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

About

A daily market-timing strategy that splits money across 15 variants. It uses leveraged U.S. stocks when conditions look calm, short-term Treasuries when they don’t, and long-term Treasuries when stock-market volatility gets too high.
NutHow it works
Each day, the strategy runs 15 small tests and averages them. Every test first asks: has the U.S. stock market (SPY) been calm or jumpy lately? If it has been too jumpy, that piece moves to long-term Treasury bonds (TLT). If stocks have been calm, it compares a recent-strength score for stocks (SPY) versus short-term Treasury bonds (SHY). Depending on that comparison, it buys either UPRO (a 3x turbo-charged S&P 500 fund) or SHY (short-term government bonds).
CheckmarkValue prop
Out-of-sample: ~32.8% annualized return vs SPY ~20.9%, with Calmar ~0.86 and Sharpe ~1.17. Larger drawdowns (~38% vs ~19%). Daily tilts among UPRO/SHY/TLT aim to capture trends while diversifying risk.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.180.840.340.59
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
1,039.41%15.11%-0.05%3.57%0.91
Cautious Fund Surfing | SPY vs. SHY & TLT | 3x
12,049.7%31.99%2.2%8.1%1.26
Initial Investment
$10,000.00
Final Value
$1,214,970.37
Regulatory Fees
$2,602.27
Total Slippage
$20,360.59
Invest in this strategy
OOS Start Date
Apr 3, 2023
Trading Setting
Daily
Type
Stocks
Category
Tactical asset allocation, market timing, leveraged equity, treasury bonds, risk-managed, multi-lookback ensemble
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
TLT
iShares 20+ Year Treasury Bond ETF
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 toSHYandUPRO. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 33.09%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 38.22%. 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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