Trend-Following Backtester · Guide · backtest 한국어

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iShares S&P 500 Information Technology Sector UCITS ETF backtest

10 trend-following strategies were compared on the full daily history of iShares S&P 500 Information Technology Sector UCITS ETF. 2 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is EMA 크로스오버 (CAGR 18.3%, MDD -19.2%).

Data 2015-11-20 ~ 2026-07-31daily bars 2,699 (10.7 years)Costs 0.5%Venue LSEMonthly snapshot 2026-07-31

Results by strategy

2 of 10 beat buy and hold (CAGR 19.9%, drawdown -41.4%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 21.8%, MDD -31.9%, Sharpe 1.14, 89% exposure.

CAGR reference leader: ROC 모멘텀 — CAGR 23.2%, MDD -28.1%, exposure 96%. It is hold-like at 95%+ exposure and is not used as the featured strategy.

Return/drawdown alternative: EMA 크로스오버 — CAGR is 1.9%p higher than buy and hold, while drawdown improves by 9.5%p (CAGR 18.3%, MDD -19.2%, exposure 77%).

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
Donchian 채널 돌파
entryN=20, exitN=78
21.8%-31.9%1.140.688.2x1389%
ROC 모멘텀
Hold-like · Exposure 96%
n=35, threshold=-0.13
23.2%-28.1%1.130.829.3x2596%
EMA 크로스오버
fast=6, slow=105
18.3%-19.2%1.070.956.0x3177%
SMA 크로스오버
fast=10, slow=125
17.5%-29.5%1.020.595.6x2178%
Supertrend
period=24, mult=3.9
15.1%-22.2%1.020.684.5x6464%
Keltner 채널 돌파
emaPeriod=76, atrPeriod=25, mult=1.2
15.4%-15.7%1.010.984.6x5869%
Parabolic SAR
step=0.005, maxStep=0.1
12.9%-23.8%0.860.543.7x9461%
ADX / DI 방향성
period=35, threshold=10
11.3%-27.4%0.820.413.1x9757%
MACD
fast=18, slow=50, signal=19
10.0%-22.6%0.780.442.8x11250%
볼린저 밴드 돌파
n=49, k=1.3
10.1%-21.3%0.750.472.8x7057%
Buy and hold19.9%-41.4%0.890.487.0x1100%
1x 10x 2016 2018 2020 2022 2024 2026 ROC 모멘텀Donchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), ROC 모멘텀 (CAGR reference), Buy and hold.
0% -10% -21% -31% -41% 2016 2018 2020 2022 2024 2026 Buy and holdROC 모멘텀Donchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -31.9% (2021-12-09 → 2022-12-28), recovered after 701 days.

Rules of the top strategy

A new high means a trend starting; a new low means it’s over (turtle-trading style).

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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