Skip to Content
Symphonies
Risk on Risk off signal testing flux
Today’s Change
—

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

About

A risk-on/risk-off switch powered by bond signals: if short-term junk bonds show stronger recent momentum than rising-rate stress (SHYG RSI > TTT RSI), hold SPY; otherwise hide in SHY. Uses a 30-day RSI comparison; ties favor safety.
NutHow it works
It’s a simple on/off switch for stocks. It compares 30‑day RSI (a 0–100 score of recent price strength) of two bond‑market funds: TTT (moves up when long‑term Treasury prices fall) and SHYG (short‑term high‑yield bonds). If SHYG’s RSI > TTT’s, it buys SPY (U.S. stocks). Otherwise it holds SHY (1–3yr Treasuries). Ties go to SHY.
CheckmarkValue prop
Out-of-sample edge: higher risk-adjusted returns and smaller drawdowns than the S&P 500. Sharpe 1.98 vs 1.34; 24.1% vs 21.8%; max drawdown 12.8% vs 18.8% with a regime-aware signal.

Loading backtest data...

Invest in this strategy
OOS Start Date
Jun 29, 2023
Trading Setting
Threshold 1%
Type
Stocks
Category
Tactical asset allocation,momentum,cross-asset signal,risk-on/risk-off,simple switching,rsi
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.

"Risk on Risk off signal testing flux" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Risk on Risk off signal testing flux" is currently allocated toSPY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Risk on Risk off signal testing flux" has returned 24.13%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Risk on Risk off signal testing flux" is 12.75%. 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 "Risk on Risk off signal testing flux", 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.