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Trend-Following Backtester · Guide · backtest 한국어

etf · CA

iShares Core Canadian Corporate Bond Index ETF backtest

10 trend-following strategies were compared on the full daily history of iShares Core Canadian Corporate Bond Index ETF. 3 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ROC 모멘텀 (CAGR 0.0%, MDD -0.6%).

Data 2006-11-10 ~ 2026-07-31daily bars 4,950 (19.7 years)Costs 0.5%Venue TSXMonthly snapshot 2026-07-31

Results by strategy

3 of 10 beat buy and hold (CAGR -0.1%, drawdown -22.6%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 0.1%, MDD -1.2%, Sharpe 0.25, 2% exposure.

CAGR reference leader: 볼린저 밴드 돌파 — CAGR 0.1%, MDD -2.9%, exposure 4%.

Return/drawdown alternative: ROC 모멘텀 — CAGR is 0.2%p higher than buy and hold, while drawdown improves by 21.4%p (CAGR 0.0%, MDD -0.6%, exposure 0%).

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
ADX / DI 방향성
period=39, threshold=33
0.1%-1.2%0.250.091.0x22%
ROC 모멘텀
n=24, threshold=0.1
0.0%-0.6%0.180.081.0x20%
볼린저 밴드 돌파
n=54, k=3.3
0.1%-2.9%0.150.041.0x44%
EMA 크로스오버
fast=28, slow=224
-0.4%-18.0%-0.08-0.020.9x2052%
Donchian 채널 돌파
entryN=155, exitN=114
-0.5%-16.0%-0.12-0.030.9x1647%
SMA 크로스오버
fast=37, slow=177
-1.0%-26.7%-0.23-0.040.8x2852%
Keltner 채널 돌파
emaPeriod=39, atrPeriod=14, mult=3.9
-0.9%-19.2%-0.45-0.050.8x2811%
Supertrend
period=18, mult=4.8
-1.7%-28.8%-0.45-0.060.7x6950%
Parabolic SAR
step=0.005, maxStep=0.02
-2.6%-41.1%-0.70-0.060.6x10855%
MACD
fast=29, slow=49, signal=24
-4.1%-56.1%-1.06-0.070.4x16451%
Buy and hold-0.1%-22.6%0.01-0.001.0x1100%
1x 2007 2010 2013 2016 2019 2022 2025 볼린저 밴드 돌파ADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), 볼린저 밴드 돌파 (CAGR reference), Buy and hold.
0% -6% -11% -17% -23% 2007 2010 2013 2016 2019 2022 2025 Buy and hold볼린저 밴드 돌파ADX / DI 방향성
ADX / DI 방향성 maximum drawdown -1.2% (2019-03-27 → 2019-04-12), recovered after 57 days.

Rules of the top strategy

Looks at both the direction and the strength of the trend; holds only in a strong uptrend.

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.
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