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Symphonies
Tangency Portfolio 12**
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A rules‑driven, daily‑rebalanced portfolio. It rides stock uptrends (tech tilt), diversifies with international stocks, bonds, and real assets, and automatically adds protection (VIX funds, market‑neutral, cash/bonds, or inverse ETFs) when markets look overheated or weak.
NutHow it works
It’s a rules‑based, daily‑updated mix of: U.S. stocks by sector (tech‑tilted), some foreign stocks, bonds, gold/real estate, and a small “volatility” sleeve. It watches simple gauges—hot/cold readings (RSI: a 0–100 speedometer), trend lines (moving averages), and the “fear” index (VIX). In uptrends it leans into strong areas (sometimes using faster 2–3x funds). If markets look overheated or weak, it adds hedges (VIX funds), market‑neutral BTAL, cash‑like T‑bills, bonds, or even short Nasdaq/semis.
CheckmarkValue prop
Risk‑managed, multi‑asset strategy with automated hedging. Out-of-sample drawdown 9.3% vs SPY 18.8%; Calmar 1.23; Sharpe ~0.97— similar risk‑adjusted return but far stronger downside protection and broad diversification (tech tilt, intl, bonds, real assets).

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Invest in this strategy
OOS Start Date
Oct 8, 2024
Trading Setting
Daily
Type
Stocks
Category
Multi-asset, sector rotation, trend-following, volatility-aware, risk-managed, tactical, hedged, leveraged/inverse etfs
Tickers in this symphonyThis symphony trades 92 assets in total
Ticker
Type
AGG
iShares Core U.S. Aggregate Bond ETF
Stocks
AIA
iShares Asia 50 ETF
Stocks
AMZN
Amazon.Com Inc
Stocks
BGX
Blackstone Long-Short Credit Income Fund
Stocks
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
BTAL
AGF U.S. Market Neutral Anti-Beta Fund
Stocks
BWZ
SPDR Bloomberg Short Term International Treasury Bond ETF
Stocks
CME
CME Group Inc.
Stocks
COST
Costco Wholesale Corp
Stocks
CURE
Direxion Daily Healthcare Bull 3X 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.

"Tangency Portfolio 12**" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Tangency Portfolio 12**" is currently allocated toTIP, IEF, PGR, XLV, XMPT, NVO, XLF, UUP, EEMV, SHY, VDC, XLB, EFA, LLY, SHV, XLE, IEI, EDV, ICF, GLD, TMV, XLI, XLY, FXR, COSTandIFGL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Tangency Portfolio 12**" has returned 9.42%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Tangency Portfolio 12**" is 9.29%. 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 "Tangency Portfolio 12**", 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.