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Symphonies
S&P 500 reference
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A very simple, buy-and-hold strategy that tracks the S&P 500 by holding SPY and not rebalancing.
NutHow it works
This is a simple, buy-and-hold strategy: you purchase SPY, an ETF designed to track the S&P 500 index. It has no automatic rebalancing because there is only one asset. The expected result is that your investment mirrors the S&P 500's moves: when the market goes up, SPY goes up; when the market falls, SPY falls. Any dividend payments from SPY would add to returns if treated as yield, but the basic price movement reflects the index. The 'cash-equal' label is not active here since there is no other asset to balance with cash; you end up with 100% SPY exposure and 0% cash.
CheckmarkValue prop
Investors get SPY exposure with a proven, high risk-adjusted profile: out-of-sample Sharpe ~1.42, annualized return ~22.60%, beta ~1, max drawdown ~18.76%, Calmar ~1.20. Nearly identical to SPY with simple buy-and-hold, low maintenance.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
-0111
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
2,668.43%10.56%-1.77%0.2%0.63
S&P 500 reference
2,667.05%10.55%-1.77%0.2%0.63
Initial Investment
$10,000.00
Final Value
$276,705.12
Regulatory Fees
$0.00
Total Slippage
$1.00
Invest in this strategy
OOS Start Date
Apr 5, 2023
Trading Setting
Threshold 10%
Type
Stocks
Category
Equities, index-tracking, spy
Tickers in this symphonyThis symphony trades 1 assets in total
Ticker
Type
SPY
State Street SPDR S&P 500 ETF Trust
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.

"S&P 500 reference" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"S&P 500 reference" is currently allocated toSPY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "S&P 500 reference" has returned 19.89%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "S&P 500 reference" is 18.76%. 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 "S&P 500 reference", 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.