 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.

"Bil Replacement | Rebalance" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Bil Replacement | Rebalance" is currently allocated toGLD, BITO, BTAL, BUXXandSPMO. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Bil Replacement | Rebalance" has returned 4.73%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Bil Replacement | Rebalance" is 1.35%. 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 "Bil Replacement | Rebalance", 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.