Backtest vs buy-and-hold 12
| Symbol | Strategy | Buy & hold | Difference | Trades |
|---|
| GLD |
+0.00% |
-12.54% |
✓ +12.54% |
0 |
| XLE |
+0.02% |
-7.28% |
✓ +7.30% |
3 |
| SPY |
+0.00% |
-2.56% |
✓ +2.56% |
0 |
| VOO |
+0.00% |
-2.54% |
✓ +2.54% |
0 |
| QQQ |
+0.00% |
-1.84% |
✓ +1.84% |
0 |
| EFA |
+0.00% |
-0.89% |
✓ +0.89% |
1 |
| EEM |
-0.09% |
-0.28% |
✓ +0.19% |
2 |
| GOP |
+0.00% |
+0.41% |
-0.40% |
1 |
| NANC |
0.00% |
+0.77% |
-0.78% |
1 |
| TLT |
+0.02% |
+2.87% |
-2.85% |
1 |
| DIA |
-0.02% |
+3.38% |
-3.40% |
2 |
| IWM |
+0.06% |
+5.41% |
-5.35% |
2 |
"Difference" is strategy return minus simply holding the asset. On short, mostly-rising history these strategies tend to win only where the asset fell (they sat in cash) — real edge needs more data and choppier markets.