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Symphonies
Fragility-Optimized Barbell v2 (Ladder)
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A rules-based barbell of gold, bitcoin, Treasuries (laddered), managed futures, and T‑bills. Aims to be slightly antifragile—cushion big drops yet keep upside in shocks. Rebalances quarterly, or earlier on large drifts or high market stress (VIX>25).
NutHow it works
Split money across opposites so the portfolio can handle many shocks. 40% in “shock absorbers”: a gold fund (25%) and a spot‑bitcoin fund (15%). 40% in a safety net of U.S. Treasury bond funds—25% in 7–10‑year bonds and 15% in 20+‑year bonds. 15% in a managed‑futures fund that rides big trends up or down. 5% in T‑bills as a cash buffer. Rebalance quarterly, or sooner if any weight drifts >10 points or if the VIX (fear index) >25.
CheckmarkValue prop
Antifragile, diversified mix: gold, bitcoin, Treasuries, managed futures, cash; disciplined quarterly/stress-driven rebalancing. Out-of-sample results show milder drawdowns, higher risk-adjusted returns, and lower S&P correlation.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.150.270.140.38
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
44.3%18.44%-1.77%0.2%1.13
Fragility-Optimized Barbell v2 (Ladder)
51.18%21.02%1.74%3.81%1.72
Initial Investment
$10,000.00
Final Value
$15,118.27
Regulatory Fees
$0.23
Total Slippage
$1.82
Invest in this strategy
OOS Start Date
Feb 24, 2026
Trading Setting
Quarterly
Type
Stocks
Category
Multi-asset barbell, antifragile, gold, bitcoin, treasuries ladder, managed futures, trend-following, volatility-aware, quarterly rebalance
Tickers in this symphonyThis symphony trades 6 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
DBMF
iMGP DBi Managed Futures Strategy ETF
Stocks
GLD
SPDR Gold Trust, SPDR Gold Shares
Stocks
IBIT
iShares Bitcoin Trust ETF
Stocks
IEF
iShares 7-10 Year Treasury Bond ETF
Stocks
TLT
iShares 20+ Year Treasury Bond 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.

"Fragility-Optimized Barbell v2 (Ladder)" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Fragility-Optimized Barbell v2 (Ladder)" is currently allocated toBIL, GLD, IEF, TLT, DBMFandIBIT. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Fragility-Optimized Barbell v2 (Ladder)" has returned 15.61%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Fragility-Optimized Barbell v2 (Ladder)" is 2.21%. 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 "Fragility-Optimized Barbell v2 (Ladder)", 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.