LearnComparisons › momentum breakout vs 3-month momentum

20-Day Momentum + Trailing Stop vs 3-Month Momentum Switch

Two rule sets, 59 ETFs, one engine and window — a genuinely like-for-like comparison.

Head-to-head: momentum breakout won on 37 of 59 ETFs by CAGR. Median CAGR — momentum breakout: 0.0% · 3-month momentum: 0.1%. Median max drawdown — 20.1% vs 26.8%.
momentum breakout3-month momentum
Median CAGR (59 ETFs)0.0%0.1%
Median max drawdown−20.1%−26.8%
ETFs won (by CAGR)3722
Stylehigh-momentum assets where trends extend — semiconductor and leveraged tech ETFs show the archetypeassets with long, persistent cycles — index, sector, and even managed-futures ETFs

Where the gap was biggest

ETFmomentum breakout3-month momentumgap
UST −4.5%−100.0% 95.5%
SOXS 1.3%−14.2% 15.5%
UVXY −30.3%−44.2% 13.9%
QID −3.6%−14.7% 11.1%
SQQQ −15.1%−24.4% 9.4%
XLY 4.9%−4.1% 9.0%
QLD 21.7%13.1% 8.6%
VOX 2.3%10.1% 7.8%
TQQQ 3.1%10.8% 7.6%
REW −8.0%−15.6% 7.6%
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Frequently asked questions

Which is better: momentum breakout or 3-month momentum?

On this 2021-01-04–2026-07-17 window, momentum breakout produced the higher CAGR on 37 of 59 ETFs. Median CAGR: momentum breakout 0.0% vs 3-month momentum 0.1%; median max drawdown: 20.1% vs 26.8%. "Better" depends on the asset and what you optimize — the per-ETF table shows where each wins.

Dig deeper

20-Day Momentum + Trailing Stoprules + all 59 ETF results 3-Month Momentum Switchrules + all 59 ETF results

Backtests are hypothetical, computed by DeployQuant's engine on minute-resolution consolidated US market data (2021-01-04 to 2026-07-17, $10,000 starting capital, no margin, fees and slippage not modeled) and do not guarantee future results. Nothing on this page is investment advice. Live trading involves risk of loss.