VTI Backtest & Trading Dashboard

下方圖表比較了 VTI 的趨勢交易策略與其基準指數從 2001 年 6 月至 2025 年的累積報酬。藍線代表策略表現，紅線代表基準表現。

摘要：
以初始資金 $100 為基礎，該策略至 2025 年 4 月累積成長至 $754，而2001年6月持有不賣出僅達到 $445。這展現了該策略在長期投資表現上的明顯優勢。
在長期上漲的趨勢中，定期定額的績效會因為平均買入成本逐步墊高，導致其最終績效通常低於一開始就全額投入的長期持有方式。
然而，本策略的最終績效仍然超越了最一開始就持有的結果，因此也間接證明本策略優於定期定額。

The chart below compares the cumulative returns of the trend-trading strategy on VTI with its benchmark from 2001/06 to 2025. The blue line represents the strategy, and the red line is the benchmark.
Summary:
Based on an initial capital of $100, the strategy grew to $754 by April 2025, while simply holding the position since June 2001 would have only reached $445. This highlights the clear long-term performance advantage of the strategy.
In a long-term uptrend, the performance of dollar-cost averaging is gradually lifted as prices rise, but it still typically underperforms a full lump-sum investment made at the beginning.
However, this strategy still managed to outperform the initial buy-and-hold approach, which clearly demonstrates that it also outperforms dollar-cost averaging.