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Symphonies
Cautious Fund Surfing | SPY vs. SHY | 1x
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A cautious, rules-based switch between SPY (stocks) and SHY (short‑term Treasuries). It owns stocks only when recent stock volatility is calm and SPY looks “cool” vs SHY; otherwise it parks in SHY. Fifteen small signals vote; equal‑weighted, rebalanced daily.
NutHow it works
Every day, 15 small “checks” vote between two funds: SPY (US stocks) and SHY (1–3yr US Treasuries). - First, each check asks: Are SPY’s recent daily swings over 2–8 weeks calm (under 1%, 1.5%, or 2%)? If not, it picks SHY. - If calm, it compares a simple “hot vs. cold” score (RSI). Lower RSI = more beaten‑down. It buys whichever has the lower RSI (SPY or SHY). - Your money is split equally across all 15 votes. Rebalanced daily.
CheckmarkValue prop
Out-of-sample, this strategy beats SPY on risk-adjusted terms: Sharpe ~1.90 vs ~1.38, Calmar ~1.39, and max drawdown ~13.3% vs ~18.8%. It switches tactically between SPY and SHY to reduce losses in volatility while preserving upside.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.060.270.370.61
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
1,195.4%11.5%6.16%5.09%0.67
Cautious Fund Surfing | SPY vs. SHY | 1x
834.2%9.96%1.27%0.26%1.16
Initial Investment
$10,000.00
Final Value
$93,420.00
Regulatory Fees
$550.03
Total Slippage
$3,513.01
Invest in this strategy
OOS Start Date
Jan 15, 2023
Trading Setting
Daily
Type
Stocks
Category
Risk-on/risk-off, volatility filter, rsi, ensemble, spy vs shy, defensive equity, daily rebalance
Tickers in this symphonyThis symphony trades 2 assets in total
Ticker
Type
SHY
iShares 1-3 Year Treasury Bond ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
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.

The symphony is currently performing the same as yesterday today. Performance updates in real time during market hours.

The symphony is currently allocated toSHY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 16.30%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 13.30%. 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 the symphony, 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.