{"id":5610,"date":"2021-03-14T19:23:05","date_gmt":"2021-03-14T11:23:05","guid":{"rendered":"https:\/\/www.mpfdiy.com\/?p=5610"},"modified":"2021-03-24T21:39:41","modified_gmt":"2021-03-24T13:39:41","slug":"%e6%88%b0%e8%a1%93%e6%80%a7%e9%85%8d%e7%bd%aeetf7-deltashares","status":"publish","type":"post","link":"https:\/\/www.mpfdiy.com\/2021\/03\/%e6%88%b0%e8%a1%93%e6%80%a7%e9%85%8d%e7%bd%aeetf7-deltashares\/","title":{"rendered":"\u6230\u8853\u6027\u914d\u7f6eETF#7 – DeltaShares"},"content":{"rendered":"

\u6230\u8853\u6027\u914d\u7f6eETF#7 – DeltaShares<\/span><\/strong><\/span><\/h2>\n

 <\/p>\n

 <\/p>\n

\u5148\u8b80\u524d\u6587\uff1a<\/span><\/p>\n

 <\/p>\n

\u6230\u8853\u6027\u914d\u7f6eETF#1 \u2013 WIZ<\/a><\/span><\/p>\n

\u6230\u8853\u6027\u914d\u7f6eETF#2 \u2013 PWS<\/a><\/span><\/p>\n

\u6230\u8853\u6027\u914d\u7f6eETF#3 \u2013 ONOF<\/span><\/a><\/p>\n

\u6230\u8853\u6027\u914d\u7f6eETF#4 \u2013 RORO<\/span><\/a><\/p>\n

\u6230\u8853\u6027\u914d\u7f6eETF#5 – HTUS<\/span><\/a><\/p>\n

\u6230\u8853\u6027\u914d\u7f6eETF#6 – Target Drawdown<\/span><\/a><\/p>\n

 <\/p>\n

 <\/p>\n

\u4e4b\u524d\u5e7e\u96bbETF \u662f\u4ee5\u5224\u65b7\u80a1\u5e02\u5e02\u6cc1\uff0c\u4f5c\u70barisk on\/risk off<\/span> \u7684\u6307\u6a19\u3002\u6709\u4eba\u6703\u8a8d\u70barisk on \/risk off \u96e3\u4ee5\u6e96\u78ba\u5224\u65b7\uff0c\u800c\u4e14\u5404\u6295\u8cc7\u7269\u4ea6\u672a\u5fc5\u53ea\u9069\u5408\u67d0\u4e00\u500b\u6642\u6bb5\uff0c\u96e3\u9053risk on \u6642\u6bb5\u5167\u7684\u50b5\u5238\u5c31\u4e00\u5b9a\u662f\u5dee\u7684\u55ce\uff1f<\/span><\/p>\n

 <\/p>\n

\u65bc\u662f\uff0c\u9664\u4e86\u63a7\u5236drawdown<\/a>\u4e4b\u5916\uff0c\u4fbf\u51fa\u73fe\u4ee5\u63a7\u5236\u6ce2\u5e45\u70ba\u4e3b<\/span>\u7684\u6295\u8cc7\u7b56\u7565\uff0c\u800c\u672c\u6587\u8a0e\u8ad6\u5176\u4e2d\u4e00\u500b\u7cfb\u5217\uff0c\u53ebDeltaShares ETF<\/span> :<\/span><\/p>\n

 <\/p>\n

\"<\/a><\/p>\n

 <\/p>\n

 <\/p>\n

4\u5e74\u524d\u7684\u532f\u8c50\u5f37\u7a4d\u91d1\u4e09\u5834\u6d3b\u52d5\u4e2d<\/a>\uff0c\u7b46\u8005\u7279\u610f\u65bc\u6700\u5f8c\u4e00\u5834<\/a>\u52a0\u5165\u4e86target volatility \u8207\u6d3b\u52d5\u53c3\u8207\u8005\u5206\u4eab\uff0c\u898b\u6b64\u77ed\u7247<\/a>\u3002\u4e0d\u77e5\u5927\u5bb6\u9019\u5e7e\u5e74\u6709\u6c92\u6709\u904b\u7528\uff0c\u9084\u662f\u807d\u904e\u4fbf\u7b97\uff0c\u7e7c\u7e8cenjoy \u8655\u65bc\u6295\u8cc7\u521d\u54e5<\/a>\u72c0\u614b\u3002<\/span><\/p>\n

 <\/p>\n

DeltaShares ETF<\/a> \u904b\u7528 volatility target \u7684\u6982\u5ff5\uff0c\u4ee5\u8a08\u7b97\u6295\u8cc7\u7269\u7684volatility (\u6ce2\u5e45) \u53bb\u8abf\u6574\u5404\u6295\u8cc7\u7269\u7684\u914d\u7f6e\u6bd4\u4f8b\u3002DeltaShares \u662f\u904b\u7528S&P Managed Risk 2.0 Index \u53bb\u9032\u884c\u8a08\u7b97\uff0c\u8a08\u7b97\u65b9\u6cd5\u53ef\u898b\u6b64<\/a>\u3002\u5927\u9ad4\u6982\u5ff5\u662f\u4ee5\u63a7\u5236\u6574\u9ad4ETF \u4f4e\u65bc\u67d0\u4e00\u6ce2\u5e45\uff0c\u5373\u662f\u70baETF\u7684\u6ce2\u5e45\u8a2d\u4e0a\u9650(prospectus \u8aaa\u662f\u6309\u5e74\u6ce2\u5e4522%\uff0c\u5373\u6309\u6708\u6ce2\u5e456.35%)\uff0c\u7136\u5f8c\u53bb\u914d\u7f6e\u80a1\u50b5\u6bd4\u4f8b\u3002<\/span><\/p>\n

 <\/p>\n

\"<\/a><\/p>\n

 <\/p>\n

 <\/p>\n

\u4f8b\u5982\u4e0a\u9650\u6ce2\u5e45\u70ba22%\uff0c\u800c\u7576\u4e0b\u7684\u80a1\u7968\u7684\u6ce2\u5e45\u70ba44%\u7684\u8a71\uff0c\u4fbf\u8abf\u4f4e\u80a1\u7968\u4f54ETF \u7684\u8cc7\u7522\u6bd4\u4f8b\u81f3\u4f4e\u65bc\u4e00\u534a\uff0c\u4ee4ETF \u6574\u9ad4\u7684\u6ce2\u5e45\u4e0d\u904e\u5927\u65bc\u4e0a\u965022%\u3002(\u9019\u985e\u7b56\u7565\u8207risk parity<\/span> \u4e0d\u540c\uff0c\u4e0b\u6587\u518d\u8a73\u8ac7)\u3002<\/span><\/p>\n

 <\/p>\n

 <\/p>\n

\u7531\u65bc\u662f\u7531S&P \u63d0\u4f9b\u8a08\u7b97\u7684\u95dc\u4fc2\uff0c\u8a08\u7b97\u5167\u5bb9\u6703\u5927\u91cf\u904b\u7528S&P indices \u5167\u7684\u5404\u7a2e\u6578\u64da\uff0c\u666e\u901a\u4eba\u96e3\u4ee5\u8907\u88fd\u3002\u4f46\u6211\u7b49\u6563\u6236\u53ea\u662f\u5438\u6536\u5b83\u7684target volatility \u8a08\u7b97\u65b9\u6cd5\uff0c\u5373\u662f\u5c07\u80a1\u7968\u53ca\u50b5\u5238\u6309\u6ce2\u5e45\u8a08\u7b97\u7d50\u679c\uff0c\u7136\u5f8c\u9032\u884c\u914d\u7f6e\uff0c\u5be6\u969b\u8a08\u7b97\u7d50\u679c\u7531ETF \u7684\u6301\u6709\u7269\u516c\u5831<\/a>\u4fbf\u76f4\u63a5\u53ef\u77e5\u3002<\/span><\/p>\n

 <\/p>\n

\u81eaETF \u6210\u7acb\u4ee5\u4f86\u7684\u80a1\u50b5\u914d\u7f6e\u6bd4\u4f8b\u5982\u4e0b\uff0c\u5c24\u5176\u770b\u770b2020\u5e743\u6708\u7194\u65b7\u6642\u671f\u7684\u914d\u7f6e\u6bd4\u4f8b\uff1a<\/span><\/p>\n

 <\/p>\n

\"<\/a><\/p>\n

 <\/p>\n

\u9019\u985etarget volatility \u7684\u914d\u7f6e\u6982\u5ff5\u662f\u7576\u80a1\u7968\u7684\u6ce2\u5e45\u5927\u589e\u6642\uff0c\u4fbf\u6703\u964d\u4f4e\u80a1\u7968\u6301\u6709\u6bd4\u4f8b\uff0c\u5206\u914d\u591a\u4e9b\u53bb\u50b5\u5238\u3002<\/span><\/p>\n

 <\/p>\n

\u9664\u4e86\u7d14\u7cb9\u4ee5\u6ce2\u5e45\u505a\u914d\u7f6e\u4e4b\u5916\uff0cDeltaShares \u4ea6\u6703\u53c3\u8003risk on \/ risk off \u7684\u505a\u6cd5\uff0c\u6309\u50b5\u5238\u7684\u5e02\u6cc1\u53bb\u8abf\u6574\u80a1\u50b5\u6bd4\u4f8b\uff0cprospectus \u5217\u51fa\u4e863\u7a2e\u60c5\u6cc1\uff0c\u5c31\u662f\u7576\u50b5\u5238\u66a2\u65fa\u6642\uff0c\u591a\u6301\u6709\u50b5\u5238\u800c\u5c11\u6301\u6709\u80a1\u7968\u3002<\/span><\/p>\n

 <\/p>\n

DeltaShares \u7684prospectus<\/a> \u5167\u8aaa\u51fa\u4e86\u53e6\u4e00\u9805\u6230\u8853\u6027\u8a2d\u5b9a\uff0c\u5c31\u662f\u7528moving average<\/span> \u3002\u9019\u500b\u7b2c5\u62db\u7684\u6280\u5de7\uff0c\u4e0d\u65b7\u51fa\u73fe\u65bc\u5404\u5f0f\u5404\u6a23\u7684TAA \u4e4b\u4e2d\u3002\u5728\u672c\u6587\u4e3b\u89d2\u7684DeltaShares \u5167\uff0c\u70ba\u4e86\u9632\u6b62\u80a1\u7968\u5728\u8dcc\u5e02\u6642\u671f\u51fa\u73fe\u4f4e\u5e45\u7684\u60c5\u6cc1\uff0c\u800c\u56e0\u70ba\u4f4e\u6ce2\u5e45\u7684\u800c\u51fa\u73fe\u5074\u91cd\u80a1\u7968\u7684\u914d\u7f6e\uff0c\u65bc\u662f\u90fd\u5f15\u5165\u4e86\u80a1\u50f9\u8207\u5176moving average \u7684\u6bd4\u7387\u4f5c\u70ba\u5224\u5b9a\uff0c\u5373\u4f7f\u662f\u80a1\u7968\u51fa\u73fe\u4e86\u4f4e\u6ce2\u5e45\uff0c\u4f46\u662f\u8dcc\u5e02\u7684trend \u4e0b\uff0c\u80a1\u7968\u7684\u914d\u7f6e\u6bd4\u4f8b\u4ecd\u6703\u88ab\u8abf\u4f4e\u3002<\/span><\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

\"<\/a><\/p>\n

 <\/p>\n

 <\/p>\n

\u5c0f\u7d50\uff1a<\/span><\/strong><\/span><\/p>\n

 <\/p>\n

\u63a7\u5236 volatility \u4ee5\u5f80\u5c6c\u65bc\u9ad8\u7b49\u6280\u5de7\uff0c\u7531\u9ad8\u7522\u503c\u4eba\u4ed5\u6240\u4eab\u6709\uff0c\u898b\u8cc7\u7522\u7ba1\u7406\u516c\u53f8\u5c08\u70ba\u5ba2\u6236\u800c\u8a2d\u7684\u670d\u52d9(https:\/\/investresolve.com\/strategies\/resolve-aaa-usd-8-volatility-target-levered\/<\/a>) \u3002<\/span><\/p>\n

 <\/p>\n

\u9019\u4e9b\u65b0\u5f0f\u6295\u8cc7\u7b56\u7565\u4e4b\u6240\u4ee5\u672a\u6709\u6d41\u5165\u6c11\u9593\u6563\u6236\uff0c\u539f\u56e0\u4e4b\u4e00\u662f\u65bc\u76e3\u7ba1\u6a5f\u69cb\u53ca\u8ca1\u7d93\u7cbe\u82f1\u7684\u773c\u4e2d\uff0c\u6c11\u9593\u6563\u6236\u8ca1\u52d9\u667a\u5546\u4f4e\uff0c\u5201\u6c11\u53c8\u7fd2\u6163\u8f38\u6253\u8d0f\u8981\u3002\u5c07\u9019\u4e9b\u9ad8\u7b49\u6295\u8cc7\u7b56\u7565\u843d\u5165\u6c11\u9593\uff0c\u662f\u5f0a\u591a\u65bc\u5229\u3002\u65bc\u662f\u5be6\u884c\u611a\u6c11\u653f\u7b56\uff0c\u8b93\u6563\u6236\u7e7c\u7e8c\u4eab\u53d7\u8655\u65bc\u521d\u54e5<\/a>\u7684\u72c0\u614b\u3002<\/span><\/p>\n

 <\/p>\n

\u5076\u800c\u5411\u6563\u6236\u767c\u4f48\u4e00\u4e0b\u67d0\u67d0\u4eba\u56e0\u8cb7\u8ce3\u671f\u6b0a\u800c\u7834\u7522\uff0c\u67d0\u67d0\u4eba\u7528\u69d3\u687f\u8755\u5149\u7562\u8eab\u7a4d\u84c4\uff0c\u5df2\u7d93\u80fd\u5920\u5c07\u521d\u54e5<\/a>\u7684\u96c4\u5fc3\u58ef\u5fd7\u6e05\u96f6\u3002\u9019\u4e9b\u300c\u65b0\u4e8b\u7269\u7b49\u65bc\u5371\u96aa\u300d\u3001\u300c\u7a69\u5b9a\u52dd\u65bc\u4e00\u5207\u300d<\/span>\u7684\u5c01\u5efa\u601d\u7dad\uff0c\u591a\u5e74\u4f86\u7531\u4e0d\u5efa\u5168\u7684\u6295\u8cc7\u8005\u6559\u80b2\u6ef2\u900f\u5165\u9999\u6e2f\u6563\u6236\u7684\u8166\u888b\uff1b\u5728\u5c01\u5efa\u7684\u6295\u8cc7\u8005\u6559\u80b2\u5236\u5ea6\u4e0b\uff0c\u57f9\u990a\u51fa\u4f86\u7684\u9999\u6e2f\u6563\u6236\u53ea\u6703\u662f\u4e00\u73ed\u6c92\u6709\u6279\u5224\u6027\u601d\u7dad\u7684\u8ddf\u98a8\u7f8a\u7fa4\uff0c\u552f\u5229\u662f\u5716\uff0c\u59d4\u904e\u65bc\u4eba\u3002<\/span><\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

\u5f8c\u8a18 \uff11\uff1a\u6563\u6236<\/span><\/strong><\/span><\/p>\n

 <\/p>\n

\u7b46\u8005\u4ea6\u662f\u5201\u6c11\u6563\u6236\u4e4b\u4e00\uff0c\u4f46\u4e0d\u7518\u65bc\u4f3c\u662f\u800c\u975e\u7684\u5e73\u5747<\/a>\u6210\u672c<\/a>\u6cd5<\/a>\u8207\u53ca\u4e0a\u53e4\u6642\u4ee3\u7684market cap ETF\uff0c\u4ee5DIY\u7684\u7cbe\u795e<\/a>\u4e0d\u65b7\u63a2\u7d22<\/a>\u53ca\u601d\u8003<\/a>\u3002\u4f46\u9858\u672c\u7ad9\u6216\u672c\u6587\u7684\u8b80\u8005\u80fd\u505a\u500b\u771f\u771f\u6b63\u6b63\u7684\u6295\u8cc7\u8005\uff0c\u62b1\u6301\u4e0d\u65b7\u5c0b\u6c42\u5b78\u554f\u7684\u5fc3\u614b\uff0c\u4ee5\u958b\u653e\u6027\u7684\u5fc3\u61f7\u53bb\u5438\u6536\u65b0\u4e8b\u7269\uff1b\u800c\u4e0d\u662f\u9762\u5c0d\u6295\u8cc7\u7b56\u7565\u9700\u8981\u8a08\u5c11\u5c11\u52a0\u6e1b\u4e58\u9664\u5df2\u7d93\u8a8d\u70ba\u5f88\u56f0\u96e3\uff0c\u807d\u4e00\u4e9b\u8981\u52d5\u8166\u7b4b\u7684\u65b0\u77e5\u8b58\u5df2\u7d93\u60f3\u6b7b\u3002<\/span><\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

\u5f8c\u8a18 \uff12\uff1a\u9ad8\u4eba<\/span><\/strong><\/span><\/p>\n

 <\/p>\n

\u7b46\u8005\u61c9\u8a72\u4e0d\u662f\u6295\u8cc7\u9ad8\u4eba\uff0c\u56e0\u70ba\u9999\u6e2f\u7684\u6295\u8cc7\u9ad8\u4eba\u4e00\u5b9a\u8981\u958b\u3010\u7812\u5e8a\u3011\u624d\u80fd\u7a81\u51fa\u5176\u50f9\u503c\u3002\u4e0d\u904e\uff0c\u73fe\u6642\u3010\u7812\u5e8a\u3011\u5167\u6295\u8cc7\u9ad8\u4eba\u8207\u4ed8\u8cbb\u5584\u773e\u7684\u4eba\u7269\u95dc\u4fc2\uff0c\u9817\u50cf\u7b46\u8005\u5e74\u5e7c\u6642\u76ee\u7779\u6295\u6ce8\u7ad9\u9580\u5916\u8ce3\u516d\u5408\u5f69\u7968\u7684\u60c5\u6cc1\u3002\u90a3\u500b\u5e74\u4ee3\u4eba\u4eba\u5e7b\u60f3\u8ced\u535a\u81f4\u5bcc\uff0c\u4f46\u6563\u6236\u521d\u54e5\u9023\u586b\u516d\u5408\u5f69\u865f\u78bc\u90fd\u8981\u4eba\u5e6b\uff0c\u65bc\u662f\u6295\u6ce8\u7ad9\u9580\u5916\u7adf\u7136\u6709\u8857\u982d\u9ad8\u4eba\u51fa\u552e\u5df2\u586b\u597d\u865f\u78bc\u7684\u516d\u5408\u5f69\u7968(\u53ef\u80fd\u81ea\u5df1\u5df2\u7d93\u8cfa\u5920\u4e86\uff0c\u5c07\u90a3\u4e9b\u6703\u4e2d\u734e\u7684\u5f69\u7968\u8ce3\u7d66\u5225\u4eba)\uff0c\u6709\u4e9b\u8857\u982d\u9ad8\u4eba\u66f4\u7528\u73a9\u5177\u652a\u73e0\u6a5f\uff0c\u5373\u5834\u652a\u51fa\u865f\u78bc\u7d66\u4ed8\u8cbb\u5584\u773e\u7167\u8ddf\uff1b\u9019\u8207\u73fe\u6642\u3010\u7812\u5e8a\u3011\u5167\u6295\u8cc7\u9ad8\u4eba\u7684\u6295\u8cc7\u7d44\u5408show\u4ffe\u4f60\u7747\uff0c\u65e5\u65e5\u652a\u51fa\u865f\u78bc\u7d66\u4ed8\u8cbb\u5584\u773e\u7167\u8ddf\uff0c\u540c\u51fa\u4e00\u8f4d\u3002<\/span><\/p>\n

 <\/p>\n

\u6a4b\u5514\u6015\u820a\uff0c\u6700\u7dca\u8981….<\/span><\/p>\n

 <\/p>\n

\"<\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

\u5ef6\u4f38\u95b1\u8b80\uff1a<\/span><\/strong><\/span><\/p>\n

 <\/p>\n

\u4e00\u96bb\u52a0\u62ff\u5927\u7684ETF : <\/span>RESOLVE ADAPTIVE ASSET ALLOCATION ETF (\u4ee3\u865f: <\/span>HRAA)\uff0c\u5927\u5bb6\u5f9e\u5b83\u7684prospectus\u53bb\u767c\u6398\u4e00\u4e0b\u5b83\u7684target volatility\u662f\u591a\u5c11\uff1f\u8207DeltaShares\u7684\u6bd4\u8f03\u8ab0\u9ad8\u8ab0\u4f4e\uff1f\u90a3\u96bb\u8207\u81ea\u5df1\u7684\u98a8\u96aa\u627f\u53d7\u80fd\u529b\u63a5\u8fd1\uff1f<\/span><\/p>\n

https:\/\/www.horizonsetfs.com\/ETF\/HRA#<\/span><\/a><\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

\u4e0b\u6587\u7e8c<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u6230\u8853\u6027\u914d\u7f6eETF#7 – DeltaShares     \u5148\u8b80\u524d\u6587\uff1a &nbs…<\/p>\n","protected":false},"author":1,"featured_media":5622,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[1],"tags":[54,48,7,25,40,23],"class_list":["post-5610","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1","tag-position-sizing","tag-48","tag-7","tag-25","tag-40","tag-23"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.mpfdiy.com\/wp-content\/uploads\/2021\/02\/DeltaShares3.jpg?fit=1200%2C655&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p7Tc20-1su","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/posts\/5610","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/comments?post=5610"}],"version-history":[{"count":5,"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/posts\/5610\/revisions"}],"predecessor-version":[{"id":5710,"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/posts\/5610\/revisions\/5710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/media\/5622"}],"wp:attachment":[{"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/media?parent=5610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/categories?post=5610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/tags?post=5610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}