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Symphonies
What More Do You Need? LBT
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Daily tactical plan: move to T‑bills when stocks run too hot, buy Tech on washouts or when falling yields help, favor Staples (and sometimes Oil) in uptrends, and use an inverse Nasdaq ETF in downtrends.
NutHow it works
Each day it checks a few market thermometers. - If the Nasdaq-100 or S&P 500 look extremely hot short term, it parks in T‑bills (BIL). - If the Nasdaq looks washed out, it buys Technology (XLK). - If Treasury bonds’ recent strength beats a bearish Nasdaq gauge, it buys XLK. - Else, if the S&P 500 is in a long‑term uptrend, it holds Consumer Staples (XLP) and, if stronger, Oil (DBO). - Otherwise it holds PSQ, an ETF that rises when the Nasdaq falls.
CheckmarkValue prop
Out-of-sample, this strategy beats the S&P on risk-adjusted return: annualized 26.8% vs 16.8%, Sharpe ~1.07 vs 0.97, Calmar ~1.64, and drawdown ~16.3% vs 18.8%, with lower volatility and dynamic hedges (cash, tech, staples, oil, PSQ).
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.240.560.250.5
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
538.48%10.47%2.19%5.01%0.6
What More Do You Need? LBT
17,436.11%32%1.59%8.1%1.36
Initial Investment
$10,000.00
Final Value
$1,753,611.33
Regulatory Fees
$4,898.88
Total Slippage
$31,179.40
Invest in this strategy
OOS Start Date
Jul 9, 2024
Trading Setting
Daily
Type
Stocks
Category
Tactical asset allocation, momentum, mean reversion, trend following, sector rotation, defensive, inverse etf, daily rebalance
Tickers in this symphonyThis symphony trades 8 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
DBO
Invesco DB Oil Fund
Stocks
IEF
iShares 7-10 Year Treasury Bond ETF
Stocks
PSQ
ProShares Short QQQ
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
SPY
SPDR S&P 500 ETF Trust
Stocks
XLK
State Street Technology Select Sector SPDR ETF
Stocks
XLP
State Street Consumer Staples Select Sector SPDR 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.

"What More Do You Need? LBT" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"What More Do You Need? LBT" is currently allocated toXLP. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "What More Do You Need? LBT" has returned 26.79%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "What More Do You Need? LBT" is 16.32%. 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 "What More Do You Need? LBT", 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.