Trend-Following Backtester · Guide · backtest 한국어

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iShares NASDAQ 100 UCITS ETF backtest

10 trend-following strategies were compared on the full daily history of iShares NASDAQ 100 UCITS ETF. 0 beat buy-and-hold CAGR; Parabolic SAR ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Parabolic SAR (CAGR 14.3%, MDD -16.2%).

Data 2018-09-10 ~ 2026-07-31daily bars 2,003 (7.9 years)Costs 0.5%Venue XETRMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 16.0%, drawdown -37.7%).

Sharpe leader (same as main): Parabolic SAR — CAGR 14.3%, MDD -16.2%, Sharpe 0.99, 65% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 14.9%, MDD -29.2%, exposure 73%.

Return/drawdown alternative: Parabolic SAR — CAGR is 1.7%p lower than buy and hold, while drawdown improves by 21.5%p (CAGR 14.3%, MDD -16.2%, exposure 65%).

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
Parabolic SAR
step=0.005, maxStep=0.04
14.3%-16.2%0.990.892.9x5465%
EMA 크로스오버
fast=33, slow=105
14.3%-24.2%0.900.592.9x976%
Keltner 채널 돌파
emaPeriod=42, atrPeriod=11, mult=1.9
10.7%-17.5%0.890.612.2x4653%
SMA 크로스오버
fast=55, slow=201
14.9%-29.2%0.880.513.0x773%
ROC 모멘텀
n=118, threshold=0.03
13.1%-17.1%0.870.762.6x3570%
볼린저 밴드 돌파
n=32, k=1.4
10.4%-19.0%0.870.542.2x5452%
Supertrend
period=10, mult=3.1
11.2%-14.0%0.840.802.3x6862%
Donchian 채널 돌파
entryN=21, exitN=72
14.2%-39.3%0.830.362.9x1385%
MACD
fast=19, slow=52, signal=11
6.0%-23.8%0.500.251.6x11053%
ADX / DI 방향성
period=37, threshold=11
1.1%-32.3%0.160.041.1x7238%
Buy and hold16.0%-37.7%0.790.433.2x1100%
1x 2019 2020 2021 2022 2023 2024 2025 2026 SMA 크로스오버Parabolic SARBuy and hold
Parabolic SAR (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -9% -19% -28% -38% 2019 2020 2021 2022 2023 2024 2025 2026 Buy and holdSMA 크로스오버Parabolic SAR
Parabolic SAR maximum drawdown -16.2% (2021-11-22 → 2022-07-14), recovered after 557 days.

Rules of the top strategy

Trades around the Parabolic SAR dots that accelerate toward price.

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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