Trend-Following Backtester · Guide · backtest 한국어

etf · US

Global X Artificial Intelligence & Technology ETF backtest

10 trend-following strategies were compared on the full daily history of Global X Artificial Intelligence & Technology ETF. 2 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is SMA 크로스오버 (CAGR 18.2%, MDD -24.5%).

Data 2018-05-16 ~ 2026-07-31daily bars 2,063 (8.2 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

2 of 10 beat buy and hold (CAGR 18.0%, drawdown -44.8%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 20.6%, MDD -37.2%, Sharpe 0.97, 81% exposure.

Return/drawdown alternative: SMA 크로스오버 — CAGR is 2.6%p higher than buy and hold, while drawdown improves by 7.7%p (CAGR 18.2%, MDD -24.5%, exposure 75%).

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
n=162, threshold=-0.09
20.6%-37.2%0.970.554.7x981%
SMA 크로스오버
fast=5, slow=202
18.2%-24.5%0.970.743.9x1375%
EMA 크로스오버
fast=54, slow=216
17.7%-31.9%0.880.553.8x775%
Donchian 채널 돌파
entryN=17, exitN=79
15.4%-40.3%0.790.383.2x1786%
볼린저 밴드 돌파
n=42, k=0.9
11.5%-28.6%0.790.402.4x6055%
Parabolic SAR
step=0.04, maxStep=0.04
12.7%-38.0%0.780.342.7x8266%
Supertrend
period=28, mult=3.6
12.2%-29.5%0.780.412.6x5663%
Keltner 채널 돌파
emaPeriod=50, atrPeriod=10, mult=1.4
11.3%-23.3%0.760.492.4x6058%
MACD
fast=12, slow=49, signal=13
6.2%-31.4%0.460.201.6x11451%
ADX / DI 방향성
period=25, threshold=9
5.5%-31.7%0.430.171.6x13254%
Buy and hold18.0%-44.8%0.770.403.9x1100%
1x 2019 2020 2021 2022 2023 2024 2025 2026 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -11% -22% -34% -45% 2019 2020 2021 2022 2023 2024 2025 2026 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -37.2% (2020-02-19 → 2020-04-01), recovered after 189 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

Read next