Trend-Following Backtester · Guide · backtest 한국어

etf · CA

Vanguard FTSE Global All Cap ex Canada Index ETF backtest

10 trend-following strategies were compared on the full daily history of Vanguard FTSE Global All Cap ex Canada Index ETF. 0 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. Its 99% market exposure makes it hold-like.

Data 2014-07-09 ~ 2026-07-31daily bars 3,028 (12.1 years)Costs 0.5%Venue TSXMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 10.4%, drawdown -27.3%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 10.1%, MDD -22.1%, Sharpe 0.80, 99% exposure. With at least 95% exposure, it should be treated as hold-like, not strong evidence of timing skill.

No strategy retained at least 75% of buy-and-hold CAGR while reducing drawdown by both 20% relatively and 5 percentage points absolutely.

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
Hold-like · Exposure 99%
n=20, threshold=-0.11
10.1%-22.1%0.800.463.2x599%
EMA 크로스오버
fast=11, slow=119
7.1%-18.4%0.730.382.3x2775%
SMA 크로스오버
fast=7, slow=121
6.1%-18.7%0.650.332.0x3372%
Donchian 채널 돌파
entryN=20, exitN=38
5.8%-19.1%0.600.302.0x4776%
Supertrend
period=29, mult=5
4.1%-24.5%0.470.171.6x5368%
볼린저 밴드 돌파
n=59, k=0.8
1.6%-23.9%0.220.071.2x9062%
Keltner 채널 돌파
emaPeriod=52, atrPeriod=15, mult=1.2
0.8%-27.2%0.130.031.1x10664%
ADX / DI 방향성
period=39, threshold=7
0.3%-23.7%0.080.011.0x14861%
Parabolic SAR
step=0.015, maxStep=0.1
-0.0%-32.3%0.04-0.001.0x19861%
MACD
fast=15, slow=57, signal=11
-2.3%-36.0%-0.22-0.060.8x18452%
Buy and hold10.4%-27.3%0.730.383.3x1100%
1x 2015 2017 2019 2021 2023 2025 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -7% -14% -20% -27% 2015 2017 2019 2021 2023 2025 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -22.1% (2021-12-29 → 2022-06-16), recovered after 756 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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