Skip to Content
Symphonies
Monthly JNK canary
Today’s Change
—

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

About

Monthly, rules-based plan: keep 30% in a safety mix (dollar, gold, short Treasuries). Move the other 70% among 2x S&P 500, 3x long Treasuries, a volatility spike hedge, or the same safety mix based on simple “hot/cold” and trend checks (JNK vs BIL; SPY; TLT).
NutHow it works
Every month: 30% stays split evenly in a safety basket—UUP (US dollar), GLD (gold), SHY (short‑term Treasuries). For the other 70%: - If SPY looks very “hot” (a 14‑day momentum speedometer is high), buy UVXY (jumps when fear spikes). - Else if junk bonds (JNK) beat cash‑like bills (BIL) over 1 month, buy SSO (2x S&P 500). - Else if long Treasuries (TLT) trend up over 3 months, buy TMF (3x Treasuries). - Else if SPY looks very “cold,” buy SSO; otherwise use the safety basket.
CheckmarkValue prop
Out-of-sample, this strategy outperforms the S&P on a risk-adjusted basis with lower risk: Sharpe ~1.61 vs 1.42; annualized return ~36% vs ~23%; max drawdown ~12% vs ~19%; Calmar ~3x; beta ~0.62. Higher upside, less risk.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.250.240.030.18
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
654.26%14.99%-4.19%-3.74%0.92
Monthly JNK canary
4,260.7%29.82%-3.62%-3.73%1.28
Initial Investment
$10,000.00
Final Value
$436,069.75
Regulatory Fees
$1,301.09
Total Slippage
$7,767.92
Invest in this strategy
OOS Start Date
Jan 6, 2023
Trading Setting
Daily
Type
Stocks
Category
Tactical asset allocation,risk-on/risk-off,momentum,contrarian,leveraged etfs,volatility hedge,bonds,gold,us dollar
Tickers in this symphonyThis symphony trades 10 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
GLD
SPDR Gold Trust, SPDR Gold Shares
Stocks
JNK
State Street SPDR Bloomberg High Yield Bond ETF
Stocks
SHY
iShares 1-3 Year Treasury Bond ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
SSO
ProShares Ultra S&P500
Stocks
TLT
iShares 20+ Year Treasury Bond ETF
Stocks
TMF
Direxion Daily 20+ Year Treasury Bull 3X ETF
Stocks
UUP
Invesco DB US Dollar Index Bullish Fund
Stocks
UVXY
ProShares Ultra VIX Short-Term Futures 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.

"Monthly JNK canary" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Monthly JNK canary" is currently allocated toGLD, SHYandUUP. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Monthly JNK canary" has returned 30.48%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Monthly JNK canary" is 12.01%. 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 "Monthly JNK canary", 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.