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Symphonies
KMLM with SMH instead of XLK
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

All‑in switch between 3× long or 3× short the Nasdaq‑100. The toggle is driven by whether semiconductor stocks look stronger than a managed‑futures fund over ~2 weeks (10‑day RSI). Very aggressive and volatile.
NutHow it works
Each day it compares short‑term “speed” (10‑day RSI, a 0–100 score of recent ups vs downs) of: SMH: a fund of semiconductor stocks; and KMLM: a managed‑futures fund in commodities, currencies, and interest rates. Semis often lead tech; managed futures can shine in stress—used here as a risk‑on/risk‑off gauge. If SMH’s score is higher, it puts 100% in TQQQ (3× Nasdaq‑100). Otherwise it puts 100% in SQQQ (−3×). It only switches when the comparison flips. These are 3× daily‑leveraged funds—expect big swings.
CheckmarkValue prop
Cross-asset momentum toggling between +3x and −3x Nasdaq-100 via a short RSI signal (semis vs managed futures). In out-of-sample testing it delivers positive risk-adjusted performance (Sharpe ~0.50) with negative market beta, offering diversification when the S&P stalls.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
1.1-0.780.04-0.19
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
124.51%14.91%-0.91%3.54%0.92
KMLM with SMH instead of XLK
8,189.32%113.69%21%25.36%1.48
Initial Investment
$10,000.00
Final Value
$828,932.49
Regulatory Fees
$1,436.91
Total Slippage
$11,797.64
Invest in this strategy
OOS Start Date
Aug 15, 2024
Trading Setting
Threshold 10%
Type
Stocks
Category
Momentum timing, cross-asset signal, nasdaq-100, leveraged etfs, long/short, tactical allocation
Tickers in this symphonyThis symphony trades 4 assets in total
Ticker
Type
KMLM
KraneShares Mount Lucas Managed Futures Index Strategy ETF
Stocks
SMH
VanEck Semiconductor ETF
Stocks
SQQQ
ProShares UltraPro Short QQQ
Stocks
TQQQ
ProShares UltraPro QQQ
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 SMH instead of XLK" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"KMLM with SMH instead of XLK" is currently allocated toSQQQ. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "KMLM with SMH instead of XLK" has returned 10.98%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "KMLM with SMH instead of XLK" is 55.46%. 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 SMH instead of XLK", 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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