Composer · investment strategy
by Composer Technologies · via Composer
Quarterly, use bonds vs T‑bills to decide risk. If bonds (BND) beat T‑bills (BIL), buy the top 3‑month performer among QQQ, MDY, or SHY. If not, hold IEF (7–10yr Treasuries). Single ETF at a time.
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.
1 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%)
1 fund (SEC N-PORT, as of 2026-05-31)
This strategy’s rules haven’t been extracted yet, so there’s no claim to compare with. The measurement is still shown. : 99% · 2026-10-19 ()
0.0% 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 ()
0 of 6 funds in its are
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.
Every quarter, it checks the last ~2 months: did broad U.S. bonds (BND) beat T‑bills (BIL)? If yes (risk‑on), buy the one with the best last‑3‑month return among QQQ (big tech‑heavy stocks), MDY (mid‑cap U.S. stocks), or SHY (short‑term Treasuries). If no (risk‑off), buy IEF (7–10yr Treasuries).
Quarterly, use bonds vs T‑bills to decide risk. If bonds (BND) beat T‑bills (BIL), buy the top 3‑month performer among QQQ, MDY, or SHY. If not, hold IEF (7–10yr Treasuries). Single ETF at a time.
Out-of-sample, this strategy limits drawdowns (16.97% vs S&P 22.10%), delivers 7.53% annualized gains with a 0.44 Calmar, and uses disciplined quarterly rotations for steadier, lower-volatility growth versus the S&P 500.
Take risks or play it safe? The strength of the bond market serves as a risk signal. When the bond market is doing well, this strategy takes on more risk by selecting the best-performing stock or bond ETF. When the market is doing poorly, this strategy plays it safe with treasury bonds. This risk-detecting strategy was developed by Toma Hentea and adapted into a symphony by Composer. By choosing to trade this strategy, you understand that the strategy employs ETFs, and that you understand the associated risks of trading, holding, and costs associated with ETFs, and also leveraged ETFs. Before investing in ANY strategy containing an ETF, please review the relevant ETF prospectus.
Every value on file, each labelled with its calculation basis and as-of date.
| Backtest final value (from $10,000) | $55k | 2026-10-19 | |
| Backtest regulatory fees | $27 | 2026-10-19 | |
| Backtest slippage cost | $235 | 2026-10-19 |
| AI categories (Composer) | etf rotation, momentum, quarterly rebalance, risk-on/risk-off, tactical asset allocation, treasuries, us stocks | ||
| Asset classes / instruments | equities |
| Logic complexity (node count) | 13 | 2026-10-19 | |
| Rebalance frequency | quarterly |
| Concentration (Herfindahl index, out-of-sample, as Composer reports it) | 1 | 2026-10-19 | |
| Ticker universe (assets the logic can hold) | show[ "BIL", "BND", "IEF", "MDY", "QQQ", "SHY" ] | 2026-10-19 |
| Alpha vs SPY, out-of-sample (out-of-sample) | 0.05 | 2026-10-19 | |
| Beta vs SPY, out-of-sample (out-of-sample) | 0.19 | 2026-10-19 | |
| Correlation (R) vs SPY, out-of-sample (out-of-sample) | 0.33 | 2026-10-19 |
| Remixes (copies) | 339 | 2026-10-19 | |
| Watchers | 472 | 2026-10-19 |
| Backtest length | 4,818 | 2026-10-19 | |
| Out-of-sample length | 1,173 | 2026-10-19 | |
| Return, backtest period (annualized) (backtest) | 9.28% | 2026-10-19 | |
| Return, backtest period (cumulative) (backtest) | 445.80% | 2026-10-19 | |
| Return, out-of-sample period (annualized) (out-of-sample) | 7.53% | ||
| Return, out-of-sample period (cumulative) (out-of-sample) | 40.03% | ||
| Return, trailing 1 day (out-of-sample) | 0.08% | 2026-10-19 | |
| Return, trailing 1 month (out-of-sample) | -2.38% | ||
| Return, trailing 1 week (out-of-sample) | 0.73% | 2026-10-19 | |
| Return, trailing 1 year (backtest) | -3.05% | 2026-10-19 | |
| Return, trailing 1 year (out-of-sample) | -3.65% | ||
| Return, trailing 2 weeks (out-of-sample) | 1.30% | 2026-10-19 | |
| Return, trailing 3 months (out-of-sample) | -3.60% | ||
| SPY annualized return over the backtest window (backtest) | 11.06% | 2026-10-19 |
| Calmar ratio, backtest period (backtest) | 0.32 | 2026-10-19 | |
| Calmar ratio, out-of-sample period (out-of-sample) | 0.44 | ||
| Maximum drawdown, backtest period (backtest) | -28.63% | 2026-10-19 | |
| Maximum drawdown, out-of-sample period (out-of-sample) | -16.97% | ||
| Sharpe ratio, backtest period (backtest) | 0.72 | 2026-10-19 | |
| Sharpe ratio, out-of-sample period (out-of-sample) | 0.76 | ||
| Sortino ratio, backtest period (backtest) | 1.03 | 2026-10-19 | |
| Sortino ratio, out-of-sample period (out-of-sample) | 1.16 | 2026-10-19 | |
| Standard deviation, backtest period (backtest) | 13.51% | 2026-10-19 | |
| Standard deviation, out-of-sample period (out-of-sample) | 10.18% |
| Risk rating (Composer data field) | Moderate | 2026-10-19 |
| Annualized turnover, backtest period (backtest) | 2.51 | 2026-10-19 | |
| Annualized turnover, out-of-sample period (out-of-sample) | 2.36 | 2026-10-19 | |
| Daily win rate, backtest period (backtest) | 53.01% | 2026-10-19 | |
| Daily win rate, out-of-sample period (out-of-sample) | 51.15% | 2026-10-19 |
Composer Technologies · Composer
Composer Technologies · Composer
