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Symphonies
KMLM with LETFs in the condition
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A momentum switch: if short‑term strength in semis/tech beats a trend‑following baseline (KMLM), buy 3x tech funds (SOXL/TECL); otherwise sit in T‑bills (BIL). Very high risk when in leveraged tech; low risk in cash-like BIL.
NutHow it works
It checks a 10‑day RSI (a 0–100 score of recent price strength; higher = stronger) for several items and compares each to KMLM (a trend‑following fund). In order: if SOXL (3x semis) beats KMLM, buy SOXL; else if TECL (3x tech) beats KMLM, buy TECL; else if USD or SMH beat KMLM, buy TECL; else hold BIL (T‑bills). Always 100% in one holding.
CheckmarkValue prop
Out-of-sample: 21.45% annualized vs SPY's 17.87%, via 3x leveraged tech/semis when momentum is strongest. Higher upside in tech rallies, but expect greater volatility and max drawdowns (~59%) with cash hedges when signals falter.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.72.320.30.55
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
94.96%13.63%-1.77%0.2%0.84
KMLM with LETFs in the condition
5,604.25%116.79%1.34%-1.89%1.43
Initial Investment
$10,000.00
Final Value
$570,424.68
Regulatory Fees
$1,602.17
Total Slippage
$10,350.60
Invest in this strategy
OOS Start Date
Aug 17, 2024
Trading Setting
Threshold 10%
Type
Stocks
Category
Momentum, tactical allocation, leveraged etfs, technology, semiconductors, cash/t‑bills, managed futures signal
Tickers in this symphonyThis symphony trades 6 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
KMLM
KraneShares Mount Lucas Managed Futures Index Strategy ETF
Stocks
SMH
VanEck Semiconductor ETF
Stocks
SOXL
Direxion Daily Semiconductor Bull 3X ETF
Stocks
TECL
Direxion Daily Technology Bull 3x ETF
Stocks
USD
ProShares Ultra Semiconductors
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 with LETFs in the condition" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"KMLM with LETFs in the condition" is currently allocated toBIL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "KMLM with LETFs in the condition" has returned 11.92%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "KMLM with LETFs in the condition" is 59.02%. 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 with LETFs in the condition", 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.