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Symphonies
Communication IXP
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Daily, all‑in communications play using a 10‑day RSI on IXP: buy FCOM when deeply oversold, hold IXP when normal, and switch to WEBS (‑3x inverse internet) when overheated. Concentrated and can be very volatile.
NutHow it works
Each day it checks a 10‑day momentum score (RSI) on IXP, a global communications ETF. RSI is a 0–100 gauge of how fast price moved lately; <29 = fell hard, >70 = ran hot. If RSI < 29: buy FCOM (U.S. communications) for a rebound. If RSI > 70: buy WEBS (‑3x inverse internet) to bet on a pullback. Else: hold IXP.
CheckmarkValue prop
Out-of-sample edge: ~19.6% annual return with ~16.8% max drawdown vs S&P ~18.3%/18.8%. Calmar ~1.16, Sharpe ~0.86. Higher risk-adjusted gains and smaller drawdowns, with focused communications exposure.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.130.70.230.48
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
143.16%15.18%-0.15%0.4%0.8
Communication IXP
242.35%21.63%-0.76%3.92%0.81
Initial Investment
$10,000.00
Final Value
$34,235.39
Regulatory Fees
$95.17
Total Slippage
$611.96
Invest in this strategy
OOS Start Date
Jun 23, 2024
Trading Setting
Daily
Type
Stocks
Category
Sector rotation, communications, rsi/momentum, mean reversion, inverse leveraged etf, daily rebalance
Tickers in this symphonyThis symphony trades 3 assets in total
Ticker
Type
FCOM
Fidelity MSCI Communication Services Index ETF
Stocks
IXP
iShares Global Comm Services ETF
Stocks
WEBS
Direxion Daily Dow Jones Internet Bear 3X Shares
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.

"Communication IXP" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Communication IXP" is currently allocated toIXP. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Communication IXP" has returned 20.77%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Communication IXP" is 16.83%. 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 "Communication IXP", 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.