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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 switch: stay in SPY (S&P 500) unless several bond funds show strong short‑term momentum (high RSI). When they do, rotate to a Safety mix of bond‑heavy funds (IQI, JHI) plus SPE to try to cut stock‑market drawdowns.
NutHow it works
Each day it checks a few bond‑focused funds (FCO, PPT, FAX, MGF and a Saba closed‑end‑fund gauge). It uses RSI, a 0–100 “speed” score where high = price rising fast. If any of these bond funds are very strong, it moves to a Safety basket: equal parts IQI and JHI (municipal‑bond funds) plus SPE (a special‑situations fund). If none are strong, it holds SPY (an S&P 500 stock fund). Rebalances daily.
CheckmarkValue prop
Out-of-sample, this strategy delivers stronger risk-adjusted performance than SPY: Sharpe ~2.90 vs ~2.81, Calmar ~7.1, beta ~0.86, and ~5% max drawdown vs ~5.07%. It shifts to a bond-heavy Safety basket on momentum signals to preserve capital.
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
2,568.7%10.74%6.16%5.09%0.64
DD reduction - 1994 (use $100 starting cash)
24,006.18%18.58%3.35%1.25%1.13
Initial Investment
$10,000.00
Final Value
$2,410,617.89
Regulatory Fees
$25,505.10
Total Slippage
$149,249.32
Invest in this strategy
OOS Start Date
May 6, 2025
Trading Setting
Daily
Type
Stocks
Category
Tactical allocation, momentum filter, risk-on/risk-off, drawdown control, cefs, fixed income vs equities
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 29.21%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 9.62%. 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.