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SGOV trading strategies, backtested

iShares 0-3 Month Treasury Bond ETF — T-bills — effectively the cash leg of many rotation strategies. Every DeployQuant template run on SGOV over 5.5 years of minute data, same engine, same window, sorted by return.

Quick answer: the best-performing template on SGOV (2021-01-04 → 2026-07-17) was EMA 12/26 trend at 3.2% CAGR vs 3.2% for buy-and-hold. 0 of 12 templates beat holding; 4 cut the max drawdown.
StrategyCAGRmax DDSharpetradeswin ratefinal value
EMA 12/26 Trend 3.2% −0.0% 13.439 67% $11,908
Golden Cross (SMA 50/200) 3.2% −0.0% 13.620 $11,905
SMA 10/50 Trend 3.2% −0.0% 13.475 40% $11,906
200-Day SMA Regime Filter 3.2% −0.1% 13.613 67% $11,905
SMA-200 Trend + 15% Trailing Stop 3.2% −0.0% 13.620 $11,905
Weekly Entry + 7% Target 3.2% −0.0% 13.323 67% $11,898
First-to-Last Day of Month 3.0% −0.1% 12.5867 87% $11,756
RSI(2) Dip Snapback 0.0% −0.1% 0.4658 33% $10,012
RSI(14) Mean Reversion 0.0% −0.0% 0.000 $10,000
Drawdown Dip Buyer + 8% Target 0.0% −0.0% 0.000 $10,000
20-Day Momentum + Trailing Stop 0.0% −0.0% 0.000 $10,000
3-Month Momentum Switch 0.0% −0.0% 0.000 $10,000
Buy & hold SGOV 3.2%−0.0% 13.38 $11,907
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Build it from blocks (or type it in English), backtest it on 5.5 years of minute data in seconds, tweak any parameter, then paper trade it on live data. No card, no broker needed to start.

Frequently asked questions

What was the best strategy for SGOV?

Of the 12 templates tested on SGOV over 2021-01-04–2026-07-17, the strongest by CAGR was EMA 12/26 trend at 3.2% (max drawdown 0.0%), versus 3.2% for buy-and-hold. Best-in-hindsight is not a forecast — check drawdowns and trade counts before drawing conclusions.

Did any strategy beat buying and holding SGOV?

0 of 12 templates beat SGOV buy-and-hold (3.2% CAGR) on this window; 4 of 12 had a shallower maximum drawdown than holding (0.0%).

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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.