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Symphonies
Robust Asset Allocation - Balanced Approximation
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A monthly, rules-based, multi‑asset portfolio. It equal‑weights sleeves in US/foreign stocks, real estate, commodities, and Treasuries, then uses two simple 1‑year checks to size each sleeve and parks the rest in T‑bills (BIL).
NutHow it works
Each month it splits money across 7 ETFs: MTUM (US momentum stocks), IWD (US value), EFA (developed foreign stocks), EFV (foreign value), VNQ (US real estate), DBC (commodities), IEF (Treasury bonds). For each, it asks: 1) Is price above its 1‑year average? 2) Did it beat BIL (T‑bill cash) over 1 year? Both yes: full. One yes: half. None: hold BIL. Any leftover sits in BIL.
CheckmarkValue prop
Out-of-sample Sharpe ~1.59 vs S&P, beta ~0.54, drawdowns ~9.7% vs 13.7%, Calmar ~2.0. Diversified, rules-based sleeves with a cash buffer offer steadier, risk-adjusted upside and lower risk than the S&P 500.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
00.370.660.81
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
323.99%13.66%2.19%5.01%0.81
Robust Asset Allocation - Balanced Approximation
79.6%5.33%3.63%5.07%0.68
Initial Investment
$10,000.00
Final Value
$17,959.52
Regulatory Fees
$6.66
Total Slippage
$33.12
Invest in this strategy
OOS Start Date
Mar 8, 2025
Trading Setting
Monthly
Type
Stocks
Category
Tactical asset allocation, trend-following, dual momentum, multi-asset, monthly rebalance, risk management
Tickers in this symphonyThis symphony trades 8 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
DBC
Invesco DB Commodity Index Tracking Fund
Stocks
EFA
iShares MSCI EAFE ETF
Stocks
EFV
iShares MSCI EAFE Value ETF
Stocks
IEF
iShares 7-10 Year Treasury Bond ETF
Stocks
IWD
iShares Russell 1000 Value ETF
Stocks
MTUM
iShares MSCI USA Momentum Factor ETF
Stocks
VNQ
Vanguard Real Estate 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 toIEF, DBC, EFV, VNQ, EFA, IWD, BILandMTUM. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 19.49%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 9.73%. 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.