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Symphonies
EM updated with 1x below spy200d and reduced lev FRs
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily, rules‑based strategy that times emerging‑market stocks. It flips between leveraged long, hedged, or short EM using trend (SPY 200‑day), oversold signals, and bond‑vs‑stock strength. Uses EDC, EDZ, EEM, plus T‑bills (BIL/SHV) as ballast.
NutHow it works
What it trades: EEM (EM stocks), EDC (3x long EM), EDZ (3x short EM), SPY (US stocks), IWM (small caps), IEI (Treasuries), IGIB (corp bonds), BIL/SHV (T‑bills). 1) Big trend: if SPY is above its 200‑day average = risk‑on; otherwise risk‑off (sizes down). 2) If EM is very “oversold” (RSI<25): buy 68% EDC + 32% BIL. 3) Else, compare short‑term “strength scores” (RSI) of bonds vs stocks (IEI vs IWM, IGIB vs SPY/EEM). If bonds score higher, go long EM (EDC/EEM); if not, use EDZ or EDZ+BIL. Rebalances daily.
CheckmarkValue prop
Out-of-sample edge: Sharpe improves from 2.88 to 3.06; oos return ~204% vs SPY ~38%; alpha ~1.16%; Calmar ~14.4. A regime-driven EM timing strategy with ballast can outperform the S&P 500 on a risk-adjusted basis.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.750.510.030.18
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
945.12%14.75%2.19%5.01%0.86
EM updated with 1x below spy200d and reduced lev FRs
15,926,683.91%101.87%10.31%32.99%1.67
Initial Investment
$10,000.00
Final Value
$1,592,678,391.11
Regulatory Fees
$2,340,093.20
Total Slippage
$16,804,828.53
Invest in this strategy
OOS Start Date
Apr 30, 2025
Trading Setting
Daily
Type
Stocks
Category
Emerging markets, tactical timing, rsi, moving average, leveraged & inverse etfs, bonds vs stocks, daily rebalance
Tickers in this symphonyThis symphony trades 9 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
EDC
Direxion Daily Emerging Markets Bull 3X Shares, Shares of beneficial interest, no par value
Stocks
EDZ
Direxion Daily Emerging Markets Bear 3x Shares
Stocks
EEM
iShares MSCI Emerging Markets ETF
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
SHV
iShares Trust iShares 0-1 Year Treasury Bond ETF
Stocks
SPY
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.

The symphony is currently performing the same as yesterday today. Performance updates in real time during market hours.

The symphony is currently allocated toEDZ. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 204.44%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 14.19%. 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, crypto, and options.