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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 that cuts risk when markets are “too hot,” holds cash-like T‑bills or shorts in weak regimes, and otherwise owns SPY—favoring uptrends and deeply oversold bounces.
NutHow it works
Daily it reads a short‑term “heat” score (RSI, 0–100). If key gauges look too hot (broad US/global, key sectors, semis), it moves 100% to SHV (T‑bills). If not, but SPY is still somewhat hot, it parks ~50% in SHV. Else: if SPY is above its 200‑day average (uptrend) or very washed‑out, own SPY. If QQQ fell >10% in 60 days, hold SHV. Otherwise, if bonds (TLT) are weaker than inverse Nasdaq (PSQ), short via SH; if stronger, hold SHV.
CheckmarkValue prop
Out-of-sample Sharpe ~1.06 vs SPY ~1.04; drawdown ~17.1% vs 18.8%; Calmar ~0.99. A daily tactical mix of SPY, SHV, and SH uses heat/trend signals to cut risk while still capturing upside.

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Invest in this strategy
OOS Start Date
Sep 17, 2024
Trading Setting
Daily
Type
Stocks
Category
Tactical equity timing, rsi-based filters, trend + mean reversion, s&p 500 focus, cash/t-bills, inverse etf shorting
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 13.22%. 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.