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Symphonies
<W> ( Apr 12 2011 ) Word is Bond Combo 2x-3x [26.5 / 34.0] Kunnakudi-JM
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A weekly, risk-on/risk-off S&P 500 strategy. If volatility isn’t spiking, it gradually adds 2x and 3x S&P exposure based on five bond‑market momentum checks; otherwise it sits in T‑bills. Max exposure ~2.5x SPY; otherwise scales down to cash.
NutHow it works
Weekly check. If the “fear gauge” (VIXY) isn’t overheated, the portfolio turns on its stock engine; if it is, it parks in T‑bills (BIL). When on, it splits into two halves: one uses 2x S&P (SSO), the other 3x S&P (SPXL). Five simple bond‑vs‑stock momentum checks decide, slice by slice, whether each half holds stocks or T‑bills. More checks passing = more stock exposure. Max exposure if all checks pass is about 2.5x the S&P 500; otherwise it scales down toward cash.
CheckmarkValue prop
Out-of-sample, this strategy aims for ~32.8% annualized return vs SPY's ~22.5%, with a ~1.10 Calmar and up to 2.5x SPY exposure. It gains in favorable markets but manages risk by gating during volatility spikes; higher drawdowns possible.

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Invest in this strategy
OOS Start Date
Sep 17, 2023
Trading Setting
Weekly
Type
Stocks
Category
Tactical allocation, volatility filter, leveraged etfs, momentum/rsi, s&p 500, risk-on/risk-off
Tickers in this symphonyThis symphony trades 13 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
IEF
iShares 7-10 Year Treasury Bond ETF
Stocks
IEI
iShares 3-7 Year Treasury Bond ETF
Stocks
QLD
ProShares Ultra QQQ
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
SHY
iShares 1-3 Year Treasury Bond ETF
Stocks
SPXL
Direxion Daily S&P 500 Bull 3x Shares
Stocks
SPY
SPDR S&P 500 ETF Trust
Stocks
SSO
ProShares Ultra S&P500
Stocks
TMF
Direxion Daily 20+ Year Treasury Bull 3X Shares (based on the NYSE 20 Year Plus Treasury Bond Index; symbol AXTWEN)
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 toBIL, QLD, SSO, SPXLandTQQQ. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 32.77%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 29.87%. 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.