IDEV iShares Core MSCI International Developed Markets ETF
TREND FOLLOWING PERFORMANCE HISTORY
2026-05-31
Executive Summary
The quantitative backtest for IDEV (iShares Core MSCI International Developed Markets ETF) using the Excess Return MMA CA* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -19.1% (compared to the benchmark's drawdown of -34.8%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 9.1%, compared to a Buy-and-Hold benchmark return of 10.4%. The strategy executed 20 total trades.
* Excess Return MMA CA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility, with a month-end dynamic Cash Alternative sleeve rotation.
* Excess Return MMA CA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility, with a month-end dynamic Cash Alternative sleeve rotation.
📊 Mathematical Model
Excess Return MMA
Advanced Ensemble: Uses multiple signal layers for maximum trend stability and noise reduction.
Excess Return MMA CA Active
Advanced Dynamic Sleeve: MMA ensemble signals on the primary asset combined with a momentum-based cash alternative ETF rotation.
Excess Return SMA
Standard Signal: Classical quantitative trend following optimized for reliable directionality.
Moving Average (50/200)
Moving Average: The baseline 50/200-day crossover model used by technical analysts worldwide.
IDEV Quality Metrics & KPI Summary
| Metric | 1Y | 5Y | Full History | |||
|---|---|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | Strategy | B&H | |
| CAGR | 24.71% | 24.71% | 4.88% | 8.79% | 9.08% | 10.40% |
| Sharpe Ratio | 1.53 | 1.53 | 0.42 | 0.52 | 0.74 | 0.53 |
| Max Drawdown | -11.20% | -11.20% | -19.10% | -29.15% | -19.10% | -34.77% |
| % Time Invested | 100.0% | 100.0% | 90.7% | 100.0% | 92.8% | 100.0% |
| Trades / Year | 0.0 | 0.0 | 2.0 | 0.0 | 2.8 | 0.0 |
Cumulative Growth Performance
Return Distribution Analysis
Trade History
This log shows every signal-driven transition. Completed trades reflect standard market cycles. An Open / Mark-to-Market exit denotes a position currently held active, valued at the latest price. Interest entries record cash yields accrued during out-of-market periods.
| Entry Date | Exit Date | Type | Allocation | Entry Price | Exit Price | Net Return % | Exit Reason |
|---|---|---|---|---|---|---|---|
| 2025-05-16 | Open | Open | 33.33% | $71.03 | $90.41 | 27.28% | Mark-to-Market |
| 2025-05-01 | Open | Open | 33.33% | $69.18 | $90.41 | 30.69% | Mark-to-Market |
| 2023-11-24 | Open | Open | 33.33% | $56.14 | $90.41 | 61.04% | Mark-to-Market |
| 2025-05-02 | 2025-05-16 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.13% | Interest Income |
| 2025-04-08 | 2025-05-01 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 1.21% | Interest Income |
| 2025-04-02 | 2025-05-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.05% | Interest Income |
| 2025-03-26 | 2025-04-08 | Completed | 33.33% | $68.01 | $61.99 | -8.85% | Stop |
| 2023-12-15 | 2025-04-02 | Completed | 33.33% | $58.19 | $66.11 | 13.61% | Signal |
| 2024-12-24 | 2025-03-26 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 1.17% | Interest Income |
| 2023-12-15 | 2024-12-24 | Completed | 33.33% | $58.19 | $62.21 | 6.91% | Signal |
| 2023-11-10 | 2023-12-15 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.72% | Interest Income |
| 2023-09-20 | 2023-12-15 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 1.46% | Interest Income |
| 2023-06-02 | 2023-11-24 | Interest (FLOT) | 33.33% | $1.00 | $1.03 | 3.04% | Interest Income |
| 2023-04-10 | 2023-11-10 | Completed | 33.33% | $54.67 | $53.49 | -2.15% | Signal |
| 2022-12-30 | 2023-09-20 | Completed | 33.33% | $50.90 | $55.79 | 9.60% | Signal |
| 2023-04-04 | 2023-06-01 | Interest (SHV) | 33.33% | $1.00 | $1.01 | 0.71% | Interest Income |
| 2023-04-04 | 2023-04-10 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.09% | Interest Income |
| 2023-03-16 | 2023-04-03 | Interest (FLOT) | 33.33% | $1.00 | $1.02 | 1.99% | Interest Income |
| 2023-03-16 | 2023-04-03 | Interest (FLOT) | 33.33% | $1.00 | $1.02 | 1.99% | Interest Income |
| 2023-01-18 | 2023-03-16 | Completed | 33.33% | $55.01 | $51.17 | -6.97% | Stop |
| 2023-01-18 | 2023-03-16 | Completed | 33.33% | $55.01 | $51.17 | -6.97% | Stop |
| 2022-12-02 | 2023-01-18 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.86% | Interest Income |
| 2022-12-02 | 2023-01-18 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.86% | Interest Income |
| 2022-12-02 | 2022-12-30 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.58% | Interest Income |
| 2022-10-04 | 2022-12-01 | Interest (BIL) | 33.33% | $1.00 | $1.01 | 0.52% | Interest Income |
| 2022-10-04 | 2022-12-01 | Interest (BIL) | 33.33% | $1.00 | $1.01 | 0.52% | Interest Income |
| 2022-10-04 | 2022-12-01 | Interest (BIL) | 33.33% | $1.00 | $1.01 | 0.52% | Interest Income |
| 2022-09-13 | 2022-10-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.28% | Interest Income |
| 2022-09-02 | 2022-10-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.05% | Interest Income |
| 2022-09-02 | 2022-10-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.05% | Interest Income |
| 2022-07-11 | 2022-09-13 | Completed | 33.33% | $47.91 | $48.41 | 1.03% | Signal |
| 2022-03-07 | 2022-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.36% | Interest Income |
| 2022-03-02 | 2022-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.37% | Interest Income |
| 2022-06-15 | 2022-07-11 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.06% | Interest Income |
| 2022-03-30 | 2022-06-15 | Completed | 33.33% | $57.17 | $48.64 | -14.92% | Stop |
| 2022-03-08 | 2022-03-30 | Interest (BIL) | 33.33% | $1.00 | $1.00 | -0.01% | Interest Income |
| 2021-02-24 | 2022-03-08 | Completed | 33.33% | $55.08 | $51.86 | -5.85% | Stop |
| 2020-10-06 | 2022-03-07 | Completed | 33.33% | $46.67 | $52.67 | 12.86% | Stop |
| 2022-01-25 | 2022-03-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.03% | Interest Income |
| 2022-01-07 | 2022-01-25 | Completed | 33.33% | $59.35 | $56.46 | -4.88% | Signal |
| 2022-01-04 | 2022-01-07 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.06% | Interest Income |
| 2021-12-15 | 2022-01-03 | Interest (BIL) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income |
| 2020-07-02 | 2021-12-15 | Completed | 33.33% | $44.08 | $57.85 | 31.26% | Signal |
| 2021-01-20 | 2021-02-24 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.12% | Interest Income |
| 2020-04-01 | 2021-01-20 | Completed | 33.33% | $35.94 | $54.31 | 51.10% | Signal |
| 2020-06-02 | 2020-10-06 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 1.19% | Interest Income |
| 2020-06-02 | 2020-07-02 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.66% | Interest Income |
| 2020-04-30 | 2020-06-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income |
| 2020-03-26 | 2020-06-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.04% | Interest Income |
| 2020-03-24 | 2020-04-30 | Completed | 33.33% | $34.40 | $39.96 | 16.17% | Signal |
| 2020-03-10 | 2020-04-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.07% | Interest Income |
| 2020-03-24 | 2020-03-26 | Completed | 33.33% | $34.40 | $36.45 | 5.97% | Signal |
| 2020-03-03 | 2020-03-24 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.36% | Interest Income |
| 2020-03-03 | 2020-03-24 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.36% | Interest Income |
| 2019-06-12 | 2020-03-10 | Completed | 33.33% | $44.46 | $41.38 | -6.93% | Stop |
| 2020-03-02 | 2020-03-02 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.05% | Interest Income |
| 2020-03-02 | 2020-03-02 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.05% | Interest Income |
| 2019-11-04 | 2020-03-02 | Completed | 33.33% | $47.36 | $43.84 | -7.44% | Stop |
| 2019-06-12 | 2020-03-02 | Completed | 33.33% | $44.46 | $43.84 | -1.39% | Stop |
| 2019-10-01 | 2019-11-04 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.28% | Interest Income |
| 2019-03-27 | 2019-10-01 | Completed | 33.33% | $43.90 | $45.08 | 2.69% | Signal |
| 2019-03-20 | 2019-06-12 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.72% | Interest Income |
| 2019-03-20 | 2019-06-12 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.72% | Interest Income |
| 2019-03-20 | 2019-03-27 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income |