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Symphonies
Risk On/Risk Off Hedgefundie (No K-1) v1.1
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A tax‑friendly, risk‑on/risk‑off take on HFEA: flee to short Treasuries in crashes, hedge in rising‑rate regimes, and use leveraged stock/bond Mix only when rates fall and markets are calm.
NutHow it works
It first checks for a volatility spike; if yes, it parks in short‑term Treasuries for safety. If bonds have recently beaten cash, it goes risk‑on into 3 leveraged funds (tech, Nasdaq, S&P 500, or long Treasuries), picking the ones that look least overheated. If long Treasuries have lagged cash (rising rates), it holds the U.S. dollar and adds either a short‑tech or short‑Treasury hedge—whichever has been steadier. If rates look friendly and markets haven’t fallen sharply, it runs a refined HFEA mix (about 55% 3x S&P 500, 45% 3x long Treasuries). If markets just had a sharp drop, it instead shifts to a defensive mix of medium/short Treasuries, TIPS, and gold. It rebalances when positions drift too far.
CheckmarkValue prop
Out-of-sample edge: 22.73% annualized return (vs ~22.05% S&P), Calmar 0.40, Sharpe 0.67. Crash shield and rate-hedges lock in upside in calm/falling-rate periods; tax-friendly ETFs (no K-1).
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.431.110.20.45
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
355.73%13.22%-1.77%0.2%0.81
Risk On/Risk Off Hedgefundie (No K-1) v1.1
39,994.19%63.35%0.72%-2.23%1.37
Initial Investment
$10,000.00
Final Value
$4,009,418.88
Regulatory Fees
$14,877.42
Total Slippage
$96,193.90
Invest in this strategy
OOS Start Date
Oct 5, 2022
Trading Setting
Threshold 5%
Type
Stocks
Category
Leveraged etfs, risk-on/risk-off, trend-following, volatility filter, rate regime filter, crash protection, hfea 55/45, inverse hedging, tax-friendly (no k-1)
Tickers in this symphonyThis symphony trades 17 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
BND
Vanguard Total Bond Market
Stocks
BSV
Vanguard Short-Term Bond ETF
Stocks
GLD
SPDR Gold Trust, SPDR Gold Shares
Stocks
IEI
iShares 3-7 Year Treasury Bond ETF
Stocks
SHY
iShares 1-3 Year Treasury Bond ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
SQQQ
ProShares UltraPro Short QQQ
Stocks
TBF
ProShares Short 20+ Year Treasury ETF
Stocks
TECL
Direxion Daily Technology Bull 3x 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.

The symphony is currently performing the same as yesterday today. Performance updates in real time during market hours.

The symphony is currently allocated toUSDUandSQQQ. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 24.08%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 57.14%. 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.