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Symphonies
Cautious Fund Surfing | SPY vs. SHY & TLT | 2x
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Daily, it cautiously rotates among 2x S&P 500 (SSO), short‑term Treasuries (SHY), and long‑term Treasuries (TLT). It buys 2x stocks only when markets are calm and stocks look oversold vs bonds; otherwise it hides in SHY or TLT. Uses 15 lookback tests.
NutHow it works
Each day it chooses among: SSO (2x S&P 500), SHY (short‑term Treasuries), TLT (long‑term Treasuries). First it checks if the S&P 500’s recent moves are calm across several windows. If not (jumpy), hold TLT. If calm, it compares a simple up‑vs‑down score (RSI: lower = more oversold) for SPY vs SHY. If SPY looks more oversold, buy SSO; otherwise sit in SHY. It blends 15 lookbacks to smooth timing.
CheckmarkValue prop
Out-of-sample edge: ~28.3% annualized return vs S&P 22.2%, Sharpe ~1.43 vs ~1.40, beta ~0.97, Calmar ~1.02. Adaptive strategy: overweight equities in calm oversold regimes, move to bonds in risk-off for higher risk-adjusted gains.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.130.410.20.45
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
718.32%11.21%6.16%5.09%0.64
Cautious Fund Surfing | SPY vs. SHY & TLT | 2x
2,789.41%18.53%1.81%-1.29%1.05
Initial Investment
$10,000.00
Final Value
$288,940.86
Regulatory Fees
$1,238.41
Total Slippage
$6,918.91
Invest in this strategy
OOS Start Date
Apr 3, 2023
Trading Setting
Daily
Type
Stocks
Category
Tactical allocation, volatility filter, contrarian rsi, leveraged equity, treasuries, ensemble, daily rebalance
Tickers in this symphonyThis symphony trades 4 assets in total
Ticker
Type
SHY
iShares 1-3 Year Treasury Bond ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
SSO
ProShares Ultra S&P500
Stocks
TLT
iShares 20+ Year Treasury Bond ETF
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 toSHYandTLT. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 23.29%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 27.64%. 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.