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Vanguard Russell 1000 Value ETF backtest

10 trend-following strategies were compared on the full daily history of Vanguard Russell 1000 Value ETF. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 8.3%, MDD -20.9%).

Data 2010-09-22 ~ 2026-07-31daily bars 3,988 (15.9 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 9.6%, drawdown -38.2%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 8.3%, MDD -20.9%, Sharpe 0.71, 88% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 1.4%p lower than buy and hold, while drawdown improves by 17.3%p (CAGR 8.3%, MDD -20.9%, exposure 88%).

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=20, exitN=76
8.3%-20.9%0.710.393.5x2788%
SMA 크로스오버
fast=36, slow=125
5.6%-24.0%0.550.232.4x3173%
EMA 크로스오버
fast=38, slow=89
5.0%-25.6%0.520.202.2x3375%
ROC 모멘텀
n=119, threshold=-0.04
4.5%-35.6%0.430.132.0x7984%
Supertrend
period=17, mult=4.6
1.2%-30.2%0.170.041.2x8562%
Keltner 채널 돌파
emaPeriod=37, atrPeriod=28, mult=3.9
-0.0%-23.5%0.02-0.001.0x3519%
Parabolic SAR
step=0.01, maxStep=0.08
-0.8%-37.1%-0.03-0.020.9x21763%
볼린저 밴드 돌파
n=42, k=3.5
-0.1%-8.4%-0.09-0.021.0x21%
MACD
fast=18, slow=47, signal=17
-2.0%-41.4%-0.16-0.050.7x19651%
ADX / DI 방향성
period=19, threshold=28
-0.4%-12.0%-0.17-0.040.9x224%
Buy and hold9.6%-38.2%0.640.254.3x1100%
1x 2011 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% -10% -19% -29% -38% 2011 2013 2015 2017 2019 2021 2023 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -20.9% (2022-01-12 → 2023-05-25), recovered after 1,006 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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