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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

Daily, cautious switcher among UPRO (3x S&P 500), SHY (1-3yr Treasuries), and TLT (20+yr Treasuries). High stock volatility -> TLT. In calm periods, buy UPRO when stocks look cold vs SHY; otherwise hold SHY. Built as 15 equal slices.
NutHow it works
What it owns: UPRO (3x S&P 500), SHY (1-3yr US Treasuries), TLT (20+yr US Treasuries). It reads SPY (an S&P 500 tracker) to make decisions and rebalances daily. 1) Volatility gate: If recent stock moves are bumpy (> about 1–2% per day), that slice goes to TLT. 2) If calm: Use RSI (a hot/cold meter of recent gains vs losses). If stocks look colder than SHY, buy UPRO to catch a rebound; otherwise sit in SHY. It runs 15 equal slices (5 time windows x 3 vol cutoffs).
CheckmarkValue prop
Out-of-sample annualized return ~41.8% vs S&P 22.2%, with Sharpe ~1.406 vs 1.401. Calmar ~1.09 signals solid risk-adjusted performance; levered equity with volatility-managed bonds offers diversification. Note: larger drawdowns in severe downturns.

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Invest in this strategy
OOS Start Date
Apr 3, 2023
Trading Setting
Daily
Type
Stocks
Category
Tactical allocation, risk-on/risk-off, leveraged s&p 500, treasuries, volatility filter, mean reversion, daily rebalance, 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 toUPRO. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 33.22%. 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.