Trend-Following Backtester · Guide · backtest 한국어

etf · US

iShares Expanded Tech-Software Sector ETF backtest

10 trend-following strategies were compared on the full daily history of iShares Expanded Tech-Software Sector ETF. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 8.4%, MDD -37.9%).

Data 2001-07-17 ~ 2026-07-31daily bars 6,297 (25.0 years)Costs 0.5%Venue ARCXMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 9.3%, drawdown -62.4%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 8.4%, MDD -37.9%, Sharpe 0.53, 75% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 0.9%p lower than buy and hold, while drawdown improves by 24.4%p (CAGR 8.4%, MDD -37.9%, exposure 75%).

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=38, exitN=63
8.4%-37.9%0.530.227.5x5375%
SMA 크로스오버
fast=29, slow=207
7.5%-30.4%0.500.256.2x3673%
EMA 크로스오버
fast=25, slow=177
7.0%-46.0%0.480.155.5x4274%
Supertrend
period=26, mult=4.4
4.7%-32.2%0.370.153.2x12060%
ROC 모멘텀
n=127, threshold=-0.02
4.5%-43.7%0.340.103.0x15076%
Parabolic SAR
step=0.02, maxStep=0.02
4.0%-29.5%0.320.132.7x15264%
Keltner 채널 돌파
emaPeriod=93, atrPeriod=11, mult=1.8
3.2%-39.2%0.280.082.2x13061%
볼린저 밴드 돌파
n=49, k=1.6
0.7%-42.6%0.120.021.2x15846%
ADX / DI 방향성
period=25, threshold=28
0.3%-14.5%0.110.021.1x183%
MACD
fast=19, slow=49, signal=16
-3.7%-77.6%-0.14-0.050.4x30651%
Buy and hold9.3%-62.4%0.470.159.3x1100%
1x 10x 2002 2006 2010 2014 2018 2022 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -16% -31% -47% -62% 2002 2006 2010 2014 2018 2022 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -37.9% (2021-11-09 → 2022-12-28), recovered after 1,094 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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