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Symphonies
SPY 9d Max DD Test
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Mostly stays 100% in SPY. It briefly switches to long‑term Treasuries (TLT) only after SPY has had ~9 straight up days with virtually no dip. Daily check, all‑or‑nothing allocation.
NutHow it works
Every day it looks at SPY’s biggest drop from any recent high over the last 9 trading days (its “max drawdown”). If that drop is essentially zero—meaning SPY rose for ~9 days without a dip—it moves 100% into TLT (long‑term U.S. Treasuries). Otherwise it holds 100% SPY. It rechecks daily.
CheckmarkValue prop
Out-of-sample performance is near SPY in upside and risk, but with a simple, rules-based hedge (TLT) that only kicks in after a rare 9-day up-streak. A disciplined, low-maintenance allocation with solid risk-adjusted metrics (Calmar ~1.13).

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Invest in this strategy
OOS Start Date
Aug 18, 2023
Trading Setting
Daily
Type
Stocks
Category
Rules-based, tactical asset allocation, etf rotation, us equities, treasuries, daily rebalanced
Tickers in this symphonyThis symphony trades 2 assets in total
Ticker
Type
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
TLT
iShares 20+ Year Treasury Bond 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.

"SPY 9d Max DD Test" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"SPY 9d Max DD Test" is currently allocated toSPY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "SPY 9d Max DD Test" has returned 19.62%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "SPY 9d Max DD Test" 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 "SPY 9d Max DD Test", 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.