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Symphonies
Black Swan Catcher (SPY)
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Daily, all-in on one ETF: in big selloffs, either bottom‑fish 3x Tech or hide in VIX/T‑bills; in normal times, mostly sit in short Treasuries, only grabbing volatility when markets look overheated and vol is perking up.
NutHow it works
Every day it asks: 1) Has the S&P 500 fallen >10% in the last month? If yes: buy 3x Tech on deep oversold; else hold VIX or T‑bills depending on how severe the drop is. 2) If not: only buy a volatility ETF when the market is red‑hot AND volatility is waking up; otherwise sit in short‑term Treasuries.
CheckmarkValue prop
Out-of-sample edge: 30.18% annualized return vs 16.40% for the S&P, max drawdown 4.17% vs 18.76%, Sharpe ~0.93, Calmar ~7.24. Higher growth with far lower downside and strong risk-adjusted alpha.

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Invest in this strategy
OOS Start Date
Jul 10, 2024
Trading Setting
Daily
Type
Stocks
Category
Crash protection, tactical asset allocation, volatility trading, leveraged etfs, market timing, tech sector tilt, treasury cash proxy
Tickers in this symphonyThis symphony trades 0 assets in total
Ticker
Type

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.

"Black Swan Catcher (SPY)" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Black Swan Catcher (SPY)" is currently allocated toSHV. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Black Swan Catcher (SPY)" has returned 30.18%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Black Swan Catcher (SPY)" is 4.17%. 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 "Black Swan Catcher (SPY)", 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.