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Trend-Following Backtester · Guide · backtest 한국어

etf · AU

BetaShares NASDAQ 100 ETF backtest

10 trend-following strategies were compared on the full daily history of BetaShares NASDAQ 100 ETF. 0 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is SMA 크로스오버 (CAGR 15.0%, MDD -20.7%).

Data 2015-05-26 ~ 2026-07-31daily bars 2,832 (11.2 years)Costs 0.5%Venue ASXMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 17.1%, drawdown -33.0%).

Sharpe leader (same as main): Supertrend — CAGR 13.5%, MDD -17.7%, Sharpe 1.00, 67% exposure.

CAGR reference leader: ROC 모멘텀 — CAGR 16.0%, MDD -33.0%, exposure 99%. It is hold-like at 95%+ exposure and is not used as the featured strategy.

Return/drawdown alternative: SMA 크로스오버 — CAGR is 3.7%p lower than buy and hold, while drawdown improves by 15.3%p (CAGR 15.0%, MDD -20.7%, exposure 76%).

The alternative must retain 75% of buy-and-hold CAGR, improve drawdown by at least 20% and 5 percentage points, and stay below 95% exposure; the ranking weights return retention 60% and drawdown improvement 40%.

Strategy · parametersCAGRMDDSharpeCalmarTotalTradesExposure
Supertrend
period=26, mult=4.7
13.5%-17.7%1.000.764.1x5467%
SMA 크로스오버
fast=13, slow=200
15.0%-20.7%0.980.734.8x1376%
EMA 크로스오버
fast=12, slow=213
14.8%-20.7%0.960.714.7x1177%
Donchian 채널 돌파
entryN=20, exitN=103
14.9%-33.0%0.890.454.7x1590%
ROC 모멘텀
Hold-like · Exposure 99%
n=21, threshold=-0.13
16.0%-33.0%0.880.485.2x599%
Keltner 채널 돌파
emaPeriod=61, atrPeriod=9, mult=1.6
7.9%-23.2%0.650.342.3x7263%
볼린저 밴드 돌파
n=62, k=1
7.4%-27.4%0.630.272.2x6261%
Parabolic SAR
step=0.005, maxStep=0.34
6.4%-20.8%0.530.312.0x9864%
MACD
fast=17, slow=54, signal=19
4.7%-23.2%0.440.201.7x13051%
ADX / DI 방향성
period=23, threshold=20
2.1%-13.0%0.340.161.3x4821%
Buy and hold17.1%-33.0%0.920.525.9x1100%
1x 2016 2018 2020 2022 2024 2026 ROC 모멘텀SupertrendBuy and hold
Supertrend (Sharpe leader), ROC 모멘텀 (CAGR reference), Buy and hold.
0% -8% -16% -25% -33% 2016 2018 2020 2022 2024 2026 Buy and holdROC 모멘텀Supertrend
Supertrend maximum drawdown -17.7% (2021-12-07 → 2022-07-26), recovered after 526 days.

Rules of the top strategy

Trades the direction of a volatility-based trend line that trails below/above price.

Method and caveats

Past performance does not guarantee future returns. Parameters were selected on the same full-history sample using sharpe over 40 trials per strategy, so results contain in-sample bias. 0.5% trading costs are included; taxes, slippage and rejected orders are not.
Re-run the same setupMore AU assetsAll asset reports

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