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Amundi CAC 40 Daily (-2X) Inverse UCITS ETF -Acc- backtest

10 trend-following strategies were compared on the full daily history of Amundi CAC 40 Daily (-2X) Inverse UCITS ETF -Acc-. 10 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR -1.8%, MDD -43.2%).

Data 2008-01-02 ~ 2026-07-31daily bars 4,754 (18.6 years)Costs 0.5%Venue EURONEXTMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -21.9%, drawdown -99.6%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR -0.6%, MDD -46.4%, Sharpe 0.06, 4% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 21.3%p higher than buy and hold, while drawdown improves by 53.2%p (CAGR -1.8%, MDD -43.2%, exposure 1%).

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
볼린저 밴드 돌파
n=50, k=3.5
-0.6%-46.4%0.06-0.010.9x124%
ADX / DI 방향성
period=32, threshold=22
-1.8%-43.2%-0.13-0.040.7x41%
ROC 모멘텀
n=120, threshold=0.13
-6.4%-86.2%-0.13-0.070.3x9612%
EMA 크로스오버
fast=17, slow=171
-7.9%-89.8%-0.17-0.090.2x3016%
Keltner 채널 돌파
emaPeriod=43, atrPeriod=28, mult=4
-6.2%-73.4%-0.18-0.080.3x368%
SMA 크로스오버
fast=14, slow=132
-9.8%-92.3%-0.21-0.110.1x4623%
Donchian 채널 돌파
entryN=98, exitN=14
-7.3%-81.3%-0.21-0.090.2x329%
Supertrend
period=28, mult=5
-13.5%-95.2%-0.39-0.140.1x7625%
MACD
fast=20, slow=52, signal=22
-18.5%-98.8%-0.44-0.190.0x18551%
Parabolic SAR
step=0.01, maxStep=0.24
-18.4%-98.8%-0.50-0.190.0x28839%
Buy and hold-21.9%-99.6%-0.38-0.220.0x1100%
0.1 1x 2009 2012 2015 2018 2021 2024 볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -25% -50% -75% -100% 2009 2012 2015 2018 2021 2024 Buy and hold볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -46.4% (2020-03-18 → 2025-05-05), prior peak not yet recovered.

Rules of the top strategy

Breaking above the upper band (average plus a multiple of volatility) signals a strong move up.

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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