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Symphonies
Bitcoin & Fren
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Tactical bitcoin proxy. When momentum is weak, park in T‑Bills. When strong, own bitcoin ETFs—dial back risk when it’s red‑hot; otherwise mix 1× (BITO) and 2× (BITX) based on short‑term performance. Exposure: bitcoin and US T‑Bills; rebalanced daily.
NutHow it works
Rebalanced daily. 1) Check bitcoin’s recent strength with a 14‑day RSI (a 0–100 score of how strong recent up moves are). If RSI ≤ 50, hold BIL (1–3m T‑Bills). 2) If RSI > 50: if RSI > 79 (very hot), hold 50% BITO (bitcoin futures ETF) and 50% BIL. Otherwise, split 50/50 between the 10‑day winner and the 4‑day laggard of BITO (1×) and BITX (2×).
CheckmarkValue prop
RSI-driven crypto-tactical strategy: shift to T-Bills in weak momentum, or pair BITO/BITX in rallies with daily rebalance. Lower beta (~0.62) than the S&P, with built-in risk controls and diversification—targeting ~13% outsample annualized return.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.50.60.030.16
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
58.61%19.13%-0.15%0.4%1.22
Bitcoin & Fren
237.58%58.68%0.24%-7.81%1.1
Initial Investment
$10,000.00
Final Value
$33,758.40
Regulatory Fees
$130.68
Total Slippage
$718.42
Invest in this strategy
OOS Start Date
Mar 4, 2024
Trading Setting
Daily
Type
Stocks
Category
Crypto, momentum, trend following, tactical allocation, leveraged etfs, risk management, treasury bills
Tickers in this symphonyThis symphony trades 3 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
BITO
ProShares Bitcoin ETF
Stocks
BITX
2x Bitcoin Strategy 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 & Fren" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Bitcoin & Fren" is currently allocated toBITOandBITX. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Bitcoin & Fren" has returned 12.67%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Bitcoin & Fren" is 37.06%. 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 & Fren", 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.