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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 switcher that aims to cut big losses: when selected bond funds look overheated by a quick momentum gauge (RSI), it parks in three defensive closed‑end funds; otherwise it holds SPY (S&P 500).
NutHow it works
Each day it checks a few income‑oriented bond funds (SABA, FCO, PPT, FAX, MGF). It uses RSI—a 0–100 “speedometer” of recent price moves; high = running hot. If any are above set levels, it moves to a Safety mix held equally: IQI (municipal‑bond fund), SPE (special situations CEF), JHI (bond fund). If none are hot, it owns SPY (S&P 500).
CheckmarkValue prop
Out-of-sample edge: higher risk-adjusted return with lower risk than SPY. Sharpe 2.90 vs 2.80, beta ~0.86, max drawdown ~5.0% vs 5.07%, and Calmar ~7.1, delivering SPY upside with better protection.
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
2,467.95%10.65%-0.15%0.4%0.63
DD reduction - 1994 (use $100 starting cash)
23,728.97%18.61%0.49%2.52%1.13
Initial Investment
$10,000.00
Final Value
$2,382,896.95
Regulatory Fees
$25,143.10
Total Slippage
$146,915.43
Invest in this strategy
OOS Start Date
May 6, 2025
Trading Setting
Daily
Type
Stocks
Category
Tactical allocation, risk management, momentum (rsi), closed-end funds, daily rebalance
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 toSPY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 32.33%. 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.