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Symphonies
Test OB
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A contrarian “heat check”: when QQQ or SPY look extremely overbought, switch 100% into VIXY to bet on a near‑term volatility pop; otherwise stay in cash-like T‑Bills (BIL). Rebalanced daily.
NutHow it works
Each day it asks: Are big US stock indexes extremely hot? It uses a 10‑day RSI (a simple “overheating” score from 0–100). If QQQ’s RSI > 80, buy VIXY—a fund that usually rises when market fear/volatility jumps. If not, but SPY’s RSI > 80, also buy VIXY. Otherwise sit in BIL, a cash‑like T‑Bill fund. Recheck daily and switch as the signal changes.
CheckmarkValue prop
Smart volatility-timing: out-of-sample Sharpe ~1.16 and Calmar ~1.71 with only 2.8% max drawdown vs S&P's ~18.8%. It switches to VIXY on frothy markets and stays in cash, offering better risk-adjusted returns with less downside than the S&P 500.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.16-0.090.01-0.11
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
552.39%13.13%-7.68%-7.76%0.81
Test OB
761.76%15.22%0.27%0.86%1.1
Initial Investment
$10,000.00
Final Value
$86,175.78
Regulatory Fees
$94.66
Total Slippage
$634.48
Invest in this strategy
OOS Start Date
Jun 18, 2024
Trading Setting
Daily
Type
Stocks
Category
Volatility timing, contrarian, tactical allocation, rsi signal, cash/defensive, short-term
Tickers in this symphonyThis symphony trades 4 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
VIXY
ProShares VIX Short-Term Futures 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.

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

"Test OB" is currently allocated toBIL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Test OB" has returned 4.62%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Test OB" is 2.76%. 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 OB", 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.