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

About

A daily, bitcoin-guided switch that buys leveraged stock ETFs (SPXL/TQQQ) when bitcoin’s trend is strong and not overheated, parks in T-bills (BIL) otherwise, and sometimes adds a bearish S&P bet (SPXS) via a simple stocks-vs-bonds check.
NutHow it works
Each day it reads two bitcoin trackers (GBTC = spot ETF, BITO = futures ETF). It checks trend (price vs recent averages) and whether the move is too hot (RSI: a 0–100 “speedometer”; high = overheated). If bitcoin’s trend looks strong and not overheated, it buys aggressive stock funds: SPXL (S&P 500) and/or TQQQ (Nasdaq‑100). If not, it holds BIL (T‑bills). A side rule may short the S&P (SPXS) or buy SPXL based on a simple stocks‑vs‑bonds strength check.
CheckmarkValue prop
Out-of-sample, this bitcoin-driven strategy beats the S&P 500 on risk-adjusted return and downside protection: Sharpe ~1.43 vs ~1.22, annualized return ~23.7% vs ~20.6%, max drawdown ~13.8% vs ~18.8%, Calmar ~1.72. More upside, less risk.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.260.30.10.31
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
94.23%22.36%6.16%5.09%1.4
Bitcoin Strategies
177.61%36.39%-5.77%-3.81%2.14
Initial Investment
$10,000.00
Final Value
$27,761.16
Regulatory Fees
$90.78
Total Slippage
$567.77
Invest in this strategy
OOS Start Date
Feb 21, 2024
Trading Setting
Daily
Type
Stocks
Category
Bitcoin-driven signals, trend following, momentum, tactical allocation, leveraged etfs, equities, inverse etf, cash/t-bills, daily rebalance
Tickers in this symphonyThis symphony trades 8 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
BITO
ProShares Bitcoin ETF
Stocks
GBTC
Grayscale Bitcoin Trust ETF
Stocks
SHY
iShares 1-3 Year Treasury Bond ETF
Stocks
SPXL
Direxion Daily S&P 500 Bull 3x ETF
Stocks
SPXS
Direxion Daily S&P 500 Bear 3x ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
TQQQ
ProShares UltraPro QQQ
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 Strategies" is currently performing the same as yesterday today. Performance updates in real time during market hours.

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

Year-to-date, "Bitcoin Strategies" has returned 17.03%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Bitcoin Strategies" is 13.78%. 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 Strategies", 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.