Backtest vs buy-and-hold 11
| Symbol | Strategy | Buy & hold | Difference | Trades |
|---|
| GLD |
0.00% |
-9.72% |
✓ +9.72% |
2 |
| TLT |
+0.00% |
-0.74% |
✓ +0.74% |
1 |
| XLE |
+0.00% |
-0.72% |
✓ +0.72% |
0 |
| EFA |
+0.00% |
+0.97% |
-0.97% |
0 |
| SPY |
+0.00% |
+7.20% |
-7.20% |
0 |
| DIA |
+0.00% |
+7.58% |
-7.58% |
0 |
| IWM |
+0.00% |
+8.42% |
-8.42% |
0 |
| NANC |
+0.00% |
+8.48% |
-8.48% |
0 |
| GOP |
+0.00% |
+9.40% |
-9.40% |
0 |
| EEM |
+0.00% |
+10.35% |
-10.35% |
0 |
| QQQ |
+0.00% |
+14.51% |
-14.51% |
0 |
"Difference" is strategy return minus simply holding the asset. On short, mostly-rising history these strategies tend to win only where the asset fell (they sat in cash) — real edge needs more data and choppier markets.