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

About

Each month, compare the last 90 days’ performance of U.S. stocks (SPY) versus gold (GLD) and hold 100% of the one that did better. A simple momentum switch aiming to ride recent strength while avoiding the weaker asset.
NutHow it works
Once a month, look back 90 days and calculate the percent change for two ETFs: SPY (tracks large U.S. stocks) and GLD (tracks gold’s price). If SPY’s 90‑day return is higher than GLD’s, hold SPY. Otherwise, hold GLD (ties go to GLD). Stay 100% in that choice until the next monthly check.
CheckmarkValue prop
Out-of-sample, this SPY/GLD momentum rotation beats the S&P 500: ~17.36% annualized return vs 13.99%, Sharpe ~1.04 vs ~0.82, and lower beta (~0.28), staying 100% in the stronger asset each month.

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Invest in this strategy
OOS Start Date
Feb 13, 2022
Trading Setting
Monthly
Type
Stocks
Category
Momentum, trend-following, tactical rotation, stocks vs gold, monthly rebalance, etf
Tickers in this symphonyThis symphony trades 0 assets in total
Ticker
Type

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 Gold" is currently performing the same as yesterday today. Performance updates in real time during market hours.

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

Year-to-date, "Switch between Stocks and Gold" has returned 17.36%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Switch between Stocks and Gold" is 25.57%. 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 Gold", 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.