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Trend-Following Backtester · Guide · backtest 한국어

etf · US

iShares U.S. Oil Equipment & Services ETF backtest

10 trend-following strategies were compared on the full daily history of iShares U.S. Oil Equipment & Services ETF. 10 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 0.6%, MDD -16.4%).

Data 2006-05-05 ~ 2026-07-31daily bars 5,091 (20.2 years)Costs 0.5%Venue XASEMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -3.1%, drawdown -93.5%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 5.2%, MDD -63.3%, Sharpe 0.32, 78% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 8.3%p higher than buy and hold, while drawdown improves by 30.2%p (CAGR 0.6%, MDD -16.4%, exposure 3%).

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=18, exitN=78
5.2%-63.3%0.320.082.8x5078%
SMA 크로스오버
fast=44, slow=54
2.1%-58.4%0.210.041.5x12853%
ROC 모멘텀
n=86, threshold=0.05
1.9%-62.2%0.200.031.5x23643%
Supertrend
period=26, mult=3.4
1.6%-59.2%0.180.031.4x12450%
볼린저 밴드 돌파
n=41, k=1.7
1.7%-45.1%0.180.041.4x11235%
ADX / DI 방향성
period=38, threshold=23
0.6%-16.4%0.160.041.1x63%
MACD
fast=7, slow=55, signal=19
0.1%-72.9%0.140.001.0x28952%
Parabolic SAR
step=0.005, maxStep=0.26
0.1%-70.0%0.130.001.0x18152%
Keltner 채널 돌파
emaPeriod=53, atrPeriod=18, mult=2.1
0.7%-61.8%0.130.011.2x10635%
EMA 크로스오버
fast=31, slow=125
0.1%-63.4%0.110.001.0x4550%
Buy and hold-3.1%-93.5%0.12-0.030.5x1100%
0.1 1x 2007 2010 2013 2016 2019 2022 2025 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -23% -47% -70% -94% 2007 2010 2013 2016 2019 2022 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -63.3% (2017-01-06 → 2020-04-16), recovered after 3,365 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.
Re-run the same setupMore US assetsAll asset reports

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