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Symphonies
IALT and Friends
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

An equal‑weight, daily‑rebalanced basket of alternative ETFs—mainly trend‑following futures plus hedged equity—built to diversify away from traditional stock/bond risk.
NutHow it works
It splits your money evenly across five “alternative” ETFs and rebalances back to equal weight every day. - Two funds (CTA, DBMF) follow price trends in futures (can profit in up or down moves). - The other three (IALT, QALT, CLSE) are hedged/alternative stock strategies aiming to move differently than the S&P 500.
CheckmarkValue prop
Diversify and cushion risk: In out-of-sample tests, this 5-ETF alt basket shows a smaller drawdown than the S&P 500 (about 2.28% vs 2.38%), and provides uncorrelated stock exposure, helping your portfolio weather volatility better than pure equities.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.150.230.130.36
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
10.71%19.34%4.34%11.4%1.38
IALT and Friends
11.75%21.29%-0.86%2.38%2.25
Initial Investment
$10,000.00
Final Value
$11,174.81
Regulatory Fees
$4.25
Total Slippage
$2.60
Invest in this strategy
OOS Start Date
Jun 17, 2026
Trading Setting
Daily
Type
Stocks
Category
Alternatives, managed futures, long/short equity, market neutral, diversification, daily rebalanced
Tickers in this symphonyThis symphony trades 5 assets in total
Ticker
Type
CLSE
Convergence Long/Short Equity ETF
Stocks
CTA
Simplify Managed Futures Strategy ETF
Stocks
DBMF
iMGP DBi Managed Futures Strategy ETF
Stocks
IALT
iShares Systematic Alternatives Active ETF
Stocks
QALT
SEI DBi Multi-Strategy Alternative 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.

"IALT and Friends" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"IALT and Friends" is currently allocated toCTA, CLSE, DBMF, IALTandQALT. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "IALT and Friends" has returned -4.40%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "IALT and Friends" is 2.28%. 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 "IALT and Friends", 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.