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PIMCO Enhanced Low Duration Active Exchange-Traded Fund backtest

10 trend-following strategies were compared on the full daily history of PIMCO Enhanced Low Duration Active Exchange-Traded Fund. 4 beat buy-and-hold CAGR; Keltner 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ROC 모멘텀 (CAGR -0.1%, MDD -1.0%).

Data 2014-01-23 ~ 2026-07-31daily bars 3,149 (12.5 years)Costs 0.5%Venue XASEMonthly snapshot 2026-07-31

Results by strategy

4 of 10 beat buy and hold (CAGR -0.4%, drawdown -9.0%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR -0.2%, MDD -2.3%, Sharpe -0.24, 2% exposure.

CAGR reference leader: ROC 모멘텀 — CAGR -0.1%, MDD -1.0%, exposure 0%.

Return/drawdown alternative: ROC 모멘텀 — CAGR is 0.3%p higher than buy and hold, while drawdown improves by 6.7%p (CAGR -0.1%, MDD -1.0%, 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
Keltner 채널 돌파
emaPeriod=45, atrPeriod=29, mult=3.6
-0.2%-2.3%-0.24-0.071.0x42%
ROC 모멘텀
n=80, threshold=0.06
-0.1%-1.0%-0.35-0.081.0x20%
볼린저 밴드 돌파
n=47, k=3.5
-0.2%-2.0%-0.36-0.081.0x43%
SMA 크로스오버
fast=17, slow=265
-0.7%-10.0%-0.36-0.070.9x1251%
EMA 크로스오버
fast=55, slow=202
-1.0%-12.5%-0.40-0.080.9x1451%
ADX / DI 방향성
period=31, threshold=44
-0.1%-1.1%-0.40-0.081.0x20%
Donchian 채널 돌파
entryN=115, exitN=54
-0.6%-7.9%-0.48-0.080.9x820%
Supertrend
period=26, mult=3.6
-1.0%-11.8%-0.48-0.080.9x3847%
Parabolic SAR
step=0.005, maxStep=0.34
-2.9%-30.9%-1.49-0.090.7x7839%
MACD
fast=24, slow=42, signal=30
-4.6%-44.7%-2.03-0.100.6x11147%
Buy and hold-0.4%-9.0%-0.11-0.050.9x1100%
1x 2015 2017 2019 2021 2023 2025 ROC 모멘텀Keltner 채널 돌파Buy and hold
Keltner 채널 돌파 (Sharpe leader), ROC 모멘텀 (CAGR reference), Buy and hold.
0% -2% -5% -7% -9% 2015 2017 2019 2021 2023 2025 Buy and holdROC 모멘텀Keltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -2.3% (2020-03-09 → 2020-03-11), prior peak not yet recovered.

Rules of the top strategy

Breaking above the channel top (average plus a multiple of volatility) signals an upside breakout.

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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