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Symphonies
v20231123 UPRO 60d BND, 2d BND, 15d drawdown, 5d Vix
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Rules-based, tactical mix that shifts between a leveraged S&P 500 fund and defensive assets (long Treasuries, gold, US dollar, or cash) using three cues: bond-vs-cash trend, a quick stock selloff check, and a short-term fear gauge.
NutHow it works
1) Look back 60 days: are bonds (BND) doing better than cash (T‑bills, BIL)? • If yes (rates stable/down): usually hold a turbo S&P 500 fund (UPRO). If stocks just fell fast and fear is high, temporarily switch to long Treasuries (TMF). • If no (rates rising): be defensive. If bonds stop falling for 2 days, hold ~1/3 UPRO + ~2/3 split between the 2 strongest of gold (GLD), Treasuries (IEF/TMF), or the US dollar (UUP). If not, keep most in cash with only those 2 hedges.
CheckmarkValue prop
Dynamic, rules-based mix of leveraged SPY and hedges (gold, Treasuries, USD) offers diversification and a distinct risk profile. Out-of-sample: 16.6% annualized return, Calmar 0.34, Sharpe 0.64—complements SPY, not just chase its returns.

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Invest in this strategy
OOS Start Date
Feb 3, 2024
Trading Setting
Threshold 5%
Type
Stocks
Category
Tactical asset allocation, trend following, volatility filter, leveraged etfs, macro regime, risk management
Tickers in this symphonyThis symphony trades 9 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
BND
Vanguard Total Bond Market
Stocks
GLD
SPDR Gold Trust, SPDR Gold Shares
Stocks
IEF
iShares 7-10 Year Treasury Bond ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
TMF
Direxion Daily 20+ Year Treasury Bull 3X Shares (based on the NYSE 20 Year Plus Treasury Bond Index; symbol AXTWEN)
Stocks
UPRO
ProShares UltraPro S&P 500
Stocks
UUP
Invesco DB US Dollar Index Bullish Fund
Stocks
VIXY
ProShares VIX Short-Term Futures 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.

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

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

Year-to-date, the symphony has returned 13.45%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 48.45%. 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, and options.