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Symphonies
Protected Leverage v2.4c 3x S&P 500 / NASDAQ v1.1 + Fund Surfing - K-1 Free
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily “risk switch” that uses bonds to judge stress. In calm times it rotates into 3x S&P/Nasdaq, buying the more oversold of the two. In stress it shifts to cash‑like bonds, USD, long/short defensives, commodities, or shorts; rate regime guides bond longs vs shorts.
NutHow it works
First, ask: are bonds up over ~11 weeks (BND > 0%)? If yes (calmer), split into two slices. When volatility is low/moderate, each slice buys either 3x S&P (UPRO) or 3x Nasdaq (TQQQ) — whichever looks more “oversold” by RSI (a simple gauge of recent pressure; low = just fell). If vol spikes, that slice parks in SHY (cash‑like). If bonds are weak (stress), check rates. Rising rates: favor strong‑USD, commodities/market‑neutral and some inverse funds; if tech is extremely washed‑out, briefly buy a rebound (TQQQ) while shorting long bonds (TMV). Falling rates: hold long Treasuries (TMF), defensive stocks (XLP), anti‑beta (BTAL), and USD (USDU).
CheckmarkValue prop
Out-of-sample, this strategy posts ~36.7% annualized return vs ~21% for the S&P, with a resilient risk-on/off framework and ~1.08 Sharpe. Dynamic hedges (bonds/USD/defensives) aim for big upside while dampening stress—though drawdowns can be larger.

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Invest in this strategy
OOS Start Date
Jun 20, 2023
Trading Setting
Daily
Type
Stocks
Category
Tactical allocation, risk on/off, volatility targeting, leveraged etfs, rsi contrarian, macro hedging, k-1 free
Tickers in this symphonyThis symphony trades 20 assets in total
Ticker
Type
BND
Vanguard Total Bond Market
Stocks
BTAL
AGF U.S. Market Neutral Anti-Beta Fund
Stocks
FXY
Invesco CurrencyShares Japanese Yen Trust
Stocks
HDGE
AdvisorShares Ranger Equity Bear ETF
Stocks
HEFA
iShares Currency Hedged MSCI EAFE ETF
Stocks
PDBC
Invesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
Stocks
SHY
iShares 1-3 Year Treasury Bond ETF
Stocks
SJB
ProShares Short High Yield
Stocks
SPY
SPDR S&P 500 ETF Trust
Stocks
SQQQ
ProShares UltraPro Short QQQ
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 toUSDU, TMF, BTALandXLP. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 36.69%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 44.58%. 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.