Skip to Content
Symphonies
Test: BDRY signal
Today’s Change
—

A symphony is an automated trading strategy — Learn more about symphonies here

About

Uses shipping-cost trends (BDRY) to set risk regime and a short-term S&P 500 heat check to pick between a 3× S&P 500 fund (SPXL) and T‑Bills (BIL). Risk‑on: SPXL unless overheated. Risk‑off: BIL unless deeply oversold.
NutHow it works
RSI is a 0–100 score of recent ups vs downs; >50 means upward pressure, >80 very hot, <30 washed out. 1) Check 60‑day RSI of BDRY (an ETF tied to dry‑bulk shipping costs). If >50, we’re risk‑on; otherwise risk‑off. BDRY is a signal only—it’s not owned. 2) Risk‑on: check 10‑day RSI of SPY (S&P 500). If >80, hold BIL (T‑Bills). Else buy SPXL (a 3× S&P 500 fund). 3) Risk‑off: hold BIL unless SPY RSI <30, then buy SPXL. Always 100% in one fund; trades only when signals flip.
CheckmarkValue prop
Out-of-sample edge: ~32.5% annualized vs SPY ~18.4%, positive alpha, Calmar ~1.45. A macro-regime signal (shipping-based) switches between SPXL and BIL to chase big upside in growth cycles, with higher drawdown (~22.4% vs ~18.8%).

Loading backtest data...

Invest in this strategy
OOS Start Date
Sep 14, 2024
Trading Setting
Threshold 10%
Type
Stocks
Category
Tactical allocation, risk-on/risk-off, momentum, mean reversion, macro shipping signal, leveraged etf, s&p 500, t-bills
Tickers in this symphonyThis symphony trades 4 assets in total
Ticker
Type
BDRY
Breakwave Dry Bulk Shipping ETF
Stocks
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
SPXL
Direxion Daily S&P 500 Bull 3x ETF
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.

"Test: BDRY signal" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Test: BDRY signal" is currently allocated toSPXL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Test: BDRY signal" has returned 17.91%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Test: BDRY signal" is 22.39%. 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 "Test: BDRY signal", 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.