Trend-Following Backtester · Guide · backtest 한국어

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State Street SPDR Portfolio Intermediate Term Corporate Bond ETF backtest

10 trend-following strategies were compared on the full daily history of State Street SPDR Portfolio Intermediate Term Corporate Bond ETF. 0 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester.

Data 2009-02-20 ~ 2026-07-31daily bars 4,388 (17.4 years)Costs 0.5%Venue XASEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 0.4%, drawdown -17.3%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 0.3%, MDD -1.5%, Sharpe 0.47, 4% exposure.

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
볼린저 밴드 돌파
n=42, k=3.5
0.3%-1.5%0.470.181.0x24%
Keltner 채널 돌파
emaPeriod=38, atrPeriod=29, mult=3.7
0.2%-2.7%0.210.071.0x86%
ROC 모멘텀
n=11, threshold=0.07
0.0%-0.5%0.120.061.0x20%
Supertrend
period=12, mult=4.3
0.1%-14.2%0.030.001.0x5057%
EMA 크로스오버
fast=50, slow=265
-0.2%-17.7%-0.05-0.011.0x1461%
SMA 크로스오버
fast=33, slow=275
-0.3%-16.0%-0.07-0.021.0x2257%
Donchian 채널 돌파
entryN=13, exitN=72
-0.4%-15.6%-0.09-0.020.9x5282%
ADX / DI 방향성
period=27, threshold=30
-0.1%-3.6%-0.11-0.031.0x83%
MACD
fast=54, slow=82, signal=66
-0.8%-15.1%-0.28-0.050.9x5048%
Parabolic SAR
step=0.005, maxStep=0.36
-3.4%-47.5%-1.10-0.070.5x14652%
Buy and hold0.4%-17.3%0.120.031.1x1100%
1x 2010 2013 2016 2019 2022 2025 볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -4% -9% -13% -17% 2010 2013 2016 2019 2022 2025 Buy and hold볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -1.5% (2019-08-28 → 2019-09-11), prior peak not yet recovered.

Rules of the top strategy

Breaking above the upper band (average plus a multiple of volatility) signals a strong move up.

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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