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

About

Daily, it splits across 15 checks and switches between leveraged S&P 500 (SSO/UPRO) and long Treasuries (TLT). It goes risk‑on only when markets are calm and stocks look briefly weak vs cash; otherwise it parks in TLT.
NutHow it works
It splits money across 15 tiny rules. Each day, each rule asks: has the S&P 500 been calm (low recent volatility)? If yes and stocks look short‑term weak vs cash (RSI—a score of recent up vs down days—is lower than for SHY), it buys a leveraged S&P 500 fund (mostly SSO; one slice uses UPRO). Otherwise it holds long‑term Treasuries (TLT). SPY=S&P 500, SHY=1–3y Treasuries, SSO/UPRO=2x/3x S&P 500, TLT=20+y Treasuries.
CheckmarkValue prop
Out-of-sample return ~27.4% vs SPY ~22.2%; Sharpe ~1.26, Calmar ~0.98. A 15-rule ensemble uses calm-market entries and selective leverage to beat the S&P 500 on a risk-adjusted basis, with downside managed by bond exposure.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.170.490.180.43
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
941.26%14.98%6.16%5.09%0.9
Cautious Fund Surfing | SPY vs. TLT | 2x
4,062.44%24.88%2.01%-1.24%1.22
Initial Investment
$10,000.00
Final Value
$416,243.64
Regulatory Fees
$1,617.55
Total Slippage
$9,321.18
Invest in this strategy
OOS Start Date
Apr 3, 2023
Trading Setting
Daily
Type
Stocks
Category
Tactical asset allocation, leveraged etfs, s&p 500 vs treasuries, volatility filter, rsi mean‑reversion, daily rebalance
Tickers in this symphonyThis symphony trades 5 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
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 toTLT. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 22.51%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 28.03%. 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.