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Symphonies
V2a | Fund Surfing | Michael B | Commodities
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A rule-based “fund surfing” strategy: in calm markets it buys the most beaten‑down ETF to catch a rebound; when fear spikes it flips to 3x long or 3x short Treasuries, or briefly surfs a basket that includes commodities. High risk; concentrated positions.
NutHow it works
It first checks market “fear” using UVXY’s 20‑day RSI (RSI = a 0–100 heat meter). If fear isn’t overheated (<70), it buys 1 fund that looks most beaten‑down over 20 days from SPY/UPRO/TECL/SOXL/SHY. If fear is high, it usually rides long‑term Treasuries via TMF (3x long) or TMV (3x short), picking the side that held up better over 5 days. If both bond sides look calm, it picks 2 beaten‑down funds over 5 days from SPY/UPRO/TECL/SHY plus commodities DBC/DBA.
CheckmarkValue prop
Out-of-sample, this fund-surfing strategy targets higher upside: ~46% annualized vs the S&P’s ~23%, by switching between beaten-down equities and leveraged bonds/commodities. Expect larger drawdowns but potentially stronger long-run gains.

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Invest in this strategy
OOS Start Date
Dec 20, 2022
Trading Setting
Threshold 10%
Type
Stocks
Category
Tactical allocation, regime switching, mean reversion, leveraged etfs, treasuries, commodities, tech equities
Tickers in this symphonyThis symphony trades 10 assets in total
Ticker
Type
DBA
Invesco DB Agriculture Fund
Stocks
DBC
Invesco DB Commodity Index Tracking Fund
Stocks
SHY
iShares 1-3 Year Treasury Bond ETF
Stocks
SOXL
Direxion Daily Semiconductor Bull 3X Shares
Stocks
SPY
SPDR S&P 500 ETF Trust
Stocks
TECL
Direxion Daily Technology Bull 3x Shares
Stocks
TMF
Direxion Daily 20+ Year Treasury Bull 3X Shares (based on the NYSE 20 Year Plus Treasury Bond Index; symbol AXTWEN)
Stocks
TMV
Direxion Daily 20+ Year Treasury Bear 3X Shares (based on the NYSE 20 Year Plus Treasury Bond Index; symbol AXTWEN)
Stocks
UPRO
ProShares UltraPro S&P 500
Stocks
UVXY
ProShares Ultra 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 toTECL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 46.34%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 81.94%. 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.