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Symphonies
Volatility and Kelly Symphony - Replace SHY w/ TLT, SSO w/ TECL, & UPRO w/ CURE
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily, volatility‑timed mix: calm markets use aggressive 3x Tech/Healthcare; as markets get choppier it shifts to SPY, then adds more long‑term Treasuries (TLT). Simple rules aim to take more risk when calm and cut risk when rough.
NutHow it works
Each day it checks how “bumpy” the S&P 500 (SPY) has been over the last 21 trading days (how much it’s been swinging). Calm (≤1): 50% TECL (3x Tech) + 50% CURE (3x Healthcare). 1–2: 100% SPY. 2–3: 75% SPY + 25% TLT (long‑term U.S. Treasuries). >3: 50% SPY + 50% TLT. Rebalanced daily.
CheckmarkValue prop
Out-of-sample shows ~37.1% annual return vs ~23.0% for SPY, driven by volatility-timed shifts to 3x Tech/Healthcare in calm markets and SPY/TLT hedging in choppier times. Higher upside, but with higher drawdown risk than the S&P 500.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.121.490.590.77
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
599.21%14.41%1.36%5.73%0.86
Volatility and Kelly Symphony - Replace SHY w/ TLT, SSO w/ TECL, & UPRO w/ CURE
5,940.93%32.82%6.4%34.64%1.02
Initial Investment
$10,000.00
Final Value
$604,093.15
Regulatory Fees
$505.90
Total Slippage
$3,065.57
Invest in this strategy
OOS Start Date
Feb 21, 2023
Trading Setting
Daily
Type
Stocks
Category
Volatility targeting,tactical allocation,leveraged etfs,us equities,us treasuries,sector rotation,risk-on/risk-off,daily rebalance
Tickers in this symphonyThis symphony trades 0 assets in total
Ticker
Type

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 toCUREandTECL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 37.10%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 40.25%. 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.