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Symphonies
Simple volatility wrapper
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A simple switch: calm markets = park in short‑term T‑bills (BIL); sudden, extreme 2‑day stock‑market swings = jump into a volatility fund (UVXY) that can spike during panics.
NutHow it works
It watches how wildly the main U.S. stock market fund (SPY) moved over the last 2 days. If those moves are unusually large—about 4.5–5% swings—it switches 100% into UVXY, a leveraged fund that tends to jump when market fear spikes. When things calm down, it holds BIL, a short‑term T‑bill (cash‑like) fund. It only trades when that on/off signal changes.
CheckmarkValue prop
Out-of-sample, this strategy delivers ~19.45% return with far lower drawdown (3.23% vs 18.76%), negative beta, and Calmar ~6.0—outperforming SPY on risk-adjusted terms. It stays mostly in cash, spiking to UVXY only on extreme shocks.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.19-0.390.08-0.28
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
693.37%15.63%2.19%5.01%0.95
Simple volatility wrapper
348.08%11.09%0.32%0.98%0.54
Initial Investment
$10,000.00
Final Value
$44,807.88
Regulatory Fees
$20.60
Total Slippage
$141.82
Invest in this strategy
OOS Start Date
Jun 7, 2024
Trading Setting
Threshold 10%
Type
Stocks
Category
Volatility timing,risk-on/risk-off,vix/uvxy,defensive cash,tactical allocation
Tickers in this symphonyThis symphony trades 3 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
SPY
SPDR S&P 500 ETF Trust
Stocks
UVXY
ProShares Ultra VIX Short-Term Futures 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.

"Simple volatility wrapper" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Simple volatility wrapper" is currently allocated toBIL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Simple volatility wrapper" has returned 19.45%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Simple volatility wrapper" is 3.23%. 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 "Simple volatility wrapper", 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.