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Symphonies
SMH and XLK > KLML
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Switches among tech ETFs based on short‑term strength: aggressive long if semis lead (TECL), normal long if tech is okay (QQQ), and aggressive short if tech lags a trend‑following benchmark (TECS).
NutHow it works
At each check it compares short‑term price strength (more recent up days than down) of: - SMH (semiconductor stocks) vs KMLM (a trend‑following futures fund). If SMH is stronger, buy TECL (3x daily tech bull). - Else, XLK (broad U.S. tech) vs KMLM. If stronger, buy QQQ (Nasdaq‑100). - Else, buy TECS (3x daily tech bear). Note: 3x funds swing a lot.
CheckmarkValue prop
Diversified tech-tactical strategy with negative S&P beta. Out-of-sample data show lower correlation and a distinct risk/return profile, offering hedging benefits for a stock-heavy portfolio while capitalizing on tech-cycle dynamics.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
1.18-0.730.03-0.17
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
89.53%12.91%-4.99%-4.37%0.8
SMH and XLK > KLML
6,973.67%124.52%-8.17%-28.16%1.49
Initial Investment
$10,000.00
Final Value
$707,367.36
Regulatory Fees
$2,664.62
Total Slippage
$17,349.19
Invest in this strategy
OOS Start Date
Aug 15, 2024
Trading Setting
Threshold 10%
Type
Stocks
Category
Tactical momentum, tech sector, semiconductors, leveraged etfs, inverse etfs, risk-on/risk-off, short-term signals
Tickers in this symphonyThis symphony trades 6 assets in total
Ticker
Type
KMLM
KraneShares Mount Lucas Managed Futures Index Strategy ETF
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
SMH
VanEck Semiconductor ETF
Stocks
TECL
Direxion Daily Technology Bull 3x ETF
Stocks
TECS
Direxion Daily Technology Bear 3x 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.

"SMH and XLK > KLML" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"SMH and XLK > KLML" is currently allocated toTECS. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "SMH and XLK > KLML" has returned -21.00%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "SMH and XLK > KLML" is 54.17%. 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 "SMH and XLK > KLML", 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.