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

About

Daily, it first checks for crash warnings and may briefly buy a volatility hedge. If no alarm, a TIPS “canary” decides offense vs. cash. In offense, it owns the 4 strongest assets (stocks, bonds, commodities, real estate) by multi‑window momentum.
NutHow it works
Each day: 1) Look for crash warnings. If markets look “too hot” or volatility is heating up, switch to a volatility hedge (UVXY). If it’s already extreme, sit in T‑Bills (BIL). 2) If no alarm, check TIP (a TIPS bond fund). If its 1‑yr trend is up, go Offensive; if not, hold BIL. Offensive = equally own the 4 strongest among US/global stocks, Treasuries, commodities, real estate, or BIL by 1‑yr to 1‑mo trend.
CheckmarkValue prop
Out-of-sample edge: lower drawdown (12.8% vs ~18.8% for the S&P) and stronger risk-adjusted returns (Sharpe ~1.18, Calmar ~1.25), with positive alpha, delivering steadier, potentially smoother long-term growth than the S&P 500.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.49-0.310.02-0.14
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
583.64%14.29%-5.67%-5.04%0.88
HAA CANARY + DUAL MOMENTUM + BLACK SWAN CATCHER
26,445.6%47.39%-3.24%3.97%1.25
Initial Investment
$10,000.00
Final Value
$2,654,560.26
Regulatory Fees
$5,875.33
Total Slippage
$38,819.24
Invest in this strategy
OOS Start Date
Mar 6, 2023
Trading Setting
Daily
Type
Stocks
Category
Tactical asset allocation, dual momentum, trend following, crash protection, volatility hedge (uvxy), canary (tip), multi-asset, daily rebalance, risk-on/risk-off
Tickers in this symphonyThis symphony trades 13 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
DBC
Invesco DB Commodity Index Tracking Fund
Stocks
EEM
iShares MSCI Emerging Markets ETF
Stocks
EFA
iShares MSCI EAFE ETF
Stocks
IEF
iShares 7-10 Year Treasury Bond ETF
Stocks
IWM
iShares Russell 2000 ETF
Stocks
SPXL
Direxion Daily S&P 500 Bull 3x ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
TIP
iShares TIPS 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.

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

The symphony is currently allocated toBIL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 14.28%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 12.75%. 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, and options.