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Symphonies
Pershing Square - (AR: 113.5%, MDD: 17.3%) 20% VIX Frontrunner & BDRY Short Indicator & Short Hedge
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Mostly owns Pershing Square’s picks. When markets look overheated on a short‑term gauge (RSI), it adds a 20% volatility hedge (UVXY). If shipping rates are firm (BDRY) or stocks are oversold, it stays long; otherwise it rotates into short/defensive ETFs using quick trend checks.
NutHow it works
Core: a basket of Pershing Square’s stocks (Hilton, Chipotle, Google, etc.). RSI (a 0–100 “speedometer” of recent gains): if many indexes/sectors read very hot (RSI ≳80), stay in the basket but add a 20% fear hedge (UVXY), which jumps when volatility spikes. If a shipping‑rate gauge (BDRY) is firm or the S&P 500 is washed‑out (RSI <30), stay bullish. Otherwise flip defensive using inverse ETFs (e.g., SQQQ/SPXU), guided by short‑term trend and bond strength.
CheckmarkValue prop
Out-of-sample edge: ~25.2% annual return vs ~17.3% for the S&P, 14.8% max drawdown vs 18.8%, Sharpe ~0.97, beta ~0.23. Higher upside with lower risk and a built-in volatility hedge from Pershing Square picks.
1M
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YTD
1Y
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Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.720.210.020.13
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
177.22%14.66%1.36%5.73%0.79
Pershing Square - (AR: 113.5%, MDD: 17.3%) 20% VIX Frontrunner & BDRY Short Indicator & Short Hedge
18,745.9%101.98%10.46%7.73%2.4
Initial Investment
$10,000.00
Final Value
$1,884,590.48
Regulatory Fees
$4,758.21
Total Slippage
$30,852.04
Invest in this strategy
OOS Start Date
Sep 30, 2024
Trading Setting
Threshold 10%
Type
Stocks
Category
Tactical allocation,long/short,volatility hedge,momentum timing (rsi),macro signal,leveraged etfs,concentrated equities
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.

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

The symphony is currently allocated toGOOGL, BN, QSR, CP, HLT, CMG, NKEandHHH. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 25.17%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 14.80%. 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, crypto, and options.