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Trend-Following Backtester · Guide · backtest 한국어

etf · US

Principal U.S. Mega-Cap ETF backtest

10 trend-following strategies were compared on the full daily history of Principal U.S. Mega-Cap ETF. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester.

Data 2017-10-12 ~ 2026-07-31daily bars 2,211 (8.8 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 13.1%, drawdown -30.0%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 8.0%, MDD -13.8%, Sharpe 0.79, 65% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 9.2%, MDD -18.3%, exposure 74%.

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=80, exitN=65
8.0%-13.8%0.790.582.0x1365%
SMA 크로스오버
fast=13, slow=179
9.2%-18.3%0.790.502.2x1374%
EMA 크로스오버
fast=31, slow=44
8.1%-27.0%0.720.302.0x2575%
Supertrend
period=13, mult=4.4
5.9%-24.7%0.640.241.6x4561%
MACD
fast=13, slow=72, signal=19
5.7%-16.3%0.620.351.6x7853%
ROC 모멘텀
n=146, threshold=-0.03
6.5%-25.7%0.540.251.7x3782%
Keltner 채널 돌파
emaPeriod=43, atrPeriod=23, mult=1.5
4.1%-13.9%0.480.301.4x6660%
볼린저 밴드 돌파
n=55, k=0.7
4.0%-22.6%0.440.181.4x6264%
Parabolic SAR
step=0.01, maxStep=0.16
2.7%-18.9%0.290.141.3x13264%
ADX / DI 방향성
period=20, threshold=39
-0.1%-7.4%-0.03-0.011.0x22%
Buy and hold13.1%-30.0%0.770.443.0x1100%
1x 2018 2020 2022 2024 2026 SMA 크로스오버Donchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -7% -15% -22% -30% 2018 2020 2022 2024 2026 Buy and holdSMA 크로스오버Donchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -13.8% (2021-12-27 → 2023-03-13), recovered after 533 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 setupMore US assetsAll asset reports

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