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Symphonies
Tangency Portfolio 16 **
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Daily, rules-based portfolio that toggles between risk-on (tech/energy) and risk-off (T‑Bills/Treasuries/volatility hedges) using ‘hot/cold’ and trend checks. Includes crash protection and commodity sleeves. Uses leveraged ETFs.
NutHow it works
Checks trend and ‘hot/cold’ (RSI, moving averages) daily to tilt the mix. - Risk‑on: lean into growth/tech, energy and broad US stocks. - Risk‑off/overbought: move to T‑Bills/short Treasuries, longer Treasuries, and volatility or inverse hedges. - Crash rules and dip‑buys add on sharp sell‑offs. Mainly US large‑cap/tech; also comms, financials, staples; energy; some EM; gold. RSI = 0–100 ‘hot/cold’; VIXY/UVXY = volatility. Uses leveraged/vol ETFs; expect swings.
CheckmarkValue prop
Out-of-sample results: 12.23% annualized return with better downside protection (12.26% max drawdown vs SPY 18.76%), Calmar ~1.00 and Sharpe ~0.79—providing resilient diversification beyond the S&P 500.

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Invest in this strategy
OOS Start Date
Nov 13, 2024
Trading Setting
Daily
Type
Stocks
Category
Tactical multi-asset, momentum & mean-reversion, sector rotation, volatility hedged, leveraged etfs, risk-on/risk-off
Tickers in this symphonyThis symphony trades 75 assets in total
Ticker
Type
AGG
iShares Core U.S. Aggregate Bond ETF
Stocks
AIA
iShares Asia 50 ETF
Stocks
BGX
Blackstone Long-Short Credit Income Fund
Stocks
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
BND
Vanguard Total Bond Market
Stocks
BOIL
ProShares Ultra Bloomberg Natural Gas
Stocks
BTAL
AGF U.S. Market Neutral Anti-Beta Fund
Stocks
DBC
Invesco DB Commodity Index Tracking Fund
Stocks
DBO
Invesco DB Oil Fund
Stocks
EDC
Direxion Daily Emerging Markets Bull 3X Shares, Shares of beneficial interest, no par value
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 16 **" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Tangency Portfolio 16 **" is currently allocated toILCG, FCG, KOLD, QQQ, SVXY, UUP, DBC, SHY, DBO, SHV, XLE, EDC, TLT, TMV, SCHD, BIL, FXRandBND. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Tangency Portfolio 16 **" has returned 10.64%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Tangency Portfolio 16 **" is 12.26%. 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 16 **", 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.