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Symphonies
NOVA | IBIT RSI TMF WGMI checks
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Buys Bitcoin on short‑term dips. If bond yields just spiked, rotates into the most sold‑off crypto‑miners ETF. When neither setup is present, parks in T‑bills. Rebalanced daily.
NutHow it works
Daily checks decide what to hold: 1) If Bitcoin (IBIT, a spot Bitcoin ETF) looks washed out (10‑day RSI < 32—a gauge of recent selling), buy IBIT. 2) Else, if long Treasuries (TMF, 3x 20+yr) just dropped ~10%+—a sign yields spiked—buy the more beaten‑down crypto‑miners ETF (WGMI or BLOK). 3) Else, hold BIL (T‑bills).
CheckmarkValue prop
Out-of-sample edge: ~27.8% annualized return vs SPY ~21%, Calmar ~1.10. A tactical BTC/miner rotation that buys Bitcoin on dips and times miners on rate spikes, with T-bill cash when no signals. Higher upside, but larger drawdowns.

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Invest in this strategy
OOS Start Date
Sep 10, 2024
Trading Setting
Daily
Type
Stocks
Category
Crypto, bitcoin, crypto miners, tactical allocation, rsi momentum, rate-spike signal, risk-on/off, daily rebalance, cash fallback
Tickers in this symphonyThis symphony trades 0 assets in total
Ticker
Type

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.

"NOVA | IBIT RSI TMF WGMI checks" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"NOVA | IBIT RSI TMF WGMI checks" is currently allocated toBIL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "NOVA | IBIT RSI TMF WGMI checks" has returned 27.80%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "NOVA | IBIT RSI TMF WGMI checks" is 25.26%. 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 "NOVA | IBIT RSI TMF WGMI checks", 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.