LearnStrategies › Golden Cross (SMA 50/200)

Golden Cross (SMA 50/200)

Hold while the 50-day average is above the 200-day; step aside when it crosses below (the death cross).

Across 59 ETFs (2021-01-04 → 2026-07-17): median CAGR 2.4%, median max drawdown 21.1%, and it beat buy-and-hold of the same ETF in 26 of 59 cases (44%). Same rules, same engine, every ETF.

The rules

  1. WHEN the market opens · IF not invested AND SMA(50) > SMA(200) · THEN buy with 98% of the sleeve
  2. WHEN the market opens · IF invested AND SMA(50) < SMA(200) · THEN sell the whole position

The most famous trend filter in markets. When the 50-day simple moving average sits above the 200-day, the asset is in a long-term uptrend and the strategy holds; when it crosses below, the strategy moves to cash. It trades rarely — a handful of signals per decade on an index — and its value is skipping the deepest bear markets, not beating every rally.

Good for: long-horizon investors who want to hold trends but sidestep multi-year bear markets.
Watch out: crosses lag badly at turning points — the strategy always gives back the first leg of a crash and misses the first leg of a recovery; choppy sideways markets whipsaw it.

Run golden cross yourself — free →

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.

Results on every ETF

ETFCAGRbuy & holdmax DDSharpetradeswin rate
SOXL 43.0% 30.2% −61.7% 0.863 67%
SOXX 26.7% 29.6% −24.7% 1.003 100%
CLSE 18.1% 20.1% −16.2% 1.502 100%
XLK 13.3% 20.2% −19.5% 0.792 50%
QQQM 12.9% 15.8% −22.4% 0.842 50%
QQQ 12.6% 15.8% −22.3% 0.832 50%
SPUU 12.5% 22.0% −34.7% 0.623 67%
VOX 12.0% 9.2% −20.9% 0.882 50%
IOO 11.9% 16.4% −18.8% 0.952 100%
IAU 11.2% 13.6% −25.9% 0.764 50%
QLD 9.8% 21.6% −39.9% 0.473 67%
VOO 8.4% 14.3% −18.1% 0.742 50%
SPY 8.4% 14.4% −18.2% 0.742 50%
SSO 8.1% 21.5% −36.0% 0.462 50%
VV 8.0% 13.9% −18.7% 0.702 50%
VOOG 8.0% 14.9% −21.8% 0.593 67%
ROM 7.9% 26.1% −35.1% 0.403 33%
TBF 7.1% 11.0% −17.5% 0.594 75%
VOOV 7.1% 13.2% −17.0% 0.682 50%
EEM 6.8% 5.6% −20.6% 0.532 50%
QQQE 6.5% 9.4% −21.0% 0.522 50%
VTV 5.2% 13.9% −17.7% 0.523 67%
XLF 4.6% 14.1% −17.9% 0.404 25%
QAI 4.3% 3.9% −7.6% 0.901 100%
TECL 4.2% 31.9% −51.6% 0.344 25%
TQQQ 4.1% 22.3% −54.9% 0.313 67%
USDU 3.6% 5.1% −8.3% 0.672 100%
SGOV 3.2% 3.2% −0.0% 13.620
XLP 3.0% 7.0% −14.3% 0.333 67%
ALTY 2.4% 8.7% −13.1% 0.363 33%
RINF 2.1% 6.6% −13.3% 0.254 50%
IGIB 1.9% 0.9% −5.6% 0.482 50%
IWM 1.8% 8.5% −31.1% 0.204 25%
XLY 1.5% 7.3% −25.6% 0.174 75%
CTA 1.5% 7.2% −20.1% 0.184 25%
IEI 1.1% 0.0% −5.5% 0.402 50%
AGG 0.9% −0.3% −7.2% 0.263 33%
BND 0.9% −0.3% −6.9% 0.253 33%
EEV 0.9% −14.5% −45.9% 0.153 33%
FXE 0.4% −0.7% −8.8% 0.114 50%
KMLM 0.2% 6.0% −25.8% 0.073 33%
IEF −0.3% −1.6% −8.5% -0.054 50%
UDN −1.1% −1.0% −11.1% -0.223 33%
VXZ −1.2% −13.9% −19.9% 0.003 33%
VIXM −1.9% −14.9% −24.8% -0.043 33%
UST −2.2% −7.3% −21.1% -0.285 40%
SDS −2.4% −22.1% −33.2% -0.042 50%
SH −2.4% −9.9% −28.6% -0.176 33%
TLT −2.4% −7.3% −20.0% -0.295 0%
FAS −3.5% 22.9% −49.0% 0.105 20%
SPDN −3.5% −9.7% −33.1% -0.284 25%
PSQ −4.5% −13.2% −34.8% -0.243 33%
QID −6.2% −28.9% −48.3% -0.122 0%
REW −6.9% −33.6% −58.4% -0.082 50%
SOXS −7.3% −30.5% −51.8% -0.221 0%
SQQQ −7.5% −30.9% −49.9% -0.063 33%
TMF −8.8% −30.7% −50.4% -0.524 0%
UVXY −10.2% −38.0% −50.5% -0.531 0%
TECS −17.2% −21.8% −71.2% -0.503 0%

Frequently asked questions

What is the golden cross strategy?

Hold while the 50-day average is above the 200-day; step aside when it crosses below (the death cross). The most famous trend filter in markets. When the 50-day simple moving average sits above the 200-day, the asset is in a long-term uptrend and the strategy holds; when it crosses below, the strategy moves to cash. It trades rarely — a handful of signals per decade on an index — and its value is skipping the deepest bear markets, not beating every rally.

Does golden cross beat buy-and-hold?

Across 59 ETFs backtested 2021-01-04–2026-07-17, it beat same-ETF buy-and-hold on 26 of 59 (44%). Median CAGR was 2.4% with a median max drawdown of 21.1%. Per-ETF results vary widely — see the table.

How often does a golden cross happen?

On a broad index, roughly every couple of years. The backtest pages show the exact trade count for each ETF over the 2021–2026 window.

Golden cross vs buy and hold — which wins?

It depends on the asset and the window; every backtest page here shows the same-window buy-and-hold comparison so you can see rather than guess.

Compare with other strategies

golden cross vs RSI mean reversionhead-to-head on 59 ETFsgolden cross vs RSI(2) snapbackhead-to-head on 59 ETFsgolden cross vs SMA 10/50 trendhead-to-head on 59 ETFsgolden cross vs EMA 12/26 trendhead-to-head on 59 ETFsgolden cross vs 200-day regime filterhead-to-head on 59 ETFsgolden cross vs weekly 7% targethead-to-head on 59 ETFs

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.