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

About

A daily, rules-based toggle between UPRO (3× S&P 500) and SHY (short‑term Treasuries). It only leans into UPRO when the stock market looks calm and stocks appear more beaten‑up than bonds; otherwise it sits in SHY. The final mix is an average of 15 small signals.
NutHow it works
Each day it splits your money across 15 small “slices.” For each slice it asks: 1) Has the S&P 500 been calm lately (low recent bumpiness)? If not, that slice parks in SHY (short‑term Treasuries). 2) If calm, do stocks look more beaten‑up than bonds right now? If yes, that slice buys UPRO (a 3× S&P 500 fund); if not, it stays in SHY. All slices are averaged, so you end up with some mix of UPRO and SHY, rebalanced daily. SPY (the S&P 500 tracker) is used only to read the market’s condition.
CheckmarkValue prop
Out-of-sample performance shows higher risk-adjusted returns and bigger upside vs the S&P 500: oos Sharpe 1.61 vs 1.38, oos annualized return ~49% vs 22%, Calmar ~1.34, with 15 diversified sub-models and volatility-driven UPRO/SHY tilts.

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Invest in this strategy
OOS Start Date
Jan 15, 2023
Trading Setting
Daily
Type
Stocks
Category
Tactical allocation, volatility filter, mean reversion, leveraged equity, equity–bond rotation, daily rebalance
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.

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

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

Year-to-date, the symphony has returned 49.11%. 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, crypto, and options.