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

About

A daily, two-asset momentum-based strategy that toggles between NAIL (levered housing exposure) and BIL (short-term Treasuries) based on Nasdaq-100 momentum over the last 10 days. It aims for growth in calm markets and safety in extreme moves.
NutHow it works
- The strategy rebalances daily between two assets: NAIL (a 3x levered bet on homebuilders) and BIL (short-term U.S. Treasuries). - It measures QQQ’s cumulative return over the last 10 periods (roughly 10 trading days) as a momentum proxy. - If QQQ’s 10-day return is between -1 and 1 (a moderate move), it allocates to NAIL (risk-on exposure). - If QQQ’s 10-day return is outside that range (a strong move up or down), it shifts toward BIL (risk-off/safety). - The weights are set to be equal among the assets that are active (cash-equal weighting), with daily rebalance. - In plain terms: in normal momentum conditions you tilt to a levered housing exposure; in extreme momentum conditions you move to a safe cash-like exposure to protect capital.
CheckmarkValue prop
Twist: Out-of-sample return modestly beats S&P 500 (19.05% vs 18.93%) with a built-in risk-off shield during extremes. Daily rebalancing between 3x NAIL and BIL targets growth in calm markets and capital preservation in spikes, with lower beta.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.280.290.030.16
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
284.19%13.61%-1.77%0.2%0.8
NAILBOT
1,646.25%31.13%-14.85%20.39%0.99
Initial Investment
$10,000.00
Final Value
$174,624.66
Regulatory Fees
$811.93
Total Slippage
$5,363.13
Invest in this strategy
OOS Start Date
Apr 2, 2024
Trading Setting
Daily
Type
Stocks
Category
Leveraged equity, tactical allocation, momentum-based, risk-on/off switch
Tickers in this symphonyThis symphony trades 3 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
NAIL
Direxion Daily Homebuilders & Supplies Bull 3X ETF
Stocks
QQQ
Invesco QQQ Trust, Series 1
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.

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

"NAILBOT" is currently allocated toBIL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "NAILBOT" has returned 12.88%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "NAILBOT" is 38.59%. 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 "NAILBOT", 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.