Skip to Content
Symphonies
SPY - Dynamic Hedging
Today’s Change
—

A symphony is an automated trading strategy — Learn more about symphonies here

About

A simple S&P 500 switch: usually long SPY, but it uses SH (the inverse S&P 500 fund) after sharp short-term rallies or during bear‑market bounces. Decisions use a 200‑day trend filter, 10‑day return thresholds, and a 5‑day average check.
NutHow it works
It flips between two funds tied to the S&P 500: SPY (goes up with the market) and SH (goes up when the market falls). 1) If SPY is above its 200‑day average: hold SPY, unless SPY jumped >5% in ~10 days—then hold SH briefly to guard against a pullback. 2) If SPY is below its 200‑day average: if it fell >4% in ~10 days, hold SPY (bet on a bounce). Otherwise, if price just moved above its 5‑day average, hold SH (fade the bounce); else hold SPY.
CheckmarkValue prop
Out-of-sample, this strategy trims downside and smooths growth: drawdown 13.1% vs 18.8% for SPY, Calmar ~1.14, alpha positive, beta ~0.63. You gain risk-adjusted exposure with less downside and steadier returns.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.090.660.440.66
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
684.22%11.18%1.36%5.73%0.64
SPY - Dynamic Hedging
2,010.55%17%1.36%5.73%0.9
Initial Investment
$10,000.00
Final Value
$211,054.95
Regulatory Fees
$606.42
Total Slippage
$4,098.52
Invest in this strategy
OOS Start Date
Nov 3, 2024
Trading Setting
Threshold 10%
Type
Stocks
Category
Us equities,s&p 500,trend filter,mean reversion,dynamic hedging,long/short,inverse etf,tactical allocation
Tickers in this symphonyThis symphony trades 0 assets in total
Ticker
Type

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 - Dynamic Hedging" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"SPY - Dynamic Hedging" is currently allocated toSPY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "SPY - Dynamic Hedging" has returned 14.95%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "SPY - Dynamic Hedging" is 13.14%. 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 - Dynamic Hedging", 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.