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Symphonies
Simplified Base 2 - MSFO
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Daily, it holds MSFO (an option‑income fund tied to Microsoft) unless short‑term market gauges look overheated. Overheated signals switch it to cash‑like T‑Bills or a defensive anti‑beta fund (BTAL). A crash plus sharp bounce also triggers defense.
NutHow it works
Each day it checks a short‑term “heat” score (10‑day RSI) on many market and sector funds. If any look too hot, it moves defensive: cash‑like T‑Bills (BIL) or BTAL (long steadier stocks, short riskier ones). Otherwise it holds MSFO. After a sharp drop and big snapback, it also goes defensive.
CheckmarkValue prop
Out-of-sample edge: Sharpe ~0.87, Calmar ~0.84, drawdown ~17.8%, beta ~0.69, annualized return ~14.96% vs SPY ~21.55%. Lower market risk with defensive bets and MSFO income offers steadier, risk-adjusted growth and capital protection.

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Invest in this strategy
OOS Start Date
Dec 26, 2023
Trading Setting
Daily
Type
Stocks
Category
Tactical allocation,momentum filter,risk management,option income,defensive hedging
Tickers in this symphonyThis symphony trades 14 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
BTAL
AGF U.S. Market Neutral Anti-Beta Fund
Stocks
FAS
Direxion Daily Financial Bull 3x Shares
Stocks
MSFO
YieldMax MSFT Option Income Strategy ETF
Stocks
QQQE
Direxion NASDAQ-100 Equal Weighted Index Shares
Stocks
SPY
SPDR S&P 500 ETF Trust
Stocks
TECL
Direxion Daily Technology Bull 3x Shares
Stocks
TQQQ
ProShares UltraPro QQQ
Stocks
VOOG
Vanguard S&P 500 Growth ETF
Stocks
VOOV
Vanguard S&P 500 Value 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.

"Simplified Base 2 - MSFO" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Simplified Base 2 - MSFO" is currently allocated toBTAL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Simplified Base 2 - MSFO" has returned 14.44%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Simplified Base 2 - MSFO" is 17.83%. 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 "Simplified Base 2 - MSFO", 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.