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Symphonies
XLK/XLU Canary
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Simple two-ETF switch: own Technology (XLK) when its ~6‑month average performance beats Utilities (XLU); otherwise own Utilities. Uses utilities as a “canary” to toggle between growth and defense.
NutHow it works
Each day it looks back ~6 months and asks: has Technology (XLK) done better on average than Utilities (XLU)? If yes, hold 100% XLK (“risk on”). If not, hold 100% XLU (“risk off”). XLK = big US tech (Apple, Microsoft, etc.). XLU = US power/water/gas utilities. It only switches when that answer flips.
CheckmarkValue prop
Out-of-sample: ~21.3% annualized return, Sharpe ~1.05, Calmar ~0.88 over 781 days. A simple, rules-based XLK/XLU sector rotation that captures tech uptrends while controlling downside, offering strong risk-adjusted upside vs the S&P 500.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.020.830.550.74
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
807.45%8.53%1.36%13.5%0.52
XLK/XLU Canary
668.55%7.86%9.8%29.55%0.46
Initial Investment
$10,000.00
Final Value
$76,854.55
Regulatory Fees
$180.44
Total Slippage
$1,198.50
Invest in this strategy
OOS Start Date
May 1, 2024
Trading Setting
Daily
Type
Stocks
Category
Sector rotation,risk-on/risk-off,momentum,relative strength,us equities,etfs
Tickers in this symphonyThis symphony trades 2 assets in total
Ticker
Type
XLK
State Street Technology Select Sector SPDR ETF
Stocks
XLU
State Street Utilities 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/XLU Canary" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"XLK/XLU Canary" is currently allocated toXLK. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "XLK/XLU Canary" has returned 21.32%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "XLK/XLU Canary" is 24.17%. 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/XLU Canary", 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.