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Symphonies
SPY Short Term and Long Term Trend Following
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Own SPY when recent prices trend above medium/long-term averages; otherwise park in SHY. Two independent checks can put you fully in stocks, half in stocks, or fully in short-term Treasuries to cut drawdowns.
NutHow it works
It splits your money into two equal “checks.” Each check asks: own SPY (big US stocks) or sit in SHY (1–3yr US Treasury bonds)? Check 1: Is SPY’s price above its average over the last 85 days? If yes, own SPY; else SHY. Check 2: Is SPY’s short-term average (~8 days, recent days count more) above its long-term average (200 days)? If yes, own SPY; else SHY. Outcomes: 100% SPY, 50/50, or 100% SHY.
CheckmarkValue prop
Out-of-sample Sharpe higher, drawdowns smaller, and Calmar stronger vs the S&P 500: 1.49 vs 1.22; max drawdown 8.4% vs 18.8%; Calmar ~2.09—driven by two trend signals that capture equity upside while reducing risk.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.050.350.380.61
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
1,126.92%11.22%0.54%-0.34%0.66
SPY Short Term and Long Term Trend Following
728.8%9.39%-0.83%-1.71%0.89
Initial Investment
$10,000.00
Final Value
$82,879.65
Regulatory Fees
$132.87
Total Slippage
$882.67
Invest in this strategy
OOS Start Date
Jan 29, 2024
Trading Setting
Threshold 5%
Type
Stocks
Category
Trend following, tactical asset allocation, moving averages, us equities, treasuries, risk management
Tickers in this symphonyThis symphony trades 2 assets in total
Ticker
Type
SHY
iShares 1-3 Year Treasury Bond ETF
Stocks
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.

The symphony is currently performing the same as yesterday today. Performance updates in real time during market hours.

The symphony is currently allocated toSHYandSPY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 14.74%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 8.42%. 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.