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Trend-Following Backtester · Guide · backtest 한국어

etf · DE

US Research Enhanced Index Equity Active UCITS ETF backtest

10 trend-following strategies were compared on the full daily history of US Research Enhanced Index Equity Active UCITS ETF. 0 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ROC 모멘텀 (CAGR 14.3%, MDD -21.5%).

Data 2018-10-16 ~ 2026-07-31daily bars 1,976 (7.8 years)Costs 0.5%Venue XETRMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 15.2%, drawdown -33.7%).

Sharpe leader (same as main): Supertrend — CAGR 11.3%, MDD -14.4%, Sharpe 1.01, 70% exposure.

CAGR reference leader: ROC 모멘텀 — CAGR 14.3%, MDD -21.5%, exposure 92%.

Return/drawdown alternative: ROC 모멘텀 — CAGR is 4.0%p lower than buy and hold, while drawdown improves by 19.3%p (CAGR 14.3%, MDD -21.5%, exposure 92%).

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=14, mult=5
11.3%-14.4%1.010.782.3x4170%
ROC 모멘텀
n=46, threshold=-0.09
14.3%-21.5%1.000.662.8x2192%
Donchian 채널 돌파
entryN=12, exitN=55
13.7%-25.9%0.970.532.7x1990%
EMA 크로스오버
fast=16, slow=81
11.4%-22.6%0.930.502.3x2177%
Keltner 채널 돌파
emaPeriod=57, atrPeriod=23, mult=1.9
9.3%-11.2%0.890.832.0x4466%
SMA 크로스오버
fast=9, slow=56
9.7%-17.8%0.830.542.1x3774%
볼린저 밴드 돌파
n=53, k=1.3
7.6%-12.6%0.780.611.8x4060%
MACD
fast=19, slow=31, signal=17
5.1%-17.6%0.560.291.5x9650%
ADX / DI 방향성
period=27, threshold=12
4.0%-21.8%0.440.181.4x8059%
Parabolic SAR
step=0.015, maxStep=0.26
2.3%-25.8%0.260.091.2x12666%
Buy and hold15.2%-33.7%0.910.453.0x1100%
1x 2019 2020 2021 2022 2023 2024 2025 2026 ROC 모멘텀SupertrendBuy and hold
Supertrend (Sharpe leader), ROC 모멘텀 (CAGR reference), Buy and hold.
0% -8% -17% -25% -34% 2019 2020 2021 2022 2023 2024 2025 2026 Buy and holdROC 모멘텀Supertrend
Supertrend maximum drawdown -14.4% (2022-08-18 → 2023-05-24), recovered after 529 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.
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