Trend-Following Backtester · Guide · backtest 한국어

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First Trust NASDAQ Technology Dividend Index Fund backtest

10 trend-following strategies were compared on the full daily history of First Trust NASDAQ Technology Dividend Index Fund. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester.

Data 2012-08-14 ~ 2026-07-31daily bars 3,510 (14.0 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 13.0%, drawdown -33.0%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 11.6%, MDD -27.5%, Sharpe 0.77, 89% exposure.

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
Donchian 채널 돌파
entryN=19, exitN=105
11.6%-27.5%0.770.424.7x1789%
EMA 크로스오버
fast=51, slow=108
10.0%-28.6%0.710.353.8x1380%
SMA 크로스오버
fast=20, slow=178
9.3%-28.6%0.680.333.5x1777%
ROC 모멘텀
n=128, threshold=-0.04
7.7%-35.1%0.560.222.8x7583%
Supertrend
period=25, mult=4
6.1%-24.2%0.520.252.3x7269%
Keltner 채널 돌파
emaPeriod=39, atrPeriod=21, mult=3.7
2.0%-20.1%0.290.101.3x3825%
볼린저 밴드 돌파
n=45, k=2.3
1.3%-15.3%0.200.091.2x4227%
MACD
fast=17, slow=26, signal=17
1.7%-27.5%0.200.061.3x18850%
Parabolic SAR
step=0.015, maxStep=0.12
-0.3%-40.4%0.04-0.011.0x25959%
ADX / DI 방향성
period=30, threshold=18
-1.3%-35.0%-0.15-0.040.8x4619%
Buy and hold13.0%-33.0%0.730.395.5x1100%
1x 2013 2015 2017 2019 2021 2023 2025 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -8% -16% -25% -33% 2013 2015 2017 2019 2021 2023 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -27.5% (2022-01-04 → 2022-11-03), recovered after 706 days.

Rules of the top strategy

A new high means a trend starting; a new low means it’s over (turtle-trading style).

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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