Trend-Following Backtester · Guide · backtest 한국어

etf · GB

iShares FTSE 250 UCITS ETF backtest

10 trend-following strategies were compared on the full daily history of iShares FTSE 250 UCITS ETF. 1 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. Its 100% market exposure makes it hold-like.

Data 2009-01-02 ~ 2026-07-31daily bars 4,440 (17.6 years)Costs 0.5%Venue LSEMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 7.1%, drawdown -41.8%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 8.6%, MDD -32.2%, Sharpe 0.59, 100% 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 100%
n=5, threshold=-0.1
8.6%-32.2%0.590.274.2x7100%
EMA 크로스오버
fast=44, slow=54
4.3%-31.4%0.420.142.1x4567%
Supertrend
period=28, mult=4.9
4.2%-36.7%0.420.112.1x5962%
Donchian 채널 돌파
entryN=45, exitN=50
3.8%-23.7%0.400.161.9x4160%
SMA 크로스오버
fast=43, slow=147
4.0%-40.2%0.390.102.0x2966%
볼린저 밴드 돌파
n=67, k=3.3
0.9%-3.9%0.350.221.2x23%
ADX / DI 방향성
period=21, threshold=34
0.2%-2.3%0.220.091.0x41%
Keltner 채널 돌파
emaPeriod=13, atrPeriod=20, mult=3.5
0.0%-3.7%0.050.011.0x20%
MACD
fast=16, slow=25, signal=13
-0.4%-48.7%0.01-0.010.9x26350%
Parabolic SAR
step=0.015, maxStep=0.02
-2.3%-48.5%-0.15-0.050.7x11966%
Buy and hold7.1%-41.8%0.500.173.4x1100%
1x 2010 2013 2016 2019 2022 2025 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -10% -21% -31% -42% 2010 2013 2016 2019 2022 2025 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -32.2% (2021-09-06 → 2022-10-12), prior peak not yet recovered.

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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