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Symphonies
SMH/WTMF and SMH/FTLS compares v2 w/ Prerunner WM 74
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily tactical strategy: hedge with VIX when stocks look overheated, buy 3x tech when washed out, guard against sharp drops, and otherwise choose between riding semiconductor-led tech strength or rotating into alternative trends (managed futures, vol, Treasuries, USD).
NutHow it works
Rules: - RSI (0–100 heat score): very high → hedge with UVXY (VIX); very low → buy 3x tech (TQQQ/TECL). - Big short‑term drop (“max drawdown”) → move to safety/hedges (BSV bonds or TMV, 3x inverse Treasuries). - Else: compare chip stocks (SMH) to managed‑futures (WTMF) and long/short stocks (FTLS). If chips stronger, ride 3x tech; if not, own the 3 strongest of TMF/TMV, SVXY/VIXM (vol), FTLS, KMLM (managed‑futures), or UUP (US dollar). Rebalances daily.
CheckmarkValue prop
Edge: 29.42% annualized out-of-sample return vs S&P 18.10%, with Calmar 0.93. Active, diversified tech-led rotations and hedges (vol, futures, bonds) aim for big upside while managing risk; downside: larger drawdowns (~31.5%) in stress.

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Invest in this strategy
OOS Start Date
Feb 2, 2025
Trading Setting
Daily
Type
Stocks
Category
Tactical allocation,daily rebalanced,leveraged etfs,tech momentum,risk-on/risk-off,volatility hedging,managed futures,long/short equity,bonds,us dollar
Tickers in this symphonyThis symphony trades 18 assets in total
Ticker
Type
BSV
Vanguard Short-Term Bond ETF
Stocks
FTLS
First Trust Long/Short Equity ETF
Stocks
KMLM
KraneShares Mount Lucas Managed Futures Index Strategy ETF
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
SMH
VanEck Semiconductor ETF
Stocks
SQQQ
ProShares UltraPro Short QQQ
Stocks
SVXY
ProShares Short VIX Short-Term Futures ETF
Stocks
TECL
Direxion Daily Technology Bull 3x ETF
Stocks
TMF
Direxion Daily 20+ Year Treasury Bull 3X ETF
Stocks
TMV
Direxion Daily 20+ Year Treasury Bear 3X 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 toBSV. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 9.29%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 34.46%. 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.