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Trend-Following Backtester · Guide · backtest 한국어

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iShares Core 80/20 Aggressive Allocation ETF backtest

10 trend-following strategies were compared on the full daily history of iShares Core 80/20 Aggressive Allocation ETF. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester.

Data 2008-11-11 ~ 2026-07-31daily bars 4,456 (17.7 years)Costs 0.5%Venue XASEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 7.9%, drawdown -28.4%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 6.9%, MDD -24.6%, Sharpe 0.65, 84% exposure.

CAGR reference leader: ROC 모멘텀 — CAGR 6.9%, MDD -28.3%, exposure 97%. It is hold-like at 95%+ exposure and is not used as the featured strategy.

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
Donchian 채널 돌파
entryN=21, exitN=76
6.9%-24.6%0.650.283.3x3384%
SMA 크로스오버
fast=39, slow=116
5.9%-23.2%0.600.252.7x3572%
EMA 크로스오버
fast=46, slow=90
5.5%-23.0%0.580.242.6x2975%
ROC 모멘텀
Hold-like · Exposure 97%
n=44, threshold=-0.12
6.9%-28.3%0.560.243.3x2597%
Supertrend
period=16, mult=5
3.6%-23.9%0.390.151.9x6967%
Parabolic SAR
step=0.005, maxStep=0.02
2.4%-26.9%0.290.091.5x8269%
ADX / DI 방향성
period=23, threshold=37
0.4%-4.6%0.250.091.1x21%
볼린저 밴드 돌파
n=39, k=3.1
0.1%-2.5%0.130.051.0x43%
Keltner 채널 돌파
emaPeriod=51, atrPeriod=11, mult=1.6
-0.6%-42.2%-0.03-0.010.9x14659%
MACD
fast=23, slow=31, signal=37
-3.1%-55.4%-0.31-0.060.6x18651%
Buy and hold7.9%-28.4%0.570.283.8x1100%
1x 2009 2012 2015 2018 2021 2024 ROC 모멘텀Donchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), ROC 모멘텀 (CAGR reference), Buy and hold.
0% -7% -14% -21% -28% 2009 2012 2015 2018 2021 2024 Buy and holdROC 모멘텀Donchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -24.6% (2021-11-08 → 2022-12-28), recovered after 1,493 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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