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Symphonies
emergent markets 2024
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Usually holds URTH (global developed stocks). When the S&P 500 is trending up but emerging markets get unusually hot and stronger than the US, it flips to EUM to bet on an EM pullback.
NutHow it works
Each day it holds one ETF. If the US market (SPY) is in an uptrend (price above its 200‑day average) and emerging markets (EEM) look overheated (RSI, a 0–100 gauge of recent “hotness,” is above 75.5) and EM’s momentum beats the US (EEM’s RSI > SPY’s), it switches to EUM—an ETF that rises when EM fall. Otherwise it stays in URTH, a broad developed‑world fund spanning major sectors.
CheckmarkValue prop
Out-of-sample Sharpe ~1.26 vs SPY ~1.20, with lower drawdown (~15.5% vs 18.8%), beta ~0.87 and Calmar ~1.28. A globally diversified core with a opportunistic EM hedge offers steadier, higher risk-adjusted gains than the S&P 500.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.010.90.760.87
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
604.02%14.7%6.16%5.09%0.91
emergent markets 2024
516.29%13.63%6.12%5.57%0.83
Initial Investment
$10,000.00
Final Value
$61,628.57
Regulatory Fees
$79.94
Total Slippage
$496.01
Invest in this strategy
OOS Start Date
Feb 7, 2024
Trading Setting
Daily
Type
Stocks
Category
Tactical allocation, trend filter, mean-reversion, momentum, emerging markets, inverse etf
Tickers in this symphonyThis symphony trades 4 assets in total
Ticker
Type
EEM
iShares MSCI Emerging Markets ETF
Stocks
EUM
ProShares Trust Short MSCI Emerging Markets
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
URTH
iShares MSCI World 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.

"emergent markets 2024" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"emergent markets 2024" is currently allocated toURTH. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "emergent markets 2024" has returned 20.72%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "emergent markets 2024" is 15.49%. 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 "emergent markets 2024", 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.