Skip to Content
Symphonies
SPY vs 200d SMA + Granularity
Today’s Change
—

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

About

A daily switch between US stocks (SPY) and long‑term US Treasury bonds (TLT). Above SPY’s 200‑day average it mostly holds SPY; below it mostly holds TLT, with 10/5/2‑day checks to fine‑tune short‑term moves.
NutHow it works
Each day it compares SPY’s price to its moving averages (average closing prices over the last N days). If SPY > 200‑day: hold SPY, except when it’s below the 10‑day but above the 5‑day, then hold TLT. If SPY ≤ 200‑day: hold TLT, except when SPY < 2‑day, then hold SPY.
CheckmarkValue prop
Out-of-sample SPY/TLT strategy shows higher risk-adjusted performance than SPY: ~21.7% annualized vs ~15.5%, Sharpe ~1.22 vs ~0.87, max drawdown ~12% vs ~19%, Calmar ~1.82, beta ~0.85 — stronger upside with downside protection and transparent rules.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.090.640.490.7
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
1,182.3%11.37%6.16%5.09%0.66
SPY vs 200d SMA + Granularity
3,664.37%16.55%4.4%2.27%0.97
Initial Investment
$10,000.00
Final Value
$376,437.05
Regulatory Fees
$2,296.21
Total Slippage
$15,712.58
Invest in this strategy
OOS Start Date
Nov 23, 2024
Trading Setting
Daily
Type
Stocks
Category
Tactical allocation, trend following, moving-average timing, risk-on/risk-off, spy vs tlt, daily rebalance
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 vs 200d SMA + Granularity" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"SPY vs 200d SMA + Granularity" is currently allocated toSPY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "SPY vs 200d SMA + Granularity" has returned 17.51%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "SPY vs 200d SMA + Granularity" is 11.96%. 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 vs 200d SMA + Granularity", 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.