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Symphonies
V1a Commander BND | 4 Trade Days / Year | Replace PST w/ TBT, VIXM w/ VIXY, USDU w/ TLT, & UGL w/ GLD
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A quarterly, rules-based “risk on/risk off” strategy. It checks bonds vs T‑Bills to judge the market, then buys ETFs that have recently cooled off: aggressive growth funds in good times, or defensive/hedging funds (plus some Treasuries) in bad times.
NutHow it works
Rebalances quarterly. 1) Risk test: If total bonds (BND) beat T‑Bills (BIL) over 60 days → risk‑on; else risk‑off. 2) Buys the least “hot” choices (10‑day RSI: low = recently sold off) from a menu. Risk‑on: aggressive stock ETFs (tech/semis/S&P/financials) and 3x long Treasuries. Risk‑off: Use TLT vs BIL (20 days). If TLT weaker (rates rising): hedges (inverse stocks/bonds, staples, energy, volatility) plus some Treasuries. If stronger: defensives (staples, healthcare, short Treasuries, 3x long Treasuries, gold).
CheckmarkValue prop
Out-of-sample edge: 34.75% annualized return vs SPY ~22.3%, with Calmar ~0.66 and a risk-on/risk-off framework that toggles hedges in rate stress. Higher upside, but drawdowns can exceed 50% in stress years.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.490.690.070.27
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
658.23%15.24%2.19%5.01%0.93
V1a Commander BND | 4 Trade Days / Year | Replace PST w/ TBT, VIXM w/ VIXY, USDU w/ TLT, & UGL w/ GLD
141,852.33%66.25%1.19%3.75%1.39
Initial Investment
$10,000.00
Final Value
$14,195,232.86
Regulatory Fees
$3,656.76
Total Slippage
$24,923.86
Invest in this strategy
OOS Start Date
Mar 4, 2023
Trading Setting
Quarterly
Type
Stocks
Category
Tactical allocation, quarterly rebalance, risk-on/risk-off, rsi dip-buying, leveraged etfs, bonds vs bills, rate regime, defensives, hedges
Tickers in this symphonyThis symphony trades 19 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
BND
Vanguard Total Bond Market
Stocks
BTAL
AGF U.S. Market Neutral Anti-Beta Fund
Stocks
FAS
Direxion Daily Financial Bull 3x Shares
Stocks
GLD
SPDR Gold Trust, SPDR Gold Shares
Stocks
QID
ProShares UltraShort QQQ
Stocks
SDS
ProShares UltraShort S&P500
Stocks
SHY
iShares 1-3 Year Treasury Bond ETF
Stocks
SOXL
Direxion Daily Semiconductor Bull 3X Shares
Stocks
TBT
ProShares Trust UltraShort Lehman 20+ Year Treasury
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.

The symphony is currently performing the same as yesterday today. Performance updates in real time during market hours.

The symphony is currently allocated toBTAL, VIXYandTLT. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 34.75%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 52.56%. 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 the symphony, 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, crypto, and options.