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Symphonies
Mining Leads Commodities (and thus bonds / inflation)
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily, regime-switching macro strategy: let miners lead to choose inflation vs disinflation playbooks, then use momentum and overbought/oversold checks to tilt across commodities, bonds, currencies, sectors, and volatility hedges.
NutHow it works
First it asks: are metals/miners trending up? If yes, it assumes an inflation backdrop and uses an “inflation” playbook (energy, oil, broad commodities, stronger USD vs euro/yen), adding hedges when stocks look overheated. If not, it uses a “disinflation” playbook (Treasuries, defensives, quality tech; often shorts oil/nat‑gas/EM). Simple trend and “hot/cold” checks (EMA/RSI) fine‑tune entries, with special rules for bonds and natural gas. Rebalanced daily.
CheckmarkValue prop
Out-of-sample edge: 25.7% annualized return vs SPY 21.6%; max drawdown 9.4% vs 14.7%; Sharpe ~1.25; Calmar 2.74; beta ~0.69. Daily regime-switching macro strategy across commodities, bonds, currencies aims for higher, steadier risk-adjusted growth.

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Invest in this strategy
OOS Start Date
Mar 3, 2025
Trading Setting
Daily
Type
Stocks
Category
Macro, regime-switching, momentum, mean reversion, commodities, bonds, currencies, volatility, tactical, multi-asset
Tickers in this symphonyThis symphony trades 80 assets in total
Ticker
Type
ACWI
iShares MSCI ACWI ETF
Stocks
AMLP
Alerian MLP ETF
Stocks
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
BIS
ProShares UltraShort NASDAQ Biotechnology
Stocks
BIZD
VanEck BDC Income ETF
Stocks
BTAL
AGF U.S. Market Neutral Anti-Beta Fund
Stocks
BZQ
ProShares UltraShort MSCI Brazil Capped
Stocks
CWB
State Street SPDR Bloomberg Convertible Securities ETF
Stocks
DBA
Invesco DB Agriculture Fund
Stocks
DBC
Invesco DB Commodity Index Tracking Fund
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 toXME, EEV, RWM, IAI, YCS, DBA, USL, SOXX, SMH, QQQ, DBC, KIE, XLB, BTAL, TBT, XLE, SRS, EUO, BIS, TMV, UNL, XLPandVEGI. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 25.69%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 9.37%. 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, and options.
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Securities products and brokerage services are offered by Composer Securities LLC, a broker-dealer registered with the SEC and member of FINRA / SIPC. Composer Securities LLC and Composer Technologies Inc. are separate but affiliated companies. Accounts are carried and securities execution, clearance and settlement services are provided by Alpaca Securities LLC, and Apex Clearing Corporation, SEC-registered broker-dealers and members of FINRA / SIPC. Alpaca Securities is a wholly-owned subsidiary of AlpacaDB, Inc. Apex Clearing Corporation, is a wholly-owned subsidiary of Apex Fintech Solutions Inc. Check the background of Composer Securities LLC, Alpaca Securities LLC, and Apex Clearing Corporation on FINRA BrokerCheck . This is not an offer, solicitation of an offer, or advice to buy or sell securities or open a brokerage account in any jurisdiction where Composer Securities is not registered. Securities products offered by Composer Securities are not FDIC insured

With any investment, your capital is at risk. The value of your portfolio with Composer can go down as well as up. Past performance is no guarantee of future results. By using this website, you accept our Terms of Service, Privacy Policy, and Payment Agreement.

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Keep in mind, investing involves risk. Examples are for illustrative purposes and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security. Past performance is no guarantee of future results.

Online trading has inherent risk due to system response, execution price, speed, liquidity, market data and access times that may vary due to market conditions, system performance, market volatility, size and type of order and other factors. An investor should understand these and additional risks before trading.

Options trading involves significant risk and is not appropriate for all investors. Prior to buying or selling an option with Composer Securities LLC, please read the "Characteristics and Risks of Standardized Options," also known as the Options Disclosure Document (ODD). You can access the ODD by clicking here. Options transactions are often complex and can expose investors to potentially rapid and substantial losses. In some cases, you may lose your entire investment in a relatively short period. Furthermore, certain complex options strategies carry additional risk, including the potential for losses that may exceed your original investment amount.

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Securities products are: Not FDIC insured · Not bank guaranteed · May lose value

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