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Symphonies
WAM | HedgeTown
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily, hedged swing strategy. It compares bonds vs Nasdaq to set risk‑on/off, buys recent laggards among sector/index ETFs—or their inverse/leveraged versions—for a short‑term bounce, and can fall back to a safety basket or just QQQ.
NutHow it works
Daily it compares AGG (broad US bonds) vs QQQ (big tech‑heavy stocks) using RSI—a simple gauge of recent up‑vs‑down days. If bonds lead (risk‑off), it leans defensive; if Nasdaq leads (risk‑on), it leans offensive. It then buys a few ETFs from tech, small‑caps, real estate, semis, EM—or their inverse/leveraged versions—picking 4‑day laggards for a bounce. A top filter holds the best of: this engine, a safety basket (Dow/low‑vol/Treasuries/T‑bills), or plain QQQ. ~10% may stay in cash.
CheckmarkValue prop
Out-of-sample edge: 23.28% annualized return vs SPY’s 20.56%, with a 0.53 beta and Calmar ~1.06. A daily, hedged regime-switching strategy that buys laggards across bonds and tech for higher upside with controlled downside vs the S&P 500.

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Invest in this strategy
OOS Start Date
May 7, 2024
Trading Setting
Daily
Type
Stocks
Category
Tactical allocation, daily rebalance, hedged, momentum + mean‑reversion, leveraged/inverse etfs, multi‑asset, risk‑on/off
Tickers in this symphonyThis symphony trades 29 assets in total
Ticker
Type
AGG
iShares Core U.S. Aggregate Bond ETF
Stocks
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
DIA
State Street SPDR Dow Jones Industrial Average ETF Trust
Stocks
DOG
ProShares Short Dow30
Stocks
DRN
Direxion Daily Real Estate Bull 3X ETF
Stocks
DRV
Direxion Daily Real Estate Bear 3X ETF
Stocks
EDC
Direxion Daily MSCI Emerging Markets Bull 3X ETF
Stocks
EEM
iShares MSCI Emerging Markets ETF
Stocks
HYG
iShares iBoxx $ High Yield Corporate Bond ETF
Stocks
IWM
iShares Russell 2000 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.

"WAM | HedgeTown" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"WAM | HedgeTown" is currently allocated toTECS, QQQ, IWM, XLRE, SRTYandSQQQ. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "WAM | HedgeTown" has returned 23.28%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "WAM | HedgeTown" is 21.99%. 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 "WAM | HedgeTown", 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.