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Symphonies
SRC- Oct'24-004
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A trend-and-temperature check. When bitcoin and stocks trend up without looking overheated, it buys crypto-exposed stocks and leveraged semiconductors; otherwise it sits in T‑Bills. Positions are sized to dial down the most volatile names.
NutHow it works
It checks if bitcoin and the stock market are trending up and not “too hot.” If yes, it buys some mix of Coinbase and bitcoin miners (HUT, IREN) and/or leveraged semiconductors (SOXL), and occasionally TQQQ. If signals aren’t good, it parks in T‑Bills (BIL). It sizes positions so the wildest ones get smaller weights.
CheckmarkValue prop
Out-of-sample, this strategy beats the S&P on risk-adjusted returns (Sharpe 1.36 vs 0.91), posts higher annualized return (21.74% vs 16.16%), and shows smaller drawdown (9.63% vs 18.76%), with a low beta (~0.22).
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.360.250.050.23
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
78.02%22.3%2.19%5.01%1.4
SRC- Oct'24-004
216.1%49.43%1.53%2.19%2.51
Initial Investment
$10,000.00
Final Value
$31,609.54
Regulatory Fees
$38.58
Total Slippage
$224.38
Invest in this strategy
OOS Start Date
Oct 21, 2024
Trading Setting
Threshold 2%
Type
Stocks
Category
Tactical allocation, trend-following, crypto-linked equities, semiconductors, leveraged etfs, risk-on/risk-off
Tickers in this symphonyThis symphony trades 14 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
BITO
ProShares Bitcoin ETF
Stocks
COIN
Coinbase Global, Inc. Class A Common Stock
Stocks
GBTC
Grayscale Bitcoin Trust ETF
Stocks
HUT
Hut 8 Corp. Common Stock
Stocks
IREN
IREN Limited Ordinary Shares
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
SHY
iShares 1-3 Year Treasury Bond ETF
Stocks
SOXL
Direxion Daily Semiconductor Bull 3X Shares
Stocks
SOXX
iShares Semiconductor 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.

"SRC- Oct'24-004" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"SRC- Oct'24-004" is currently allocated toBILandTQQQ. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "SRC- Oct'24-004" has returned 21.74%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "SRC- Oct'24-004" is 9.63%. 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 "SRC- Oct'24-004", 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.