Backtest vs buy-and-hold 11
| Symbol | Strategy | Buy & hold | Difference | Trades |
|---|
| GLD |
-0.19% |
-8.65% |
✓ +8.46% |
1 |
| XLE |
-0.06% |
-2.09% |
✓ +2.02% |
2 |
| TLT |
+0.00% |
-0.63% |
✓ +0.64% |
1 |
| EFA |
-0.01% |
+2.29% |
-2.31% |
1 |
| DIA |
+0.00% |
+5.39% |
-5.39% |
0 |
| SPY |
+0.00% |
+5.50% |
-5.50% |
0 |
| IWM |
+0.00% |
+5.64% |
-5.64% |
2 |
| NANC |
+0.00% |
+6.52% |
-6.52% |
0 |
| GOP |
+0.00% |
+7.14% |
-7.14% |
0 |
| EEM |
-0.04% |
+8.30% |
-8.34% |
1 |
| QQQ |
+0.00% |
+11.41% |
-11.41% |
0 |
"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.