Skip to Content
Symphonies
NOVA | Protus IBIT + Bond Miners
Today’s Change
—

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

About

A contrarian crypto rotation: use IBIT’s 10‑day “heat” (RSI) to flip between 2× long Bitcoin, 2× inverse Bitcoin, or—when neutral—own crypto‑equity funds only if bonds are stressed; otherwise park in T‑Bills.
NutHow it works
It watches IBIT (a spot Bitcoin fund) with a 0–100 “heat” gauge of the last 10 days (RSI). If IBIT looks cold (<35), buy a 2× Bitcoin fund (BITX/BITU), picking the more beaten‑down one. If it looks hot (>62), buy a 2× inverse Bitcoin fund (SBIT). Otherwise, if long bonds (TMF) just fell ~10%+, buy crypto‑stock funds (BLOK/WGMI). If not, sit in T‑Bills (BIL).
CheckmarkValue prop
Disciplined, single-position crypto-rotation with a cash fallback. Out-of-sample, it trails the S&P (-1.72% vs +21%), but offers potential diversification and regime-driven exposure when markets shift.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.690.610.030.18
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
38.7%22.09%1.2%6.23%1.24
NOVA | Protus IBIT + Bond Miners
187.59%90.51%-6.6%6.5%1.38
Initial Investment
$10,000.00
Final Value
$28,758.77
Regulatory Fees
$69.42
Total Slippage
$435.33
Invest in this strategy
OOS Start Date
Sep 11, 2024
Trading Setting
Threshold 5%
Type
Stocks
Category
Crypto, bitcoin, miners, mean-reversion, tactical rotation, leveraged etfs, risk-on/off, bonds signal, single-position
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 | Protus IBIT + Bond Miners" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"NOVA | Protus IBIT + Bond Miners" is currently allocated toBIL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "NOVA | Protus IBIT + Bond Miners" has returned -6.98%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "NOVA | Protus IBIT + Bond Miners" is 45.95%. 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 | Protus IBIT + Bond Miners", 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.