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Symphonies
KMLM | SPYU instead of Technology |
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily, all-in tech-strategy: if RSI(XLK,10) > RSI(KMLM,10) you go long SPYU; otherwise you go long TECS (3x tech inverse). It’s a binary, momentum-driven tech bet with full allocation to the chosen ETF each day.
NutHow it works
- Each day, evaluate two RSI signals over 10 days: RSI(XLK, 10) and RSI(KMLM, 10). - If RSI(XLK, 10) > RSI(KMLM, 10), the system buys SPYU (long tech) with full weight for that day. - If RSI(XLK, 10) <= RSI(KMLM, 10), the system buys TECS (tech bear 3x) with full weight for that day. - The allocation is 100% to the chosen asset (no blending) and is reset daily (daily rebalance). - The strategy focuses on technology exposure and replaces a broader tech benchmark with SPYU as the long instrument when the condition is met. - Risks include concentration risk, leverage decay/volatility in TECS, potential whipsaws from short RSI windows, and sensitivity to the RSI choice and proxies (XLK vs KMLM).
CheckmarkValue prop
Tech-momentum strategy offers higher out-of-sample returns (≈21.4% vs 20.1% for the S&P) with negative beta and positive alpha, delivering diversification. Note the larger drawdowns (≈53% vs 19%)—risk tolerance required.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
1.24-1.220.09-0.29
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
51.15%20%-1.77%0.2%1.23
KMLM | SPYU instead of Technology |
473.07%116.08%-1.08%-5.48%1.51
Initial Investment
$10,000.00
Final Value
$57,306.59
Regulatory Fees
$86.68
Total Slippage
$499.88
Invest in this strategy
OOS Start Date
Aug 14, 2024
Trading Setting
Daily
Type
Stocks
Category
Technology, momentum, etfs, daily rebalancing, quantitative, long/inverse exposure
Tickers in this symphonyThis symphony trades 4 assets in total
Ticker
Type
KMLM
KraneShares Mount Lucas Managed Futures Index Strategy ETF
Stocks
SPYU
MAX S&P 500 4x Leveraged ETN
Stocks
TECS
Direxion Daily Technology Bear 3x ETF
Stocks
XLK
State Street Technology Select Sector SPDR 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.

"KMLM | SPYU instead of Technology |" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"KMLM | SPYU instead of Technology |" is currently allocated toTECS. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "KMLM | SPYU instead of Technology |" has returned 36.53%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "KMLM | SPYU instead of Technology |" is 52.80%. 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 "KMLM | SPYU instead of Technology |", 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.