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Symphonies
OG 2x edition of v1.1 of Risk On/Risk Off Hedgefundie (No K-1)
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A rules-based, “safer HFEA” that buys dips in 2x stock ETFs in normal times, runs 70/30 2x stocks/3x Treasuries when rates fall, and retreats to T‑bills, long USD, or inverse hedges during crashes or rising‑rate regimes. Avoids K‑1 ETFs.
NutHow it works
1) If volatility spikes (VIXM’s RSI—a 0–100 “heat meter” of recent moves—>~70), park in short‑term Treasuries (SHY). 2) Else, if bonds beat cash over 60 days, buy the 3 most sold‑off 2x stock funds (Nasdaq/S&P/Tech/Semis/Dow) or TLT. 3) Else, if long bonds lag cash (rising rates), hold US dollar (USDU) + a hedge (SDS or TBF). 4) Else (falling rates), run 70% SSO + 30% TMF unless a fresh >5% drop, then sit in BIL ~1 month.
CheckmarkValue prop
Out-of-sample: 23.64% annualized return vs SPY’s 22.26%, with crash hedges and regime-switching to protect in volatility. Drawdowns can be larger in downturns, but hedges aim to limit losses.

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Invest in this strategy
OOS Start Date
Oct 23, 2022
Trading Setting
Threshold 15%
Type
Stocks
Category
Tactical, regime-switching, leveraged etfs, risk-on/risk-off, volatility filter, rates-aware, dollar hedge, no k-1
Tickers in this symphonyThis symphony trades 15 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
BND
Vanguard Total Bond Market
Stocks
DDM
ProShares Ultra Dow30
Stocks
QLD
ProShares Ultra QQQ
Stocks
ROM
ProShares Ultra Technology
Stocks
SDS
ProShares UltraShort S&P500
Stocks
SHY
iShares 1-3 Year Treasury Bond ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
SSO
ProShares Ultra S&P500
Stocks
TBF
ProShares Short 20+ Year Treasury 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.

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

The symphony is currently allocated toROM, DDMandUSD. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 22.92%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 42.19%. 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 the 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, and options.