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

About

Daily, rotate among UPRO (3× S&P 500), SHY (1–3 yr Treasuries), and BIL (1–3 mo T‑bills). Use a 1% volatility filter on SPY; in calm markets, buy dips in stocks via UPRO when stocks look weaker than Treasuries (RSI). Otherwise, stay in Treasuries.
NutHow it works
Each day the strategy: 1) Checks if the S&P 500 (SPY) has been calm: past‑14‑day daily swings under ~1%. If not calm, hold BIL (1–3 month T‑bills). 2) If calm, compare recent “heat” (RSI) of SPY vs SHY (1–3 yr Treasuries). RSI is a 0–100 score; low = more sold‑off. - If SPY’s RSI is lower, buy UPRO (3× S&P 500) to “buy the dip.” - Else, hold SHY.
CheckmarkValue prop
Out-of-sample, this strategy beats the S&P 500 on risk-adjusted return (Sharpe ~1.86 vs ~1.29), delivers far more upside (~48% annualized) with lower drawdown (~17.9% vs 18.8%), and a lower beta (~0.65) than the S&P 500.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.170.450.150.39
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
911.49%15.02%2.19%5.01%0.9
New Symphony
3,793.95%24.79%5.97%8.54%1.2
Initial Investment
$10,000.00
Final Value
$389,394.66
Regulatory Fees
$1,482.72
Total Slippage
$9,133.25
Invest in this strategy
OOS Start Date
Dec 24, 2023
Trading Setting
Daily
Type
Stocks
Category
Tactical asset allocation, volatility filter, mean reversion, regime switching, leveraged equities, treasuries, risk-managed
Tickers in this symphonyThis symphony trades 4 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
SHY
iShares 1-3 Year Treasury Bond ETF
Stocks
SPY
SPDR S&P 500 ETF Trust
Stocks
UPRO
ProShares UltraPro S&P 500
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.

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

"New Symphony" is currently allocated toSHY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "New Symphony" has returned 48.07%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "New Symphony" is 17.87%. 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 "New 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, crypto, and options.