Trend-Following Backtester · Guide · backtest 한국어

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First Trust VL Dividend backtest

10 trend-following strategies were compared on the full daily history of First Trust VL Dividend. 1 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. Its 98% market exposure makes it hold-like.

Data 2003-08-27 ~ 2026-07-31daily bars 5,768 (22.9 years)Costs 0.5%Venue XASEMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 5.4%, drawdown -54.2%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 6.0%, MDD -37.4%, Sharpe 0.48, 98% exposure. With at least 95% exposure, it should be treated as hold-like, not strong evidence of timing skill.

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
ROC 모멘텀
Hold-like · Exposure 98%
n=39, threshold=-0.12
6.0%-37.4%0.480.163.8x2198%
Donchian 채널 돌파
entryN=85, exitN=86
3.7%-23.1%0.440.162.3x2964%
SMA 크로스오버
fast=54, slow=167
3.2%-33.1%0.340.102.1x3168%
EMA 크로스오버
fast=51, slow=199
2.5%-26.7%0.280.091.8x2973%
Supertrend
period=36, mult=4.8
1.7%-33.0%0.210.051.5x8369%
볼린저 밴드 돌파
n=30, k=3
0.5%-14.3%0.180.031.1x104%
ADX / DI 방향성
period=25, threshold=24
-0.2%-13.5%-0.04-0.011.0x226%
Keltner 채널 돌파
emaPeriod=73, atrPeriod=25, mult=3.6
-0.8%-23.1%-0.08-0.040.8x7137%
MACD
fast=35, slow=56, signal=21
-1.9%-48.3%-0.14-0.040.6x18952%
Parabolic SAR
step=0.005, maxStep=0.28
-4.3%-67.5%-0.34-0.060.4x22162%
Buy and hold5.4%-54.2%0.400.103.3x1100%
1x 2004 2007 2010 2013 2016 2019 2022 2025 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -14% -27% -41% -54% 2004 2007 2010 2013 2016 2019 2022 2025 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -37.4% (2006-12-05 → 2009-03-20), recovered after 1,501 days.

Rules of the top strategy

Rides the trend when recent return (momentum) over a window is above a threshold.

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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