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Symphonies
tradingalpha901 Example
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A simple monthly trend strategy: own SPY (S&P 500) when its price is above its ~10‑month average; otherwise park in BIL (short‑term U.S. T‑bills). Aims to reduce big drawdowns while staying invested in uptrends.
NutHow it works
Each month it asks one question: Is SPY (an ETF that tracks the S&P 500—large U.S. companies) trading above its average price over the last ~220 trading days (~10 months)? If yes: invest 100% in SPY. If no: move 100% to BIL, an ETF holding 1–3 month U.S. Treasury bills (cash-like). Repeat monthly to ride uptrends and sit in T‑bills during downtrends.
CheckmarkValue prop
Out-of-sample, this trend-timing strategy delivers superior risk-adjusted returns vs the S&P: Sharpe ~1.51 vs ~1.32, max drawdown ~10% vs ~18.8%, Calmar ~1.88, and 18.8% annualized return—capturing most upside with smaller drawdowns.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.020.50.490.7
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
532.45%10.35%-0.15%0.4%0.6
tradingalpha901 Example
297.02%7.64%-0.15%0.4%0.6
Initial Investment
$10,000.00
Final Value
$39,702.12
Regulatory Fees
$16.79
Total Slippage
$114.15
Invest in this strategy
OOS Start Date
Jun 20, 2023
Trading Setting
Monthly
Type
Stocks
Category
Trend-following,tactical asset allocation,moving-average timing,us equities,t-bills,defensive overlay
Tickers in this symphonyThis symphony trades 2 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill 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.

"tradingalpha901 Example" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"tradingalpha901 Example" is currently allocated toSPY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "tradingalpha901 Example" has returned 17.42%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "tradingalpha901 Example" is 10.04%. 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 "tradingalpha901 Example", 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.