Trend-Following Backtester · Guide · backtest 한국어

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Allianz Technology Trust PLC backtest

10 trend-following strategies were compared on the full daily history of Allianz Technology Trust PLC. 3 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 16.6%, MDD -31.3%).

Data 1995-12-01 ~ 2026-07-31daily bars 7,831 (30.7 years)Costs 0.5%Venue LSEMonthly snapshot 2026-07-31

Results by strategy

3 of 10 beat buy and hold (CAGR 14.7%, drawdown -85.9%).

Sharpe leader (same as main): Supertrend — CAGR 17.3%, MDD -43.6%, Sharpe 0.96, 58% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 2.6%p higher than buy and hold, while drawdown improves by 42.3%p (CAGR 16.6%, MDD -31.3%, exposure 68%).

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
Supertrend
period=9, mult=4.5
17.3%-43.6%0.960.40132.6x20658%
Donchian 채널 돌파
entryN=22, exitN=32
16.6%-31.3%0.890.53112.1x13868%
Keltner 채널 돌파
emaPeriod=18, atrPeriod=26, mult=1.2
13.5%-33.2%0.870.4148.9x35646%
EMA 크로스오버
fast=9, slow=35
14.7%-35.7%0.830.4167.1x21064%
볼린저 밴드 돌파
n=39, k=1.5
12.2%-25.8%0.800.4733.9x19445%
SMA 크로스오버
fast=8, slow=70
13.9%-37.3%0.780.3753.5x15664%
ADX / DI 방향성
period=21, threshold=11
12.7%-36.7%0.760.3438.7x41855%
Parabolic SAR
step=0.015, maxStep=0.42
12.7%-45.0%0.710.2838.8x49458%
ROC 모멘텀
n=194, threshold=-0.02
12.8%-43.9%0.690.2940.5x13970%
MACD
fast=13, slow=57, signal=6
9.4%-43.7%0.580.2115.6x55252%
Buy and hold14.7%-85.9%0.620.1766.7x1100%
1x 10x 100x 1996 2000 2004 2008 2012 2016 2020 2024 SupertrendBuy and hold
Supertrend: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -21% -43% -64% -86% 1996 2000 2004 2008 2012 2016 2020 2024 Buy and holdSupertrend
Supertrend maximum drawdown -43.6% (2000-09-04 → 2001-10-08), recovered after 550 days.

Rules of the top strategy

Trades the direction of a volatility-based trend line that trails below/above 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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