Skip to Content
Symphonies
Pick the Trending Commodity
Today’s Change
—

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

About

A monthly trend-following mix of commodities and bonds: six equal slices, each holds its commodity only if it outperformed 7–10 year US Treasuries (IEF) over the past month; otherwise that slice parks in IEF. Can range from 0% to 100% bonds.
NutHow it works
Each month the portfolio is split into 6 equal slices: gold (GLD), agriculture (DBA), base metals (DBB), oil (DBO), uranium miners (URA), and timber/forestry stocks (WOOD). For each slice, if it beat 7–10 yr US Treasuries (IEF) over the last ~1 month, hold it; otherwise hold IEF for that slice.
CheckmarkValue prop
Out-of-sample: Sharpe 0.86 (vs SPX 0.82), alpha ~6.7%/yr, max drawdown 15.6% vs 22%, beta 0.22. Inflation-sensitive, diversified real-asset trend mix offering better risk-adjusted downside protection with upside potential.

Loading backtest data...

Invest in this strategy
OOS Start Date
Feb 13, 2022
Trading Setting
Monthly
Type
Stocks
Category
Trend-following, commodities, bonds, momentum, tactical allocation, inflation-sensitive
Tickers in this symphonyThis symphony trades 7 assets in total
Ticker
Type
DBA
Invesco DB Agriculture Fund
Stocks
DBB
Invesco DB Base Metals Fund
Stocks
DBO
Invesco DB Oil Fund
Stocks
GLD
SPDR Gold Trust, SPDR Gold Shares
Stocks
IEF
iShares 7-10 Year Treasury Bond ETF
Stocks
URA
Global X Uranium ETF
Stocks
WOOD
iShares Global Timber & Forestry 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.

"Pick the Trending Commodity" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Pick the Trending Commodity" is currently allocated toDBOandIEF. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Pick the Trending Commodity" has returned 11.19%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Pick the Trending Commodity" is 15.65%. 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 "Pick the Trending Commodity", 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.