Trend-Following Backtester · Guide · backtest 한국어

etf · CN

Huatai-PB CSI Dividend Low Volatility Exchange Traded Fund Units backtest

10 trend-following strategies were compared on the full daily history of Huatai-PB CSI Dividend Low Volatility Exchange Traded Fund Units. 6 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ROC 모멘텀 (CAGR 10.1%, MDD -16.5%).

Data 2018-12-19 ~ 2026-07-31daily bars 1,829 (7.6 years)Costs 0.5%Venue SSEMonthly snapshot 2026-07-31

Results by strategy

6 of 10 beat buy and hold (CAGR 2.4%, drawdown -50.3%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 10.1%, MDD -16.5%, Sharpe 0.71, 92% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 10.4%, MDD -22.5%, exposure 98%. It is hold-like at 95%+ exposure and is not used as the featured strategy.

Return/drawdown alternative: ROC 모멘텀 — CAGR is 7.7%p higher than buy and hold, while drawdown improves by 33.7%p (CAGR 10.1%, MDD -16.5%, exposure 92%).

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=138, threshold=-0.11
10.1%-16.5%0.710.612.1x592%
Donchian 채널 돌파
Hold-like · Exposure 98%
entryN=5, exitN=107
10.4%-22.5%0.700.462.1x998%
EMA 크로스오버
fast=54, slow=193
7.6%-16.5%0.600.461.7x278%
SMA 크로스오버
fast=130, slow=213
7.2%-16.5%0.560.431.7x680%
Supertrend
period=16, mult=3
5.0%-18.6%0.480.271.5x5149%
볼린저 밴드 돌파
n=27, k=3.2
1.5%-7.4%0.350.201.1x44%
MACD
fast=7, slow=25, signal=13
2.6%-28.2%0.280.091.2x13951%
Keltner 채널 돌파
emaPeriod=11, atrPeriod=27, mult=2.2
1.6%-13.8%0.260.121.1x2610%
ADX / DI 방향성
period=28, threshold=17
-1.1%-27.8%-0.06-0.040.9x3729%
Parabolic SAR
step=0.015, maxStep=0.14
-6.0%-53.8%-0.14-0.110.6x10955%
Buy and hold2.4%-50.3%0.260.051.2x1100%
1x 2019 2020 2021 2022 2023 2024 2025 2026 Donchian 채널 돌파ROC 모멘텀Buy and hold
ROC 모멘텀 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -13% -25% -38% -50% 2019 2020 2021 2022 2023 2024 2025 2026 Buy and holdDonchian 채널 돌파ROC 모멘텀
ROC 모멘텀 maximum drawdown -16.5% (2021-09-13 → 2021-11-10), recovered after 361 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

Read next