Trend-Following Backtester · Guide · backtest 한국어

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WisdomTree International Hedged Quality Dividend Growth Fund backtest

10 trend-following strategies were compared on the full daily history of WisdomTree International Hedged Quality Dividend Growth Fund. 0 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. Its 99% market exposure makes it hold-like.

Data 2014-05-07 ~ 2026-07-31daily bars 3,077 (12.2 years)Costs 0.5%Venue XASEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 6.2%, drawdown -29.2%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 5.6%, MDD -25.3%, Sharpe 0.44, 99% exposure. With at least 95% exposure, it should be treated as hold-like, not strong evidence of timing skill.

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
Hold-like · Exposure 99%
n=10, threshold=-0.1
5.6%-25.3%0.440.221.9x1999%
Donchian 채널 돌파
entryN=104, exitN=92
2.2%-19.4%0.290.111.3x1547%
SMA 크로스오버
fast=52, slow=112
1.5%-29.2%0.180.051.2x2762%
Keltner 채널 돌파
emaPeriod=34, atrPeriod=27, mult=3.8
0.5%-9.4%0.140.051.1x3018%
볼린저 밴드 돌파
n=58, k=2.1
0.5%-13.1%0.120.041.1x3328%
ADX / DI 방향성
period=25, threshold=22
0.3%-10.4%0.110.031.0x1811%
Supertrend
period=16, mult=4.6
0.5%-27.5%0.100.021.1x6760%
EMA 크로스오버
fast=20, slow=198
0.3%-30.4%0.080.011.0x2769%
MACD
fast=19, slow=41, signal=23
-1.4%-31.8%-0.12-0.050.8x12651%
Parabolic SAR
step=0.015, maxStep=0.22
-4.7%-52.8%-0.43-0.090.6x22260%
Buy and hold6.2%-29.2%0.460.212.1x1100%
1x 2015 2017 2019 2021 2023 2025 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -7% -15% -22% -29% 2015 2017 2019 2021 2023 2025 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -25.3% (2021-09-07 → 2022-12-30), recovered after 1,627 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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