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Symphonies
EEM/EMLC - Simple low vol rule - 1.72 sharpe with etfs only
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Simple daily “risk-on/off” switch using EEM vs EMLC. Risk-on: diversified US sectors plus a large tactical natural‑gas sleeve and currency/EM hedges; some cash. Risk-off: mostly cash with tiny hedges. Designed to keep volatility low.
NutHow it works
Each day it compares recent 40‑day performance of EM stocks (EEM) vs EM local‑currency bonds (EMLC). If stocks lead, ~80% is invested: US sectors (KIE, SMH, XLV, IHF, ITB, CWB), a big natural‑gas sleeve that shorts gas (KOLD) unless gas already fell a lot—then uses gold (GLD)+Cheniere (LNG)—plus small yen (YCS) and EM (EUM) hedges; ~20% cash. If bonds lead, ~99% stays in cash with only tiny hedges (SMH, GDX, YCS, EUO, EUM, SEF, XLV, QQQ). Rebalanced daily.
CheckmarkValue prop
Out-of-sample, this regime-switching strategy delivers a smoother, higher risk-adjusted ride: Sharpe ~1.75 vs SPY ~1.20, max drawdown ~6% vs ~19%, Calmar ~3.0, and 17.8% annualized return. Strong downside protection with meaningful upside vs the S&P 500.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.10.370.430.66
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
675.59%15.22%1.36%13.5%0.94
EEM/EMLC - Simple low vol rule - 1.72 sharpe with etfs only
863.5%16.96%2.05%6.17%1.74
Initial Investment
$10,000.00
Final Value
$96,350.07
Regulatory Fees
$272.72
Total Slippage
$1,497.75
Invest in this strategy
OOS Start Date
Apr 4, 2024
Trading Setting
Daily
Type
Stocks
Category
Regime-switch, trend-following, multi-asset, sector rotation, commodity & currency hedges, low-volatility, daily rebalance
Tickers in this symphonyThis symphony trades 18 assets in total
Ticker
Type
CWB
State Street SPDR Bloomberg Convertible Securities ETF
Stocks
EEM
iShares MSCI Emerging Markets ETF
Stocks
EMLC
VanEck J. P. Morgan EM Local Currency Bond ETF
Stocks
EUM
ProShares Trust Short MSCI Emerging Markets
Stocks
EUO
ProShares UltraShort Euro
Stocks
GDX
VanEck Gold Miners ETF
Stocks
GLD
SPDR Gold Trust, SPDR Gold Shares
Stocks
IHF
iShares U.S. Healthcare Providers ETF
Stocks
ITB
iShares U.S. Home Construction ETF
Stocks
KIE
State Street SPDR S&P Insurance 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 toEUM, XLV, CWB, KOLD, YCS, SMH, IHF, KIE, LNGandITB. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 17.76%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 5.93%. 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.