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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

A simple monthly switch: own U.S. stocks (SPY) when their last 90 days beat gold; otherwise own gold (GLD). Always 100% in the recent winner, aiming to ride strength and sidestep weakness.
NutHow it works
Each month, compare the last 90 days of performance for two funds: SPY (a fund that holds 500 large U.S. companies) and GLD (a fund that holds gold bars). If SPY did better, hold 100% SPY next month. Otherwise (or if tied), hold 100% GLD. Repeat monthly.
CheckmarkValue prop
Out-of-sample, this 90-day momentum switch delivers ~23% annualized return and ~1.30 Sharpe vs SPY's ~14% and ~0.82, with positive alpha and Calmar ~0.90, offering stronger, risk-adjusted upside by riding the winner between SPY and GLD.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.10.350.140.38
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
752.89%10.8%-0.15%0.4%0.63
Switch between Stocks and Gold
1,172.45%12.95%3.93%21.87%0.78
Initial Investment
$10,000.00
Final Value
$127,245.13
Regulatory Fees
$53.65
Total Slippage
$370.64
Invest in this strategy
OOS Start Date
Feb 13, 2022
Trading Setting
Monthly
Type
Stocks
Category
Tactical allocation,momentum,trend-following,etfs,monthly rebalance,stocks vs gold
Tickers in this symphonyThis symphony trades 2 assets in total
Ticker
Type
GLD
SPDR Gold Trust, SPDR Gold Shares
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
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 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 22.10%. 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, and options.