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Symphonies
Layer 3: Bull Market (v 1.1)
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Daily, rules-based rotation. In uptrends it rides Nasdaq/S&P unless moves get extreme, then shifts to a USD+gold hedge or short bursts of volatility exposure. In downtrends it mostly stays in that hedge, with occasional dip buys.
NutHow it works
First it checks if the S&P 500 is in a long‑term uptrend (price above its 200‑day average). In uptrends it mostly holds the Nasdaq or S&P 500, picking the one that looks less “stretched” using a hot/cold score (RSI, 0–100; >~79 hot, <~31 cold). After sharp drops or if things get too hot, it parks in a USD+gold mix (UUP/GLD) or briefly buys volatility (UVXY). In downtrends it mostly holds that USD+gold mix, with rare dip buys. Rebalances daily.
CheckmarkValue prop
Out-of-sample, this strategy delivers higher risk-adjusted returns than the S&P: ~55% annualized vs ~22%; Sharpe 1.60 vs 1.31; Calmar 1.71. It uses regime-driven equity tilts with USD/gold and volatility hedges to protect in turbulence (drawdowns may be larger).
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.720.630.060.24
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
620.2%14.76%-0.15%0.4%0.91
Layer 3: Bull Market (v 1.1)
3,268,440.87%106.43%4.78%2.6%1.84
Initial Investment
$10,000.00
Final Value
$326,854,086.98
Regulatory Fees
$905,953.27
Total Slippage
$6,496,966.98
Invest in this strategy
OOS Start Date
Sep 22, 2022
Trading Setting
Daily
Type
Stocks
Category
Tactical asset allocation, regime filter, etf rotation, leveraged etfs, volatility hedge, momentum and mean reversion
Tickers in this symphonyThis symphony trades 9 assets in total
Ticker
Type
GLD
SPDR Gold Trust, SPDR Gold Shares
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
SHY
iShares 1-3 Year Treasury Bond ETF
Stocks
SPXL
Direxion Daily S&P 500 Bull 3x Shares
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
SQQQ
ProShares UltraPro Short QQQ
Stocks
TQQQ
ProShares UltraPro QQQ
Stocks
UUP
Invesco DB US Dollar Index Bullish Fund
Stocks
UVXY
ProShares Ultra VIX Short-Term Futures 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.

"Layer 3: Bull Market (v 1.1) " is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Layer 3: Bull Market (v 1.1) " is currently allocated toSPY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Layer 3: Bull Market (v 1.1) " has returned 53.44%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Layer 3: Bull Market (v 1.1) " is 32.11%. 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 "Layer 3: Bull Market (v 1.1) ", 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.