IJR
iShares Core S&P Small-Cap ETF
TREND FOLLOWING PERFORMANCE HISTORY
2026-07-26
Executive Summary
The quantitative backtest for IJR (iShares Core S&P Small-Cap ETF) using the Excess Return MMA* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -27.0% (compared to the benchmark's drawdown of -58.1%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 7.0%, compared to a Buy-and-Hold benchmark return of 9.8%. The strategy executed 74 total trades.
* Excess Return MMA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility.
* Excess Return MMA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility.
📊 Mathematical Model
Excess Return MMA Active
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)
Moving Average: The baseline 50/200-day crossover model used by technical analysts worldwide.
IJR Quality Metrics & KPI Summary
| Metric | 1Y | 5Y | 10Y | Full History | ||||
|---|---|---|---|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | Strategy | B&H | Strategy | B&H | |
| CAGR | 28.22% | 30.68% | 1.75% | 7.49% | 5.86% | 10.73% | 6.96% | 9.83% |
| Sharpe Ratio | 1.72 | 1.56 | 0.13 | 0.34 | 0.42 | 0.45 | 0.48 | 0.41 |
| Max Drawdown | -7.51% | -8.68% | -27.00% | -28.02% | -27.01% | -44.36% | -27.01% | -58.15% |
| % Time Invested | 100.0% | 100.0% | 81.8% | 100.0% | 86.3% | 100.0% | 88.3% | 100.0% |
| Trades / Year | 0.0 | 0.0 | 3.4 | 0.0 | 3.3 | 0.0 | 3.1 | 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 | ||||||||
| 2025-12-05 | 2026-03-12 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.94% | Interest Income | |
| 2025-05-05 | 2025-12-05 | Completed | 33.33% | $100.50 | $120.62 | 19.96% | Signal | |
| 2025-05-08 | 2025-10-22 | Interest (CASH) | 33.33% | $1.00 | $1.02 | 1.93% | Interest Income | |
| 2025-03-04 | 2025-07-23 | Interest (CASH) | 33.33% | $1.00 | $1.02 | 1.66% | Interest Income | |
| 2025-04-30 | 2025-05-08 | Completed | 33.33% | $97.78 | $101.07 | 3.32% | Signal | |
| 2025-04-10 | 2025-05-05 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2025-04-07 | 2025-04-30 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2025-04-01 | 2025-04-10 | Completed | 33.33% | $102.71 | $94.23 | -8.30% | Stop | |
| 2025-03-26 | 2025-04-07 | Completed | 33.33% | $105.75 | $89.56 | -15.35% | Stop | |
| 2025-03-10 | 2025-04-01 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2025-03-04 | 2025-03-26 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2024-05-09 | 2025-03-10 | Completed | 33.33% | $104.36 | $104.39 | -0.01% | Stop | |
| 2024-07-18 | 2025-03-04 | Completed | 33.33% | $112.03 | $105.59 | -5.79% | Stop | |
| 2024-02-22 | 2025-03-04 | Completed | 33.33% | $101.84 | $105.59 | 3.63% | Stop | |
| 2024-06-24 | 2024-07-18 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.36% | Interest Income | |
| 2024-01-12 | 2024-06-24 | Completed | 33.33% | $101.51 | $102.18 | 0.61% | Signal | |
| 2022-10-21 | 2024-05-09 | Interest (CASH) | 33.33% | $1.00 | $1.08 | 8.11% | Interest Income | |
| 2023-05-31 | 2024-02-22 | Interest (CASH) | 33.33% | $1.00 | $1.04 | 3.97% | Interest Income | |
| 2023-10-23 | 2024-01-12 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 1.20% | Interest Income | |
| 2023-08-03 | 2023-10-23 | Completed | 33.33% | $98.63 | $85.51 | -13.34% | Stop | |
| 2023-05-02 | 2023-08-03 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 1.35% | Interest Income | |
| 2023-04-04 | 2023-05-31 | Completed | 33.33% | $92.26 | $88.60 | -4.01% | Signal | |
| 2023-04-05 | 2023-05-02 | Completed | 33.33% | $89.74 | $88.78 | -1.13% | Signal | |
| 2023-03-14 | 2023-04-05 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.30% | Interest Income | |
| 2022-04-26 | 2023-04-04 | Interest (CASH) | 33.33% | $1.00 | $1.03 | 3.15% | Interest Income | |
| 2023-01-13 | 2023-03-14 | Completed | 33.33% | $94.75 | $91.35 | -3.64% | Stop | |
| 2022-02-18 | 2023-01-13 | Interest (CASH) | 33.33% | $1.00 | $1.02 | 2.20% | Interest Income | |
| 2022-10-18 | 2022-10-21 | Completed | 33.33% | $88.16 | $85.23 | -3.37% | Signal | |
| 2022-09-26 | 2022-10-18 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.22% | Interest Income | |
| 2022-05-20 | 2022-09-26 | Completed | 33.33% | $91.16 | $82.95 | -9.05% | Stop | |
| 2022-04-28 | 2022-05-20 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.06% | Interest Income | |
| 2021-02-10 | 2022-04-28 | Completed | 33.33% | $98.55 | $94.49 | -4.17% | Stop | |
| 2022-02-16 | 2022-04-26 | Completed | 33.33% | $101.03 | $96.06 | -4.96% | Signal | |
| 2022-02-16 | 2022-02-18 | Completed | 33.33% | $101.03 | $99.05 | -2.01% | Signal | |
| 2022-01-25 | 2022-02-16 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2022-01-25 | 2022-02-16 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2021-10-27 | 2022-01-25 | Completed | 33.33% | $104.75 | $98.53 | -5.98% | Stop | |
| 2020-10-15 | 2022-01-25 | Completed | 33.33% | $68.22 | $98.53 | 44.35% | Stop | |
| 2021-09-21 | 2021-10-27 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2020-07-06 | 2021-09-21 | Completed | 33.33% | $63.09 | $99.92 | 58.29% | Signal | |
| 2019-08-19 | 2021-02-10 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 1.01% | Interest Income | |
| 2020-04-16 | 2020-10-15 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.06% | Interest Income | |
| 2020-03-25 | 2020-07-06 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.04% | Interest Income | |
| 2020-03-23 | 2020-04-16 | Completed | 33.33% | $44.77 | $52.09 | 16.31% | Signal | |
| 2020-03-23 | 2020-03-25 | Completed | 33.33% | $44.77 | $48.68 | 8.69% | Signal | |
| 2020-02-28 | 2020-03-23 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.03% | Interest Income | |
| 2020-02-28 | 2020-03-23 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.03% | Interest Income | |
| 2019-11-01 | 2020-02-28 | Completed | 33.33% | $71.89 | $64.95 | -9.71% | Stop | |
| 2019-09-11 | 2020-02-28 | Completed | 33.33% | $70.84 | $64.95 | -8.36% | Stop | |
| 2019-07-16 | 2019-11-01 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.58% | Interest Income | |
| 2019-03-08 | 2019-09-11 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 1.15% | Interest Income | |
| 2019-01-17 | 2019-08-19 | Completed | 33.33% | $66.14 | $68.64 | 3.72% | Signal | |
| 2019-04-02 | 2019-07-16 | Completed | 33.33% | $69.96 | $69.82 | -0.24% | Signal | |
| 2019-03-08 | 2019-04-02 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.16% | Interest Income | |
| 2019-02-21 | 2019-03-08 | Completed | 33.33% | $72.29 | $68.23 | -5.66% | Stop | |
| 2019-02-21 | 2019-03-08 | Completed | 33.33% | $72.29 | $68.23 | -5.66% | Stop | |
| 2019-01-28 | 2019-02-21 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.16% | Interest Income | |
| 2018-10-24 | 2019-02-21 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.76% | Interest Income | |
| 2019-01-15 | 2019-01-28 | Completed | 33.33% | $65.60 | $67.01 | 2.10% | Signal | |
| 2018-12-24 | 2019-01-17 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.15% | Interest Income | |
| 2018-12-20 | 2019-01-15 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.15% | Interest Income | |
| 2018-11-16 | 2018-12-24 | Completed | 33.33% | $69.51 | $58.89 | -15.32% | Stop | |
| 2018-11-15 | 2018-12-20 | Completed | 33.33% | $68.72 | $61.19 | -10.99% | Stop | |
| 2018-10-25 | 2018-11-16 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.15% | Interest Income | |
| 2018-10-24 | 2018-11-15 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.15% | Interest Income | |
| 2016-09-02 | 2018-10-25 | Completed | 33.33% | $53.70 | $67.45 | 25.54% | Stop | |
| 2017-06-22 | 2018-10-24 | Completed | 33.33% | $60.32 | $69.61 | 15.34% | Stop | |
| 2016-07-12 | 2018-10-24 | Completed | 33.33% | $52.01 | $69.61 | 33.77% | Stop | |
| 2017-05-31 | 2017-06-22 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.06% | Interest Income | |
| 2016-04-28 | 2017-05-31 | Completed | 33.33% | $49.75 | $59.71 | 19.97% | Signal | |
| 2016-06-28 | 2016-09-02 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.06% | Interest Income | |
| 2015-11-19 | 2016-07-12 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.17% | Interest Income | |
| 2016-02-10 | 2016-06-28 | Completed | 33.33% | $42.17 | $47.82 | 13.34% | Signal | |
| 2016-01-21 | 2016-04-28 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.08% | Interest Income | |
| 2016-01-19 | 2016-02-10 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2015-12-31 | 2016-01-21 | Completed | 33.33% | $47.59 | $42.42 | -10.92% | Stop | |
| 2015-09-17 | 2016-01-19 | Completed | 33.33% | $47.68 | $43.10 | -9.66% | Stop | |
| 2015-08-25 | 2015-12-31 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.03% | Interest Income | |
| 2015-09-17 | 2015-11-19 | Completed | 33.33% | $47.68 | $48.46 | 1.59% | Signal | |
| 2015-08-25 | 2015-09-17 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2015-08-25 | 2015-09-17 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2014-12-26 | 2015-08-25 | Completed | 33.33% | $48.31 | $45.89 | -5.06% | Stop | |
| 2012-03-13 | 2015-08-25 | Completed | 33.33% | $30.54 | $45.89 | 50.18% | Stop | |
| 2011-08-30 | 2015-08-25 | Completed | 33.33% | $26.04 | $45.89 | 76.14% | Stop | |
| 2014-10-10 | 2014-12-26 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2012-09-07 | 2014-10-10 | Completed | 33.33% | $31.81 | $42.55 | 33.69% | Signal | |
| 2012-06-27 | 2012-09-07 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2011-12-23 | 2012-06-27 | Completed | 33.33% | $28.05 | $28.68 | 2.20% | Signal | |
| 2011-10-04 | 2012-03-13 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2011-08-05 | 2011-12-23 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2011-08-29 | 2011-10-04 | Completed | 33.33% | $25.41 | $22.23 | -12.56% | Stop | |
| 2011-08-08 | 2011-08-30 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2011-08-05 | 2011-08-29 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2010-06-01 | 2011-08-08 | Completed | 33.33% | $22.93 | $25.06 | 9.28% | Stop | |
| 2010-10-20 | 2011-08-05 | Completed | 33.33% | $24.54 | $26.57 | 8.26% | Stop | |
| 2010-06-01 | 2011-08-05 | Completed | 33.33% | $22.93 | $26.57 | 15.86% | Stop | |
| 2010-08-03 | 2010-10-20 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.03% | Interest Income | |
| 2010-06-01 | 2010-08-03 | Completed | 33.33% | $22.93 | $23.23 | 1.29% | Signal | |
| 2010-05-07 | 2010-06-01 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2010-05-07 | 2010-06-01 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2010-05-07 | 2010-06-01 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2009-09-15 | 2010-05-07 | Completed | 33.33% | $20.51 | $23.41 | 14.10% | Stop | |
| 2009-08-14 | 2010-05-07 | Completed | 33.33% | $19.87 | $23.41 | 17.77% | Stop | |
| 2009-05-28 | 2010-05-07 | Completed | 33.33% | $17.00 | $23.41 | 37.64% | Stop | |
| 2008-06-16 | 2009-09-15 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.67% | Interest Income | |
| 2007-11-21 | 2009-08-14 | Interest (CASH) | 33.33% | $1.00 | $1.02 | 1.84% | Interest Income | |
| 2008-09-08 | 2009-05-28 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.22% | Interest Income | |
| 2008-07-30 | 2008-09-08 | Completed | 33.33% | $24.05 | $25.00 | 3.87% | Signal | |
| 2008-07-08 | 2008-07-30 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.10% | Interest Income | |
| 2008-06-06 | 2008-07-08 | Completed | 33.33% | $25.64 | $22.35 | -12.90% | Stop | |
| 2008-01-31 | 2008-06-16 | Completed | 33.33% | $22.97 | $24.74 | 7.67% | Signal | |
| 2007-08-17 | 2008-06-06 | Interest (CASH) | 33.33% | $1.00 | $1.02 | 2.15% | Interest Income | |
| 2008-01-08 | 2008-01-31 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.17% | Interest Income | |
| 2003-06-02 | 2008-01-08 | Completed | 33.33% | $13.28 | $23.97 | 80.36% | Stop | |
| 2007-09-11 | 2007-11-21 | Completed | 33.33% | $25.95 | $24.68 | -4.96% | Stop | |
| 2007-08-17 | 2007-09-11 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.25% | Interest Income | |
| 2007-01-23 | 2007-08-17 | Completed | 33.33% | $24.97 | $26.44 | 5.84% | Stop | |
| 2006-09-06 | 2007-08-17 | Completed | 33.33% | $23.34 | $26.44 | 13.24% | Stop | |
| 2006-10-06 | 2007-01-23 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 1.42% | Interest Income | |
| 2006-07-07 | 2006-10-06 | Completed | 33.33% | $23.56 | $23.88 | 1.30% | Signal | |
| 2006-07-11 | 2006-09-06 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.79% | Interest Income | |
| 2006-07-07 | 2006-07-11 | Completed | 33.33% | $23.56 | $23.22 | -1.51% | Signal | |
| 2006-06-14 | 2006-07-07 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.31% | Interest Income | |
| 2006-06-14 | 2006-07-07 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.31% | Interest Income | |
| 2006-01-11 | 2006-06-14 | Completed | 33.33% | $23.24 | $22.14 | -4.77% | Stop | |
| 2003-06-02 | 2006-06-14 | Completed | 33.33% | $13.28 | $22.14 | 66.59% | Stop | |
| 2005-12-12 | 2006-01-11 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.31% | Interest Income | |
| 2005-07-19 | 2005-12-12 | Completed | 33.33% | $21.55 | $22.63 | 4.99% | Signal | |
| 2005-05-12 | 2005-07-19 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.55% | Interest Income | |
| 2004-10-19 | 2005-05-12 | Completed | 33.33% | $18.04 | $19.44 | 7.72% | Signal | |
| 2004-09-21 | 2004-10-19 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.14% | Interest Income | |
| 2004-09-03 | 2004-09-21 | Completed | 33.33% | $17.59 | $18.05 | 2.54% | Signal | |
| 2004-07-19 | 2004-09-03 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.20% | Interest Income | |
| 2003-05-29 | 2004-07-19 | Completed | 33.33% | $13.00 | $17.49 | 34.46% | Signal | |
| 2002-12-24 | 2003-06-02 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.49% | Interest Income | |
| 2002-09-27 | 2003-06-02 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.83% | Interest Income | |
| 2003-03-12 | 2003-05-29 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.24% | Interest Income | |
| 2003-01-08 | 2003-03-12 | Completed | 33.33% | $12.32 | $10.75 | -12.80% | Stop | |
| 2002-07-05 | 2003-01-08 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.77% | Interest Income | |
| 2002-10-30 | 2002-12-24 | Completed | 33.33% | $11.71 | $12.21 | 4.21% | Signal | |
| 2002-10-08 | 2002-10-30 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.10% | Interest Income | |
| 2002-08-07 | 2002-10-08 | Completed | 33.33% | $11.95 | $10.85 | -9.22% | Stop | |
| 2002-07-29 | 2002-09-27 | Completed | 33.33% | $12.06 | $11.74 | -2.69% | Signal | |
| 2002-07-16 | 2002-08-07 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.11% | Interest Income | |
| 2002-07-05 | 2002-07-29 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.11% | Interest Income | |
| 2002-05-29 | 2002-07-16 | Completed | 33.33% | $14.94 | $12.50 | -16.36% | Stop | |
| 2002-05-29 | 2002-07-05 | Completed | 33.33% | $14.94 | $13.27 | -11.24% | Stop | |
| 2002-05-29 | 2002-07-05 | Completed | 33.33% | $14.94 | $13.27 | -11.24% | Stop | |
| 2002-05-24 | 2002-05-29 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2002-05-24 | 2002-05-29 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2002-05-24 | 2002-05-29 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |