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Symphonies
XLK > KLML
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

All‑in on a 3× tech bull ETF when tech’s 10‑day momentum beats KMLM’s; otherwise all‑in on a 3× tech bear ETF. Core exposure is the U.S. technology sector; KMLM is used only as a cross‑asset momentum benchmark.
NutHow it works
It compares a 10‑day “strength” score (RSI: a 0–100 read of recent up vs down days) for two funds: XLK (big U.S. tech: AAPL, MSFT, NVDA) and KMLM (a trend‑following managed‑futures fund). If XLK’s score is higher, buy TECL (3× tech bull); otherwise buy TECS (3× tech bear). 100% in one. KMLM is only a benchmark to judge tech, not a holding.
CheckmarkValue prop
Out-of-sample annualized return 25.6% with ~0.70 Sharpe and negative S&P beta offer strong tech upside plus diversification. 3x leverage boosts gains in rallies but adds risk (53% max drawdown) vs the S&P.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
1.31-0.970.05-0.22
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
94.96%13.63%-1.77%0.2%0.84
XLK > KLML
10,887.21%145.76%-1.08%-9.47%1.61
Initial Investment
$10,000.00
Final Value
$1,098,721.22
Regulatory Fees
$1,466.52
Total Slippage
$9,270.81
Invest in this strategy
OOS Start Date
Aug 15, 2024
Trading Setting
Threshold 10%
Type
Stocks
Category
Relative strength, momentum, leveraged etfs, sector timing, technology, market timing
Tickers in this symphonyThis symphony trades 4 assets in total
Ticker
Type
KMLM
KraneShares Mount Lucas Managed Futures Index Strategy ETF
Stocks
TECL
Direxion Daily Technology Bull 3x ETF
Stocks
TECS
Direxion Daily Technology Bear 3x ETF
Stocks
XLK
State Street Technology 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.

"XLK > KLML" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"XLK > KLML" is currently allocated toTECS. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "XLK > KLML" has returned 39.82%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "XLK > KLML" is 53.40%. 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 "XLK > KLML", 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.