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Trend-Following Backtester · Guide · backtest 한국어

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iShares Global Industrials ETF backtest

10 trend-following strategies were compared on the full daily history of iShares Global Industrials ETF. 0 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ROC 모멘텀 (CAGR 6.0%, MDD -29.3%).

Data 2006-09-27 ~ 2026-07-31daily bars 4,991 (19.8 years)Costs 0.5%Venue XASEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 7.0%, drawdown -63.9%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 6.0%, MDD -29.3%, Sharpe 0.47, 81% exposure.

Return/drawdown alternative: ROC 모멘텀 — CAGR is 0.9%p lower than buy and hold, while drawdown improves by 34.6%p (CAGR 6.0%, MDD -29.3%, exposure 81%).

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
n=53, threshold=-0.04
6.0%-29.3%0.470.213.2x11981%
EMA 크로스오버
fast=35, slow=82
5.1%-31.2%0.450.162.7x4570%
SMA 크로스오버
fast=12, slow=216
4.7%-24.7%0.430.192.5x3968%
Supertrend
period=10, mult=4
3.4%-24.2%0.340.142.0x11960%
Donchian 채널 돌파
entryN=32, exitN=79
4.2%-63.1%0.340.072.3x3982%
Parabolic SAR
step=0.02, maxStep=0.02
2.3%-32.1%0.240.071.6x11268%
Keltner 채널 돌파
emaPeriod=52, atrPeriod=19, mult=4
1.4%-16.8%0.210.081.3x6234%
볼린저 밴드 돌파
n=48, k=3.5
0.1%-2.7%0.100.041.0x21%
ADX / DI 방향성
period=38, threshold=19
0.1%-12.2%0.040.011.0x268%
MACD
fast=18, slow=23, signal=17
-1.0%-39.9%-0.01-0.030.8x27650%
Buy and hold7.0%-63.9%0.430.113.8x1100%
1x 2007 2010 2013 2016 2019 2022 2025 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -16% -32% -48% -64% 2007 2010 2013 2016 2019 2022 2025 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -29.3% (2021-11-08 → 2022-10-06), recovered after 1,520 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 setupMore US assetsAll asset reports

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