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Symphonies
Tech vs Utilities | Managed Risk
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Rules-based shift between a defensive basket (bonds, dollar, gold, utilities, staples) and an aggressive 3x‑equity basket. It uses Tech vs Utilities strength, overall volatility, and a short-term stocks‑vs‑bonds check to decide when to take risk.
NutHow it works
Switches between “Risk On” (aggressive) and “Risk Off” (defensive). - 6‑mo strength (RSI: a simple 0–100 hot/cold score) of Tech (XLK) vs Utilities (XLU). If Tech is weaker, go defensive. - If Tech isn’t weaker but market volatility (SPY) is high, stay defensive. - When calm and stocks beat short‑term Treasuries (SHY), go Risk On: equal TQQQ/UPRO/UDOW (3x equity). Else, Risk Off: 50% bonds/utilities picks (TLT/IEF/SHY/XLU) + 50% safety mix (UUP, GLD, XLP, SHY).
CheckmarkValue prop
Out-of-sample, this strategy nets 46.4% annualized return vs SPY’s 23.1%, Sharpe 1.82 vs 1.44, and Calmar 2.22, with beta ~0.78. A risk-on/risk-off system that boosts upside in calm markets and provides diversified ballast in volatility.

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Invest in this strategy
OOS Start Date
Jan 4, 2023
Trading Setting
Threshold 25%
Type
Stocks
Category
Tactical allocation,risk-managed,sector rotation,trend/momentum,defensive assets,leveraged etfs
Tickers in this symphonyThis symphony trades 12 assets in total
Ticker
Type
GLD
SPDR Gold Trust, SPDR Gold Shares
Stocks
IEF
iShares 7-10 Year Treasury Bond ETF
Stocks
SHY
iShares 1-3 Year Treasury Bond ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
TLT
iShares 20+ Year Treasury Bond ETF
Stocks
TQQQ
ProShares UltraPro QQQ
Stocks
UDOW
ProShares UltraPro Dow 30
Stocks
UPRO
ProShares UltraPro S&P 500
Stocks
UUP
Invesco DB US Dollar Index Bullish Fund
Stocks
XLK
State Street Technology Select Sector SPDR 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.

"Tech vs Utilities | Managed Risk" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Tech vs Utilities | Managed Risk" is currently allocated toUUP, SHY, XLU, GLD, TLTandXLP. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Tech vs Utilities | Managed Risk" has returned 43.78%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Tech vs Utilities | Managed Risk" is 20.89%. 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 "Tech vs Utilities | Managed Risk", 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.