Trend-Following Backtester · Guide · backtest 한국어

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Vanguard Australian Shares High Yield ETF backtest

10 trend-following strategies were compared on the full daily history of Vanguard Australian Shares High Yield ETF. 1 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ROC 모멘텀 (CAGR 4.2%, MDD -26.4%).

Data 2011-05-23 ~ 2026-07-31daily bars 3,843 (15.2 years)Costs 0.5%Venue ASXMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 3.6%, drawdown -43.0%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 4.2%, MDD -26.4%, Sharpe 0.40, 89% exposure.

Return/drawdown alternative: ROC 모멘텀 — CAGR is 0.6%p higher than buy and hold, while drawdown improves by 16.6%p (CAGR 4.2%, MDD -26.4%, exposure 89%).

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
ROC 모멘텀
n=130, threshold=-0.09
4.2%-26.4%0.400.161.9x2389%
ADX / DI 방향성
period=34, threshold=27
0.7%-4.6%0.380.151.1x22%
볼린저 밴드 돌파
n=58, k=2.7
2.0%-9.4%0.370.211.3x2120%
Donchian 채널 돌파
entryN=18, exitN=78
3.5%-29.3%0.350.121.7x3384%
SMA 크로스오버
fast=48, slow=182
0.8%-36.5%0.130.021.1x2565%
EMA 크로스오버
fast=45, slow=145
0.6%-30.4%0.110.021.1x2765%
Keltner 채널 돌파
emaPeriod=51, atrPeriod=27, mult=4
0.5%-17.8%0.110.031.1x3023%
Supertrend
period=27, mult=5
-2.7%-45.9%-0.22-0.060.7x6961%
Parabolic SAR
step=0.005, maxStep=0.28
-6.1%-65.6%-0.57-0.090.4x13958%
MACD
fast=14, slow=17, signal=17
-6.2%-63.7%-0.60-0.100.4x25950%
Buy and hold3.6%-43.0%0.310.081.7x1100%
1x 2012 2014 2016 2018 2020 2022 2024 2026 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -11% -21% -32% -43% 2012 2014 2016 2018 2020 2022 2024 2026 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -26.4% (2015-03-19 → 2020-10-02), recovered after 2,268 days.

Rules of the top strategy

Rides the trend when recent return (momentum) over a window is above a threshold.

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 setupAll asset reports

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