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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

Own SPY most of the time. If SPY’s short‑term volatility spikes to an unusually high level, switch 100% into either gold (GLD) or long‑term Treasuries (TLT), choosing the one that looks most oversold over the last ~10 days.
NutHow it works
- Default: 100% in SPY (tracks the S&P 500). - Check if SPY’s recent price swings are extremely high. If not, stay in SPY. - If they are, move 100% into a safety asset: GLD (gold) or TLT (long‑term U.S. Treasuries). Pick the one that looks more beaten down over ~10 days (a simple “hot/cold” gauge; lower = more oversold).
CheckmarkValue prop
Simple risk-control strategy: 100% SPY in calm markets, switching to GLD or TLT during extreme volatility. Out-of-sample Sharpe 1.24, beta 0.79, delivering strong risk-adjusted diversification and downside protection versus the S&P 500.
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
747.65%10.73%1.36%5.73%0.63
SPY Simply Off
1,006.39%12.14%1.36%5.73%0.75
Initial Investment
$10,000.00
Final Value
$110,639.29
Regulatory Fees
$75.97
Total Slippage
$516.22
Invest in this strategy
OOS Start Date
Jul 15, 2023
Trading Setting
Threshold 10%
Type
Stocks
Category
Tactical allocation, volatility filter, etf rotation, risk management, s&p 500, gold, treasuries
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 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 17.74%. 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, crypto, and options.