Trend-Following Backtester · Guide · backtest 한국어

etf · JP

Global X Japan Games & Animation ETF backtest

10 trend-following strategies were compared on the full daily history of Global X Japan Games & Animation ETF. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 8.9%, MDD -17.3%).

Data 2021-06-18 ~ 2026-07-31daily bars 1,251 (5.1 years)Costs 0.5%Venue TSEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 8.9%, drawdown -33.5%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 8.9%, MDD -17.3%, Sharpe 0.58, 69% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 0.0%p lower than buy and hold, while drawdown improves by 16.2%p (CAGR 8.9%, MDD -17.3%, exposure 69%).

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
Donchian 채널 돌파
entryN=15, exitN=32
8.9%-17.3%0.580.511.5x1969%
SMA 크로스오버
fast=23, slow=126
7.4%-18.1%0.520.411.4x1058%
Supertrend
period=37, mult=4.2
6.6%-20.7%0.500.321.4x2354%
EMA 크로스오버
fast=49, slow=137
6.7%-20.4%0.480.331.4x859%
ROC 모멘텀
n=96, threshold=-0.03
1.7%-30.7%0.190.051.1x2968%
볼린저 밴드 돌파
n=23, k=2.1
0.2%-19.3%0.070.011.0x3326%
Parabolic SAR
step=0.005, maxStep=0.12
-0.9%-23.2%0.01-0.041.0x4750%
ADX / DI 방향성
period=28, threshold=22
-0.6%-10.7%-0.06-0.061.0x48%
Keltner 채널 돌파
emaPeriod=24, atrPeriod=9, mult=1.2
-2.8%-35.0%-0.16-0.080.9x6136%
MACD
fast=18, slow=69, signal=21
-4.1%-34.2%-0.23-0.120.8x5146%
Buy and hold8.9%-33.5%0.500.261.5x1100%
1x 2022 2023 2024 2025 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -8% -17% -25% -34% 2022 2023 2024 2025 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -17.3% (2023-06-16 → 2023-12-22), recovered after 537 days.

Rules of the top strategy

A new high means a trend starting; a new low means it’s over (turtle-trading style).

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

Read next