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Symphonies
Yinn/Yang ftlt using fxi from 2007 @ 2 Sharpe | Version 2
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily, tactical China sleeve that flips between 3x long (YINN) and 3x short (YANG) based on: extreme oversold signals in FXI, China’s trend, and whether bonds or stocks are showing more strength. Keeps a small cash buffer. Roughly a 25% sleeve.
NutHow it works
Each day it decides whether to bet for or against big Chinese stocks using 3x ETFs (YINN/YANG). 1) If China (FXI) looks very “washed out” (RSI < 30), go long (YINN). 2) Otherwise, use simple trends (50/200‑day) and a bonds‑vs‑stocks strength check to pick long (YINN) or short (YANG). A small slice stays in cash.
CheckmarkValue prop
Out-of-sample edge: a 3x China long/short sleeve delivering ~200.66% annualized return vs S&P ~18.16%, with Sharpe ~1.69 and Calmar ~3.51. Higher upside and disciplined risk (cash buffer), albeit ~57% max drawdown.

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Invest in this strategy
OOS Start Date
Oct 3, 2024
Trading Setting
Daily
Type
Stocks
Category
China, tactical, leveraged etfs, long/short, momentum, mean reversion, daily rebalance
Tickers in this symphonyThis symphony trades 8 assets in total
Ticker
Type
FXI
iShares China Large-Cap ETF
Stocks
IEI
iShares 3-7 Year Treasury Bond ETF
Stocks
IGIB
iShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF
Stocks
IWM
iShares Russell 2000 ETF
Stocks
SHV
iShares Trust iShares 0-1 Year Treasury Bond ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
YANG
Direxion Daily FTSE China Bear 3X ETF
Stocks
YINN
Direxion Daily FTSE China Bull 3X 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.

The symphony is currently performing the same as yesterday today. Performance updates in real time during market hours.

The symphony is currently allocated toYANG. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 146.45%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 57.17%. 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 the symphony, 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.