Trend-Following Backtester · Guide · backtest 한국어

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ARK Space & Defense Innovation ETF backtest

10 trend-following strategies were compared on the full daily history of ARK Space & Defense Innovation ETF. 6 beat buy-and-hold CAGR; SMA 크로스오버 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is EMA 크로스오버 (CAGR 13.2%, MDD -25.5%).

Data 2021-03-30 ~ 2026-07-31daily bars 1,341 (5.3 years)Costs 0.5%Venue ARCXMonthly snapshot 2026-07-31

Results by strategy

6 of 10 beat buy and hold (CAGR 7.9%, drawdown -43.6%).

Sharpe leader (same as main): SMA 크로스오버 — CAGR 14.6%, MDD -25.5%, Sharpe 0.73, 59% exposure.

Return/drawdown alternative: EMA 크로스오버 — CAGR is 6.7%p higher than buy and hold, while drawdown improves by 18.1%p (CAGR 13.2%, MDD -25.5%, exposure 55%).

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
SMA 크로스오버
fast=58, slow=178
14.6%-25.5%0.730.572.1x359%
EMA 크로스오버
fast=40, slow=171
13.2%-25.5%0.680.521.9x355%
ROC 모멘텀
n=178, threshold=-0.08
13.7%-25.5%0.680.542.0x1564%
MACD
fast=18, slow=29, signal=22
10.8%-32.9%0.650.331.7x5247%
Supertrend
period=11, mult=2.9
10.4%-32.1%0.620.321.7x4051%
Parabolic SAR
step=0.005, maxStep=0.08
9.4%-32.2%0.560.291.6x4852%
볼린저 밴드 돌파
n=37, k=1
7.1%-24.7%0.490.291.4x4241%
Keltner 채널 돌파
emaPeriod=12, atrPeriod=19, mult=2.1
4.0%-13.5%0.430.301.2x2816%
Donchian 채널 돌파
entryN=79, exitN=71
6.0%-22.2%0.390.271.4x854%
ADX / DI 방향성
period=17, threshold=30
2.3%-11.7%0.350.201.1x86%
Buy and hold7.9%-43.6%0.410.181.5x1100%
1x 2022 2023 2024 2025 2026 SMA 크로스오버Buy and hold
SMA 크로스오버: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -11% -22% -33% -44% 2022 2023 2024 2025 2026 Buy and holdSMA 크로스오버
SMA 크로스오버 maximum drawdown -25.5% (2025-01-24 → 2025-04-08), recovered after 133 days.

Rules of the top strategy

When the short average rises above the long average, it reads that as an uptrend starting.

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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