Trend-Following Backtester · Guide · backtest 한국어

etf · US

iShares 0-1 Year Treasury Bond ETF backtest

10 trend-following strategies were compared on the full daily history of iShares 0-1 Year Treasury Bond ETF. 0 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. Its 100% market exposure makes it hold-like.

Data 2007-01-11 ~ 2026-07-31daily bars 4,919 (19.6 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 0.1%, drawdown -1.2%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 0.1%, MDD -1.2%, Sharpe 0.07, 100% exposure. With at least 95% exposure, it should be treated as hold-like, not strong evidence of timing skill.

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
ROC 모멘텀
Hold-like · Exposure 100%
n=16, threshold=-0.08
0.1%-1.2%0.070.041.0x1100%
ADX / DI 방향성
period=32, threshold=37
-0.1%-1.0%-0.32-0.051.0x20%
볼린저 밴드 돌파
n=17, k=3.5
-0.1%-1.0%-0.32-0.051.0x20%
Keltner 채널 돌파
emaPeriod=7, atrPeriod=27, mult=3.6
-0.1%-1.2%-0.37-0.051.0x20%
SMA 크로스오버
fast=64, slow=395
-0.4%-6.9%-0.53-0.050.9x1455%
Donchian 채널 돌파
entryN=114, exitN=104
-0.7%-12.8%-0.82-0.050.9x2456%
EMA 크로스오버
fast=53, slow=186
-1.3%-22.8%-1.29-0.060.8x4658%
Supertrend
period=6, mult=5
-3.5%-49.7%-2.56-0.070.5x11152%
Parabolic SAR
step=0.005, maxStep=0.18
-3.9%-54.1%-2.74-0.070.5x13949%
MACD
fast=40, slow=66, signal=28
-7.3%-77.2%-3.93-0.090.2x27348%
Buy and hold0.1%-1.2%0.080.041.0x1100%
1x 2008 2011 2014 2017 2020 2023 2026 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -1% -3% -4% -5% 2008 2011 2014 2017 2020 2023 2026 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -1.2% (2020-03-25 → 2022-12-15), prior peak not yet recovered.

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

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