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

About

A switch‑on risk‑off strategy. When bonds look weak and inverse‑Nasdaq looks strong, it may short biotech and long‑term Treasuries via leveraged ETFs; if signals disagree, it stays in T‑Bills. KMLM acts as a trend confirmation before each trade.
NutHow it works
Daily, it checks a simple “recent-strength” score: if 7–10yr Treasuries look weak while inverse‑Nasdaq looks strong, it turns on. Then it tries two bets—against biotech (LABD) and against long bonds (TMV)—but only if a trend fund (KMLM, managed futures) also looks strong. Otherwise it holds T‑Bills (BIL).
CheckmarkValue prop
Out-of-sample, this risk-off strategy delivers ~34.9% annualized return with a 1.50 Sharpe and negative beta, while max drawdown is ~15.2%—better downside protection than the S&P (~19.6% return, 1.13 Sharpe, ~18.8% drawdown).

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Invest in this strategy
OOS Start Date
Mar 18, 2024
Trading Setting
Daily
Type
Stocks
Category
Inverse momentum, leveraged etfs, biotech short, treasury short, regime filter, managed futures (kmlm), t-bills cash
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 toBIL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 34.85%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 15.17%. 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.