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Symphonies
Switch between Stocks and Bonds
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A simple monthly switch: hold U.S. stocks (SPY) when they’ve beaten long‑term Treasuries (TLT) over ~3 months; otherwise hold Treasuries. Seeks to follow trends and sidestep major stock slumps, but can whipsaw or lose when both assets fall.
NutHow it works
Each month, compare about 3 months of recent performance for two funds: - SPY: tracks large U.S. stocks (the S&P 500). - TLT: holds 20+ year U.S. Treasury bonds. If SPY did better, own SPY 100%. Otherwise, own TLT 100%. No mixing or cash. Recheck monthly.
CheckmarkValue prop
Simple, rule-based SPY/TLT rotation using ~3-month momentum. A transparent, disciplined approach that diversifies stock risk and offers a positive out-of-sample Sharpe vs. SPY.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.080.160.040.2
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
1,041.58%10.98%-1.77%0.2%0.65
Switch between Stocks and Bonds
776.74%9.74%-1.93%0.04%0.7
Initial Investment
$10,000.00
Final Value
$87,673.95
Regulatory Fees
$87.59
Total Slippage
$597.20
Invest in this strategy
OOS Start Date
Feb 13, 2022
Trading Setting
Monthly
Type
Stocks
Category
Tactical asset allocation, momentum, trend-following, monthly rotation, stocks vs bonds, risk-on/risk-off
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.

"Switch between Stocks and Bonds" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Switch between Stocks and Bonds" is currently allocated toTLT. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Switch between Stocks and Bonds" has returned 1.92%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Switch between Stocks and Bonds" is 27.43%. 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 "Switch between Stocks and Bonds", 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.