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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

Goes risk-on only when bonds look weak and bearish tech looks strong; otherwise parks in T‑bills. If active, it buys inverse, leveraged bets against biotech and long Treasuries, gated by a trend proxy (KMLM). Daily, high risk.
NutHow it works
Each day it asks: Are bonds weak now and is “short tech” strong? It uses an RSI score (a 0–100 “recent strength” measure) on IEF (7–10Y Treasuries, 8‑day) and PSQ (−1x Nasdaq‑100, 45‑day). If IEF’s score is lower, it invests; else it holds BIL (T‑Bills). When investing, it splits between LABD (−3x biotech) and TMV (−3x long Treasuries) only if each looks weaker than KMLM (a trend‑following managed‑futures ETF). Very risky; rebalanced daily.
CheckmarkValue prop
Out-of-sample edge: ~31% annualized return with ~15% max drawdown vs SPY ~19%/19%; Sharpe 1.37 vs 1.14; Calmar ~2.04. Negative beta offers diversification, and risk-off timing aims for better downside control.

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Invest in this strategy
OOS Start Date
Mar 18, 2024
Trading Setting
Daily
Type
Stocks
Category
Tactical allocation, momentum (rsi), inverse etfs, leveraged etfs, trend following, risk-on/off, daily rebalance
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 Shares
Stocks
PSQ
ProShares Short QQQ
Stocks
TMV
Direxion Daily 20+ Year Treasury Bear 3X Shares (based on the NYSE 20 Year Plus Treasury Bond Index; symbol AXTWEN)
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 toTMVandLABD. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 34.15%. 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, and options.