Skip to Content
Symphonies
US Dollar vs. Chinese Market
Today’s Change
—

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

About

Uses the US dollar’s trend to switch between a risk‑on mix (cash plus China stocks and gold) and a defensive mix (cash, gold, utilities). Sizes positions by recent volatility and keeps a steady cash cushion.
NutHow it works
It watches UUP (an ETF that tracks the US dollar). If the dollar’s short‑term average price (~8 days) is below its long‑term average (200 days), the dollar is “weak.” When weak: 50% cash; the other 50% goes to FXI (big Chinese stocks) and GLD (gold), giving more to the steadier one (last 21 days). Otherwise: about 1/3 cash, 1/3 GLD, 1/3 XLU (utilities). Rebalances mainly when weights drift.
CheckmarkValue prop
Out-of-sample edge: ~52% annualized return, Sharpe ~2.81 vs SPY ~1.10, max drawdown ~6.8% vs ~18.8%, Calmar ~7.65 — delivering far stronger risk-adjusted upside and better downside protection than the S&P 500. USD-trend tactical mix with cash cushion diversifies risk.

Loading backtest data...

Invest in this strategy
OOS Start Date
Sep 3, 2024
Trading Setting
Threshold 1%
Type
Stocks
Category
Tactical allocation, usd trend signal, china equities, gold, utilities, inverse-vol weighting, cash buffer
Tickers in this symphonyThis symphony trades 4 assets in total
Ticker
Type
FXI
iShares China Large-Cap ETF
Stocks
GLD
SPDR Gold Trust, SPDR Gold Shares
Stocks
UUP
Invesco DB US Dollar Index Bullish Fund
Stocks
XLU
State Street Utilities 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.

"US Dollar vs. Chinese Market" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"US Dollar vs. Chinese Market" is currently allocated toGLDandXLU. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "US Dollar vs. Chinese Market" has returned 49.31%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "US Dollar vs. Chinese Market" is 7.82%. 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 "US Dollar vs. Chinese Market", 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.