市值超過十億美金的100檔ETFs－分類與績效比較＠ USA Stock

2009年6月18日

【美國主要指數ETFs】

Fund Name	Ticker	Category	Net Assets	Expense Ratio	Annual Turnover Ratio	Inception Date
SPDRs	SPY	Large Blend	63.69B	0.09%	4.56%	29-Jan-93
iShares S&P 500 Index	IVV	Large Blend	17.69B	0.09%	4.00%	15-May-00
Vanguard Total Stock Market ETF	VTI	Large Blend	10.16B	0.07%	5.00%	24-May-01
PowerShares QQQ	QQQQ	Large Growth	13.36B	0.20%	10.00%	10-Mar-99
DIAMONDS Trust, Series 1	DIA	Large Value	7.18B	0.17%	11.27%	13-Jan-98

除了QQQQ，其餘表現差異不大。

【美國大中小型市場ETFs】

牛市的時候中型股表現最好，小型股次之，大型股最差。

【非美&新興市場ETFs】

Fund Name	Ticker	Category	Net Assets	Expense Ratio	Annual Turnover Ratio	Inception Date
iShares MSCI EAFE Index	EFA	Foreign Large Blend	30.20B	0.34%	12.00%	14-Aug-01
iShares MSCI EAFE Value Index	EFV	Foreign Large Value	1.04B	0.40%	28.00%	1-Aug-05
Vanguard FTSE All-World ex-US ETF	VEU	Foreign Large Blend	3.07B	0.20%	7.00%	2-Mar-07
iShares MSCI Emerging Markets Index	EEM	Diversified Emerging Mkts	30.79B	0.72%	11.00%	7-Apr-03
Vanguard Emerging Markets Stock ETF	VWO	Diversified Emerging Mkts	8.80B	0.20%	20.00%	4-Mar-05

新興市場表現比全球非美市場好，而歐澳遠東市場最差。

【歐亞洲市場ETFs】

太平洋亞洲國家表現比歐洲好。

【獨立國家市場ETFs】

Fund Name	Ticker	Category	Net Assets	Expense Ratio	Annual Turnover Ratio	Inception Date
iShares MSCI Japan Index	EWJ	Japan Stock	5.33B	0.52%	4.00%	12-Mar-96
iShares FTSE/Xinhua China 25 Index	FXI	Pacific/Asia ex-Japan Stk	9.29B	0.74%	24.00%	5-Oct-04
iShares MSCI Taiwan Index	EWT	Pacific/Asia ex-Japan Stk	2.80B	0.73%	33.00%	20-Jun-00
iShares MSCI South Korea Index	EWY	Pacific/Asia ex-Japan Stk	1.87B	0.63%	42.00%	9-May-00
iShares MSCI Hong Kong Index	EWH	Pacific/Asia ex-Japan Stk	1.74B	0.52%	17.00%	12-Mar-96
iShares MSCI Canada Index	EWC	Foreign Large Value	1.75B	0.52%	11.00%	12-Mar-96
iShares MSCI Brazil Index	EWZ	Latin America Stock	8.42B	0.63%	30.00%	10-Jul-00
iShares S&P Latin America 40 Index	ILF	Latin America Stock	1.77B	0.50%	4.00%	25-Oct-01

巴西表現最好，拉丁美洲次之，

亞洲地區則是中國表現最好，

其次依序是韓國、香港、台灣和日本。

【債券ETFs】

Fund Name	Ticker	Category	Net Assets	Expense Ratio	Annual Turnover Ratio	Inception Date
iShares Barclays TIPS Bond	TIP		13.19B	0.20%	10.00%	4-Dec-03
iShares Barclays 7-10 Year Treasury	IEF	Long Government	2.56B	0.15%	38.00%	22-Jul-02
iShares Barclays 20+ Year Treas Bond	TLT	Long Government	2.05B	0.15%	41.00%	22-Jul-02
iShares iBoxx $ Invest Grade Corp Bond	LQD	Long-Term Bond	11.48B	0.15%	48.00%	22-Jul-02
iShares Barclays Intermediate Credit Bond	CIU	Intermediate-Term Bond	1.13B	0.20%	19.00%	5-Jan-07
Vanguard Total Bond Market ETF	BND	Intermediate-Term Bond	4.29B	0.10%	61.00%	3-Apr-07
Vanguard Short-Term Bond ETF	BSV	Short-Term Bond	1.73B	0.10%	101.00%	3-Apr-07
iShares Barclays 1-3 Year Credit Bond	CSJ	Short-Term Bond	2.05B	0.20%	67.00%	5-Jan-07
iShares Barclays 1-3 Year Treasury Bond	SHY	Short Government	7.06B	0.15%	37.00%	22-Jul-02
iShares iBoxx $ High Yield Corporate Bd	HYG	High Yield Bond	3.12B	0.50%	27.00%	4-Apr-07
SPDR Barclays Capital High Yield Bond	JNK	High Yield Bond	1.62B	0.40%	19.00%	28-Nov-07

長期債券表現最好，高收益債券表現最差，中短期債券和抗通膨債券都很穩定。

長期債券的比較，TLT表現最好。

中期債券的比較，BND表較好。

長期債券的比較，SHY最穩定。

【能源礦物商品ETFs】

Fund Name	Ticker	Category	Net Assets	Expense Ratio	Annual Turnover Ratio	Inception Date
SPDR Gold Shares	GLD	Specialty-Precious Metals	35.08B	0.40%	0.00%	18-Nov-04
Energy Select Sector SPDR	XLE	Specialty-Natural Res	4.49B	0.22%	7.00%	16-Dec-98
United States Oil	USO	Specialty-Natural Res	2.80B	0.45%	0.00%	10-Apr-06
United States Natural Gas	UNG	Specialty-Natural Res	2.19B	0.60%	0.00%	18-Apr-07
PowerShares DB Commodity Index Tracking	DBC	Specialty-Natural Res	2.62B	0.75%	0.00%	3-Feb-06
PowerShares DB Agriculture	DBA	Specialty-Natural Res	2.37B	0.75%	0.00%	5-Jan-07

黃金表現最好也最穩定，

其次依序是農產品、商品、石油，

最差的是天然氣。

2009.06.18

USA Stock