Skip to Content
Symphonies
Risk On or Risk Off Leveraged S&P 500 / NASDAQ | 59.7% AR | 28.3% DD | 2011-22 | HinnomTX mod
Today’s Change
—

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

About

Rules-based, risk-on/risk-off ETF rotation. Uses bond vs T‑bill strength to time leveraged tech/Nasdaq/S&P in good times, and switch to USD, gold, Treasuries, low‑volatility and staples when shaky. Quarterly checks; typically few trades per year.
NutHow it works
Quarterly process: 1) If broad bonds beat T‑bills over ~2 months: Risk‑On. Put most money in leveraged stock funds tied to tech/Nasdaq/S&P, picked by a short‑term strength score; keep a small cash buffer. 2) Otherwise: Risk‑Off. If long Treasuries trail T‑bills over ~1 month (rates rising), hold the U.S. dollar and either short Nasdaq or short long Treasuries. If not (rates falling), hold gold, long Treasuries, a low‑volatility fund, and consumer staples.
CheckmarkValue prop
Out-of-sample, this rules-based rotation delivers ~32.4% annualized return vs ~23% for the S&P, with Calmar ~0.78 and robust risk-on/off hedges. Higher upside with leverage, but expect larger drawdowns (~41.8%).
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.370.650.090.3
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
683.3%15.18%6.16%5.09%0.92
Risk On or Risk Off Leveraged S&P 500 / NASDAQ | 59.7% AR | 28.3% DD | 2011-22 | HinnomTX mod
39,037.99%50.67%-7.38%-5.77%1.31
Initial Investment
$10,000.00
Final Value
$3,913,798.87
Regulatory Fees
$1,185.79
Total Slippage
$7,525.24
Invest in this strategy
OOS Start Date
Oct 2, 2022
Trading Setting
Quarterly
Type
Stocks
Category
Tactical allocation, risk-on/risk-off, leveraged etfs, multi-asset, trend-based, defensive hedging, tech/growth, treasuries, usd, gold, consumer staples
Tickers in this symphonyThis symphony trades 13 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
BND
Vanguard Total Bond Market
Stocks
BTAL
AGF U.S. Market Neutral Anti-Beta Fund
Stocks
QID
ProShares UltraShort QQQ
Stocks
TBF
ProShares Short 20+ Year Treasury ETF
Stocks
TECL
Direxion Daily Technology Bull 3x ETF
Stocks
TLT
iShares 20+ Year Treasury Bond ETF
Stocks
TMF
Direxion Daily 20+ Year Treasury Bull 3X ETF
Stocks
TQQQ
ProShares UltraPro QQQ
Stocks
UGL
ProShares Ultra Gold
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 toUUPandQID. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 29.76%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 41.81%. 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.