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 Moving Average (50/200)* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -25.9% (compared to the benchmark's drawdown of -34.8%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 5.4%, compared to a Buy-and-Hold benchmark return of 7.9%. The strategy executed 8 total trades.
* Moving Average (50/200): Classic Moving Average Crossover (e.g., 50-day crossing 200-day). The foundational basis of research-grade trend following.
* Moving Average (50/200): Classic Moving Average Crossover (e.g., 50-day crossing 200-day). The foundational basis of research-grade trend following.
📊 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
Standard Signal: Classical quantitative trend following optimized for reliable directionality.
Moving Average (50/200) Active
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% | 8.67% | 8.53% | 8.27% | 9.42% | 5.42% | 7.91% |
| Sharpe Ratio | 1.05 | 1.05 | 0.66 | 0.50 | 0.65 | 0.53 | 0.43 | 0.44 |
| Max Drawdown | -11.50% | -11.50% | -19.91% | -30.41% | -21.22% | -34.79% | -25.93% | -34.79% |
| % Time Invested | 100.0% | 100.0% | 73.3% | 100.0% | 75.9% | 100.0% | 71.4% | 100.0% |
| Trades / Year | 0.0 | 0.0 | 0.4 | 0.0 | 0.5 | 0.0 | 0.7 | 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 | ||||||||
| 2024-12-24 | 2025-03-07 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.81% | Interest Income | |
| 2023-12-15 | 2024-12-24 | Completed | 100% | $63.11 | $66.77 | 5.75% | Signal | |
| 2023-10-12 | 2023-12-15 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.97% | Interest Income | |
| 2023-01-06 | 2023-10-12 | Completed | 100% | $55.66 | $58.79 | 5.56% | Signal | |
| 2022-01-20 | 2023-01-06 | Interest (CASH) | 100% | $1.00 | $1.02 | 2.13% | Interest Income | |
| 2020-08-05 | 2022-01-20 | Completed | 100% | $50.03 | $63.84 | 27.54% | Signal | |
| 2020-03-10 | 2020-08-05 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.06% | Interest Income | |
| 2019-04-10 | 2020-03-10 | Completed | 100% | $49.00 | $45.57 | -7.04% | Stop | |
| 2018-10-11 | 2019-04-10 | Interest (CASH) | 100% | $1.00 | $1.01 | 1.17% | Interest Income | |
| 2018-09-19 | 2018-10-11 | Completed | 100% | $49.95 | $47.34 | -5.28% | Stop | |
| 2018-07-18 | 2018-09-19 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.36% | Interest Income | |
| 2016-05-25 | 2018-07-18 | Completed | 100% | $39.43 | $50.09 | 26.99% | Signal | |
| 2016-01-07 | 2016-05-25 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.10% | 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 | |
| 2015-04-06 | 2015-08-25 | Completed | 100% | $42.26 | $38.69 | -8.49% | Stop | |
| 2014-10-20 | 2015-04-06 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |