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Symphonies
Fund Indicator: BDRY
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Times the S&P 500 using shipping‑market momentum: if BDRY’s 60‑day strength score is above 50, hold SPY; otherwise sit in BIL (T‑Bills). Checks daily, fully in stocks or in cash‑like bills.
NutHow it works
Each day, it scores BDRY (a shipping‑rates ETF) on a 0–100 “recent strength” scale over ~3 months. If BDRY’s score is above 50, it buys SPY (U.S. large‑cap stocks). If not, it holds BIL (short‑term U.S. Treasury bills). It never holds BDRY itself. RSI>50 = risk‑on (SPY). Otherwise = cash‑like (BIL).
CheckmarkValue prop
Leverages shipping-momentum to time SPY vs cash. In out-of-sample tests it shows higher risk-adjusted returns (Sharpe ~1.69 vs SPY ~0.93), much smaller drawdowns (5.1% vs 18.8%), and strong downside protection (Calmar ~2.48).
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.10.160.160.4
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
172.51%13.85%-1.77%0.2%0.77
Fund Indicator: BDRY
163.97%13.39%-1.77%0.2%1.63
Initial Investment
$10,000.00
Final Value
$26,397.08
Regulatory Fees
$33.16
Total Slippage
$225.35
Invest in this strategy
OOS Start Date
Oct 16, 2024
Trading Setting
Daily
Type
Stocks
Category
Market timing,momentum filter,macro proxy,shipping indicator,spy vs t‑bills,risk-on/risk-off,single-signal model
Tickers in this symphonyThis symphony trades 3 assets in total
Ticker
Type
BDRY
Breakwave Dry Bulk Shipping ETF
Stocks
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
SPY
State Street 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.

"Fund Indicator: BDRY" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Fund Indicator: BDRY" is currently allocated toSPY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Fund Indicator: BDRY" has returned 8.50%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Fund Indicator: BDRY" is 5.07%. 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 "Fund Indicator: BDRY", 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.