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Symphonies
Cautious Fund Surfing | SPY vs. SHY | 3x
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily, 15‑sleeve blend that only buys 3× S&P 500 (UPRO) when the S&P 500 is calm and its recent strength score (RSI) is lower than Treasuries (SHY); otherwise it stays in SHY. Equal‑weighted sleeves diversify timeframes and volatility cutoffs.
NutHow it works
What it holds: UPRO (a fund aiming for 3× the S&P 500’s daily move) or SHY (short‑term US Treasuries). SPY is the non‑levered S&P 500 tracker it measures. Each day, 15 mini‑rules run. For each: if SPY’s recent daily swings (14–42 days) are below 1%, 1.5% or 2%, compare momentum using RSI (a score of recent up vs down days; higher = stronger). If SPY’s RSI is lower than SHY’s, buy UPRO; otherwise hold SHY. If volatility isn’t low, hold SHY. All 15 sleeves are equal‑weighted, so you can end up partly in each.
CheckmarkValue prop
Out-of-sample edge: ~39% annualized return vs ~21% SPY, Calmar ~1.08, Sharpe ~1.35. 15-sleeve diversification uses SHY in risk-off and UPRO in calm regimes. Higher upside but larger drawdowns (~37% vs ~19% SPY).
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.150.950.440.66
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
1,040.01%15.19%1.27%4.17%0.92
Cautious Fund Surfing | SPY vs. SHY | 3x
10,805.19%31.35%0.8%11.76%1.24
Initial Investment
$10,000.00
Final Value
$1,090,518.55
Regulatory Fees
$2,103.01
Total Slippage
$16,396.99
Invest in this strategy
OOS Start Date
Jan 15, 2023
Trading Setting
Daily
Type
Stocks
Category
Tactical allocation, leveraged equity vs treasuries, volatility filter, rsi filter, multi-horizon, daily rebalance
Tickers in this symphonyThis symphony trades 3 assets in total
Ticker
Type
SHY
iShares 1-3 Year Treasury Bond ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
UPRO
ProShares UltraPro S&P 500
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 39.36%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 36.61%. 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.
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