Trend-Following Backtester · Guide · backtest 한국어

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iShares Russell 2500 ETF backtest

10 trend-following strategies were compared on the full daily history of iShares Russell 2500 ETF. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester.

Data 2017-07-10 ~ 2026-07-31daily bars 2,278 (9.1 years)Costs 0.5%Venue ARCXMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 9.3%, drawdown -41.1%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 7.4%, MDD -33.7%, Sharpe 0.53, 79% exposure.

No strategy retained at least 75% of buy-and-hold CAGR while reducing drawdown by both 20% relatively and 5 percentage points absolutely.

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=22, exitN=60
7.4%-33.7%0.530.221.9x2579%
EMA 크로스오버
fast=32, slow=118
5.7%-29.2%0.460.201.7x1768%
ROC 모멘텀
n=46, threshold=-0.03
6.1%-34.2%0.450.181.7x7378%
SMA 크로스오버
fast=10, slow=215
5.2%-23.0%0.450.231.6x2161%
Supertrend
period=25, mult=4.3
4.7%-26.7%0.390.171.5x5164%
ADX / DI 방향성
period=30, threshold=27
1.3%-8.2%0.380.161.1x45%
Keltner 채널 돌파
emaPeriod=57, atrPeriod=21, mult=1.1
2.0%-32.1%0.220.061.2x7158%
볼린저 밴드 돌파
n=26, k=2.4
1.0%-13.9%0.180.071.1x3419%
Parabolic SAR
step=0.015, maxStep=0.2
-0.5%-44.4%0.04-0.011.0x16257%
MACD
fast=18, slow=32, signal=13
-0.9%-36.4%-0.00-0.030.9x13451%
Buy and hold9.3%-41.1%0.510.232.2x1100%
1x 2018 2020 2022 2024 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -10% -21% -31% -41% 2018 2020 2022 2024 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -33.7% (2021-06-08 → 2022-12-28), recovered after 1,843 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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