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Symphonies
SPY Simply Off
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Stay in SPY during calm markets. If SPY’s last week becomes unusually volatile, switch 100% into whichever looks more beaten‑down—gold (GLD) or long Treasuries (TLT)—to seek safety and a short-term bounce.
NutHow it works
- When the S&P 500 (SPY) has had an unusually jumpy week, the strategy exits stocks. - It then buys just one “safe haven”: gold (GLD) or long U.S. Treasuries (TLT). It picks the one with the lower 10‑day RSI—a simple 0–100 score of recent moves; lower means it’s been sold off more—aiming for a rebound. - If the week isn’t jumpy, it stays 100% in SPY.
CheckmarkValue prop
Out-of-sample, this rules-based strategy yields solid risk-adjusted returns (Sharpe ~1.25) with beta ≈0.80, plus crisis hedges (gold or TLT) when volatility spikes—offering a diversified, sensible complement to SPY.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.040.740.670.82
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
746.24%10.59%0.54%-0.34%0.63
SPY Simply Off
1,004.67%11.99%0.54%-0.35%0.74
Initial Investment
$10,000.00
Final Value
$110,466.66
Regulatory Fees
$76.02
Total Slippage
$516.22
Invest in this strategy
OOS Start Date
Jul 15, 2023
Trading Setting
Threshold 10%
Type
Stocks
Category
Regime-switching, volatility filter, defensive rotation, rsi, spy, gld, tlt, risk-on/risk-off
Tickers in this symphonyThis symphony trades 3 assets in total
Ticker
Type
GLD
SPDR Gold Trust, SPDR Gold Shares
Stocks
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 Simply Off" is currently performing the same as yesterday today. Performance updates in real time during market hours.

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

Year-to-date, "SPY Simply Off" has returned 15.91%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "SPY Simply Off" is 20.56%. 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 Simply Off", 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.