Trend-Following Backtester · Guide · backtest 한국어

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State Street SPDR S&P Homebuilders ETF backtest

10 trend-following strategies were compared on the full daily history of State Street SPDR S&P Homebuilders ETF. 2 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is EMA 크로스오버 (CAGR 4.0%, MDD -38.4%).

Data 2006-02-06 ~ 2026-07-31daily bars 5,153 (20.5 years)Costs 0.5%Venue XASEMonthly snapshot 2026-07-31

Results by strategy

2 of 10 beat buy and hold (CAGR 4.1%, drawdown -82.3%).

Sharpe leader (same as main): Supertrend — CAGR 7.9%, MDD -48.3%, Sharpe 0.47, 59% exposure.

Return/drawdown alternative: EMA 크로스오버 — CAGR is 3.7%p higher than buy and hold, while drawdown improves by 34.0%p (CAGR 4.0%, MDD -38.4%, exposure 62%).

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=23, mult=5
7.9%-48.3%0.470.164.7x5159%
SMA 크로스오버
fast=15, slow=53
4.6%-54.6%0.320.082.5x9959%
EMA 크로스오버
fast=21, slow=192
4.0%-38.4%0.310.102.2x3962%
Donchian 채널 돌파
entryN=111, exitN=67
3.8%-34.0%0.310.112.1x2854%
볼린저 밴드 돌파
n=49, k=0.9
1.9%-37.6%0.190.051.5x15850%
ROC 모멘텀
n=53, threshold=-0.02
1.3%-54.4%0.170.021.3x22766%
MACD
fast=30, slow=58, signal=38
0.7%-63.6%0.140.011.2x14253%
Keltner 채널 돌파
emaPeriod=31, atrPeriod=20, mult=4
-0.0%-20.2%0.03-0.001.0x248%
Parabolic SAR
step=0.005, maxStep=0.36
-1.9%-64.2%0.01-0.030.7x19056%
ADX / DI 방향성
period=39, threshold=16
-0.2%-22.9%0.01-0.011.0x5815%
Buy and hold4.1%-82.3%0.290.052.3x1100%
1x 2007 2010 2013 2016 2019 2022 2025 SupertrendBuy and hold
Supertrend: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -21% -41% -62% -82% 2007 2010 2013 2016 2019 2022 2025 Buy and holdSupertrend
Supertrend maximum drawdown -48.3% (2008-04-03 → 2009-03-31), recovered after 1,372 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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