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Symphonies
CQ_USA vs. Europe ✌️
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Simple daily check of recent performance: own SPY (U.S. stocks) when it beat IEUR (Europe) over the last 30 days; otherwise own IEUR. One holding at a time; sector tilt shifts between U.S. tech-heavy and Europe’s banks/industrials, with currency effects.
NutHow it works
Each day it compares the last 30 days of performance for two funds: - SPY: big U.S. companies (tech‑heavy: Apple, Microsoft, etc.). - IEUR: broad European stocks (more banks/industrials) and includes EUR/GBP moves vs the U.S. dollar. If SPY did better, it holds SPY; otherwise it holds IEUR (ties go to IEUR). It puts 100% in the winner and only switches when leadership changes.
CheckmarkValue prop
Out-of-sample edge: ~29.1% annualized return vs SPY ~17.5%; Sharpe ~1.65 vs 0.94; Calmar ~2.04; max drawdown ~14.25% vs 18.76%; beta ~0.72. Simple US/Europe rotation with currency exposure aims higher, more efficient risk-adjusted returns.

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Invest in this strategy
OOS Start Date
Oct 24, 2024
Trading Setting
Daily
Type
Stocks
Category
Momentum, relative strength, regional rotation, us equities, european equities, currency exposure, daily rebalance
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_USA vs. Europe ✌️" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"CQ_USA vs. Europe ✌️" is currently allocated toSPY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "CQ_USA vs. Europe ✌️" has returned 29.13%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "CQ_USA vs. Europe ✌️" is 14.25%. 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_USA vs. Europe ✌️", 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.