Skip to Content
Symphonies
D.E Shaw Step 5
Today’s Change
—

A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily, rule‑based strategy that rotates among tech stocks, bonds, commodities, cash and volatility hedges. It buys dips in tech, avoids overheated markets, and uses bond/commodity trends and inverse ETFs to manage risk. High risk due to leverage.
NutHow it works
Daily the system checks: is the market rising or falling (using moving averages)? • If it’s hot/overbought (RSI high), it cuts risk or adds hedges (cash/T‑Bills, volatility ETFs, or inverse funds). • If it’s washed‑out/oversold (RSI low), it buys the dip (often tech/semis, sometimes with leverage). • Separate sleeves trend‑follow bonds and commodities. It then combines all sleeves and rebalances.
CheckmarkValue prop
Out-of-sample: stronger risk-adjusted performance and lower drawdowns vs the S&P. Sharpe ~1.22 vs ~1.20; drawdown ~14.1% vs ~18.8%; beta ~0.77; Calmar ~1.46; ~20.6% annualized return—nearly identical with added diversification and hedging.

Loading backtest data...

Invest in this strategy
OOS Start Date
Feb 17, 2024
Trading Setting
Daily
Type
Stocks
Category
Multi-asset, tactical, momentum, mean-reversion, trend-following, volatility-hedged, leveraged etfs, macro, bonds, commodities, tech-heavy
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.

"D.E Shaw Step 5" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"D.E Shaw Step 5" is currently allocated toUPRO, TYD, TIP, IEF, USDU, SOXL, TMF, VTIP, QQQ, CVE, SVXY, UUP, DBC, HYG, SHY, LQD, SPY, BTAL, VLO, TQQQ, XLE, EDC, SH, QLD, IEI, DIG, GLD, TLT, TNA, XLK, UDOW, XLY, BIL, XLP, BNDandEFO. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "D.E Shaw Step 5" has returned 20.58%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "D.E Shaw Step 5" is 14.12%. 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 "D.E Shaw Step 5", 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.