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Symphonies
GBTC RSI TMF WGMI checks
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Buys GBTC when it’s short‑term oversold. Otherwise, if long‑term Treasuries show recent stress, it holds one crypto‑stock fund (BLOK or WGMI). If there’s no stress, it stays in cash‑like T‑bills (BIL).
NutHow it works
- First, it checks GBTC (a fund that tracks Bitcoin). It looks at a 10‑day “heat meter” of recent price moves (RSI). If that meter says GBTC is very beaten down (below 32), it buys GBTC. - If GBTC is not that beaten down, it looks at TMF (a leveraged long‑term Treasury fund) only as a stress gauge. If TMF has had a sharp drop over the last ~10 days, it picks one crypto‑stock fund—either BLOK (blockchain companies) or WGMI (Bitcoin miners)—based on which has had the more favorable recent drop pattern. - If there isn’t that stress in TMF, it parks the money in BIL, a very short‑term Treasury bill fund (cash‑like).
CheckmarkValue prop
Out-of-sample edge: 25.57% annualized vs SPY 20.31%; lower beta (~0.76) means less market sensitivity; Calmar ~1.01 signals solid risk-adjusted performance despite higher max drawdown (~25% vs 19%). Tactical crypto proxies add upside potential.

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Invest in this strategy
OOS Start Date
Sep 10, 2024
Trading Setting
Threshold 10%
Type
Stocks
Category
Crypto-tactical, rules-based, mean-reversion, risk-switch, single-position, etfs/trust, cash-alternative
Tickers in this symphonyThis symphony trades 5 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
BLOK
Amplify Blockchain Technology ETF
Stocks
GBTC
Grayscale Bitcoin Trust ETF
Stocks
TMF
Direxion Daily 20+ Year Treasury Bull 3X Shares (based on the NYSE 20 Year Plus Treasury Bond Index; symbol AXTWEN)
Stocks
WGMI
Valkyrie ETF Trust II CoinShares Bitcoin Mining 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.

"GBTC RSI TMF WGMI checks" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"GBTC RSI TMF WGMI checks" is currently allocated toBIL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "GBTC RSI TMF WGMI checks" has returned 25.57%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "GBTC RSI TMF WGMI checks" is 25.19%. 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 "GBTC RSI TMF WGMI checks", 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, crypto, and options.