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Symphonies
US Dollar vs. Chinese Market
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A dollar‑trend switch: when the dollar weakens, own China stocks and gold (tilted toward the steadier one); when it strengthens, own gold and U.S. utilities 50/50. Uses an 8‑day vs 200‑day average on UUP to decide; trades only on signal changes.
NutHow it works
It watches a U.S. dollar fund (UUP). If UUP’s recent 8‑day average price falls below its long‑term 200‑day average, it treats the dollar as weakening and splits money between China stocks (FXI) and gold (GLD), leaning more into the one that’s been steadier over the last month. Otherwise, it splits evenly between gold (GLD) and U.S. utilities (XLU). It trades mainly when the dollar signal flips or weights drift a bit.
CheckmarkValue prop
Out-of-sample edge: higher risk-adjusted returns with far lower drawdowns. OOS Sharpe ~2.81, Calmar ~7.65, ~52% annualized vs SPY ~20%, max drawdown ~6.8% vs ~18.8%, beta ~0.26. Dollar-driven tilts diversify.

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Invest in this strategy
OOS Start Date
Sep 3, 2024
Trading Setting
Threshold 1%
Type
Stocks
Category
Tactical asset allocation, trend-following, macro, volatility-weighted, china equities, gold, utilities, dollar signal
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 51.83%. 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.