Skip to Content
Symphonies
The Not Boring: Rising Rates with Vol Switch
Today’s Change
—

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

About

A tactical, Fed‑friendly risk‑parity strategy that watches for short‑term stress in tech or long US Treasuries to switch between a leveraged tech/financials/bonds mix and a more defensive tilt toward gold and the US dollar.
NutHow it works
It asks two questions: Have tech stocks (QQQ) or long‑term US Treasuries (TMF) fallen sharply lately? If yes, it shifts toward defensive assets (gold and the US dollar) and dials down the jumpier positions. If both look calm, it runs a balanced mix of 3x funds for tech, financials, and long bonds, giving bigger weights to the steadier ones (based on recent behavior).
CheckmarkValue prop
Out-of-sample edge: 18.1% annualized return, 19.6% max drawdown, Sharpe 0.88, Calmar 0.92, beta 0.71—clear, better risk-adjusted performance than the S&P 500. A Fed-friendly, tactical risk-parity strategy that captures tech upside while defending on stress.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.130.70.360.6
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
654.91%13.6%0.54%-0.34%0.83
The Not Boring: Rising Rates with Vol Switch
2,576.7%23.04%0.2%-7.36%1.14
Initial Investment
$10,000.00
Final Value
$267,669.94
Regulatory Fees
$774.22
Total Slippage
$4,357.31
Invest in this strategy
OOS Start Date
Feb 13, 2022
Trading Setting
Threshold 5%
Type
Stocks
Category
Tactical allocation, risk parity, volatility targeting, leveraged etfs, rising rates, macro hedged
Tickers in this symphonyThis symphony trades 6 assets in total
Ticker
Type
FAS
Direxion Daily Financial Bull 3x Shares
Stocks
GLD
SPDR Gold Trust, SPDR Gold Shares
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
TMF
Direxion Daily 20+ Year Treasury Bull 3X Shares (based on the NYSE 20 Year Plus Treasury Bond Index; symbol AXTWEN)
Stocks
TQQQ
ProShares UltraPro QQQ
Stocks
UUP
Invesco DB US Dollar Index Bullish Fund
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.

The symphony is currently performing the same as yesterday today. Performance updates in real time during market hours.

The symphony is currently allocated toFAS, TMFandTQQQ. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 16.74%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 19.61%. 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 the symphony, 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.