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Trend-Following Backtester · Guide · backtest 한국어

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Direxion Daily Aerospace & Defense Bull 3X ETF backtest

10 trend-following strategies were compared on the full daily history of Direxion Daily Aerospace & Defense Bull 3X ETF. 1 beat buy-and-hold CAGR; Parabolic SAR ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is MACD (CAGR 12.6%, MDD -59.3%).

Data 2017-05-03 ~ 2026-07-31daily bars 2,324 (9.2 years)Costs 0.5%Venue XASEMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 12.8%, drawdown -91.4%).

Sharpe leader (same as main): Parabolic SAR — CAGR 24.2%, MDD -79.7%, Sharpe 0.54, 57% exposure.

Return/drawdown alternative: MACD — CAGR is 11.4%p higher than buy and hold, while drawdown improves by 11.7%p (CAGR 12.6%, MDD -59.3%, exposure 52%).

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
Parabolic SAR
step=0.015, maxStep=0.24
24.2%-79.7%0.540.307.4x16757%
MACD
fast=16, slow=27, signal=11
12.6%-59.3%0.490.213.0x14852%
ADX / DI 방향성
period=37, threshold=26
4.3%-27.8%0.440.151.5x85%
EMA 크로스오버
fast=46, slow=76
5.6%-81.7%0.360.071.7x1963%
SMA 크로스오버
fast=30, slow=134
3.2%-82.6%0.330.041.3x2359%
Supertrend
period=19, mult=2.1
4.6%-79.7%0.320.061.5x12958%
Donchian 채널 돌파
entryN=12, exitN=55
-2.9%-91.9%0.28-0.030.8x3186%
볼린저 밴드 돌파
n=19, k=1.1
1.8%-77.6%0.240.021.2x14646%
Keltner 채널 돌파
emaPeriod=47, atrPeriod=27, mult=3.8
2.1%-54.8%0.200.041.2x2018%
ROC 모멘텀
n=17, threshold=0.14
-0.2%-61.9%0.14-0.001.0x17819%
Buy and hold12.8%-91.4%0.530.143.0x1100%
1x 2018 2020 2022 2024 2026 Parabolic SARBuy and hold
Parabolic SAR: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -23% -46% -69% -91% 2018 2020 2022 2024 2026 Buy and holdParabolic SAR
Parabolic SAR maximum drawdown -79.7% (2020-06-08 → 2022-07-18), recovered after 1,514 days.

Rules of the top strategy

Trades around the Parabolic SAR dots that accelerate toward price.

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 setupMore US assetsAll asset reports

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