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Symphonies
HAA CANARY + DUAL MOMENTUM + BLACK SWAN CATCHER (Now with leverage)
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Rules-based, daily strategy: uses a market trend filter, a bond “canary,” and momentum to own the 4 strongest assets when conditions are good; otherwise holds T‑Bills. Adds a “black swan catcher” that buys UVXY when markets look overheated or jumpy.
NutHow it works
1) Trend check: If SPY is above its 200‑day average, it’s a bull; otherwise a bear. 2) Crash catcher: In bulls, if leveraged stock funds look overheated (TQQQ or SPXL), buy UVXY (a fund that jumps when markets panic). In bears, if volatility heats up, may also buy UVXY; if SPY is very weak, sit in BIL (T‑Bills). 3) Canary: If TIP (inflation‑protected Treasuries) trends up over 1 year, go risk‑on; else hold BIL. 4) Risk‑on: own the 4 strongest recent performers from a mix of leveraged stock, bond, real‑estate, and commodity ETFs. Rebalanced daily.
CheckmarkValue prop
Out-of-sample edge: 25.13% annualized return vs 21.82% for SPY, with market-like beta and Calmar ~0.95. Diversified leveraged exposure plus disciplined risk controls offer higher upside and controlled drawdowns vs the S&P 500.

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Invest in this strategy
OOS Start Date
Jun 10, 2023
Trading Setting
Daily
Type
Stocks
Category
Trend-following, dual momentum, risk-on/risk-off, leveraged etfs, volatility hedge, tactical asset allocation, daily rebalanced
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.

The symphony is currently performing the same as yesterday today. Performance updates in real time during market hours.

The symphony is currently allocated toUPRO, DBC, EDC, TNAandEFO. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 25.13%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 26.33%. 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 the symphony, 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.