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Symphonies
Dev - Wolf_V2 // Indicators for Bitcoin Test SVIX vs GBTC + VIXY vs. BITI
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily, rules‑based Bitcoin timer. Uses volatility signals (SVIX/VIXY) to decide risk‑on vs risk‑off, then trend rules to either own Bitcoin (GBTC), bet against it (BITI), or sit in T‑bills (BIL).
NutHow it works
Daily, it checks “fear” gauges: SVIX rises when market fear falls; VIXY rises when fear spikes. It compares short‑ vs long‑term strength (RSI = a simple speed gauge). If calm (SVIX stronger) and Bitcoin’s fund GBTC is in an uptrend, buy GBTC; else hold cash (BIL, T‑bills). If fear is rising (VIXY stronger), buy BITI (goes up when Bitcoin falls) only if its recent return is weaker than its long‑term; otherwise hold BIL.
CheckmarkValue prop
Out-of-sample: 4.66%/yr, 10.61% max drawdown, Sharpe 0.335, Calmar 0.439. S&P drawdowns ~18.76%. This volatility-timed Bitcoin strategy offers better downside control and competitive risk-adjusted returns.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.4-0.150-0.06
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
74.61%21.51%1.75%5.97%1.37
Dev - Wolf_V2 // Indicators for Bitcoin Test SVIX vs GBTC + VIXY vs. BITI
146.49%37.07%8.86%14.12%1.09
Initial Investment
$10,000.00
Final Value
$24,649.19
Regulatory Fees
$81.34
Total Slippage
$504.76
Invest in this strategy
OOS Start Date
Jan 20, 2025
Trading Setting
Daily
Type
Stocks
Category
Crypto timing, volatility regime filter, trend following, tactical allocation, risk-managed, daily rebalance
Tickers in this symphonyThis symphony trades 5 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
BITI
ProShares Short Bitcoin ETF
Stocks
GBTC
Grayscale Bitcoin Trust ETF
Stocks
SVIX
-1x Short VIX Futures ETF
Stocks
VIXY
ProShares VIX Short-Term Futures ETF
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 toBIL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 10.36%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 10.61%. 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.