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Symphonies
Leveraged Golden Butterfly (17% APY 44% DD) Since 1992
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A simple, leveraged “all‑weather” mix: 36% 3x U.S. stocks (UPRO), 36% 3x 7–10y Treasuries (TYD), 28% 2x gold (UGL), rebalanced quarterly. Aims to shine in varied economies but with very large ups and downs; backtested results, not live since 1992.
NutHow it works
Hold three funds and keep them near fixed weights: 36% UPRO (aims for 3x the daily move of the S&P 500), 36% TYD (3x the daily move of 7–10 year U.S. Treasury bonds), 28% UGL (2x the daily move of gold). Every 3 months, sell what’s above target and buy what’s below to reset to those weights.
CheckmarkValue prop
All-weather, rules-based mix: 3x S&P, 3x bonds, 2x gold; quarterly rebalance. Out-of-sample: 37.7% annual return vs 21.3% for the S&P; Sharpe ~1.61 vs 1.33; Calmar ~1.84 - higher growth with disciplined diversification.

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Invest in this strategy
OOS Start Date
Jul 8, 2023
Trading Setting
Quarterly
Type
Stocks
Category
Leveraged multi-asset, all-weather, stocks-bonds-gold, quarterly rebalance, risk-parity-inspired
Tickers in this symphonyThis symphony trades 3 assets in total
Ticker
Type
TYD
Direxion Daily 7-10 Year Treasury Bull 3X Shares (based on the NYSE 7-10 Year Treasury Bond Index symbol AXSVTN)
Stocks
UGL
ProShares Ultra Gold
Stocks
UPRO
ProShares UltraPro S&P 500
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.

The symphony is currently performing the same as yesterday today. Performance updates in real time during market hours.

The symphony is currently allocated toTYD, UGLandUPRO. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 37.73%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 20.50%. 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.