IXUS iShares Core MSCI Total International Stock ETF
TREND FOLLOWING PERFORMANCE HISTORY
2026-05-31
Executive Summary
The quantitative backtest for IXUS (iShares Core MSCI Total International Stock ETF) using the Excess Return MMA CA* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -17.1% (compared to the benchmark's drawdown of -36.2%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 7.3%, compared to a Buy-and-Hold benchmark return of 8.0%. The strategy executed 31 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.
IXUS Quality Metrics & KPI Summary
| Metric | 1Y | 5Y | 10Y | Full History | ||||
|---|---|---|---|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | Strategy | B&H | Strategy | B&H | |
| CAGR | 32.45% | 32.45% | 6.73% | 8.46% | 9.53% | 9.88% | 7.29% | 8.03% |
| Sharpe Ratio | 1.84 | 1.84 | 0.56 | 0.50 | 0.78 | 0.55 | 0.63 | 0.45 |
| Max Drawdown | -11.36% | -11.36% | -16.07% | -30.04% | -17.07% | -36.22% | -17.07% | -36.22% |
| % Time Invested | 100.0% | 100.0% | 87.8% | 100.0% | 92.2% | 100.0% | 89.4% | 100.0% |
| Trades / Year | 0.0 | 0.0 | 1.6 | 0.0 | 2.3 | 0.0 | 2.7 | 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 / 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 |
|---|---|---|---|---|---|---|---|
| 2025-05-01 | Open | Open | 33.33% | $69.57 | $96.74 | 39.05% | Mark-to-Market |
| 2025-03-31 | Open | Open | 33.33% | $67.05 | $96.74 | 44.28% | Mark-to-Market |
| 2023-12-15 | Open | Open | 33.33% | $59.37 | $96.74 | 62.95% | Mark-to-Market |
| 2025-04-04 | 2025-05-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.18% | Interest Income |
| 2023-12-15 | 2025-04-04 | Completed | 33.33% | $59.37 | $64.06 | 7.91% | Signal |
| 2024-12-30 | 2025-03-31 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 1.13% | Interest Income |
| 2023-12-15 | 2024-12-30 | Completed | 33.33% | $59.37 | $64.01 | 7.81% | Signal |
| 2023-11-08 | 2023-12-15 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.74% | Interest Income |
| 2023-09-27 | 2023-12-15 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 1.36% | Interest Income |
| 2023-06-02 | 2023-12-15 | Interest (FLOT) | 33.33% | $1.00 | $1.04 | 3.51% | Interest Income |
| 2023-04-04 | 2023-11-08 | Completed | 33.33% | $56.56 | $55.24 | -2.32% | Signal |
| 2023-01-09 | 2023-09-27 | Completed | 33.33% | $55.09 | $55.32 | 0.41% | Signal |
| 2023-04-04 | 2023-06-01 | Interest (SHV) | 33.33% | $1.00 | $1.01 | 0.71% | Interest Income |
| 2023-03-13 | 2023-04-04 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.37% | Interest Income |
| 2023-03-13 | 2023-04-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.37% | Interest Income |
| 2023-01-18 | 2023-03-13 | Completed | 33.33% | $57.06 | $53.59 | -6.08% | Stop |
| 2023-01-18 | 2023-03-13 | Completed | 33.33% | $57.06 | $53.59 | -6.08% | 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 | 2023-01-09 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.90% | 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 |
| 2022-09-02 | 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 |
| 2022-09-02 | 2022-10-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.05% | Interest Income |
| 2022-08-23 | 2022-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.08% | Interest Income |
| 2022-03-02 | 2022-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.37% | Interest Income |
| 2022-03-02 | 2022-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.37% | Interest Income |
| 2022-07-14 | 2022-08-23 | Completed | 33.33% | $49.19 | $51.87 | 5.45% | Signal |
| 2022-06-21 | 2022-07-14 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.04% | Interest Income |
| 2022-03-30 | 2022-06-21 | Completed | 33.33% | $59.95 | $51.40 | -14.25% | Stop |
| 2022-03-08 | 2022-03-30 | Interest (BIL) | 33.33% | $1.00 | $1.00 | -0.01% | Interest Income |
| 2020-04-01 | 2022-03-08 | Completed | 33.33% | $38.29 | $54.90 | 43.40% | Stop |
| 2022-02-17 | 2022-03-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.00% | Interest Income |
| 2022-01-04 | 2022-03-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income |
| 2020-06-04 | 2022-02-17 | Completed | 33.33% | $46.72 | $61.58 | 31.82% | Signal |
| 2021-11-02 | 2022-01-03 | Interest (BIL) | 33.33% | $1.00 | $1.00 | -0.03% | Interest Income |
| 2021-10-08 | 2021-11-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.03% | Interest Income |
| 2020-06-04 | 2021-10-08 | Completed | 33.33% | $46.72 | $62.02 | 32.76% | Signal |
| 2020-06-02 | 2020-06-04 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.04% | Interest Income |
| 2020-06-02 | 2020-06-04 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.04% | Interest Income |
| 2020-04-30 | 2020-06-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income |
| 2020-03-27 | 2020-06-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income |
| 2020-03-24 | 2020-04-30 | Completed | 33.33% | $36.88 | $42.83 | 16.13% | Signal |
| 2020-03-10 | 2020-04-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.07% | Interest Income |
| 2020-03-24 | 2020-03-27 | Completed | 33.33% | $36.88 | $38.66 | 4.81% | 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 |
| 2019-09-13 | 2020-03-10 | Completed | 33.33% | $48.51 | $44.55 | -8.16% | 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 |
| 2019-09-13 | 2020-03-02 | Completed | 33.33% | $48.51 | $46.93 | -3.27% | Stop |
| 2019-06-25 | 2020-03-02 | Completed | 33.33% | $48.43 | $46.93 | -3.10% | Stop |
| 2019-08-05 | 2019-09-13 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.33% | Interest Income |
| 2019-03-04 | 2019-09-13 | Interest (FLOT) | 33.33% | $1.00 | $1.02 | 1.82% | Interest Income |
| 2019-03-22 | 2019-08-05 | Completed | 33.33% | $47.31 | $46.12 | -2.51% | Signal |
| 2019-03-04 | 2019-06-25 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 1.06% | Interest Income |
| 2019-03-04 | 2019-03-22 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.20% | Interest Income |
| 2019-02-27 | 2019-03-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.04% | Interest Income |
| 2018-12-11 | 2019-03-01 | Interest (SHV) | 33.33% | $1.00 | $1.01 | 0.57% | Interest Income |
| 2018-12-11 | 2019-03-01 | Interest (SHV) | 33.33% | $1.00 | $1.01 | 0.57% | Interest Income |
| 2018-11-05 | 2019-02-27 | Completed | 33.33% | $45.35 | $47.17 | 4.01% | Signal |
| 2018-11-08 | 2018-12-11 | Completed | 33.33% | $45.88 | $43.64 | -4.87% | Stop |
| 2018-11-08 | 2018-12-11 | Completed | 33.33% | $45.88 | $43.64 | -4.87% | Stop |
| 2018-11-02 | 2018-11-08 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income |
| 2018-11-02 | 2018-11-08 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income |
| 2018-11-02 | 2018-11-05 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income |
| 2018-10-12 | 2018-11-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.05% | Interest Income |
| 2018-08-16 | 2018-11-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.41% | Interest Income |
| 2018-05-07 | 2018-11-01 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 1.07% | Interest Income |
| 2017-02-17 | 2018-10-12 | Completed | 33.33% | $41.30 | $45.68 | 10.60% | Stop |
| 2016-08-01 | 2018-08-16 | Completed | 33.33% | $38.98 | $47.23 | 21.16% | Stop |
| 2017-02-14 | 2018-05-07 | Completed | 33.33% | $41.29 | $50.15 | 21.45% | Signal |
| 2016-11-02 | 2017-02-17 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.58% | Interest Income |
| 2016-12-29 | 2017-02-14 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.12% | Interest Income |
| 2016-05-03 | 2016-12-29 | Completed | 33.33% | $37.89 | $38.88 | 2.62% | Signal |
| 2016-10-04 | 2016-11-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income |
| 2016-04-04 | 2016-10-03 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 1.17% | Interest Income |
| 2016-04-04 | 2016-08-01 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.78% | Interest Income |
| 2016-04-04 | 2016-05-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.27% | Interest Income |
| 2016-03-02 | 2016-04-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income |
| 2016-03-02 | 2016-04-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income |
| 2016-03-02 | 2016-04-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income |
| 2016-02-02 | 2016-03-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income |
| 2016-02-02 | 2016-03-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income |
| 2016-02-02 | 2016-03-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income |
| 2015-12-14 | 2016-02-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income |
| 2015-12-14 | 2016-02-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income |
| 2015-11-03 | 2016-02-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.11% | Interest Income |
| 2015-10-09 | 2015-12-14 | Completed | 33.33% | $38.81 | $36.51 | -5.94% | Stop |
| 2015-10-09 | 2015-12-14 | Completed | 33.33% | $38.81 | $36.51 | -5.94% | Stop |
| 2015-10-20 | 2015-11-02 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.05% | Interest Income |
| 2015-09-16 | 2015-10-20 | Completed | 33.33% | $37.74 | $38.66 | 2.43% | Signal |
| 2015-09-02 | 2015-10-09 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.04% | Interest Income |
| 2015-09-02 | 2015-10-09 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.04% | Interest Income |
| 2015-09-02 | 2015-09-16 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.04% | Interest Income |
| 2015-08-24 | 2015-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income |
| 2015-08-20 | 2015-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income |
| 2015-08-14 | 2015-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income |
| 2015-04-29 | 2015-08-24 | Completed | 33.33% | $43.06 | $37.03 | -14.00% | Stop |
| 2014-10-22 | 2015-08-20 | Completed | 33.33% | $39.47 | $38.95 | -1.33% | Signal |
| 2015-03-25 | 2015-08-14 | Completed | 33.33% | $41.48 | $40.03 | -3.50% | Signal |
| 2015-03-03 | 2015-04-29 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.20% | Interest Income |
| 2015-03-03 | 2015-03-25 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.10% | Interest Income |
| 2015-02-03 | 2015-03-02 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.01% | Interest Income |
| 2015-02-03 | 2015-03-02 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.01% | Interest Income |
| 2015-01-05 | 2015-02-02 | Interest (BIL) | 33.33% | $1.00 | $1.00 | -0.00% | Interest Income |
| 2015-01-05 | 2015-02-02 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income |
| 2014-12-24 | 2015-01-02 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income |
| 2014-12-02 | 2015-01-02 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.04% | Interest Income |
| 2014-10-22 | 2014-12-24 | Completed | 33.33% | $39.47 | $39.51 | 0.09% | Signal |
| 2014-11-04 | 2014-12-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income |
| 2014-10-20 | 2014-11-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.04% | Interest Income |
| 2014-10-20 | 2014-10-22 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.04% | Interest Income |
| 2014-10-20 | 2014-10-22 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.04% | Interest Income |