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Symphonies
The Wild West of Short Term Treasury Trading
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Daily strategy that switches between 3x long and 3x short 20+yr U.S. Treasuries, guided by many short‑term cross‑market signals and TLT overbought/oversold readings. Occasional small equity sleeve. Very high return potential with big swings.
NutHow it works
It makes daily, rules‑based bets on long‑dated U.S. Treasuries both up and down using leveraged funds: TMF (3x long) when bonds likely rise, TMV (3x short) when they likely fall. Dozens of quick signals compare recent 1–4 week performance of “inflation” vs “defensive” markets (e.g., oil vs staples). If riskier assets lead, it shorts; if defensives lead, it buys. A short‑term TLT RSI (an ‘overbought/oversold’ score) can also flip the stance. Signals are blended and sized by volatility.
CheckmarkValue prop
Out-of-sample edge: ~24% annualized return vs SPY ~16%; Sharpe ~1.55 vs 1.18; max drawdown ~4% vs 8.9%; Calmar ~6.05; beta ~-0.05; alpha ~0.24%. Higher returns with a smoother downside than the S&P 500.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.550.110.010.08
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
472.66%14.01%-0.5%2.26%0.86
The Wild West of Short Term Treasury Trading
132,327.13%71.65%2.74%3.78%2.57
Initial Investment
$10,000.00
Final Value
$13,242,712.68
Regulatory Fees
$37,524.72
Total Slippage
$309,023.81
Invest in this strategy
OOS Start Date
Jan 6, 2026
Trading Setting
Daily
Type
Stocks
Category
Rates trading,long/short treasuries,leveraged etfs,momentum,mean‑reversion,tactical asset allocation,systematic,high‑volatility
Tickers in this symphonyThis symphony trades 22 assets in total
Ticker
Type
BTAL
AGF U.S. Market Neutral Anti-Beta Fund
Stocks
DBC
Invesco DB Commodity Index Tracking Fund
Stocks
DGT
State Street SPDR Global Dow ETF
Stocks
EFA
iShares MSCI EAFE ETF
Stocks
IGV
iShares Expanded Tech-Software Sector ETF
Stocks
ITB
iShares U.S. Home Construction ETF
Stocks
MTUM
iShares MSCI USA Momentum Factor ETF
Stocks
PICB
Invesco International Corporate Bond ETF
Stocks
RSPU
Invesco S&P 500 Equal Weight Utilities ETF
Stocks
SHY
iShares 1-3 Year Treasury Bond 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.

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

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

Year-to-date, the symphony has returned 24.02%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 3.97%. 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.
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Securities products and brokerage services are offered by Composer Securities LLC, a broker-dealer registered with the SEC and member of FINRA / SIPC. Composer Securities LLC and Composer Technologies Inc. are separate but affiliated companies. Accounts are carried and securities execution, clearance and settlement services are provided by Alpaca Securities LLC, and Apex Clearing Corporation, SEC-registered broker-dealers and members of FINRA / SIPC. Alpaca Securities is a wholly-owned subsidiary of AlpacaDB, Inc. Apex Clearing Corporation, is a wholly-owned subsidiary of Apex Fintech Solutions Inc. Check the background of Composer Securities LLC, Alpaca Securities LLC, and Apex Clearing Corporation on FINRA BrokerCheck . This is not an offer, solicitation of an offer, or advice to buy or sell securities or open a brokerage account in any jurisdiction where Composer Securities is not registered. Securities products offered by Composer Securities are not FDIC insured

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