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Symphonies
CQ | Bank Blender V1.0 | 8.2.23
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily-updating blend of big bank stocks: 70% goes to the calmest bank over the last two weeks and 30% to the best recent performer, chosen from major US and European banks. Concentrated sector; frequent trading.
NutHow it works
Each day it looks at a list of major bank stocks (JPMorgan, Bank of America, Wells Fargo, Citigroup, Goldman Sachs, Morgan Stanley, HSBC, Santander, Barclays, Deutsche Bank, and others). It puts 70% into the bank with the calmest recent price (lowest 14‑day ups/downs) and 30% into the best 14‑day gainer. It rebalances daily. Note: it’s concentrated in banks and trades often, which can add costs/taxes.
CheckmarkValue prop
Out-of-sample edge: ~59% annualized return with Sharpe 1.72, Calmar 3.08, and max drawdown ~19%. A concentrated bank portfolio blending momentum and stability—potentially higher risk-adjusted gains than the S&P.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.11.20.390.63
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
130.97%15.22%1.36%5.73%0.78
CQ | Bank Blender V1.0 | 8.2.23
252.5%23.77%0.18%-3.29%0.73
Initial Investment
$10,000.00
Final Value
$35,249.90
Regulatory Fees
$232.66
Total Slippage
$1,112.64
Invest in this strategy
OOS Start Date
Jul 4, 2023
Trading Setting
Daily
Type
Stocks
Category
Stocks, banks, financials, global, momentum tilt, low-volatility tilt, daily rebalanced, concentrated
Tickers in this symphonyThis symphony trades 0 assets in total
Ticker
Type

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.

"CQ | Bank Blender V1.0 | 8.2.23 " is currently performing the same as yesterday today. Performance updates in real time during market hours.

"CQ | Bank Blender V1.0 | 8.2.23 " is currently allocated toDBandKEY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "CQ | Bank Blender V1.0 | 8.2.23 " has returned 59.04%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "CQ | Bank Blender V1.0 | 8.2.23 " is 19.19%. 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 "CQ | Bank Blender V1.0 | 8.2.23 ", 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, crypto, and options.