Trend-Following Backtester · Guide · backtest 한국어

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VanEck World Equal Weight Screened UCITS ETF backtest

10 trend-following strategies were compared on the full daily history of VanEck World Equal Weight Screened UCITS ETF. 3 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. Its 99% market exposure makes it hold-like. The return/drawdown alternative is ADX / DI 방향성 (CAGR 0.7%, MDD -3.0%).

Data 2013-05-03 ~ 2026-07-31daily bars 3,388 (13.2 years)Costs 0.5%Venue EURONEXTMonthly snapshot 2026-07-31

Results by strategy

3 of 10 beat buy and hold (CAGR -1.6%, drawdown -77.7%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR -2.0%, MDD -77.7%, Sharpe 0.50, 99% exposure. With at least 95% exposure, it should be treated as hold-like, not strong evidence of timing skill.

CAGR reference leader: SMA 크로스오버 — CAGR 5.2%, MDD -34.5%, exposure 68%.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 0.4%p lower than buy and hold, while drawdown improves by 0.0%p (CAGR 0.7%, MDD -3.0%, exposure 3%).

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 99%
n=4, threshold=-0.08
-2.0%-77.7%0.50-0.030.8x2399%
SMA 크로스오버
fast=74, slow=216
5.2%-34.5%0.450.151.9x1568%
ADX / DI 방향성
period=18, threshold=34
0.7%-3.0%0.420.241.1x43%
MACD
fast=14, slow=23, signal=17
-10.7%-95.4%0.30-0.110.2x20052%
EMA 크로스오버
fast=59, slow=92
2.5%-29.4%0.280.091.4x2367%
Donchian 채널 돌파
entryN=105, exitN=65
-6.4%-76.3%0.27-0.080.4x2160%
Parabolic SAR
step=0.045, maxStep=0.28
-34.2%-99.6%0.16-0.340.0x45057%
볼린저 밴드 돌파
n=21, k=1.1
-21.8%-96.4%0.16-0.230.0x19850%
Supertrend
period=15, mult=4.8
-40.4%-99.9%-0.10-0.400.0x6960%
Keltner 채널 돌파
emaPeriod=54, atrPeriod=19, mult=4
-34.8%-99.7%-0.54-0.350.0x4325%
Buy and hold-1.6%-77.7%0.50-0.020.8x1100%
1x 2014 2016 2018 2020 2022 2024 2026 SMA 크로스오버ROC 모멘텀Buy and hold
ROC 모멘텀 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -19% -39% -58% -78% 2014 2016 2018 2020 2022 2024 2026 Buy and holdSMA 크로스오버ROC 모멘텀
ROC 모멘텀 maximum drawdown -77.7% (2013-05-20 → 2013-08-27), 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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