Trend-Following Backtester · Guide · backtest 한국어

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SSE Dividend Index ETF backtest

10 trend-following strategies were compared on the full daily history of SSE Dividend Index ETF. 6 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 2.7%, MDD -15.3%).

Data 2008-01-02 ~ 2026-07-31daily bars 4,512 (18.6 years)Costs 0.5%Venue SSEMonthly snapshot 2026-07-31

Results by strategy

6 of 10 beat buy and hold (CAGR -1.9%, drawdown -77.6%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 2.7%, MDD -15.3%, Sharpe 0.49, 3% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 4.5%p higher than buy and hold, while drawdown improves by 62.3%p (CAGR 2.7%, MDD -15.3%, exposure 3%).

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
ADX / DI 방향성
period=39, threshold=29
2.7%-15.3%0.490.171.6x43%
Donchian 채널 돌파
entryN=60, exitN=12
2.5%-25.4%0.280.101.6x6824%
Keltner 채널 돌파
emaPeriod=16, atrPeriod=24, mult=3.8
1.4%-21.1%0.240.071.3x245%
볼린저 밴드 돌파
n=57, k=2
1.8%-44.3%0.210.041.4x6430%
SMA 크로스오버
fast=60, slow=93
1.7%-47.5%0.190.031.4x5452%
EMA 크로스오버
fast=36, slow=103
-2.3%-68.7%0.09-0.030.6x5250%
Supertrend
period=23, mult=4.6
-0.6%-47.1%0.04-0.010.9x8349%
ROC 모멘텀
n=60, threshold=-0.04
-2.0%-67.7%-0.03-0.030.7x18769%
MACD
fast=10, slow=22, signal=13
-5.5%-74.9%-0.14-0.070.3x31752%
Parabolic SAR
step=0.01, maxStep=0.24
-5.8%-79.2%-0.15-0.070.3x22551%
Buy and hold-1.9%-77.6%0.13-0.020.7x1100%
1x 2009 2012 2015 2018 2021 2024 ADX / DI 방향성Buy and hold
ADX / DI 방향성: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -19% -39% -58% -78% 2009 2012 2015 2018 2021 2024 Buy and holdADX / DI 방향성
ADX / DI 방향성 maximum drawdown -15.3% (2015-01-05 → 2015-02-06), recovered after 98 days.

Rules of the top strategy

Looks at both the direction and the strength of the trend; holds only in a strong uptrend.

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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