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Symphonies
Vol Events
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Switches between SPY and BIL based on UVXY’s momentum. If UVXY is rising fast (RSI‑21 > 62), park in T‑Bills (BIL); otherwise own S&P 500 stocks (SPY). Stocks when calm, cash‑like when fear spikes. Checked and rebalanced daily.
NutHow it works
Each day it checks UVXY, a fund that jumps when stock‑market “fear” rises (it tracks short‑term VIX futures). It computes a 0–100 speed score (RSI) over ~21 trading days: higher = rising fast. If UVXY’s score > 62, it moves 100% to BIL (very short‑term T‑Bills, cash‑like). Otherwise it holds 100% SPY (the S&P 500: large U.S. stocks across sectors). Rebalanced daily.
CheckmarkValue prop
Out-of-sample edge: Sharpe ~2.19, Calmar ~4.09, oos return ~32.7%, max drawdown ~8%, beta ~0.55. It stays in SPY in calm markets and moves to cash during spikes, delivering stronger risk-adjusted upside than the S&P 500.

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Invest in this strategy
OOS Start Date
Apr 7, 2025
Trading Setting
Daily
Type
Stocks
Category
Tactical allocation, volatility filter, risk-on/risk-off, etfs, equities vs cash
Tickers in this symphonyThis symphony trades 3 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
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.

"Vol Events" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Vol Events" is currently allocated toSPY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Vol Events" has returned 26.55%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Vol Events" is 8.00%. 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 "Vol Events", 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.