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Symphonies
Inverse- Hold or Invest|8d IEF RSI vs 45d PSQ RSI + KMLM RSI
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A cautious market-timing strategy that usually sits in Treasury bills, but may make short-term bets against biotech stocks and long-term bonds when defensive market signals appear.
NutHow it works
Each day, this strategy first asks: do market signals look defensive? It compares recent strength in government bonds (IEF) with an anti-tech fund (PSQ). If the answer is no, it parks in very short-term Treasury bills (BIL). If yes, it may bet against biotech stocks (LABD) and/or against long-term bonds (TMV), but only if each one looks weak relative to KMLM, a crisis-friendly trend fund. Otherwise, it stays in BIL.
CheckmarkValue prop
Out-of-sample edge: ~34.5% annual return vs SPY ~18.3%; Sharpe ~1.33 vs ~1.15; negative SPY beta lowers correlation; Calmar ~1.80 signals strong risk-adjusted resilience with defensive cash and tactical hedges.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.58-0.810.16-0.4
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
122.17%14.9%-0.05%3.57%0.92
Inverse- Hold or Invest|8d IEF RSI vs 45d PSQ RSI + KMLM RSI
893.06%49.11%13.64%23.73%1.36
Initial Investment
$10,000.00
Final Value
$99,306.31
Regulatory Fees
$226.95
Total Slippage
$1,708.66
Invest in this strategy
OOS Start Date
Mar 18, 2024
Trading Setting
Daily
Type
Stocks
Category
Tactical asset allocation, inverse etfs, leveraged etfs, defensive, market timing, risk-off, bonds, biotech, managed futures
Tickers in this symphonyThis symphony trades 6 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
IEF
iShares 7-10 Year Treasury Bond ETF
Stocks
KMLM
KraneShares Mount Lucas Managed Futures Index Strategy ETF
Stocks
LABD
Direxion Daily S&P Biotech Bear 3X ETF
Stocks
PSQ
ProShares Short QQQ
Stocks
TMV
Direxion Daily 20+ Year Treasury Bear 3X 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 34.41%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 19.12%. 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.
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