Trend-Following Backtester · Guide · backtest 한국어

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Goldman Sachs Access Treasury 0-1 Year ETF backtest

10 trend-following strategies were compared on the full daily history of Goldman Sachs Access Treasury 0-1 Year ETF. 1 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester.

Data 2016-09-14 ~ 2026-07-31daily bars 2,483 (9.9 years)Costs 0.5%Venue XASEMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR -0.0%, drawdown -1.2%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 0.0%, MDD 0.0%, Sharpe 0.00, 0% exposure.

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
n=19, threshold=0.08
0.0%0.0%0.000.001.0x00%
ADX / DI 방향성
period=100, threshold=22
-0.1%-0.6%-0.17-0.101.0x215%
볼린저 밴드 돌파
n=22, k=3.1
-0.2%-2.1%-0.40-0.101.0x20%
Keltner 채널 돌파
emaPeriod=3, atrPeriod=17, mult=3.5
-0.2%-2.1%-0.40-0.101.0x20%
SMA 크로스오버
fast=65, slow=213
-0.5%-4.8%-0.51-0.101.0x1052%
EMA 크로스오버
fast=104, slow=245
-0.9%-8.3%-0.78-0.110.9x1558%
Donchian 채널 돌파
entryN=105, exitN=73
-1.4%-13.1%-1.23-0.110.9x2237%
Parabolic SAR
step=0.005, maxStep=0.16
-4.7%-37.6%-2.89-0.120.6x7926%
Supertrend
period=7, mult=5
-5.6%-43.2%-3.30-0.130.6x8921%
MACD
fast=47, slow=66, signal=31
-7.8%-55.4%-4.03-0.140.4x14145%
Buy and hold-0.0%-1.2%-0.03-0.031.0x1100%
1x 2017 2019 2021 2023 2025 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -1% -3% -4% -5% 2017 2019 2021 2023 2025 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown 0.0% (2016-09-14 → 2016-09-14), recovered after 1 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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