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Direxion Daily Homebuilders & Supplies Bull 3X ETF backtest

10 trend-following strategies were compared on the full daily history of Direxion Daily Homebuilders & Supplies Bull 3X ETF. 9 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 7.9%, MDD -21.9%).

Data 2015-08-19 ~ 2026-07-31daily bars 2,753 (10.9 years)Costs 0.5%Venue XASEMonthly snapshot 2026-07-31

Results by strategy

9 of 10 beat buy and hold (CAGR -0.7%, drawdown -93.8%).

Sharpe leader (same as main): Supertrend — CAGR 30.8%, MDD -62.3%, Sharpe 0.77, 55% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 31.5%p higher than buy and hold, while drawdown improves by 31.5%p (CAGR 7.9%, MDD -21.9%, exposure 8%).

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
Supertrend
period=8, mult=4.5
30.8%-62.3%0.770.4918.9x4155%
SMA 크로스오버
fast=6, slow=63
27.7%-56.2%0.730.4914.5x5455%
볼린저 밴드 돌파
n=47, k=0.7
26.9%-51.2%0.730.5213.5x7849%
Donchian 채널 돌파
entryN=34, exitN=27
26.8%-57.5%0.720.4713.4x3649%
EMA 크로스오버
fast=19, slow=41
23.7%-57.3%0.670.4110.3x4455%
ADX / DI 방향성
period=13, threshold=39
7.9%-21.9%0.560.362.3x248%
ROC 모멘텀
n=36, threshold=0.05
15.7%-57.8%0.540.275.0x17248%
MACD
fast=14, slow=32, signal=16
14.2%-81.5%0.520.174.3x14453%
Keltner 채널 돌파
emaPeriod=31, atrPeriod=16, mult=1.1
8.8%-65.7%0.420.132.5x11644%
Parabolic SAR
step=0.01, maxStep=0.18
-3.3%-85.7%0.22-0.040.7x15651%
Buy and hold-0.7%-93.8%0.45-0.010.9x1100%
1x 10x 2016 2018 2020 2022 2024 2026 SupertrendBuy and hold
Supertrend: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -23% -47% -70% -94% 2016 2018 2020 2022 2024 2026 Buy and holdSupertrend
Supertrend maximum drawdown -62.3% (2021-05-10 → 2022-11-21), recovered after 778 days.

Rules of the top strategy

Trades the direction of a volatility-based trend line that trails below/above price.

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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