Trend-Following Backtester · Guide · backtest 한국어

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Pimco Corporate & Income Strategy Fund backtest

10 trend-following strategies were compared on the full daily history of Pimco Corporate & Income Strategy Fund. 4 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 0.5%, MDD -6.0%).

Data 2001-12-19 ~ 2026-07-31daily bars 6,192 (24.6 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

4 of 10 beat buy and hold (CAGR -1.0%, drawdown -66.7%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 1.1%, MDD -9.6%, Sharpe 0.28, 1% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 2.1%p higher than buy and hold, while drawdown improves by 57.2%p (CAGR 0.5%, MDD -6.0%, exposure 1%).

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
n=18, threshold=0.24
1.1%-9.6%0.280.121.3x121%
볼린저 밴드 돌파
n=29, k=3.5
0.5%-6.0%0.230.081.1x21%
Supertrend
period=18, mult=4.3
-1.0%-54.0%-0.00-0.020.8x9252%
SMA 크로스오버
fast=10, slow=202
-1.1%-40.8%-0.04-0.030.8x7253%
EMA 크로스오버
fast=48, slow=214
-2.1%-48.8%-0.10-0.040.6x3653%
Donchian 채널 돌파
entryN=45, exitN=32
-2.0%-45.9%-0.13-0.040.6x7643%
ADX / DI 방향성
period=23, threshold=39
-0.2%-6.1%-0.21-0.040.9x20%
Keltner 채널 돌파
emaPeriod=54, atrPeriod=16, mult=3.6
-1.6%-38.9%-0.21-0.040.7x5618%
Parabolic SAR
step=0.01, maxStep=0.24
-3.7%-64.8%-0.21-0.060.4x31456%
MACD
fast=14, slow=30, signal=18
-4.1%-77.4%-0.25-0.050.4x33251%
Buy and hold-1.0%-66.7%0.08-0.020.8x1100%
1x 2002 2006 2010 2014 2018 2022 2026 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -17% -33% -50% -67% 2002 2006 2010 2014 2018 2022 2026 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -9.6% (2008-11-04 → 2008-12-18), recovered after 48 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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