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Symphonies
Diversify with Global Exposure
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A monthly double-momentum rule that chooses US (SPY) or global (VEU) stocks based on their 1-year strength, but only if that strength beats short-term bonds (BIL); otherwise it shifts to bonds (AGG).
NutHow it works
A monthly rebalance uses a 252-day lookback to compare performance: - Compare SPY and BIL. If SPY > BIL, proceed to compare SPY vs VEU; allocate to the stronger of SPY or VEU (the one with higher 252-day return). - If SPY <= BIL, compare VEU vs BIL; allocate to the stronger of VEU or AGG (bond) if VEU > BIL; otherwise go to AGG. The result is a simple rule: go long the best-performing equity when it clearly beats the bond proxy; otherwise move into bonds. The monthly cadence keeps turnover modest and aligns with the double-momentum framework.
CheckmarkValue prop
GEM is a monthly double-momentum strategy across US/global equities and bonds. Out-of-sample Sharpe ~0.86 vs SPY ~0.82; drawdown ~18.8% vs 22.1%; Calmar ~0.68—delivering stronger risk-adjusted returns and smoother growth than the S&P 500.

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Invest in this strategy
OOS Start Date
Feb 13, 2022
Trading Setting
Monthly
Type
Stocks
Category
Global equities, momentum, etf-based asset allocation, tactical strategy
Tickers in this symphonyThis symphony trades 4 assets in total
Ticker
Type
AGG
iShares Core U.S. Aggregate Bond ETF
Stocks
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
VEU
Vanguard FTSE All-World Ex-US 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.

"Diversify with Global Exposure" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Diversify with Global Exposure" is currently allocated toVEU. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Diversify with Global Exposure" has returned 11.34%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Diversify with Global Exposure" is 18.76%. 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 "Diversify with Global Exposure", 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.