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Trend-Following Backtester · Guide · backtest 한국어

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Vanguard Total World Bond ETF backtest

10 trend-following strategies were compared on the full daily history of Vanguard Total World Bond ETF. 6 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR -0.1%, MDD -1.2%).

Data 2018-09-06 ~ 2026-07-31daily bars 1,985 (7.9 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

6 of 10 beat buy and hold (CAGR -1.4%, drawdown -20.9%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 0.4%, MDD -3.2%, Sharpe 0.39, 8% exposure.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 1.8%p higher than buy and hold, while drawdown improves by 17.8%p (CAGR -0.1%, MDD -1.2%, exposure 1%).

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=38, k=3.1
0.4%-3.2%0.390.111.0x48%
ADX / DI 방향성
period=24, threshold=32
-0.0%-3.5%-0.03-0.011.0x43%
Keltner 채널 돌파
emaPeriod=12, atrPeriod=20, mult=4
-0.1%-1.2%-0.13-0.051.0x21%
Donchian 채널 돌파
entryN=122, exitN=14
-0.3%-6.4%-0.19-0.051.0x1410%
ROC 모멘텀
Hold-like · Exposure 98%
n=46, threshold=-0.08
-1.5%-22.2%-0.27-0.070.9x598%
SMA 크로스오버
fast=75, slow=142
-0.8%-11.2%-0.29-0.070.9x1445%
EMA 크로스오버
fast=58, slow=142
-1.0%-13.9%-0.31-0.070.9x1244%
Supertrend
period=22, mult=4.5
-1.7%-17.9%-0.51-0.090.9x3847%
MACD
fast=39, slow=72, signal=24
-1.9%-19.2%-0.53-0.100.9x4048%
Parabolic SAR
step=0.005, maxStep=0.24
-4.5%-31.8%-1.28-0.140.7x7053%
Buy and hold-1.4%-20.9%-0.26-0.070.9x1100%
1x 2019 2020 2021 2022 2023 2024 2025 2026 볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -5% -10% -16% -21% 2019 2020 2021 2022 2023 2024 2025 2026 Buy and hold볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -3.2% (2019-08-28 → 2024-08-07), 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 setupMore US assetsAll asset reports

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