Trade-offs in cost, yield, and portfolio allocation differentiate these two popular ETFs.Invesco QQQ Trust, Series 1 (QQQ +1.30%) and the SPDR S&P 500 ETF Trust (SPY +0.91%) are two of the most widely traded exchange-traded funds in the U.S., each tracking a different major index. QQQ focuses on the NASDAQ-100, which skews toward technology and growth companies, while SPY mirrors the S&P 500, offering exposure to all eleven sectors. Here is how they stack up on cost, returns, and risk.Snapshot (cost & size) ...

At the CEF/ETF Income Laboratory , we manage ~8%-yielding closed-end fund ( CEF ) and exchange-traded fund (ETF) portfolios to make income investing easy for you. Check out what our members have to say about our service.The iShares 20+ Year Treasury Bond Buywrite Strategy ETF (BATS: TLTW ) has been one of the best-performing bond ETFs of the year, with total returns of 11.6% YTD, 7.5% since I last covered the fund . ReturnsJuan de la Hoz has worked as a fixed income trader, financial analyst, operations ana ...

文章核心观点 - 文章对比了两只专注于美国科技行业的交易所交易基金：State Street Technology Select Sector SPDR ETF (XLK) 和 Fidelity MSCI Information Technology Index ETF (FTEC) 两者在投资目标、费用和核心持仓上高度相似，但在投资组合广度、资产规模、流动性和持股集中度方面存在关键差异 [4][5][6][9] 基金概况与持仓结构 - XLK追踪标普500指数中的科技板块，持有70家公司，持仓高度集中于巨头，其前三大持仓英伟达、苹果和微软合计占资产超过三分之一 [2] - FTEC覆盖更广泛的美国科技公司，持有294只证券，包含一些标普500指数以外的小型公司，提供了额外的多元化 [1][7] - 两只基金的前三大持仓均为英伟达、微软和苹果，但各自权重不同，FTEC中英伟达权重更高，而微软和苹果的个体权重较低 [1] - 两只基金的行业敞口几乎完全相同 [1] 财务表现与成本 - 两只基金的费用率相同，均为0.08%，成本差异可忽略不计 [3][6] - XLK的过去一年总回报率略高于FTEC，股息收益率也略高 [3] - XLK的资产管理规模远大于FTEC，达到956亿美元，而FTEC为166亿美元 [8] - XLK拥有27年的历史记录，是现存最古老的行业ETF之一，其庞大的资产规模使其成为流动性最高的科技基金之一 [2][5] 主要差异与投资者考量 - 主要差异体现在投资组合广度、资产管理规模和流动性上 [4][5] - FTEC持有近300只证券，是XLK（70只）的4倍多，提供了更广泛的多元化 [7] - XLK凭借其显著更高的资产管理规模，在流动性方面具有轻微优势 [5][8] - 对于关注费用的投资者而言，收益率和流动性是主要的区分因素 [3] - 尽管存在差异，但对于长期看好科技行业增长的投资者而言，任何一只基金都是可靠的投资工具 [9]

Signs point to the market continuing to rally next year.Despite all the chatter about the stock market being overheated, the bull market just surpassed its third anniversary. History, meanwhile, gives a clear picture of what will happen next.According to data compiled by Carson Group, every bull market over the past 50 years that has made it to three years has continued until at least five years. There have been five bull markets in that span, with the shortest fizzling out after five years and the longest ...

The evolution of the exchange-traded fund (ETF) brought innovative products to the fixed income marketplace. These don't just cater to buy-and-hold investors fixated on the long-term investment horizon. Ultra-short term bond funds appeal to investors looking to use the ETF wrapper to fulfill short-term cash obligations. It's what Morningstar's head of client solutions Ben Johnson referred to as "money market substitutes†in a recent episode of ETF Prime. In the same episode, Johnson picked the Vanguard 0-3 M ...

12月19日，港股开盘向好，恒指高开0.53%，国企指数高开0.58%，恒生科技指数高开0.81%。热门ETF 方面，恒生ETF（159920）、恒生国企ETF（159850）早盘持续攀升，现均涨超1%。 消息面上，美国11月核心CPI同比上涨2.6%，创2021年以来新低。通胀超预期放缓，强化了市场对美联 储明年降息的预期。交易员目前普遍预计2026年将降息两次、共50个基点，其中3月启动降息的概率已 大幅提升。 中信建投认为，从大周期看，港股本轮牛市"已行至中段位置"。流动性周期自2023年全球央行开启降息 后持续领先，估值水平在修复后已达历史中上分位，恒生指数PE在10-11之间震荡。然而，港股"处于盈 利修复启动初期"——港股整体的盈利修复斜率预计较为平缓，目前主要的盈利修复集中在结构性景气 板块，整个港股盈利修复仍处于早期启动阶段。 值得关注的标的： 港股核心宽基：恒生ETF（159920）； AI+平台经济：恒生科技指数ETF（513180）； 聚焦港股中国企业发展：恒生国企ETF（159850）。 ...

The U.S. launch of spot exchange-traded funds (ETFs) linked to the two leading cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), in 2024 marked a watershed moment in the short history of digital assets. An asset, once ignored and derided by the traditional finance industry, found support among the leading Wall Street giants like BlackRock (NYSE: BLK) and Franklin Templeton (NYSE: BEN). Related: Wall Street firm files new Bitcoin ETF that trades only after dark The retail traders gave a terrific recepti ...

文章核心观点 - 文章介绍了YieldMax Universe Fund of Option Income ETF (YMAX) 该基金通过投资于其他专注于单一股票的YieldMax基金 向投资者提供高额的每周派息 [2] - 文章作者Nick Ackerman及其所属的CEF/ETF Income Laboratory团队 提供封闭式基金和交易所交易基金的研究与管理服务 其管理的投资组合目标为安全可靠的8%以上收益率 [1][2] 相关服务与团队 - CEF/ETF Income Laboratory 提供封闭式基金和交易所交易基金的投资组合管理 目标收益率为安全可靠的约8% [1] - 该服务提供可操作的收入和套利策略建议 对封闭式基金和交易所交易基金进行深入分析 并拥有一个超过一千名会员的社区 [2] - 该团队由Stanford Chemist、Nick Ackerman、Juan de la Hoz和Dividend Seeker组成 旨在通过专业研究帮助会员从封闭式基金和交易所交易基金的收益及套利策略中获益 [2] - 其服务面向主动和被动投资者 且其大部分持仓为月度派息产品 有助于加速复利和稳定收入流 [2] 作者背景与持仓披露 - 文章作者Nick Ackerman 曾是一名金融顾问 持有Series 7和Series 66执照 拥有超过14年的个人投资经验 [2] - 作者披露其通过股票所有权、期权或其他衍生品 对YMAX、YMAG、MSFT、GOOGL持有有益的多头头寸 [3]

As we approach the new year, I have been reassessing my portfolio to consolidate some of my less desirable holdings. I believe that the Amplify CWP Enhanced Dividend Income ETF ( DIVO ) remains one of the best dividend fundsFinancial analyst by day and a seasoned investor by passion, I've been involved in the world of investing for over 15 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering high quality dividend stocks and other assets that offer poten ...

There's less than two weeks left in 2025, but for small-caps, the new year is already here. Morningstar made light of the outperformance in small-caps, which historically manifests itself in an early year rally known as the "January Effect.†However, history has been rewriting itself as of late. Ambitious traders looking to position themselves ahead of the new year have been causing the January rally to arrive earlier than anticipated. "As with many Wall Street patterns, the timeline accelerated as traders ...