Trend-Following Backtester · Guide · backtest 한국어

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Janus Henderson Mortgage-Backed Securities ETF backtest

10 trend-following strategies were compared on the full daily history of Janus Henderson Mortgage-Backed Securities ETF. 8 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 0.1%, MDD -1.0%).

Data 2018-09-13 ~ 2026-07-31daily bars 1,980 (7.9 years)Costs 0.5%Venue XASEMonthly snapshot 2026-07-31

Results by strategy

8 of 10 beat buy and hold (CAGR -1.7%, drawdown -22.5%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 0.1%, MDD -1.0%, Sharpe 0.22, 7% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 1.8%p higher than buy and hold, while drawdown improves by 21.5%p (CAGR 0.1%, MDD -1.0%, exposure 7%).

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
볼린저 밴드 돌파
n=56, k=3.2
0.1%-1.0%0.220.121.0x27%
EMA 크로스오버
fast=58, slow=147
-0.3%-7.5%-0.10-0.041.0x841%
Keltner 채널 돌파
emaPeriod=45, atrPeriod=16, mult=3.5
-0.2%-5.5%-0.10-0.041.0x1218%
SMA 크로스오버
fast=47, slow=190
-0.4%-9.4%-0.12-0.041.0x1042%
Donchian 채널 돌파
entryN=36, exitN=34
-0.8%-13.7%-0.24-0.060.9x2041%
ROC 모멘텀
Hold-like · Exposure 97%
n=35, threshold=-0.07
-1.5%-22.6%-0.24-0.070.9x597%
Supertrend
period=16, mult=4.7
-1.3%-12.3%-0.34-0.100.9x2648%
ADX / DI 방향성
period=20, threshold=34
-0.2%-1.3%-0.45-0.131.0x21%
Parabolic SAR
step=0.005, maxStep=0.32
-4.0%-28.0%-1.03-0.140.7x7048%
MACD
fast=16, slow=51, signal=18
-5.7%-37.1%-1.47-0.150.6x8644%
Buy and hold-1.7%-22.5%-0.27-0.070.9x1100%
1x 2019 2020 2021 2022 2023 2024 2025 2026 볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -6% -11% -17% -22% 2019 2020 2021 2022 2023 2024 2025 2026 Buy and hold볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -1.0% (2019-03-22 → 2019-04-22), recovered after 69 days.

Rules of the top strategy

Breaking above the upper band (average plus a multiple of volatility) signals a strong move up.

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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