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Symphonies
Trading tech equities (QQQ) and T-bonds (TLT) based on their own signals
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily, all-or-nothing switch between QQQ (big US tech stocks) and TLT (long-term US Treasury bonds). If QQQ trades above its recent average, move into TLT; otherwise hold QQQ. A contrarian two-ETF rotation.
NutHow it works
Each day, it compares QQQ’s price to a short-term average of QQQ (last 4 days). If QQQ is trading above that average, it puts 100% into TLT (long-term US Treasury bonds). Otherwise, it holds 100% QQQ (big US tech stocks). Always all-in one of the two.
CheckmarkValue prop
Out-of-sample strategy delivers strong risk-adjusted performance (Sharpe ~2.58, Calmar ~27.7) and diversification versus the S&P 500 through daily 100% rotation between QQQ and TLT.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.130.50.240.49
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
1,266.67%11.55%4.34%11.4%0.67
Trading tech equities (QQQ) and T-bonds (TLT) based on their own signals
7,172.36%19.63%6.67%3.59%1.02
Initial Investment
$10,000.00
Final Value
$727,235.70
Regulatory Fees
$7,517.55
Total Slippage
$67,930.64
Invest in this strategy
OOS Start Date
Jun 26, 2026
Trading Setting
Daily
Type
Stocks
Category
Etf rotation, tactical allocation, momentum/mean-reversion, risk-on/risk-off, tech stocks, treasuries
Tickers in this symphonyThis symphony trades 3 assets in total
Ticker
Type
AGG
iShares Core U.S. Aggregate Bond ETF
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
TLT
iShares 20+ 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 toTLT. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 64.19%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 2.32%. 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.