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Symphonies
DD reduction - 1994 (use $100 starting cash)
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily, all‑in switch: stay in SPY by default; if select bond closed‑end funds show very high RSI (overheated), shift to a 3‑fund “safety” basket (IQI, JHI, SPE). Goal: trim big stock drawdowns using simple overbought warnings.
NutHow it works
Each day it’s in SPY (the S&P 500) unless a set of bond income funds (SABA, FCO, PPT, FAX, MGF) look “too hot.” It checks RSI—a 0–100 gauge of how fast prices rose recently; very high = overheated. If any are too high, it moves equally into 3 steadier funds: IQI (muni bonds), JHI (bond fund), SPE (special situations). Then it switches back when the heat cools.
CheckmarkValue prop
Out-of-sample results: annualized return 35.36% vs SPY 36.79%, but Sharpe 2.90 vs 2.81, Calmar 7.08, and max drawdown ~5.0% vs SPY ~5.07%. An RSI-driven safety shift preserves upside with lower risk.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.10.720.70.84
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
2,455.28%10.65%-1.73%1.75%0.63
DD reduction - 1994 (use $100 starting cash)
23,999.12%18.68%-1.18%5.85%1.13
Initial Investment
$10,000.00
Final Value
$2,409,911.85
Regulatory Fees
$25,063.00
Total Slippage
$146,443.02
Invest in this strategy
OOS Start Date
May 6, 2025
Trading Setting
Daily
Type
Stocks
Category
Tactical allocation, rsi filter, regime switching, closed-end funds, equity/bond rotation, drawdown control
Tickers in this symphonyThis symphony trades 9 assets in total
Ticker
Type
FAX
abrdn Asia-Pacific Income Fund, Inc
Stocks
FCO
abrdn Global Income Fund, Inc.
Stocks
IQI
INVESCO QUALITY MUNICIPAL SECURITIES
Stocks
JHI
John Hancock Investors Trust Capital Stock
Stocks
MGF
MFS Government Markets Income Trust Common Shares of Beneficial Interest
Stocks
PPT
Putnam Premier Income Trust
Stocks
SABA
Saba Capital Income & Opportunities Fund II
Stocks
SPE
Special Opportunities Fund, Inc.
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.

The symphony is currently performing the same as yesterday today. Performance updates in real time during market hours.

The symphony is currently allocated toIQI, JHIandSPE. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 36.58%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 5.00%. 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 the symphony, 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.