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Symphonies
(see bottom block) TECL For The Long Term (v7) | Less VIX | KMLM signal boost
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Aggressively ride tech uptrends with TECL, step aside to T‑Bills when overheated, buy sharp dips, and use a managed‑futures trend gauge (KMLM) plus volatility cues (UVXY) to decide when to defend vs attack. Daily rebalanced.
NutHow it works
Step 1: Is the S&P 500 (SPY) in an uptrend (above its 200‑day average)? - Yes: Prefer TECL (3× tech) unless the market looks “too hot” (high short‑term RSI). If too hot, sit mostly in T‑Bills (BIL) with a small UVXY slice. A cross‑asset trend gauge (KMLM) helps decide TECL vs T‑Bills and when to buy a tech dip. - No: First, buy dips if tech/market are very oversold. If not, stay in T‑Bills; in volatility spikes hold mostly T‑Bills (sometimes 15% UVXY). Rarely, it may hold SQQQ (inverse Nasdaq) over bonds.
CheckmarkValue prop
Out-of-sample, this strategy offers higher risk-adjusted returns vs SPY: Sharpe ~1.36 vs ~1.05, Calmar ~2.80, and strong upside (~95% annualized) via dynamic tech exposure with cash/bond hedges. Drawdowns can be larger in stress.

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Invest in this strategy
OOS Start Date
Sep 13, 2024
Trading Setting
Daily
Type
Stocks
Category
Momentum, trend filter (200‑day), leveraged tech, volatility overlay, risk-on/risk-off, t‑bills cash, managed‑futures signal
Tickers in this symphonyThis symphony trades 10 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
BSV
Vanguard Short-Term Bond ETF
Stocks
KMLM
KraneShares Mount Lucas Managed Futures Index Strategy ETF
Stocks
SPXL
Direxion Daily S&P 500 Bull 3x ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
SQQQ
ProShares UltraPro Short QQQ
Stocks
TECL
Direxion Daily Technology Bull 3x ETF
Stocks
TQQQ
ProShares UltraPro QQQ
Stocks
UVXY
ProShares Ultra VIX Short-Term Futures ETF
Stocks
XLK
State Street Technology Select Sector SPDR 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 toBIL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 101.77%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 33.86%. 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.