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Symphonies
Enhanced Momentum: Simple ETF- Leverage -
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A quarterly, rules-based switch. If bonds beat T‑bills over 60 days, go “risk‑on” and split between the 2 strongest ETFs (may include 3x equity funds). If not, move fully to 7–10Y Treasuries. Simple momentum with a risk-on/off filter.
NutHow it works
Every quarter it checks the last 60 days: if the total US bond market (BND) beat T‑bills (BIL), it’s “risk‑on.” If not, it’s “risk‑off.” • Risk‑off: put 100% in IEF (7–10Y Treasuries). • Risk‑on: pick the 2 best 90‑day performers from MDY (mid‑caps), QQQ (big tech), SHY (short Treasuries), UPRO/TQQQ (3x funds). Split 50/50. Leveraged funds are high risk.
CheckmarkValue prop
Out-of-sample, this strategy targets ~31.2% annualized returns with a Calmar ~1.62, beating the S&P 500 on risk-adjusted terms. It uses a simple quarterly risk-on/off switch plus momentum picks, with Treasuries hedging drawdowns.

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Invest in this strategy
OOS Start Date
Jan 13, 2024
Trading Setting
Quarterly
Type
Stocks
Category
Momentum, tactical asset allocation, risk-on/off, etfs, leveraged etfs, us equities, us treasuries, quarterly rebalance
Tickers in this symphonyThis symphony trades 8 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
BND
Vanguard Total Bond Market
Stocks
IEF
iShares 7-10 Year Treasury Bond ETF
Stocks
MDY
State Street SPDR S&P MIDCAP 400 ETF Trust
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
SHY
iShares 1-3 Year Treasury Bond ETF
Stocks
TQQQ
ProShares UltraPro QQQ
Stocks
UPRO
ProShares UltraPro S&P 500
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 toIEF. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 30.48%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 19.28%. 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.