Trend-Following Backtester · Guide · backtest 한국어

equity · US

Virtus Investment Partners, Inc. backtest

10 trend-following strategies were compared on the full daily history of Virtus Investment Partners, Inc.. 4 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Supertrend (CAGR 26.7%, MDD -38.2%).

Data 2009-01-02 ~ 2026-07-31daily bars 4,421 (17.6 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

4 of 10 beat buy and hold (CAGR 16.7%, drawdown -76.8%).

Sharpe leader (same as main): Supertrend — CAGR 26.7%, MDD -38.2%, Sharpe 0.94, 55% exposure.

Return/drawdown alternative: Supertrend — CAGR is 10.0%p higher than buy and hold, while drawdown improves by 38.6%p (CAGR 26.7%, MDD -38.2%, exposure 55%).

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
Supertrend
period=17, mult=3.8
26.7%-38.2%0.940.7064.1x6555%
EMA 크로스오버
fast=4, slow=64
21.2%-54.6%0.810.3929.2x11358%
SMA 크로스오버
fast=14, slow=63
19.8%-52.2%0.760.3823.9x7558%
ADX / DI 방향성
period=14, threshold=33
11.2%-18.7%0.750.606.4x6616%
Donchian 채널 돌파
entryN=10, exitN=31
21.4%-64.5%0.740.3330.3x8374%
Parabolic SAR
step=0.005, maxStep=0.22
15.2%-59.3%0.620.2612.1x16154%
MACD
fast=24, slow=59, signal=11
14.3%-61.6%0.620.2310.5x19751%
ROC 모멘텀
n=40, threshold=-0.02
15.2%-67.2%0.620.2312.0x24562%
Keltner 채널 돌파
emaPeriod=29, atrPeriod=25, mult=1.7
11.9%-40.8%0.610.297.2x12336%
볼린저 밴드 돌파
n=36, k=2.4
8.8%-53.3%0.500.164.4x7928%
Buy and hold16.7%-76.8%0.570.2215.1x1100%
1x 10x 2010 2013 2016 2019 2022 2025 SupertrendBuy and hold
Supertrend: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -19% -38% -58% -77% 2010 2013 2016 2019 2022 2025 Buy and holdSupertrend
Supertrend maximum drawdown -38.2% (2016-12-09 → 2019-01-23), recovered after 1,286 days.

Rules of the top strategy

Trades the direction of a volatility-based trend line that trails below/above price.

Method and caveats

Past performance does not guarantee future returns. Parameters were carried forward from the latest full optimization and replayed on this monthly dataset. 0.5% trading costs are included; taxes, slippage and rejected orders are not.
Re-optimize the same period and setupAll asset reports

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