IYW
iShares U.S. Technology ETF
TREND FOLLOWING PERFORMANCE HISTORY
2026-07-26
Executive Summary
The quantitative backtest for IYW (iShares U.S. Technology ETF) using the Moving Average (50/200)* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -30.9% (compared to the benchmark's drawdown of -54.9%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 11.9%, compared to a Buy-and-Hold benchmark return of 14.2%. The strategy executed 20 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.
Switch to MMA to enable
IYW Quality Metrics & KPI Summary
| Metric | 1Y | 5Y | 10Y | Full History | ||||
|---|---|---|---|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | Strategy | B&H | Strategy | B&H | |
| CAGR | 8.82% | 31.73% | 7.20% | 18.24% | 17.82% | 24.50% | 11.94% | 14.17% |
| Sharpe Ratio | 0.39 | 1.19 | 0.36 | 0.64 | 0.85 | 0.87 | 0.68 | 0.55 |
| Max Drawdown | -16.60% | -17.81% | -30.90% | -39.44% | -30.90% | -39.44% | -30.90% | -54.91% |
| % Time Invested | 91.7% | 100.0% | 72.8% | 100.0% | 81.6% | 100.0% | 73.9% | 100.0% |
| Trades / Year | 0.0 | 0.0 | 1.0 | 0.0 | 0.8 | 0.0 | 0.8 | 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 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 | ||||||||
| 2026-03-30 | 2026-04-29 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.30% | Interest Income | |
| 2025-06-27 | 2026-03-30 | Completed | 100% | $171.58 | $177.70 | 3.51% | Stop | |
| 2025-04-07 | 2025-06-27 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.96% | Interest Income | |
| 2025-04-02 | 2025-04-07 | Completed | 100% | $139.55 | $118.71 | -14.98% | Signal | |
| 2025-03-11 | 2025-04-02 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2024-08-28 | 2025-03-11 | Completed | 100% | $148.00 | $141.59 | -4.37% | Stop | |
| 2024-08-06 | 2024-08-28 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.33% | Interest Income | |
| 2023-01-18 | 2024-08-06 | Completed | 100% | $78.42 | $133.82 | 70.56% | Stop | |
| 2022-03-08 | 2023-01-18 | Interest (CASH) | 100% | $1.00 | $1.02 | 2.22% | Interest Income | |
| 2022-02-16 | 2022-03-08 | Completed | 100% | $101.08 | $91.38 | -9.64% | Signal | |
| 2022-01-25 | 2022-02-16 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2020-05-28 | 2022-01-25 | Completed | 100% | $60.59 | $98.13 | 61.88% | Stop | |
| 2020-04-29 | 2020-05-28 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2020-03-24 | 2020-04-29 | Completed | 100% | $46.85 | $56.18 | 19.85% | Signal | |
| 2020-03-02 | 2020-03-24 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2019-03-27 | 2020-03-02 | Completed | 100% | $46.05 | $55.80 | 21.12% | Stop | |
| 2018-11-20 | 2019-03-27 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.81% | Interest Income | |
| 2016-04-21 | 2018-11-20 | Completed | 100% | $25.48 | $38.98 | 52.89% | Stop | |
| 2016-01-21 | 2016-04-21 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.07% | Interest Income | |
| 2015-10-09 | 2016-01-21 | Completed | 100% | $24.21 | $22.69 | -6.32% | Stop | |
| 2015-08-25 | 2015-10-09 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2013-02-26 | 2015-08-25 | Completed | 100% | $16.11 | $22.32 | 38.43% | Stop | |
| 2012-11-19 | 2013-02-26 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2011-12-12 | 2012-11-19 | Completed | 100% | $14.59 | $15.34 | 5.05% | Stop | |
| 2011-07-27 | 2011-12-12 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2010-10-26 | 2011-07-27 | Completed | 100% | $13.54 | $15.07 | 11.28% | Signal | |
| 2010-07-12 | 2010-10-26 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.04% | Interest Income | |
| 2010-06-01 | 2010-07-12 | Completed | 100% | $12.19 | $12.02 | -1.41% | Signal | |
| 2010-05-07 | 2010-06-01 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2009-05-28 | 2010-05-07 | Completed | 100% | $9.31 | $12.44 | 33.62% | Stop | |
| 2008-01-08 | 2009-05-28 | Interest (CASH) | 100% | $1.00 | $1.01 | 1.42% | Interest Income | |
| 2006-09-19 | 2008-01-08 | Completed | 100% | $11.13 | $12.71 | 14.21% | Stop | |
| 2006-06-13 | 2006-09-19 | Interest (CASH) | 100% | $1.00 | $1.01 | 1.33% | Interest Income | |
| 2005-05-24 | 2006-06-13 | Completed | 100% | $10.12 | $9.98 | -1.43% | Stop | |
| 2005-05-02 | 2005-05-24 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.18% | Interest Income | |
| 2004-10-07 | 2005-05-02 | Completed | 100% | $9.69 | $9.40 | -3.08% | Signal | |
| 2004-05-17 | 2004-10-07 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.56% | Interest Income | |
| 2004-04-15 | 2004-05-17 | Completed | 100% | $10.35 | $9.48 | -8.47% | Signal | |
| 2004-03-23 | 2004-04-15 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.06% | Interest Income | |
| 2003-04-15 | 2004-03-23 | Completed | 100% | $7.11 | $9.77 | 37.42% | Stop | |
| 2002-05-17 | 2003-04-15 | Interest (CASH) | 100% | $1.00 | $1.01 | 1.30% | Interest Income | |