Composer · investment strategy
by Composer Technologies · via Composer
Switches between 3x Treasury bond ETFs (TMF up, TMV down) to ride big interest‑rate moves, and sits in SPY when both bond sides are quiet. It picks the side that’s been less bruised over the past week.
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 2026-10-11
: 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.
3.0% of weight in (IVV: 3.0%)
1 fund (SEC N-PORT, as of 2026-06-30) · : SPY via IVV
This strategy’s rules haven’t been extracted yet, so there’s no claim to compare with. The measurement is still shown. : 99% · 2026-10-11 ()
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% · 2026-10-11 ()
2 of 3 funds in its are : TMF, TMV
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.
Looks at the past 5 days. If both TMF and TMV—3x funds tied to long‑term U.S. Treasury bonds (TMF up, TMV down)—had a max drop under 10%, it holds SPY (S&P 500). Otherwise it holds whichever of TMF/TMV had the smaller recent drop. 100% in one holding; checked regularly.
Switches between 3x Treasury bond ETFs (TMF up, TMV down) to ride big interest‑rate moves, and sits in SPY when both bond sides are quiet. It picks the side that’s been less bruised over the past week.
Out-of-sample: ~19.3% annualized return, 25.2% max drawdown, Sharpe ~0.91 vs SPY ~1.39 (22.5%/18.8%). Rotates between 3x Treasuries and SPY on rate moves; beta ~0.87—provides rate-move upside and diversification.
Backtest to 4/28/2009. An attempt to make money off of the ups and downs of leveraged treasury bonds, especially after 2020 when they started going haywire. Could works well as a volatility hedge.
Every value on file, each labelled with its calculation basis and as-of date.
| Backtest final value (from $10,000) | $753k | 2026-10-11 | |
| Backtest regulatory fees | $1,446 | 2026-10-11 | |
| Backtest slippage cost | $12k | 2026-10-11 |
| AI categories (Composer) | leveraged bond etfs, long-term treasuries, rates trading, single-position rotation, tactical allocation, volatility filter, volatility hedge | 2026-10-11 | |
| Asset classes / instruments | equities | 2026-10-11 |
| Logic complexity (node count) | 18 | 2026-10-11 | |
| Rebalance corridor width | 5.00% | 2026-10-11 | |
| Rebalance frequency | none | 2026-10-11 |
| Concentration (Herfindahl index, out-of-sample, as Composer reports it) | 1 | 2026-10-11 | |
| Ticker universe (assets the logic can hold) | show[ "SPY", "TMF", "TMV" ] | 2026-10-11 |
| Alpha vs SPY, out-of-sample (out-of-sample) | 0.01 | 2026-10-11 | |
| Beta vs SPY, out-of-sample (out-of-sample) | 0.87 | 2026-10-11 | |
| Correlation (R) vs SPY, out-of-sample (out-of-sample) | 0.61 | 2026-10-11 |
| Remixes (copies) | 21 | 2026-10-11 | |
| Watchers | 6 | 2026-10-11 |
| Community review status | ACTIVE | 2026-10-11 |
| Backtest length | 4,394 | 2026-10-11 | |
| Out-of-sample length | 998 | 2026-10-11 | |
| Return, backtest period (annualized) (backtest) | 28.12% | 2026-10-11 | |
| Return, backtest period (cumulative) (backtest) | 7429% | 2026-10-11 | |
| Return, out-of-sample period (annualized) (out-of-sample) | 19.33% | 2026-10-11 | |
| Return, out-of-sample period (cumulative) (out-of-sample) | 101.49% | 2026-10-11 | |
| Return, trailing 1 day (out-of-sample) | 0.60% | 2026-10-11 | |
| Return, trailing 1 month (out-of-sample) | 0.89% | 2026-10-11 | |
| Return, trailing 1 week (out-of-sample) | 1.16% | 2026-10-11 | |
| Return, trailing 1 year (backtest) | 15.56% | 2026-10-11 | |
| Return, trailing 1 year (out-of-sample) | 15.56% | 2026-10-11 | |
| Return, trailing 2 weeks (out-of-sample) | -0.53% | 2026-10-11 | |
| Return, trailing 3 months (out-of-sample) | 2.33% | 2026-10-11 | |
| SPY annualized return over the backtest window (backtest) | 15.62% | 2026-10-11 |
| Calmar ratio, backtest period (backtest) | 0.85 | 2026-10-11 | |
| Calmar ratio, out-of-sample period (out-of-sample) | 0.77 | 2026-10-11 | |
| Maximum drawdown, backtest period (backtest) | -33.23% | 2026-10-11 | |
| Maximum drawdown, out-of-sample period (out-of-sample) | -25.21% | 2026-10-11 | |
| Sharpe ratio, backtest period (backtest) | 1.10 | 2026-10-11 | |
| Sharpe ratio, out-of-sample period (out-of-sample) | 0.91 | 2026-10-11 | |
| Sortino ratio, backtest period (backtest) | 1.79 | 2026-10-11 | |
| Sortino ratio, out-of-sample period (out-of-sample) | 1.32 | 2026-10-11 | |
| Standard deviation, backtest period (backtest) | 25.36% | 2026-10-11 | |
| Standard deviation, out-of-sample period (out-of-sample) | 22.13% | 2026-10-11 |
| Annualized turnover, backtest period (backtest) | 17.21 | 2026-10-11 | |
| Annualized turnover, out-of-sample period (out-of-sample) | 17.42 | 2026-10-11 | |
| Daily win rate, backtest period (backtest) | 55.42% | 2026-10-11 | |
| Daily win rate, out-of-sample period (out-of-sample) | 55.51% | 2026-10-11 |
Composer Technologies · Composer
Composer Technologies · Composer
