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Symphonies
Bitcoin 200d Moving Average | Monthly
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Monthly all-in/all-out switch: own BITO (Bitcoin futures ETF) when its price is above its 200‑day average; otherwise sit in SHV (short‑term U.S. Treasuries). Simple trend-following to seek upside while sidestepping major downtrends.
NutHow it works
Once a month, it checks BITO (a Bitcoin futures ETF) against its average price over the last ~200 trading days. If today’s price is above that average, it puts 100% into BITO. If not, it moves 100% into SHV, an ETF of very short‑term U.S. Treasury bills. Ties go to SHV.
CheckmarkValue prop
Out-of-sample, this strategy targets ~22.9% annualized return vs SPY’s ~21.96%, by riding BITO in uptrends and SHV in downtrends. It offers crypto exposure with risk control, but carries higher drawdowns than the S&P.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.280.740.070.27
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
75.25%17.71%2.19%5.01%1.07
Bitcoin 200d Moving Average | Monthly
183.94%35.44%0.31%-21.14%0.89
Initial Investment
$10,000.00
Final Value
$28,394.15
Regulatory Fees
$3.18
Total Slippage
$17.45
Invest in this strategy
OOS Start Date
Jan 7, 2024
Trading Setting
Monthly
Type
Stocks
Category
Trend following, crypto, bitcoin, moving average, tactical allocation, etf rotation, risk-on/risk-off, monthly rebalance, treasuries
Tickers in this symphonyThis symphony trades 2 assets in total
Ticker
Type
BITO
ProShares Bitcoin ETF
Stocks
SHV
iShares Trust iShares 0-1 Year Treasury 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.

"Bitcoin 200d Moving Average | Monthly" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Bitcoin 200d Moving Average | Monthly" is currently allocated toSHV. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Bitcoin 200d Moving Average | Monthly" has returned 22.89%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Bitcoin 200d Moving Average | Monthly" is 33.09%. 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 "Bitcoin 200d Moving Average | Monthly", 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.