Trend-Following Backtester · Guide · backtest 한국어

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Vanguard Consumer Staples ETF backtest

10 trend-following strategies were compared on the full daily history of Vanguard Consumer Staples ETF. 0 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. Its 97% market exposure makes it hold-like.

Data 2004-01-30 ~ 2026-07-31daily bars 5,661 (22.5 years)Costs 0.5%Venue XASEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 6.9%, drawdown -36.6%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 6.5%, MDD -29.1%, Sharpe 0.57, 97% exposure. With at least 95% exposure, it should be treated as hold-like, not strong evidence of timing skill.

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
ROC 모멘텀
Hold-like · Exposure 97%
n=34, threshold=-0.09
6.5%-29.1%0.570.224.1x2397%
Donchian 채널 돌파
entryN=15, exitN=77
4.4%-21.1%0.440.212.7x4988%
EMA 크로스오버
fast=47, slow=174
3.2%-29.7%0.340.112.1x2980%
SMA 크로스오버
fast=41, slow=195
2.8%-30.6%0.300.091.9x3177%
Supertrend
period=34, mult=3.3
0.6%-27.4%0.110.021.1x15367%
ADX / DI 방향성
period=37, threshold=23
0.0%-8.2%0.020.001.0x82%
Keltner 채널 돌파
emaPeriod=10, atrPeriod=17, mult=2.7
-0.0%-6.9%-0.00-0.001.0x81%
Parabolic SAR
step=0.005, maxStep=0.08
-0.6%-27.5%-0.02-0.020.9x20964%
볼린저 밴드 돌파
n=30, k=3
-0.1%-7.5%-0.03-0.011.0x82%
MACD
fast=28, slow=58, signal=15
-3.6%-56.2%-0.39-0.060.4x24751%
Buy and hold6.9%-36.6%0.550.194.5x1100%
1x 2005 2008 2011 2014 2017 2020 2023 2026 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -9% -18% -27% -37% 2005 2008 2011 2014 2017 2020 2023 2026 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -29.1% (2007-12-10 → 2009-02-23), recovered after 1,019 days.

Rules of the top strategy

Rides the trend when recent return (momentum) over a window is above a threshold.

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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