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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 switch between U.S. stocks (SPY) and European stocks (IEUR) based on which outperformed over the last 30 days; always 100% in the recent leader.
NutHow it works
Each day, it checks which market did better over the last ~30 days and holds only that one: - SPY = big U.S. companies (S&P 500: Apple, Microsoft, etc.) - IEUR = big European companies (UK, Germany, France, Switzerland, etc.) Whichever had the higher recent gain gets 100% of the portfolio. Switch when the leader changes.
CheckmarkValue prop
Out-of-sample momentum rotates between US and Europe, targeting ~35% return vs SPY's ~17%, with higher Sharpe (~2.0 vs ~1.0), lower drawdown (~14% vs ~19%), and Calmar ~2.46. Clear edge over the S&P 500.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
-0.010.920.840.91
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
321.57%13.23%-0.15%0.4%0.8
CQ_USA vs. Europe ✌️
211.75%10.31%-1.37%6.98%0.64
Initial Investment
$10,000.00
Final Value
$31,175.38
Regulatory Fees
$112.47
Total Slippage
$740.16
Invest in this strategy
OOS Start Date
Oct 24, 2024
Trading Setting
Daily
Type
Stocks
Category
Momentum, relative strength, etf rotation, us vs europe equities, daily rebalance
Tickers in this symphonyThis symphony trades 2 assets in total
Ticker
Type
IEUR
iShares Core MSCI Europe ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
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_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 toIEUR. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "CQ_USA vs. Europe ✌️" has returned 29.77%. 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, and options.