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

About

A tactical, momentum‑driven switch. It compares recent strength across Energy vs Tech, then Bonds vs QQQ or Semis vs a managed‑futures fund (KMLM) to pick risk‑on (SVIX/SOXL) or risk‑off (inverse ETFs), with a T‑bill fallback. Uses very volatile products.
NutHow it works
It’s a switch that follows recent strength. “Strength” here means a simple recent‑moves score (RSI). First it checks which is stronger: Energy (XLE) or Tech (XLK). Then it compares Bonds (AGG) vs Big Tech (QQQ), or Semis (SMH) vs KMLM (a trend‑following fund that can do well when stocks struggle). If the stock side looks stronger, it goes risk‑on: either T‑Bills (BIL) if SVIX is weak, or one of SVIX (short VIX; bets on calm markets) or SOXL (3× semis). If the defensive side wins, it holds 3 inverse funds (SQQQ, TECS, SRTY, DRV, TMV). Around 90% goes into the chosen sleeve. These are very volatile funds.
CheckmarkValue prop
Dynamic regime-switching momentum strategy targets higher out-of-sample returns: ~24.5% annualized vs SPY ~19.6%, with built-in risk-on/off switching. Note higher drawdowns (~39% vs ~19%), but potentially stronger upside in trends.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
1.570.1600.05
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
74.15%16.24%1.16%2.74%0.94
WAM + KMLM
17,649.84%307.49%46.37%38.83%2.56
Initial Investment
$10,000.00
Final Value
$1,774,984.43
Regulatory Fees
$6,748.07
Total Slippage
$42,236.83
Invest in this strategy
OOS Start Date
Sep 2, 2024
Trading Setting
Threshold 10%
Type
Stocks
Category
Tactical momentum, sector rotation, leveraged/inverse etfs, volatility/short vix, managed futures signal, risk-on/risk-off
Tickers in this symphonyThis symphony trades 14 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
DRV
Direxion Daily Real Estate Bear 3X Shares
Stocks
KMLM
KraneShares Mount Lucas Managed Futures Index Strategy ETF
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
SMH
VanEck Semiconductor ETF
Stocks
SOXL
Direxion Daily Semiconductor Bull 3X Shares
Stocks
SQQQ
ProShares UltraPro Short QQQ
Stocks
SRTY
ProShares UltraPro Short Russell2000
Stocks
SVIX
-1x Short VIX 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.

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

"WAM + KMLM" is currently allocated toDRV, SRTYandSQQQ. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "WAM + KMLM" has returned 25.24%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "WAM + KMLM" is 38.76%. 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 + KMLM", 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.