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Trend-Following Backtester · Guide · backtest 한국어

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KB RISE KOSPI ETF Units backtest

10 trend-following strategies were compared on the full daily history of KB RISE KOSPI ETF Units. 2 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 14.5%, MDD -19.9%).

Data 2018-07-24 ~ 2026-07-31daily bars 1,941 (8.0 years)Costs 0.5%Venue KRXMonthly snapshot 2026-07-31

Results by strategy

2 of 10 beat buy and hold (CAGR 14.6%, drawdown -38.7%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 14.5%, MDD -19.9%, Sharpe 0.95, 41% exposure.

CAGR reference leader: EMA 크로스오버 — CAGR 16.5%, MDD -25.3%, exposure 59%.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 0.1%p lower than buy and hold, while drawdown improves by 18.9%p (CAGR 14.5%, MDD -19.9%, exposure 41%).

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=22, exitN=11
14.5%-19.9%0.950.733.0x5241%
EMA 크로스오버
fast=5, slow=93
16.5%-25.3%0.900.653.4x3459%
SMA 크로스오버
fast=6, slow=78
15.7%-25.9%0.870.603.2x3660%
Supertrend
period=23, mult=4.9
13.9%-21.0%0.870.662.8x3455%
ROC 모멘텀
n=145, threshold=0.12
14.2%-38.7%0.800.372.9x2128%
볼린저 밴드 돌파
n=20, k=1.3
10.9%-22.6%0.800.482.3x7842%
Keltner 채널 돌파
emaPeriod=20, atrPeriod=15, mult=1.9
10.3%-24.7%0.790.422.2x5032%
MACD
fast=11, slow=57, signal=18
11.8%-39.5%0.790.302.4x8652%
ADX / DI 방향성
period=33, threshold=7
10.9%-33.3%0.700.332.3x8850%
Parabolic SAR
step=0.03, maxStep=0.1
5.3%-43.3%0.420.121.5x15057%
Buy and hold14.6%-38.7%0.680.383.0x1100%
1x 2019 2020 2021 2022 2023 2024 2025 2026 EMA 크로스오버Donchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), EMA 크로스오버 (CAGR reference), Buy and hold.
0% -10% -19% -29% -39% 2019 2020 2021 2022 2023 2024 2025 2026 Buy and holdEMA 크로스오버Donchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -19.9% (2026-02-26 → 2026-03-05), recovered after 74 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.
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