Trend-Following Backtester · Guide · backtest 한국어

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iShares Russell 2000 Growth Fund backtest

10 trend-following strategies were compared on the full daily history of iShares Russell 2000 Growth Fund. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 6.0%, MDD -30.6%).

Data 2000-07-28 ~ 2026-07-31daily bars 6,540 (26.0 years)Costs 0.5%Venue XASEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 6.3%, drawdown -60.3%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 6.0%, MDD -30.6%, Sharpe 0.42, 75% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 0.2%p lower than buy and hold, while drawdown improves by 29.8%p (CAGR 6.0%, MDD -30.6%, exposure 75%).

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=69, exitN=107
6.0%-30.6%0.420.204.6x2975%
SMA 크로스오버
fast=19, slow=75
4.9%-42.4%0.380.113.4x10363%
EMA 크로스오버
fast=45, slow=219
4.9%-39.6%0.370.123.5x2967%
Supertrend
period=16, mult=4.3
4.0%-30.3%0.340.132.8x10757%
ROC 모멘텀
n=78, threshold=-0.06
3.1%-53.1%0.260.062.2x17978%
Parabolic SAR
step=0.005, maxStep=0.22
0.8%-46.7%0.130.021.2x25859%
볼린저 밴드 돌파
n=58, k=1.3
0.4%-39.8%0.100.011.1x15047%
Keltner 채널 돌파
emaPeriod=56, atrPeriod=28, mult=2.1
0.2%-37.2%0.080.011.1x14643%
ADX / DI 방향성
period=35, threshold=22
-0.1%-25.2%-0.00-0.001.0x162%
MACD
fast=11, slow=22, signal=17
-2.7%-54.3%-0.09-0.050.5x42650%
Buy and hold6.3%-60.3%0.370.104.9x1100%
1x 2001 2005 2009 2013 2017 2021 2025 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -15% -30% -45% -60% 2001 2005 2009 2013 2017 2021 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -30.6% (2021-02-09 → 2022-09-26), recovered after 1,795 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 setupAll asset reports

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