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Symphonies
SPY/SH/SHV
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily, tactical S&P 500 strategy. It owns SPY in healthy uptrends or after big dips, moves to cash‑like SHV when markets look overheated or fragile, and only occasionally uses SH to short in particularly weak regimes.
NutHow it works
It mostly switches among SPY (S&P 500), SHV (cash‑like short‑term Treasuries), and SH (short S&P 500). - If the market looks short‑term “overheated,” it parks in SHV. - Otherwise: own SPY in uptrends or after sharp dips; if the trend is weak, usually sit in SHV; only short via SH when conditions look especially risk‑off.
CheckmarkValue prop
Out-of-sample Sharpe ~1.06 vs ~1.04, lower max drawdown ~17.1% vs ~18.8%, and beta ~0.70. Calmar ~0.99. A disciplined, cash-like hedged approach that seeks steadier, risk-adjusted returns with protective exposure versus the S&P 500.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.150.370.230.48
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
581.72%10.56%0.54%-0.34%0.61
SPY/SH/SHV
3,253.38%20.17%-0.22%-0.7%1.29
Initial Investment
$10,000.00
Final Value
$335,337.82
Regulatory Fees
$1,340.76
Total Slippage
$9,189.18
Invest in this strategy
OOS Start Date
Sep 17, 2024
Trading Setting
Daily
Type
Stocks
Category
Tactical asset allocation, trend and mean reversion, risk management, us equities, defensive hedging, daily rebalancing
Tickers in this symphonyThis symphony trades 13 assets in total
Ticker
Type
IOO
iShares Global 100 ETF
Stocks
PSQ
ProShares Short QQQ
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
SH
ProShares Short S&P500
Stocks
SHV
iShares Trust iShares 0-1 Year Treasury Bond ETF
Stocks
SOXX
iShares Semiconductor ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
TLT
iShares 20+ Year Treasury Bond ETF
Stocks
VOX
Vanguard Communication Services ETF
Stocks
VTV
Vanguard Value 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/SH/SHV" is currently performing the same as yesterday today. Performance updates in real time during market hours.

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

Year-to-date, "SPY/SH/SHV" has returned 14.75%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "SPY/SH/SHV" is 17.10%. 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/SH/SHV", 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.