Trend-Following Backtester · Guide · backtest 한국어

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BetaPro S&P 500 2x Daily Bull ETF backtest

10 trend-following strategies were compared on the full daily history of BetaPro S&P 500 2x Daily Bull ETF. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 20.0%, MDD -46.7%).

Data 2008-12-01 ~ 2026-07-31daily bars 4,433 (17.7 years)Costs 0.5%Venue TSXMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 22.3%, drawdown -59.7%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 20.0%, MDD -46.7%, Sharpe 0.81, 89% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 2.3%p lower than buy and hold, while drawdown improves by 13.0%p (CAGR 20.0%, MDD -46.7%, 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
Donchian 채널 돌파
entryN=22, exitN=79
20.0%-46.7%0.810.4325.0x2789%
ROC 모멘텀
n=44, threshold=-0.08
16.4%-50.2%0.720.3314.5x10186%
SMA 크로스오버
fast=10, slow=142
14.3%-32.9%0.720.4410.7x4575%
EMA 크로스오버
fast=24, slow=138
14.8%-35.8%0.700.4111.4x2778%
Supertrend
period=17, mult=4.8
9.6%-43.4%0.540.225.0x7463%
Parabolic SAR
step=0.005, maxStep=0.18
6.6%-35.6%0.410.183.1x18163%
MACD
fast=15, slow=53, signal=13
4.8%-45.5%0.340.112.3x25254%
볼린저 밴드 돌파
n=25, k=1.3
4.1%-34.8%0.320.122.0x21253%
Keltner 채널 돌파
emaPeriod=25, atrPeriod=16, mult=1.7
3.0%-34.6%0.270.091.7x16046%
ADX / DI 방향성
period=28, threshold=4
0.2%-47.7%0.100.001.0x29857%
Buy and hold22.3%-59.7%0.740.3734.8x1100%
1x 10x 2009 2012 2015 2018 2021 2024 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -15% -30% -45% -60% 2009 2012 2015 2018 2021 2024 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -46.7% (2021-12-29 → 2022-11-03), recovered after 924 days.

Rules of the top strategy

A new high means a trend starting; a new low means it’s over (turtle-trading style).

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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