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

About

A daily tactical sleeve that mostly flips between 3x bull or 3x bear emerging‑market ETFs (EDC/EDZ), hides in T‑Bills (BIL) when volatility spikes, and occasionally buys EEM on big dips, guided by simple momentum and trend checks.
NutHow it works
Daily playbook: 1) If the market’s “fear gauge” (VIXM) is running very hot, park in T‑Bills (BIL). 2) Otherwise, check if emerging markets (EEM) are in an uptrend (above the 200‑day average). 3) Use quick “hot vs cold” checks (RSI) between ETF pairs to pick either a 3x EM bull fund (EDC) or a 3x EM bear fund (EDZ). If EM is extremely washed out, briefly buy EEM.
CheckmarkValue prop
Out-of-sample edge: annualized return 46.7% vs SPY 17.5%, Sharpe 1.31 vs 0.98, Calmar 1.94 (risk-adjusted). Lower beta (~0.34) with hedges (BIL) and EM-tactical 3x exposure offers stronger upside with controlled risk vs the S&P 500.

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Invest in this strategy
OOS Start Date
Oct 8, 2024
Trading Setting
Daily
Type
Stocks
Category
Tactical allocation, emerging markets, momentum (rsi), volatility filter, leveraged/inverse etfs, daily rebalance, risk-on/risk-off
Tickers in this symphonyThis symphony trades 13 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
DIA
State Street SPDR Dow Jones Industrial Average ETF Trust
Stocks
DLN
WisdomTree U.S. LargeCap Dividend Fund
Stocks
EDC
Direxion Daily MSCI Emerging Markets Bull 3X ETF
Stocks
EDZ
Direxion Daily MSCI Emerging Markets Bear 3X ETF
Stocks
EEM
iShares MSCI Emerging Markets ETF
Stocks
IEF
iShares 7-10 Year Treasury Bond ETF
Stocks
IGIB
iShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF
Stocks
ISCB
iShares Morningstar Small-Cap ETF
Stocks
IWM
iShares Russell 2000 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.

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

"Foreign Markets" is currently allocated toEDC. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Foreign Markets" has returned 61.10%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Foreign Markets" is 24.05%. 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 "Foreign Markets", 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.