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Fullgoal SSE ETF Fund backtest

10 trend-following strategies were compared on the full daily history of Fullgoal SSE ETF Fund. 2 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 2.0%, MDD -16.5%).

Data 2011-02-01 ~ 2026-07-31daily bars 3,735 (15.5 years)Costs 0.5%Venue SSEMonthly snapshot 2026-07-31

Results by strategy

2 of 10 beat buy and hold (CAGR -6.9%, drawdown -86.5%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR -2.7%, MDD -87.7%, Sharpe 1.17, 86% exposure.

CAGR reference leader: ADX / DI 방향성 — CAGR 2.0%, MDD -16.5%, exposure 5%.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 4.2%p higher than buy and hold, while drawdown improves by -1.2%p (CAGR 2.0%, MDD -16.5%, exposure 5%).

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
n=84, threshold=-0.11
-2.7%-87.7%1.17-0.030.7x15786%
Donchian 채널 돌파
entryN=55, exitN=75
-14.9%-96.7%1.13-0.150.1x2066%
Supertrend
period=4, mult=4.9
-45.3%-100.0%1.01-0.450.0x5058%
SMA 크로스오버
fast=70, slow=84
-33.6%-99.9%1.00-0.340.0x8554%
MACD
fast=14, slow=48, signal=10
-76.1%-100.0%0.75-0.760.0x22651%
EMA 크로스오버
fast=52, slow=104
-76.5%-100.0%0.70-0.760.0x4248%
ADX / DI 방향성
period=19, threshold=37
2.0%-16.5%0.310.121.4x125%
Parabolic SAR
step=0.035, maxStep=0.24
-91.3%-100.0%0.30-0.910.0x39844%
볼린저 밴드 돌파
n=39, k=0.7
-95.4%-100.0%-0.30-0.950.0x19637%
Keltner 채널 돌파
emaPeriod=15, atrPeriod=5, mult=3.9
-83.6%-100.0%-1.08-0.840.0x361%
Buy and hold-6.9%-86.5%1.17-0.080.3x1100%
1x 2012 2014 2016 2018 2020 2022 2024 2026 ADX / DI 방향성ROC 모멘텀Buy and hold
ROC 모멘텀 (Sharpe leader), ADX / DI 방향성 (CAGR reference), Buy and hold.
0% -22% -44% -66% -88% 2012 2014 2016 2018 2020 2022 2024 2026 Buy and holdADX / DI 방향성ROC 모멘텀
ROC 모멘텀 maximum drawdown -87.7% (2017-07-07 → 2019-01-04), 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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