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

About

Daily switch between SPY (whole U.S. market) and XLP (defensive staples) based on a simple bond stress test: if long‑term Treasuries (TLT) stumbled more than short‑term (SHY) over the last ~2 weeks, hold SPY; otherwise hold XLP.
NutHow it works
Each day it checks which fell harder over the last ~2 weeks: long‑term U.S. Treasury bonds (TLT) or short‑term Treasuries (SHY). If long‑term fell more, it puts 100% into the broad U.S. stock market fund SPY. Otherwise it puts 100% into Consumer Staples stocks (XLP). Rechecked daily.
CheckmarkValue prop
Out-of-sample performance shows SPY-like upside (~23.87%/yr) with a built-in rate-regime tilt to defensiveness (XLP). Sharpe and Calmar are near SPY’s (~1.42 and ~1.27), delivering steady, risk-controlled growth and rate-shock resilience.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0111
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
1,056.92%10.97%-0.15%0.4%0.65
treasury switch
1,099%11.14%-0.15%0.4%0.66
Initial Investment
$10,000.00
Final Value
$119,900.38
Regulatory Fees
$10.12
Total Slippage
$63.72
Invest in this strategy
OOS Start Date
Oct 9, 2022
Trading Setting
Daily
Type
Stocks
Category
Tactical equity rotation, rate-regime signal, daily rebalanced, sector tilt
Tickers in this symphonyThis symphony trades 4 assets in total
Ticker
Type
SHY
iShares 1-3 Year Treasury Bond ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
TLT
iShares 20+ Year Treasury Bond ETF
Stocks
XLP
State Street Consumer Staples Select Sector SPDR 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.

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

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

Year-to-date, "treasury switch" has returned 22.55%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "treasury switch" is 18.76%. 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 "treasury switch", 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.