Trend-Following Backtester · Guide · backtest 한국어

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iShares Russell Midcap Growth ETF backtest

10 trend-following strategies were compared on the full daily history of iShares Russell Midcap Growth ETF. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is SMA 크로스오버 (CAGR 7.3%, MDD -25.9%).

Data 2001-08-02 ~ 2026-07-31daily bars 6,285 (25.0 years)Costs 0.5%Venue XASEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 8.3%, drawdown -57.3%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 7.6%, MDD -31.2%, Sharpe 0.61, 71% exposure.

Return/drawdown alternative: SMA 크로스오버 — CAGR is 0.7%p lower than buy and hold, while drawdown improves by 26.2%p (CAGR 7.3%, MDD -25.9%, exposure 72%).

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=44, exitN=56
7.6%-31.2%0.610.256.3x4971%
SMA 크로스오버
fast=7, slow=212
7.3%-25.9%0.600.285.9x4672%
EMA 크로스오버
fast=14, slow=181
7.0%-26.8%0.570.265.4x4773%
ROC 모멘텀
n=121, threshold=-0.08
6.4%-34.6%0.470.194.8x11186%
Supertrend
period=22, mult=4.9
4.9%-33.2%0.430.153.3x9564%
Keltner 채널 돌파
emaPeriod=87, atrPeriod=13, mult=2.4
3.8%-27.1%0.390.142.5x10655%
볼린저 밴드 돌파
n=48, k=0.8
1.6%-36.6%0.190.041.5x21057%
Parabolic SAR
step=0.005, maxStep=0.36
-0.9%-47.0%0.01-0.020.8x25662%
ADX / DI 방향성
period=52, threshold=11
-1.1%-43.7%-0.11-0.030.8x11423%
MACD
fast=19, slow=29, signal=20
-2.5%-64.3%-0.11-0.040.5x30851%
Buy and hold8.3%-57.3%0.480.157.4x1100%
1x 2002 2006 2010 2014 2018 2022 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -14% -29% -43% -57% 2002 2006 2010 2014 2018 2022 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -31.2% (2021-11-16 → 2022-12-28), recovered after 1,395 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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