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Symphonies
MBND vs XLE
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Daily, switch 100% between QQQ and BTAL by comparing 10‑day “recent strength” of muni bonds (MBND) vs energy (XLE). If munis lead, go QQQ (tech). If energy leads, go defensive with BTAL. Designed to ride tech in falling‑rate regimes and de‑risk otherwise.
NutHow it works
Each day it compares a 10‑day “recent strength” score (RSI) for two markets: municipal bonds (MBND) and energy stocks (XLE). RSI is a 0–100 gauge of how much price has been rising vs falling lately. If munis score higher, 100% goes to QQQ (big tech). Otherwise, 100% goes to BTAL (defensive long‑low‑beta/short‑high‑beta). Rebalanced daily. Goal: own tech when falling rates help it, be defensive when energy leadership signals inflation/rising rates.
CheckmarkValue prop
Regime-aware 100% switch between QQQ and BTAL using MBND/XLE RSI. Seeks tech upside in falling-rate regimes and defense in inflation. Out-of-sample data are limited and show little/negative alpha vs SPY - primarily a diversification and risk-control tool.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.320.180.020.15
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
89.36%13.66%1.75%5.97%0.84
MBND vs XLE
399.16%38.03%10%6.71%1.76
Initial Investment
$10,000.00
Final Value
$49,916.23
Regulatory Fees
$128.51
Total Slippage
$773.44
Invest in this strategy
OOS Start Date
Jun 11, 2025
Trading Setting
Daily
Type
Stocks
Category
Tactical allocation, cross-asset momentum (rsi), daily switch, nasdaq-100 vs market-neutral, muni bonds vs energy
Tickers in this symphonyThis symphony trades 4 assets in total
Ticker
Type
BTAL
AGF U.S. Market Neutral Anti-Beta Fund
Stocks
MBND
State Street Nuveen Municipal Bond ETF
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
XLE
State Street Energy Select Sector SPDR 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.

"MBND vs XLE" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"MBND vs XLE" is currently allocated toQQQ. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "MBND vs XLE" has returned 11.58%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "MBND vs XLE" is 10.36%. 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 "MBND vs XLE", 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.