Trend-Following Backtester · Guide · backtest 한국어

etf · JP

BlackRock (Japan) iShares 20+ Year UST Bd. JPY Hed. ETF (2621) backtest

10 trend-following strategies were compared on the full daily history of BlackRock (Japan) iShares 20+ Year UST Bd. JPY Hed. ETF (2621). 10 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 0.0%, MDD -0.5%).

Data 2020-10-13 ~ 2026-07-31daily bars 1,418 (5.8 years)Costs 0.5%Venue TSEMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -14.7%, drawdown -60.6%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 0.0%, MDD -0.5%, Sharpe 0.03, 0% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 14.7%p higher than buy and hold, while drawdown improves by 60.1%p (CAGR 0.0%, MDD -0.5%, exposure 0%).

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
ADX / DI 방향성
period=37, threshold=20
0.0%-0.5%0.030.011.0x20%
볼린저 밴드 돌파
n=56, k=2.8
-0.2%-7.0%-0.04-0.031.0x47%
ROC 모멘텀
n=134, threshold=0.1
-0.2%-2.0%-0.22-0.091.0x20%
Keltner 채널 돌파
emaPeriod=43, atrPeriod=12, mult=3.8
-1.8%-14.7%-0.40-0.120.9x1010%
Supertrend
period=8, mult=3
-4.9%-29.6%-0.51-0.170.7x5639%
SMA 크로스오버
fast=38, slow=180
-2.9%-19.7%-0.58-0.150.8x615%
Donchian 채널 돌파
entryN=78, exitN=35
-3.2%-20.6%-0.62-0.160.8x1015%
MACD
fast=15, slow=43, signal=19
-6.7%-38.7%-0.65-0.170.7x5445%
EMA 크로스오버
fast=17, slow=35
-6.5%-36.5%-0.78-0.180.7x3031%
Parabolic SAR
step=0.005, maxStep=0.24
-7.8%-40.0%-0.85-0.190.6x4442%
Buy and hold-14.7%-60.6%-1.03-0.240.4x1100%
1x 2021 2022 2023 2024 2025 2026 ADX / DI 방향성Buy and hold
ADX / DI 방향성: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -15% -30% -45% -61% 2021 2022 2023 2024 2025 2026 Buy and holdADX / DI 방향성
ADX / DI 방향성 maximum drawdown -0.5% (2022-12-05 → 2022-12-06), prior peak not yet recovered.

Rules of the top strategy

Looks at both the direction and the strength of the trend; holds only in a strong uptrend.

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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