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Symphonies
Tangency Portfolio 12.1**
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A rules-driven, diversified portfolio that dials risk up or down daily. It leans into tech and growth when trends are strong, and adds VIX-based insurance, Treasuries, and other defensive assets when markets look overheated or fear spikes.
NutHow it works
It starts like a balanced portfolio (about half stocks, ~30% bonds, ~10% commodities/real assets, ~10% crash insurance). Each day it checks “heat” (RSI = a 0–100 hot/cold meter) and trends (price vs averages). If markets look hot or fear jumps (VIX funds: VIXY/UVXY), it adds hedges (BTAL, inverse EM, Treasuries, T‑Bills). If calm and trending up, it leans into tech/growth; if not, it shifts to defensives (utilities/staples), gold, the dollar.
CheckmarkValue prop
Dynamic, rules-based strategy that shifts between growth and hedges to tame risk. In out-of-sample tests: Sharpe 1.10 vs SPY 0.94; max drawdown 8.6% vs 18.8%; Calmar 1.63; positive alpha - more stable growth with protection.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.20.40.510.71
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
592.77%14.94%1.36%5.73%0.92
Tangency Portfolio 12.1**
3,528.26%29.47%-0.11%0.3%2.81
Initial Investment
$10,000.00
Final Value
$362,826.00
Regulatory Fees
$765.15
Total Slippage
$4,344.64
Invest in this strategy
OOS Start Date
Oct 9, 2024
Trading Setting
Daily
Type
Stocks
Category
Multi-asset, tactical, trend-following, volatility-hedged, sector rotation, risk-managed, daily rebalanced
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.

"Tangency Portfolio 12.1**" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Tangency Portfolio 12.1**" is currently allocated toUPRO, TIP, IEF, PGR, BGX, XLV, SOXL, TMF, CURE, NVO, XLF, UUP, EEMV, SHY, VDC, XLB, TQQQ, EFA, LLY, SHV, XLE, FAS, IEI, ICF, GLD, TLT, XLI, XLY, FXR, COST, XBIandIFGL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Tangency Portfolio 12.1**" has returned 14.03%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Tangency Portfolio 12.1**" is 8.61%. 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 12.1**", 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.