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Global X Uranium ETF backtest

10 trend-following strategies were compared on the full daily history of Global X Uranium ETF. 10 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 2.9%, MDD -19.3%).

Data 2010-11-05 ~ 2026-07-31daily bars 3,956 (15.7 years)Costs 0.5%Venue XASEMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -6.0%, drawdown -94.7%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 2.9%, MDD -19.3%, Sharpe 0.32, 6% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 8.9%p higher than buy and hold, while drawdown improves by 75.4%p (CAGR 2.9%, MDD -19.3%, exposure 6%).

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=56, k=3.5
2.9%-19.3%0.320.151.6x66%
Donchian 채널 돌파
entryN=154, exitN=70
2.6%-44.6%0.220.061.5x1226%
ADX / DI 방향성
period=26, threshold=16
2.2%-63.3%0.210.031.4x9423%
Keltner 채널 돌파
emaPeriod=57, atrPeriod=24, mult=1.8
1.7%-61.1%0.190.031.3x8631%
EMA 크로스오버
fast=44, slow=231
1.5%-47.8%0.180.031.3x1633%
Supertrend
period=15, mult=3.6
-0.6%-64.8%0.10-0.010.9x9643%
SMA 크로스오버
fast=7, slow=193
-0.8%-73.3%0.09-0.010.9x5437%
ROC 모멘텀
n=149, threshold=0.06
-1.0%-75.0%0.07-0.010.9x12030%
Parabolic SAR
step=0.005, maxStep=0.28
-1.4%-72.4%0.07-0.020.8x12447%
MACD
fast=17, slow=55, signal=18
-2.6%-64.7%0.02-0.040.7x17449%
Buy and hold-6.0%-94.7%0.02-0.060.4x1100%
0.1 1x 2011 2013 2015 2017 2019 2021 2023 2025 볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -24% -47% -71% -95% 2011 2013 2015 2017 2019 2021 2023 2025 Buy and hold볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -19.3% (2025-10-15 → 2025-11-07), 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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