Trend-Following Backtester · Guide · backtest 한국어

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iShares Short Duration Bond Active ETF backtest

10 trend-following strategies were compared on the full daily history of iShares Short Duration Bond Active ETF. 0 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. Its 99% market exposure makes it hold-like.

Data 2013-10-03 ~ 2026-07-31daily bars 3,225 (12.8 years)Costs 0.5%Venue ARCXMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 0.0%, drawdown -9.7%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR -0.0%, MDD -3.5%, Sharpe -0.01, 99% exposure. With at least 95% exposure, it should be treated as hold-like, not strong evidence of timing skill.

CAGR reference leader: 볼린저 밴드 돌파 — CAGR -0.0%, MDD -1.1%, exposure 2%.

No strategy retained at least 75% of buy-and-hold CAGR while reducing drawdown by both 20% relatively and 5 percentage points absolutely.

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=23, threshold=-0.02
-0.0%-3.5%-0.01-0.011.0x399%
볼린저 밴드 돌파
n=43, k=3.2
-0.0%-1.1%-0.05-0.021.0x22%
SMA 크로스오버
fast=55, slow=268
-0.2%-5.0%-0.19-0.051.0x852%
EMA 크로스오버
fast=47, slow=214
-0.3%-5.4%-0.22-0.051.0x1056%
ADX / DI 방향성
period=27, threshold=33
-0.1%-1.3%-0.38-0.081.0x20%
Keltner 채널 돌파
emaPeriod=17, atrPeriod=18, mult=3.6
-0.2%-2.6%-0.44-0.071.0x63%
Donchian 채널 돌파
entryN=104, exitN=64
-1.4%-16.9%-0.65-0.080.8x1848%
Supertrend
period=27, mult=5
-0.9%-10.4%-0.66-0.080.9x2852%
MACD
fast=48, slow=93, signal=54
-1.8%-20.5%-1.32-0.090.8x5040%
Parabolic SAR
step=0.005, maxStep=0.34
-4.4%-44.1%-2.56-0.100.6x11547%
Buy and hold0.0%-9.7%0.030.001.0x1100%
1x 2014 2016 2018 2020 2022 2024 2026 볼린저 밴드 돌파ROC 모멘텀Buy and hold
ROC 모멘텀 (Sharpe leader), 볼린저 밴드 돌파 (CAGR reference), Buy and hold.
0% -2% -5% -7% -10% 2014 2016 2018 2020 2022 2024 2026 Buy and hold볼린저 밴드 돌파ROC 모멘텀
ROC 모멘텀 maximum drawdown -3.5% (2020-02-27 → 2022-11-01), recovered after 1,618 days.

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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