Trend-Following Backtester · Guide · backtest 한국어

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Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF backtest

10 trend-following strategies were compared on the full daily history of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF. 10 beat buy-and-hold CAGR; MACD ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 0.9%, MDD -0.5%).

Data 2015-05-29 ~ 2026-07-31daily bars 2,810 (11.2 years)Costs 0.5%Venue XASEMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -42.6%, drawdown -100.0%).

Sharpe leader (same as main): MACD — CAGR 13.6%, MDD -80.9%, Sharpe 0.52, 53% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 56.2%p higher than buy and hold, while drawdown improves by 19.1%p (CAGR 0.9%, 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
MACD
fast=13, slow=47, signal=9
13.6%-80.9%0.520.174.2x14953%
Parabolic SAR
step=0.05, maxStep=0.16
7.3%-77.3%0.420.092.2x36849%
SMA 크로스오버
fast=60, slow=203
7.5%-71.2%0.400.112.2x1145%
볼린저 밴드 돌파
n=41, k=3
5.7%-57.7%0.350.101.8x108%
Donchian 채널 돌파
entryN=14, exitN=7
3.6%-78.0%0.320.051.5x11036%
ADX / DI 방향성
period=36, threshold=31
0.9%-0.5%0.291.751.1x20%
EMA 크로스오버
fast=12, slow=49
0.6%-80.9%0.260.011.1x5541%
ROC 모멘텀
n=125, threshold=0.02
-2.4%-74.4%0.20-0.030.8x9343%
Supertrend
period=7, mult=3.6
-5.5%-85.7%0.16-0.060.5x6541%
Keltner 채널 돌파
emaPeriod=17, atrPeriod=28, mult=0.9
-8.1%-81.6%0.05-0.100.4x15532%
Buy and hold-42.6%-100.0%-0.03-0.430.0x1100%
0.001 0.01 0.1 1x 2016 2018 2020 2022 2024 2026 MACDBuy and hold
MACD: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -25% -50% -75% -100% 2016 2018 2020 2022 2024 2026 Buy and holdMACD
MACD maximum drawdown -80.9% (2015-08-14 → 2016-02-23), recovered after 1,760 days.

Rules of the top strategy

Looks at the gap (MACD) between a short and long average crossing its own signal line.

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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