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Symphonies
SPY(Price) < SPY SMA(5)
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A simple daily “buy-the-dip” switch: own SPY only when its price is below its 5‑day average; otherwise sit in BIL (cash-like T‑Bills). All-in on one or the other, rechecked each day.
NutHow it works
Each day, compare today’s SPY price to SPY’s average price over the last 5 trading days. If today’s price is below that average, hold SPY (buy the dip). Otherwise, hold BIL (a cash-like T‑Bill fund). It’s 100% in whichever qualifies, checked and switched daily.
CheckmarkValue prop
Out-of-sample, it cuts max drawdown to 13.8% (vs SPY 18.8%), with Calmar ~0.65 and stable risk-adjusted returns, while delivering ~9% annualized—lower upside but stronger downside protection for risk-conscious investors.

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Invest in this strategy
OOS Start Date
Nov 22, 2024
Trading Setting
Daily
Type
Stocks
Category
Mean-reversion,tactical allocation,moving average,timing,us equities,treasury bills,low duration,cash alternative
Tickers in this symphonyThis symphony trades 2 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill 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.

"SPY(Price) < SPY SMA(5)" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"SPY(Price) < SPY SMA(5)" is currently allocated toSPY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "SPY(Price) < SPY SMA(5)" has returned 9.95%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "SPY(Price) < SPY SMA(5)" is 13.80%. 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(Price) < SPY SMA(5)", 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.