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Trend-Following Backtester · Guide · backtest 한국어

etf · JP

iShares Japan REIT ETF backtest

10 trend-following strategies were compared on the full daily history of iShares Japan REIT ETF. 5 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 2.3%, MDD -6.5%).

Data 2015-10-16 ~ 2026-07-31daily bars 2,655 (10.8 years)Costs 0.5%Venue TSEMonthly snapshot 2026-07-31

Results by strategy

5 of 10 beat buy and hold (CAGR 1.1%, drawdown -45.8%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 2.3%, MDD -6.5%, Sharpe 0.54, 9% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 3.2%, MDD -16.4%, exposure 52%.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 1.2%p higher than buy and hold, while drawdown improves by 39.3%p (CAGR 2.3%, MDD -6.5%, exposure 9%).

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=35, threshold=28
2.3%-6.5%0.540.351.3x109%
Keltner 채널 돌파
emaPeriod=55, atrPeriod=8, mult=3.6
2.3%-12.0%0.520.191.3x1621%
SMA 크로스오버
fast=69, slow=107
3.2%-16.4%0.430.201.4x2652%
볼린저 밴드 돌파
n=73, k=2.5
2.1%-19.8%0.390.111.2x1623%
Donchian 채널 돌파
entryN=102, exitN=31
1.8%-18.2%0.350.101.2x1627%
EMA 크로스오버
fast=47, slow=82
1.1%-24.4%0.180.051.1x2050%
ROC 모멘텀
n=106, threshold=0.05
0.2%-24.0%0.060.011.0x7628%
Supertrend
period=24, mult=5
-0.4%-35.9%-0.00-0.011.0x3157%
Parabolic SAR
step=0.005, maxStep=0.06
-1.3%-35.9%-0.08-0.040.9x8356%
MACD
fast=16, slow=58, signal=20
-6.1%-55.5%-0.65-0.110.5x13352%
Buy and hold1.1%-45.8%0.150.021.1x1100%
1x 2016 2018 2020 2022 2024 2026 SMA 크로스오버ADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -11% -23% -34% -46% 2016 2018 2020 2022 2024 2026 Buy and holdSMA 크로스오버ADX / DI 방향성
ADX / DI 방향성 maximum drawdown -6.5% (2016-02-01 → 2016-02-10), recovered after 23 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.
Re-run the same setupMore JP assetsAll asset reports

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