IEFA
iShares Core MSCI Eafe ETF
TREND FOLLOWING PERFORMANCE HISTORY
2026-07-26
Executive Summary
The quantitative backtest for IEFA (iShares Core MSCI Eafe ETF) using the Excess Return SMA* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -34.7% (compared to the benchmark's drawdown of -34.8%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 4.2%, compared to a Buy-and-Hold benchmark return of 7.9%. The strategy executed 11 total trades.
* Excess Return SMA: Advanced Single Moving Average model utilizing custom duration weighting and dynamic Stop Loss limits.
* Excess Return SMA: Advanced Single Moving Average model utilizing custom duration weighting and dynamic Stop Loss limits.
📊 Mathematical Model
Excess Return MMA
Advanced Ensemble: Uses multiple signal layers for maximum trend stability and noise reduction.
Excess Return MMA CA
Advanced Dynamic Sleeve: MMA ensemble signals on the primary asset combined with a momentum-based cash alternative ETF rotation.
Excess Return SMA Active
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.
🎯 Investment Objective
🛡️ Long-Term Investing Active
Ideal for wealth preservation and multi-year horizons. Optimized for low turnover and tax efficiency.
⚔️ Tactical Trading
Ideal for active capital rotation and momentum-first accounts. Optimized for high sensitivity to price shifts.
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IEFA Quality Metrics & KPI Summary
| Metric | 1Y | 5Y | 10Y | Full History | ||||
|---|---|---|---|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | Strategy | B&H | Strategy | B&H | |
| CAGR | 17.61% | 17.61% | 3.06% | 8.53% | 5.96% | 9.42% | 4.19% | 7.91% |
| Sharpe Ratio | 1.05 | 1.05 | 0.22 | 0.50 | 0.43 | 0.53 | 0.31 | 0.44 |
| Max Drawdown | -11.50% | -11.50% | -34.68% | -30.41% | -34.68% | -34.79% | -34.68% | -34.79% |
| % Time Invested | 100.0% | 100.0% | 77.3% | 100.0% | 76.0% | 100.0% | 73.9% | 100.0% |
| Trades / Year | 0.0 | 0.0 | 0.6 | 0.0 | 0.9 | 0.0 | 0.9 | 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 or Mark-to-Market exit denotes an active position (either in the primary asset or a cash/yield sleeve) valued at the current price for reporting purposes. Interest entries record yield accrued from cash or cash alternatives (like BIL) during out-of-market defensive periods.
| Entry Date | Exit Date | Type | Allocation | Entry Price | Exit Price | Net Return % | Exit Reason | |
|---|---|---|---|---|---|---|---|---|
| 🔒 Active Positions & Recent Execution Signals Hidden Trading on delayed data carries high execution risk. Current allocations, pending next-day rebalances, and active execution signals (last 60 days) require a Premium subscription. Upgrade to Pro to Unlock | ||||||||
| 2023-03-16 | 2023-11-07 | Interest (CASH) | 100% | $1.00 | $1.03 | 3.45% | Interest Income | |
| 2023-01-18 | 2023-03-16 | Completed | 100% | $59.66 | $55.43 | -7.13% | Stop | |
| 2022-09-08 | 2023-01-18 | Interest (CASH) | 100% | $1.00 | $1.01 | 1.43% | Interest Income | |
| 2022-07-08 | 2022-09-08 | Completed | 100% | $51.69 | $50.18 | -2.95% | Signal | |
| 2022-06-14 | 2022-07-08 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.11% | Interest Income | |
| 2022-03-29 | 2022-06-14 | Completed | 100% | $61.46 | $52.00 | -15.44% | Stop | |
| 2022-03-07 | 2022-03-29 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.03% | Interest Income | |
| 2021-02-10 | 2022-03-07 | Completed | 100% | $60.29 | $56.11 | -6.97% | Stop | |
| 2021-01-04 | 2021-02-10 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2020-06-01 | 2021-01-04 | Completed | 100% | $46.32 | $58.95 | 27.22% | Signal | |
| 2020-05-07 | 2020-06-01 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2020-04-01 | 2020-05-07 | Completed | 100% | $39.43 | $42.88 | 8.69% | Signal | |
| 2020-03-10 | 2020-04-01 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2019-06-12 | 2020-03-10 | Completed | 100% | $48.74 | $45.57 | -6.55% | Stop | |
| 2019-03-05 | 2019-06-12 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.66% | Interest Income | |
| 2018-11-15 | 2019-03-05 | Completed | 100% | $45.68 | $47.82 | 4.62% | Signal | |
| 2018-10-24 | 2018-11-15 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.15% | Interest Income | |
| 2017-04-03 | 2018-10-24 | Completed | 100% | $43.30 | $45.93 | 6.02% | Stop | |
| 2016-01-07 | 2017-04-03 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.47% | Interest Income | |
| 2015-10-09 | 2016-01-07 | Completed | 100% | $40.44 | $37.43 | -7.50% | Stop | |
| 2015-08-25 | 2015-10-09 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2014-10-22 | 2015-08-25 | Completed | 100% | $39.40 | $38.69 | -1.85% | Stop | |
| 2014-10-20 | 2014-10-22 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |