Skip to Content
Symphonies
Market-regime: LQD vs SPY
Today’s Change
—

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

About

A daily on/off switch: if corporate bonds (LQD) show stronger short‑term price strength than stocks (SPY), own SPY; otherwise sit in T‑bills (BIL). Uses an RSI momentum gauge to judge market risk.
NutHow it works
Each day, compare a short-term strength score (RSI: a 0–100 measure of recent price gains/losses). • If LQD (investment‑grade corporate bonds) has a higher RSI than SPY (US stocks), buy SPY. • Otherwise hold BIL (1–3‑month T‑bills). Exposure: SPY = broad US large‑caps; BIL = cash‑like. Recheck daily; trade only when the signal flips.
CheckmarkValue prop
Out-of-sample, this strategy beats the S&P 500 on risk-adjusted returns: Sharpe ~1.17 vs 0.97, annualized return ~19.77% vs 19.18%, and drawdown ~14.3% vs 18.8%. RSI-driven SPY/BIL regime switching protects gains.

Loading backtest data...

Invest in this strategy
OOS Start Date
Jan 7, 2025
Trading Setting
Daily
Type
Stocks
Category
Tactical allocation, regime filter, momentum (rsi), equity vs t-bills, credit signal (lqd), daily rebalance
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.

"Market-regime: LQD vs SPY" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Market-regime: LQD vs SPY" is currently allocated toBIL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Market-regime: LQD vs SPY" has returned 19.77%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Market-regime: LQD vs SPY" is 14.33%. 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 "Market-regime: LQD vs SPY", 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.