Trend-Following Backtester · Guide · backtest 한국어

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State Street Real Estate Select Sector SPDR ETF backtest

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

Data 2015-10-08 ~ 2026-07-31daily bars 2,718 (10.8 years)Costs 0.5%Venue XASEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 3.7%, drawdown -39.3%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 0.5%, MDD -4.4%, Sharpe 0.24, 2% exposure.

CAGR reference leader: ROC 모멘텀 — CAGR 0.6%, MDD -42.4%, exposure 99%. It is hold-like at 95%+ exposure and is not used as the featured strategy.

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=26, k=3.5
0.5%-4.4%0.240.111.1x42%
ROC 모멘텀
Hold-like · Exposure 99%
n=1, threshold=-0.03
0.6%-42.4%0.130.011.1x6999%
SMA 크로스오버
fast=59, slow=188
-0.1%-37.0%0.06-0.001.0x1357%
Supertrend
period=28, mult=3.8
-0.3%-28.8%0.05-0.011.0x5561%
Donchian 채널 돌파
entryN=17, exitN=71
-0.8%-49.2%0.02-0.020.9x3379%
Keltner 채널 돌파
emaPeriod=31, atrPeriod=21, mult=3.7
-0.3%-12.7%-0.04-0.021.0x169%
ADX / DI 방향성
period=30, threshold=22
-0.2%-6.2%-0.06-0.031.0x64%
EMA 크로스오버
fast=77, slow=109
-2.1%-38.3%-0.08-0.060.8x2161%
MACD
fast=11, slow=33, signal=15
-3.8%-41.4%-0.24-0.090.7x16751%
Parabolic SAR
step=0.015, maxStep=0.22
-5.2%-46.7%-0.33-0.110.6x20156%
Buy and hold3.7%-39.3%0.280.091.5x1100%
1x 2016 2018 2020 2022 2024 2026 ROC 모멘텀볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), ROC 모멘텀 (CAGR reference), Buy and hold.
0% -11% -21% -32% -42% 2016 2018 2020 2022 2024 2026 Buy and holdROC 모멘텀볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -4.4% (2021-09-01 → 2021-09-13), recovered after 1,065 days.

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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