Trend-Following Backtester · Guide · backtest 한국어

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iShares Treasury Floating Rate Bond ETF backtest

10 trend-following strategies were compared on the full daily history of iShares Treasury Floating Rate Bond ETF. 0 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. Its 97% market exposure makes it hold-like.

Data 2014-02-04 ~ 2026-07-31daily bars 3,141 (12.5 years)Costs 0.5%Venue XASEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 0.0%, drawdown -5.0%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR -0.4%, MDD -6.2%, Sharpe -0.23, 97% exposure. With at least 95% exposure, it should be treated as hold-like, not strong evidence of timing skill.

CAGR reference leader: Keltner 채널 돌파 — CAGR -0.1%, MDD -1.3%, exposure 0%.

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 97%
n=103, threshold=-0.03
-0.4%-6.2%-0.23-0.061.0x397%
ADX / DI 방향성
period=50, threshold=34
-0.1%-1.9%-0.34-0.071.0x47%
SMA 크로스오버
fast=62, slow=174
-0.8%-10.3%-0.39-0.080.9x2160%
Keltner 채널 돌파
emaPeriod=15, atrPeriod=9, mult=3.7
-0.1%-1.3%-0.46-0.081.0x20%
Donchian 채널 돌파
entryN=73, exitN=64
-0.6%-8.1%-0.77-0.080.9x1547%
볼린저 밴드 돌파
n=24, k=3.2
-0.4%-4.7%-0.81-0.081.0x81%
EMA 크로스오버
fast=57, slow=218
-1.6%-19.0%-0.97-0.090.8x2966%
Supertrend
period=7, mult=5
-4.0%-40.1%-2.05-0.100.6x7341%
Parabolic SAR
step=0.005, maxStep=0.32
-4.0%-39.9%-2.62-0.100.6x8549%
MACD
fast=29, slow=47, signal=21
-11.0%-76.7%-4.89-0.140.2x26149%
Buy and hold0.0%-5.0%0.030.011.0x1100%
1x 2015 2017 2019 2021 2023 2025 Keltner 채널 돌파ROC 모멘텀Buy and hold
ROC 모멘텀 (Sharpe leader), Keltner 채널 돌파 (CAGR reference), Buy and hold.
0% -2% -3% -5% -6% 2015 2017 2019 2021 2023 2025 Buy and holdKeltner 채널 돌파ROC 모멘텀
ROC 모멘텀 maximum drawdown -6.2% (2014-10-28 → 2015-12-16), prior peak not yet recovered.

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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