Composer · investment strategy
by Composer Technologies · via Composer
A daily tactical strategy using the Convertible Bonds ETF (CWB) as an early risk gauge. Weak CWB = defensive (gold, currency hedges, insurance) with oversold dip‑buys. Strong CWB = risk‑on, trading nat‑gas/oil volatility and tilting into growth or inflation hedges.
Description from Composer
of the return and risk figures:as the source publishes them
What $10,000 would have become, from the strategy's own published history, against the S&P 500 over the same dates. The basis is labelled.
This strategy doesn’t publish a performance history we can chart.
Each rule is quoted word for word from the strategy's own documents.
No rules extracted from this strategy’s text yet.
6 positions as of 2026-10-19
: the platform's backtest holdings, not a client account.
Compares the stated rules with the holdings (or, where none are published, a mix estimated from returns), using tests fixed before any results were seen.
0.0% of weight in (IVV: 3.0%)
2 funds (SEC N-PORT, as of 2026-06-30)
This strategy’s rules haven’t been extracted yet, so there’s no claim to compare with. The measurement is still shown. : 90% · 2026-10-19 ()
44.8% of weight in (SPY: 0%)
This strategy’s rules haven’t been extracted yet, so there’s no claim to compare with. The measurement is still shown. : 100% · 2026-10-19 ()
20 of 56 funds in its are : BIS, CURE, DUG, EEV, EUM, EUO, KOLD, SCO, SMN, SRS, SVXY, TBT, TMF, TMV, TQQQ, UGL, USD, UYG, YCL, YCS
This strategy’s rules haven’t been extracted yet, so there’s no claim to compare with. The measurement is still shown. : 100%
Strategies that share its Macro signals label, from other sources first, strongest risk-adjusted return first.
Composer Technologies · Composer
Composer Technologies · Composer
How much of what we look for this strategy has, and why anything is missing. Fields that don't apply to it aren't counted.
4 missing
The text the rules are quoted from, with where it came from.
Each day it checks a risk gauge: the Convertible Bonds ETF (CWB). If its short‑term trend (EMA) is below the long‑term trend, it goes defensive: gold (GLD), currency hedges (YCS/EUO), insurance (KIE), and buys sectors only when their RSI (0–100; <30 = washed‑out) flags bargains. If the gauge is strong, it turns risk‑on: reads natural‑gas and oil volatility to go long/short (UNL/UNG/KOLD, USL/SCO), and uses bond trend (ZROZ vs TLT) to tilt into growth (QQQ/SMH) or stagflation hedges. Rebalanced daily; uses leveraged/inverse ETFs.
A daily tactical strategy using the Convertible Bonds ETF (CWB) as an early risk gauge. Weak CWB = defensive (gold, currency hedges, insurance) with oversold dip‑buys. Strong CWB = risk‑on, trading nat‑gas/oil volatility and tilting into growth or inflation hedges.
Regime-switching strategy uses CWB as an early risk gauge, delivering 24.3% annualized vs 19.1% for the S&P, higher Sharpe (1.64 vs 1.13), smaller drawdown (9.8% vs 18.8%), and a low beta (~0.36) for steadier, risk-adjusted growth.
The Convertible Securities ETF seems to show a fairly strong leading relationship towards market risk. It's biased towards risk of rising rates, so did not sell off before Covid, but still is a valuable tool and leading indicator.
Every value on file, each labelled with its calculation basis and as-of date.
| Backtest final value (from $10,000) | $338k | 2026-10-19 | |
| Backtest regulatory fees | $1,689 | 2026-10-19 | |
| Backtest slippage cost | $12k | 2026-10-19 |
| AI categories (Composer) | commodities (nat gas/oil), convertibles signal (cwb), daily rebalance, leveraged/inverse etfs, risk-on/risk-off, tactical multi-asset, volatility-regime | ||
| Asset classes / instruments | equities |
| Logic complexity (node count) | 1,301 | 2026-10-19 | |
| Rebalance frequency | daily |
| Concentration (Herfindahl index, out-of-sample, as Composer reports it) | 0.13 | 2026-10-19 | |
| Ticker universe (assets the logic can hold) | show[ "BIL", "BIS", "BTAL", "CURE", "CWB", "DBA", "DBC", "DUG", "EEV", "EUM", "EUO", "FXY", "GLD", "IAI", "IGV", "IHF", "IHI", "ITB", "KCE", "KIE", "KOLD", "QQQ", "SCO", "SMH", "SMN", "SOXX", "SRS", "SVXY", "TBT", "TLT", "TMF", "TMV", "TQQQ", "UGL", "UNG", "UNL", "USD", "USL", "USO", "UYG", "VEGI", "VIXY", "VNQ", "VUG", "XLB", "XLE", "XLF", "XLI", "XLP", "XLU", "XLV", "XLY", "XME", "YCL", "YCS", "ZROZ" ] | 2026-10-19 |
| Alpha vs SPY, out-of-sample (out-of-sample) | 0.17 | 2026-10-19 | |
| Beta vs SPY, out-of-sample (out-of-sample) | 0.36 | 2026-10-19 | |
| Correlation (R) vs SPY, out-of-sample (out-of-sample) | 0.43 | 2026-10-19 |
| Remixes (copies) | 2 | 2026-10-19 | |
| Watchers | 2 | 2026-10-19 |
| Community review status | ACTIVE | 2026-10-19 |
| Backtest length | 3,698 | 2026-10-19 | |
| Out-of-sample length | 491 | 2026-10-19 | |
| Return, backtest period (annualized) (backtest) | 27.12% | 2026-10-19 | |
| Return, backtest period (cumulative) (backtest) | 3285% | 2026-10-19 | |
| Return, out-of-sample period (annualized) (out-of-sample) | 24.32% | ||
| Return, out-of-sample period (cumulative) (out-of-sample) | 52.17% | ||
| Return, trailing 1 day (out-of-sample) | 0.27% | 2026-10-19 | |
| Return, trailing 1 month (out-of-sample) | 2.26% | ||
| Return, trailing 1 week (out-of-sample) | 0.87% | 2026-10-19 | |
| Return, trailing 1 year (backtest) | 26.68% | 2026-10-19 | |
| Return, trailing 1 year (out-of-sample) | 28.54% | ||
| Return, trailing 2 weeks (out-of-sample) | 2.30% | 2026-10-19 | |
| Return, trailing 3 months (out-of-sample) | 6.60% | ||
| SPY annualized return over the backtest window (backtest) | 14.67% | 2026-10-19 |
| Calmar ratio, backtest period (backtest) | 2.76 | 2026-10-19 | |
| Calmar ratio, out-of-sample period (out-of-sample) | 2.48 | ||
| Maximum drawdown, backtest period (backtest) | -9.81% | 2026-10-19 | |
| Maximum drawdown, out-of-sample period (out-of-sample) | -9.81% | ||
| Sharpe ratio, backtest period (backtest) | 2.22 | 2026-10-19 | |
| Sharpe ratio, out-of-sample period (out-of-sample) | 1.64 | ||
| Sortino ratio, backtest period (backtest) | 3.70 | 2026-10-19 | |
| Sortino ratio, out-of-sample period (out-of-sample) | 3.13 | 2026-10-19 | |
| Standard deviation, backtest period (backtest) | 11.08% | 2026-10-19 | |
| Standard deviation, out-of-sample period (out-of-sample) | 13.88% |
| Annualized turnover, backtest period (backtest) | 41.54 | 2026-10-19 | |
| Annualized turnover, out-of-sample period (out-of-sample) | 49.80 | 2026-10-19 | |
| Daily win rate, backtest period (backtest) | 58.36% | 2026-10-19 | |
| Daily win rate, out-of-sample period (out-of-sample) | 56.62% | 2026-10-19 |
Composer Technologies · Composer
Composer Technologies · Composer
