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Symphonies
V1 BWC: Short Vol with SVXY | SVXY FTLT
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily, rule‑based short‑vol strategy. It mainly holds SVXY after market dips when volatility is likely to cool, but can switch to VIX funds (VIXY/UVXY), SPY/XLK, or T‑Bills (SHV) based on simple overbought/oversold signals and a trend filter.
NutHow it works
Goal: profit when market calm returns by shorting volatility (SVXY). Uses ETFs: SVXY (short VIX), VIXY/UVXY (long VIX), SPY=S&P 500, QQQ=Nasdaq‑100, XLK=tech, SHV=T‑Bills. First, it checks if volatility (via VIXY) looks high. If high, it plays defense: only buys SVXY after extreme stock weakness; may briefly buy volatility (UVXY/VIXY) if stocks look overheated; or parks in SHV. If volatility is normal, it more readily buys SVXY after dips in SPY/QQQ. A simple RSI gauge (0–100: low=washed out, high=overheated) and a 21‑day trend check on SVXY gate risk. Rebalanced daily.
CheckmarkValue prop
Volatility-timing ballast with a ~0.94 beta, aiming to diversify beyond SPY. Out-of-sample: Sharpe ~0.49 and Calmar ~0.35; annualized return ~8.9% vs SPY's ~22.8%. Offers risk-aware exposure and a regime-driven hedge when markets swing.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.650.440.040.19
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
597.8%14.46%-1.73%-4.49%0.89
V1 BWC: Short Vol with SVXY | SVXY FTLT
1,071,350.39%90.58%5.61%-1.52%1.88
Initial Investment
$10,000.00
Final Value
$107,145,038.74
Regulatory Fees
$616,320.73
Total Slippage
$4,407,070.46
Invest in this strategy
OOS Start Date
Jan 5, 2024
Trading Setting
Daily
Type
Stocks
Category
Short volatility, volatility timing, etf rotation, tactical, daily rebalance, risk-managed
Tickers in this symphonyThis symphony trades 7 assets in total
Ticker
Type
QQQ
Invesco QQQ Trust, Series 1
Stocks
SHV
iShares Trust iShares 0-1 Year Treasury Bond ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
SVXY
ProShares Short VIX Short-Term Futures ETF
Stocks
UVXY
ProShares Ultra VIX Short-Term Futures ETF
Stocks
VIXY
ProShares VIX Short-Term Futures ETF
Stocks
XLK
State Street Technology 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.

"V1 BWC: Short Vol with SVXY | SVXY FTLT" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"V1 BWC: Short Vol with SVXY | SVXY FTLT" is currently allocated toSVXY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "V1 BWC: Short Vol with SVXY | SVXY FTLT" has returned 12.06%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "V1 BWC: Short Vol with SVXY | SVXY FTLT" is 25.39%. 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 "V1 BWC: Short Vol with SVXY | SVXY FTLT", 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.