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Symphonies
Gold Currency Hedge
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Half cash, half gold. Use 3x gold (SHNY) when gold is oversold or trending up; otherwise use regular gold (GLD). Signals come from GLD’s 10‑day RSI and 10‑day return.
NutHow it works
Always keep 50% in cash. The other 50% goes into gold: - GLD = SPDR Gold Shares (plain gold fund). SHNY = a 3x daily gold note (very volatile). - If GLD’s 10‑day RSI (a 0–100 score of recent ups vs downs; below 30 = short‑term slump) is under 30, use SHNY. - Else if GLD is up over the last 10 days, use SHNY. - Else use GLD.
CheckmarkValue prop
Out-of-sample edge: Sharpe 1.61 vs SPY 0.97; annualized return ~88% vs ~18%; beta ~0.02 means low SPX sensitivity; Calmar ~2.94. Higher drawdown (~30% vs ~19%) is offset by much bigger upside and a 50% cash buffer using GLD/SHNY signals.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.480.0800.03
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
78.12%23.1%1.36%5.73%1.43
Gold Currency Hedge
219.65%51.94%4.29%36.86%1.29
Initial Investment
$10,000.00
Final Value
$31,965.37
Regulatory Fees
$43.62
Total Slippage
$285.97
Invest in this strategy
OOS Start Date
Oct 4, 2024
Trading Setting
Threshold 10%
Type
Stocks
Category
Gold, commodity, tactical allocation, momentum, mean reversion, leveraged etn, cash buffer, risk-managed
Tickers in this symphonyThis symphony trades 0 assets in total
Ticker
Type

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.

"Gold Currency Hedge" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Gold Currency Hedge" is currently allocated toSHNY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Gold Currency Hedge" has returned 88.21%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Gold Currency Hedge" is 30.05%. 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 "Gold Currency Hedge", 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.