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Symphonies
Risk On or Risk Off Leveraged S&P 500 / NASDAQ | 59.7% AR | 28.3% DD | 2011-22 | HinnomTX mod
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A rules-based risk-on/risk-off plan: when bonds look healthy, it leans into leveraged stock funds; when they don’t, it shifts to USD, Treasuries, gold, defensive stocks, or inverse hedges. Rebalanced quarterly; trades only a few times a year.
NutHow it works
Each quarter it asks: are bonds (BND) beating T‑bills (BIL) over ~60 days? If yes (risk‑ON), own three of {TECL=3x tech, TQQQ=3x Nasdaq‑100, UPRO=3x S&P 500, TMF=3x long Treasuries}, dropping the one that looks hottest by a short‑term “heat meter” (RSI). If no (risk‑OFF): if long Treasuries (TLT) trail T‑bills (rates rising), hold UUP (strong USD) and mostly one hedge: QID (inverse Nasdaq) or TBF (short long Treasuries). Otherwise (rates falling), hold UGL (2x gold), TMF, BTAL (low‑vol vs high‑vol), XLP. Trades few times/yr.
CheckmarkValue prop
Out-of-sample, this strategy targets higher growth (34% vs SPY’s 23%) with a disciplined risk-on/off framework that shifts to leveraged equities or hedges as bonds signal strength. Diversified with Calmar ~0.81.

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Invest in this strategy
OOS Start Date
Oct 2, 2022
Trading Setting
Quarterly
Type
Stocks
Category
Tactical asset allocation, risk-on/risk-off, trend following, leveraged etfs, equities, treasuries, gold, usd, defensive, inverse hedges, quarterly rebalance
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 Shares
Stocks
TLT
iShares 20+ Year Treasury Bond ETF
Stocks
TMF
Direxion Daily 20+ Year Treasury Bull 3X Shares (based on the NYSE 20 Year Plus Treasury Bond Index; symbol AXTWEN)
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 34.06%. 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, crypto, and options.