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

About

Own Bitcoin after sharp short‑term drops. If bond yields just spiked, “buy the dip” in miners/blockchain (pick the one that fell more). Otherwise, park in cash‑like T‑Bills. Daily checks; TMF is used only as a signal for yield spikes.
NutHow it works
Each day: If Bitcoin (via IBIT) has fallen quickly over ~2 weeks, own IBIT. Otherwise, if long‑term Treasury prices just plunged (TMF down hard → yields spiked), buy the Bitcoin‑miner or blockchain ETF (WGMI or BLOK) that dropped the most. If neither, sit in T‑Bills (BIL).
CheckmarkValue prop
Nova blends tactical crypto exposure (BTC, miners) with yield-spike signals and a cash fallback. Out-of-sample: ~25.13% annualized vs S&P ~20.41%; Calmar ~1. Higher upside, but larger drawdowns and lower Sharpe than the S&P.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.550.840.120.35
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
44.04%19.07%-0.15%0.4%1.16
NOVA | IBIT RSI TMF WGMI checks
276.42%88.48%2.05%-3.53%1.81
Initial Investment
$10,000.00
Final Value
$37,641.75
Regulatory Fees
$52.64
Total Slippage
$324.94
Invest in this strategy
OOS Start Date
Sep 10, 2024
Trading Setting
Daily
Type
Stocks
Category
Crypto, bitcoin, tactical allocation, mean reversion, miners, blockchain equities, treasury-yield signal, risk-on/off, cash-like t-bills
Tickers in this symphonyThis symphony trades 5 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
BLOK
Amplify Blockchain Technology ETF
Stocks
IBIT
iShares Bitcoin Trust ETF
Stocks
TMF
Direxion Daily 20+ Year Treasury Bull 3X Shares (based on the NYSE 20 Year Plus Treasury Bond Index; symbol AXTWEN)
Stocks
WGMI
Valkyrie ETF Trust II CoinShares Bitcoin Mining 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.

"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 19.87%. 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, and options.