Skip to Content
Symphonies
Layered Risk Algorithm - Primary Risk Appetite Test = European Financials ETF vs. Insurance ETF
Today’s Change
—

A symphony is an automated trading strategy — Learn more about symphonies here

About

A layered, regime‑switching strategy. It first compares European banks (EUFN) vs U.S. insurers (KIE) to gauge risk appetite, then uses short‑term “heat” and volatility signals to rotate among tech/financials, Treasuries, gold, commodities, and targeted hedges. Daily, high‑turnover; some leveraged ETFs.
NutHow it works
1) Mood check: which is stronger lately—European banks (EUFN) or U.S. insurers (KIE)? Banks leading = risk‑on; insurers leading = play defense. 2) Heat/panic tests: short‑term “too hot/too cold” scores (RSI) on the S&P/tech/junk bonds, plus volatility and bond/commodity trends. 3) Position: risk‑on buys semis/tech/financials; overheated adds hedges (VIX funds, Treasuries, gold); risk‑off shifts to staples/utilities/Treasuries or oil/gas trades and selective inverse ETFs. Rebalances daily; uses some leveraged funds.
CheckmarkValue prop
Out-of-sample edge: 27.04% annualized return with 9.20% max drawdown vs SPY's 18.58% return and 18.76% drawdown. Sharpe 1.41 vs 1.00; Calmar 2.94. A regime-switching, multi-asset approach for stronger risk-adjusted growth and downside protection.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.410.350.140.37
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
413.73%14.26%1.36%5.73%0.86
Layered Risk Algorithm - Primary Risk Appetite Test = European Financials ETF vs. Insurance ETF
23,725.85%56.17%3.72%7.98%2.83
Initial Investment
$10,000.00
Final Value
$2,382,584.99
Regulatory Fees
$12,110.03
Total Slippage
$76,778.80
Invest in this strategy
OOS Start Date
Oct 3, 2024
Trading Setting
Daily
Type
Stocks
Category
Regime-switching, multi-asset, risk-on/off, volatility-aware, trend+mean reversion, commodities & currencies, daily rebalanced, uses leveraged/short etfs
Tickers in this symphonyThis symphony trades 0 assets in total
Ticker
Type

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 toIAI, CWB, SOXX, QQQ, SVXY, KIE, XLE, ITA, SRSandGLD. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 27.04%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 9.20%. 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, crypto, and options.