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Symphonies
CQ | BTC Rally Rider v2.1 | 12.18.23
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Rides Bitcoin’s uptrends by owning the single strongest Bitcoin-linked ETF or stock. If the long-term trend is down and the recent drop is steep, it shifts to an inverse Bitcoin ETF; otherwise it keeps riding the strongest pick.
NutHow it works
1) Check Bitcoin’s trend using BITO: if the average price of the last 50 days is above the last 200, it’s an uptrend. 2) In an uptrend, buy just one “hottest” Bitcoin-linked pick (from ETFs and stocks like COIN, MSTR, miners) based on recent performance. 3) If not in an uptrend and Bitcoin has fallen >10% recently, switch to BITI (an ETF that rises when Bitcoin falls). Otherwise, keep the hottest pick.
CheckmarkValue prop
Out-of-sample edge: ride top Bitcoin proxies and flip to inverse BTC on stress. OOS return ~80% annually vs SPY ~22%, Sharpe ~1.06, Calmar ~0.96. Higher upside with disciplined, regime-driven risk; note potential deeper drawdowns than SPY.

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Invest in this strategy
OOS Start Date
Dec 18, 2023
Trading Setting
Threshold 5%
Type
Stocks
Category
Crypto, bitcoin, trend-following, momentum rotation, tactical, long/short, inverse hedge
Tickers in this symphonyThis symphony trades 15 assets in total
Ticker
Type
BITC
Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF
Stocks
BITF
Bitfarms Ltd. Common Stock
Stocks
BITI
ProShares Short Bitcoin ETF
Stocks
BITO
ProShares Bitcoin ETF
Stocks
BITQ
Bitwise Crypto Industry Innovators ETF
Stocks
BITS
Global X Blockchain & Bitcoin Strategy ETF
Stocks
BITX
2x Bitcoin Strategy ETF
Stocks
BKCH
Global X Blockchain ETF
Stocks
BTF
Valkyrie ETF Trust II CoinShares Bitcoin and Ether ETF
Stocks
BTOP
Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF
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.

"CQ | BTC Rally Rider v2.1 | 12.18.23" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"CQ | BTC Rally Rider v2.1 | 12.18.23" is currently allocated toBITI. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "CQ | BTC Rally Rider v2.1 | 12.18.23" has returned 87.40%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "CQ | BTC Rally Rider v2.1 | 12.18.23" is 83.16%. 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 | BTC Rally Rider v2.1 | 12.18.23", 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, and options.