{"id":8270,"date":"2024-02-12T02:50:37","date_gmt":"2024-02-11T18:50:37","guid":{"rendered":"https:\/\/www.mpfdiy.com\/?p=8270"},"modified":"2024-02-12T02:54:28","modified_gmt":"2024-02-11T18:54:28","slug":"%e6%a7%93%e6%a1%bfetf%e7%9a%84%e5%88%a9%e5%bc%8a","status":"publish","type":"post","link":"https:\/\/www.mpfdiy.com\/2024\/02\/%e6%a7%93%e6%a1%bfetf%e7%9a%84%e5%88%a9%e5%bc%8a\/","title":{"rendered":"\u69d3\u687fETF\u7684\u5229\u5f0a"},"content":{"rendered":"
<\/p>\n
ETF \u61c9\u8a72\u5514\u99db\u591a\u4ecb\u7d39\uff0c\u6700\u591a\u9999\u6e2f\u4eba\u8a8d\u8b58\u7684\u6e2f\u80a1ETF \u4e00\u5b9a\u662f2800 \u76c8\u5bcc\u57fa\u91d1\uff0c\u662f\u7576\u5e74\u6e2f\u5e9c\u6258\u5e02\u6253\u5927\u9c77\u4e4b\u5f8c\uff0c\u5c07\u6210\u624b\u8ca8\u6253\u5305\u6210ETF \u8ce3\u51fa\u5e02\u5834\u800c\u6210\u3002<\/span><\/p>\n <\/p>\n \u591a\u5e74\u524d\u958b\u59cb\u51fa\u73fe\u69d3\u687fETF \u53ca\u53cd\u5411ETF, \u5169\u8005\u6210\u7acb\u4e4b\u521d\u90fd\u51fa\u73fe\u8207crypto ETF \u4e00\u6a23\u7684\u76e3\u7ba1\u6a5f\u69cb\u53cd\u5c0d\uff0c\u8a8d\u70ba\u592a\u8907\u96dc\u6703\u4ee4\u6563\u6236\u8aa4\u7528\uff0c\u6240\u4ee5\u641e\u5de6\u597d\u8010\u5148\u4ffe\u4f62\u4e0a\u5e02\u3002<\/span><\/p>\n <\/p>\n \u6307\u6578ETF \u8ddf\u8e2a\u6307\u6578\u5347\u8dcc\uff0c\u90a3\u9ebc\u69d3\u687fETF \u4fbf\u662f\u5347\u8dcc\u7684\u500d\u6578\uff1f\u6c92\u932f\uff0c\u4f46\u53ea\u662f\u7576\u65e5\uff0c\u56e0\u70ba\u69d3\u687fETF \u662f\u6bcf\u65e5re-base,\u00a0 \u5373\u662f\u92ea\u92ea\u6e05\u7121\u5f97\u7d2f\u7a4d\u3002<\/span><\/p>\n <\/p>\n \u6b64\u8a71\u4f55\u89e3\uff1f<\/span><\/p>\n <\/p>\n \u5047\u8a2d\u6709\u4e00\u65e5\uff0c\u6307\u6578\u7531100 \u5347\u4e0a110, \u6307\u6578ETF \u7684\u56de\u5831\u4fbf\u662f110\/100-1 = 10%,\u00a0 \u5982\u679c\u4e0b\u4e00\u5929\u6307\u6578\u7531110 \u4e0b\u8dcc\u81f3100, \u7576\u65e5\u56de\u5831\u4fbf\u662f100\/110-1= -9.09091%, \u6307\u6578ETF \u7684\u50f9\u683c\u8fd1\u4e4e\u6c92\u6709\u5347\u8dcc (\u9664\u4e00\u4e9b\u8ddf\u8e2a\u8aa4\u5dee\u53ca\u57fa\u91d1\u6536\u8cbb)\u3002<\/span><\/p>\n <\/p>\n \u4f46\u69d3\u687fETF \u5247\u4e0d\u540c\uff0c\u56e0\u70ba\u6bcf\u65e5re-base\uff0c\u6240\u4ee5\u5982\u679c\u662f2x ETF\uff0c\u7b2c\u4e00\u65e5\u7684\u56de\u5831\u662f2×10% = 20%\uff0c\u7b2c\u4e8c\u65e5\u7684\u56de\u5831\u662f2x -9.0909% = -18.182%\uff0c\u5169\u65e5\u5408\u8a08\u56de\u5831\u662f(1+20%) (1-18.182%) -1= -1.8182%\u3002<\/span><\/p>\n <\/p>\n \u53ef\u898b\u5373\u4f7f\u6307\u6578\u6709\u6ce2\u5e45\u7121\u5347\u5e45\uff0c\u6307\u6578ETF\u662f\u53ef\u4ee5\u6253\u548c\u96f6\u56de\u5831\uff0c\u4f46\u69d3\u687fETF \u5247\u662f\u8ca0\u56de\u5831<\/span>\u3002\u7576\u56de\u5831\u6ce2\u5e45\u8f03\u4f4e\uff0c\u4f8b\u5982\u6bcf\u65e5\u76f8\u540c\u56de\u5831\uff0c\u69d3\u687fETF \u7684\u56de\u5831\u4fbf\u53ef\u4ee5\u7b49\u65bc\u6240\u8a2d\u5b9a\u7684\u500d\u6578\uff1b\u4f46\u5982\u679c\u56de\u5831\u7684\u6ce2\u5e45\u6bd4\u8f03\u5927\uff0c\u69d3\u687fETF \u7684\u56de\u5831\u4fbf\u6703\u7e2e\u6c34\uff0c\u5c31\u662f\u6240\u8b02\u7684volatility drag,\u00a0 \u4ee4\u69d3\u687fETF \u9577\u9060\u6703\u8dd1\u8f38\u6240\u8a2d\u5b9a\u7684\u500d\u6578\uff0c\u66f4\u751a\u8005\uff0c\u662f\u6301\u8ca8\u6108\u8010\u6703\u8f38\u5f97\u6108\u591a<\/span>\uff0c\u898b\u4e0b\u5716QQQ \u8207TQQQ (3x QQQ) \u7684\u6bd4\u8f03\uff0c\u7d05\u7ddaQQQ\u56de\u5fa9\u6b63\u6578\u56de\u5831\u6642\uff0c\u85cd\u7ddaTQQQ\u4ecd\u662f-40%\uff1a<\/span><\/p>\n <\/p>\n <\/p>\n <\/a><\/p>\n <\/p>\n \u6240\u4ee5\uff0c\u69d3\u687fETF \u7684\u6700\u5927\u7f3a\u9ede\u662f\u56e0\u6ce2\u5e45\u800c\u5931\u53bb\u56de\u5831\uff0c\u6ce2\u5e45\u6108\u5927\uff0c\u56de\u5831\u6d41\u5931\u6108\u591a\uff0c\u7d0d\u6307\u7684\u6ce2\u5e45\u6bd4\u6a19\u666e500\u9ad8\uff0c\u4ee43x \u7d0d\u6307\u6bd4\u8d773x \u6a19\u666e500 \u7684\u56de\u5831\u6d41\u5931\u66f4\u591a<\/span>\u3002\u800c\u500b\u80a1\u7684\u6ce2\u5e45\u6bd4\u6307\u6578\u9ad8\uff0c\u6240\u4ee53x Tesla ETF<\/a> \u6bd4TQQQ \u7684\u56de\u5831\u6d41\u5931\u66f4\u591a\u3002<\/span><\/p>\n <\/p>\n <\/p>\n <\/a><\/p>\n <\/p>\n <\/p>\n \u518d\u52a0\u4e0a\u69d3\u687fETF \u80cc\u5f8c\u6709\u884d\u751f\u5de5\u5177\u98a8\u96aa\u53ca\u8f03\u9ad8\u6536\u8cbb\uff0c\u4ee4\u5f88\u591a\u4eba\u89ba\u5f97\u8207\u5176\u6301\u6709\u9019\u4e9b\u69d3\u687fETF\uff0c\u5012\u4e0d\u5982margine \u501f\u9322\u8cb7\u500d\u6578\u6b63\u80a11xETF\u3002<\/span><\/p>\n <\/p>\n \u53ef\u662f\uff0c\u69d3\u687fETF \u4e5f\u6709\u597d\u8655<\/span>\uff0c\u5c31\u662fre-base \u92ea\u92ea\u6e05\uff0c\u9019\u500b\u8a2d\u5b9a\uff0c\u4ee4\u69d3\u687fETF \u6bd4\u8d77\u501f\u9322\u8cb7\u6b63\u80a1\u66f4\u6709\u98a8\u96aa\u7ba1\u7406\u3002<\/span><\/p>\n <\/p>\n \u518d\u671b\u4e0b\u671bQQQ vs TQQQ \u7684\u5716\u8868\uff1a<\/span><\/p>\n <\/p>\n <\/a><\/p>\n <\/p>\n <\/p>\n 2022\u5e74\u5e74\u982d\u5982\u679c\u501f2\u4efd\u9322\u9023\u540c1\u4efd\u672c\u91d1\u8cb7\u4e09\u4efdQQQ \u7684\u8a71\uff0c\u7576\u5e7410\u6708\u4efdQQQ\u4e0b\u8dcc\u8d85\u904e33%\uff0c\u4fbf\u906d\u9047\u7206\u5009\uff0c\u8840\u672c\u7121\u6b78\u3002\u4f46\u540c\u671fTQQQ \u53ea\u4e0b\u8dcc 75%-80%,\u00a0 \u9084\u670920% \u63f8\u62ff\uff0c\u539f\u56e0\u662f\u69d3\u687fETF \u6bcf\u65e5re-base\uff0c\u539f\u7406\u4e0a\u53ea\u8981\u6b63\u80a1\u55ae\u65e5\u4e0d\u662f\u4e0b\u8dcc\u8d85\u904e33%\uff0c\u69d3\u687fETF\u4fbf\u4e0d\u6703\u6b78\u96f6\uff0c\u9ede\u90fd\u6709\u5572\u63f8\u62ff\u3002<\/span><\/p>\n <\/p>\n \u53e6\u5916\uff0c\u5982\u679c\u51fa\u73fe\u9577\u671f\u725b\u5e02\uff0c\u69d3\u687fETF \u6703\u6bd4\u500d\u6578\u501f\u9322\u8cb7\u6b63\u80a1\u8cfa\u5f97\u66f4\u591a\u3002<\/span><\/p>\n <\/p>\n <\/a><\/p>\n <\/p>\n <\/p>\n <\/p>\n \u6240\u4ee5\u69d3\u687fETF (\u53cd\u5411\u662f\u76f8\u540c\u9053\u7406) \u6709\u5229<\/span>\u4ea6\u6709\u5f0a<\/span>\uff0c\u53ea\u8981\u4e0d\u662f\u76f2\u76ee\u8a8d\u70ba3xETF \u5c31\u7b49\u65bc\u8cfa\u8755\u7686x3\uff0c\u800c\u662f\u8a8d\u8b58\u80cc\u5f8c\u7684\u539f\u7406\u53ca\u9069\u7528\u6642\u9593\u53ca\u7bc4\u570d\uff0c\u5148\u6c42\u77e5\u5f8c\u6295\u8cc7\uff0c\u4fbf\u6703\u5f97\u5fc3\u61c9\u624b\u3002<\/span><\/p>\n <\/p>\n <\/p>\n <\/p>\n \u5c0f\u7d50 :<\/span><\/strong><\/p>\n <\/p>\n \u69d3\u687f\u53ca\u53cd\u5411ETF \u5df2\u7d93\u958b\u59cb\u6210\u719f\uff0c\u5e02\u5834\u8a8d\u53d7\u6027\u53ca\u6d41\u52d5\u6027\u90fd\u6bd4\u5167\u5730\u50b5\u66f4\u597d\uff0c\u6240\u4ee5\u5176\u5be6MPF\u61c9\u8a72\u5f15\u5165\u53cd\u5411ETF\uff0c\u751a\u81f3\u69d3\u687fETF\uff0c\u4ee4\u6210\u4efd\u57fa\u91d1\u66f4\u591a\u5143\u5316\uff0c\u8d77\u78bc\u80a1\u50f9\u9f4a\u8dcc\u6642\u53ef\u4ee5\u4ffe\u4eba\u9b27\u5c11\u5572\u3002<\/span><\/p>\n <\/p>\n \u5982\u679cMPF\u6709\u53cd\u5411ETF\uff0c\u5c31\u5514\u4fc2\u7117\u4eba\u4e00\u5b9a\u8981\u8cb7\u5347!<\/span><\/p>\n <\/p>\n