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Symphonies
EM GFC
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Daily, tactical EM strategy that flips between EEM and its inverse (EUM) using EEM’s long‑term trend and cross‑asset momentum (RSI) of bonds vs US stocks. Keeps ~10% in cash; rebalances every day.
NutHow it works
Each day it chooses between EEM (emerging‑market stocks) and EUM (the inverse of EEM). It checks: 1) Trend—Is EEM above its 200‑day average price? 2) Momentum—RSI, a 0–100 score of recent up vs down days, comparing safer bonds (IEI, IGIB) to US stocks (SPY, IWM) and EEM. It also uses BIL (T‑bills) vs its 50‑day average as a stress flag. If risk looks healthy it buys EEM; if not, EUM. ~90% invested, ~10% cash.
CheckmarkValue prop
Out-of-sample EM strategy toggling EEM/EUM daily; higher risk-adjusted return than the S&P: OOS Sharpe 1.82 vs 1.10; Calmar 2.35; max drawdown 15% vs 18.8%; annualized return ~35% vs ~19.6%.

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Invest in this strategy
OOS Start Date
Sep 3, 2024
Trading Setting
Daily
Type
Stocks
Category
Emerging markets, tactical allocation, trend-following, relative strength, risk-on/risk-off, daily rebalanced
Tickers in this symphonyThis symphony trades 7 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
EEM
iShares MSCI Emerging Markets ETF
Stocks
EUM
ProShares Trust Short MSCI Emerging Markets
Stocks
IEI
iShares 3-7 Year Treasury Bond ETF
Stocks
IGIB
iShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF
Stocks
IWM
iShares Russell 2000 ETF
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.

"EM GFC" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"EM GFC" is currently allocated toEEM. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "EM GFC" has returned 37.10%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "EM GFC" is 15.04%. 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 "EM GFC", 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.