Trend-Following Backtester · Guide · backtest 한국어

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BetaShares Australian Bank Senior Floating Rate Bond ETF backtest

10 trend-following strategies were compared on the full daily history of BetaShares Australian Bank Senior Floating Rate Bond ETF. 0 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. Its 99% market exposure makes it hold-like.

Data 2017-06-01 ~ 2026-07-31daily bars 2,320 (9.2 years)Costs 0.5%Venue ASXMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 0.4%, drawdown -4.6%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 0.3%, MDD -3.9%, Sharpe 0.17, 99% 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 99%
n=9, threshold=-0.02
0.3%-3.9%0.170.071.0x399%
Donchian 채널 돌파
entryN=47, exitN=120
-0.3%-4.0%-0.18-0.071.0x1178%
SMA 크로스오버
fast=21, slow=210
-0.4%-5.3%-0.30-0.081.0x1158%
Supertrend
period=28, mult=5
-0.6%-9.1%-0.33-0.070.9x2172%
볼린저 밴드 돌파
n=37, k=2.8
-0.1%-1.0%-0.36-0.101.0x21%
ADX / DI 방향성
period=28, threshold=47
-0.1%-0.9%-0.43-0.111.0x20%
EMA 크로스오버
fast=40, slow=110
-0.6%-7.2%-0.46-0.090.9x1564%
Keltner 채널 돌파
emaPeriod=21, atrPeriod=13, mult=3.8
-0.3%-2.8%-0.70-0.111.0x64%
Parabolic SAR
step=0.005, maxStep=0.22
-3.7%-29.3%-2.04-0.130.7x7352%
MACD
fast=27, slow=49, signal=29
-5.1%-38.3%-2.70-0.130.6x9150%
Buy and hold0.4%-4.6%0.210.081.0x1100%
1x 2018 2020 2022 2024 2026 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -1% -3% -4% -5% 2018 2020 2022 2024 2026 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -3.9% (2019-07-29 → 2020-03-15), recovered after 375 days.

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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