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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 market “calm vs. chaos” strategy: it shifts from aggressive leveraged tech/healthcare, to the S&P 500, to a stock/bond mix, and finally to long-term Treasury bonds as market turbulence rises.
NutHow it works
This strategy checks how “jumpy” the U.S. stock market has been over the last month by looking at SPY, a fund that tracks the S&P 500. If the market is extremely jumpy, it moves everything into TLT, a long-term U.S. Treasury bond fund. If jumpiness is high but not extreme, it holds 75% SPY and 25% TLT. If the market is only somewhat jumpy, it holds 100% SPY. If the market is unusually calm, it gets aggressive and splits money equally between TECL (leveraged technology stocks) and CURE (leveraged healthcare stocks).
CheckmarkValue prop
Out-of-sample, this strategy targets 39.6% annualized returns vs SPY’s 20.9%, with a Calmar near 1. It shifts to Treasuries during turbulence and to levered tech/healthcare in calm markets, offering higher upside with disciplined risk.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.121.530.590.77
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
691.91%14.42%-1.04%-0.34%0.88
Volatility and Kelly Symphony - Replace SHY w/ TLT, SSO w/ TECL, & UPRO w/ CURE
8,510.83%33.65%-1.64%13.83%1.03
Initial Investment
$10,000.00
Final Value
$861,082.89
Regulatory Fees
$559.83
Total Slippage
$4,182.11
Invest in this strategy
OOS Start Date
Feb 21, 2023
Trading Setting
Daily
Type
Stocks
Category
Volatility targeting, regime switching, tactical allocation, leveraged sector rotation, stocks and bonds
Tickers in this symphonyThis symphony trades 4 assets in total
Ticker
Type
CURE
Direxion Daily Healthcare Bull 3X ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
TECL
Direxion Daily Technology Bull 3x ETF
Stocks
TLT
iShares 20+ Year Treasury Bond 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 toCUREandTECL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 39.61%. 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, and options.
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