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Is First Trust Growth Strength ETF (FTGS) a Strong ETF Right Now?
ZACKS· 2025-07-10 19:22
Launched on 10/25/2022, the First Trust Growth Strength ETF (FTGS) is a smart beta exchange traded fund offering broad exposure to the Style Box - Large Cap Growth category of the market.What Are Smart Beta ETFs?Market cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy.Market cap weighted indexes work great for investors who believe in market efficiency. They provide a low-cost ...
Is Invesco Pharmaceuticals ETF (PJP) a Strong ETF Right Now?
ZACKS· 2025-07-10 19:22
The Invesco Pharmaceuticals ETF (PJP) was launched on 06/23/2005, and is a smart beta exchange traded fund designed to offer broad exposure to the Health Care ETFs category of the market.What Are Smart Beta ETFs?Products that are based on market cap weighted indexes, which are strategies designed to reflect a specific market segment or the market as a whole, have traditionally dominated the ETF industry.Market cap weighted indexes work great for investors who believe in market efficiency. They provide a low ...
Is First Trust Rising Dividend Achievers ETF (RDVY) a Strong ETF Right Now?
ZACKS· 2025-07-10 19:22
The First Trust Rising Dividend Achievers ETF (RDVY) made its debut on 01/07/2014, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - Large Cap Value category of the market.What Are Smart Beta ETFs?Products that are based on market cap weighted indexes, which are strategies designed to reflect a specific market segment or the market as a whole, have traditionally dominated the ETF industry.Market cap weighted indexes offer a low-cost, convenient, and transparent way of ...
Is SPDR S&P Biotech ETF (XBI) a Strong ETF Right Now?
ZACKS· 2025-07-10 19:22
The SPDR S&P Biotech ETF (XBI) made its debut on 01/31/2006, and is a smart beta exchange traded fund that provides broad exposure to the Health Care ETFs category of the market.What Are Smart Beta ETFs?The ETF industry has traditionally been dominated by products based on market capitalization weighted indexes that are designed to represent the market or a particular segment of the market.Investors who believe in market efficiency should consider market cap indexes, as they replicate market returns in a lo ...
Is ProShares S&P 500 Dividend Aristocrats ETF (NOBL) a Strong ETF Right Now?
ZACKS· 2025-07-10 19:21
Launched on 10/09/2013, the ProShares S&P 500 Dividend Aristocrats ETF (NOBL) is a smart beta exchange traded fund offering broad exposure to the Style Box - Large Cap Value category of the market.What Are Smart Beta ETFs?Market cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy.Investors who believe in market efficiency should consider market cap indexes, as they replicate mar ...
券商ETF业务5月份“战报”揭晓 华泰证券“人气”最旺
证券日报· 2025-06-30 00:56
ETF市场概况 - ETF产品凭借投资便捷性、低费率、灵活性和风格稳定等特征,受到投资者欢迎,市场规模快速扩大 [1] - 截至6月29日,全市场ETF共1207只,较上年同期增长24.05%,总份额2.73万亿份,较上年同期增长23.39%,资产净值合计4.28万亿元,较上年同期增长73.03% [5] - 中国ETF市场正经历历史性扩张期,宽基ETF成为主导,科技、金融等热点主题ETF迅速崛起 [5] 券商ETF业务竞争格局 - 头部券商在ETF业务中占据优势,华泰证券、中信证券和国泰海通在5月上交所ETF成交额(经纪业务)中占比分别为11.3%、9.35%和7.48% [2] - 中国银河在经纪业务持有ETF规模中居首,占比24.63%,申万宏源证券、中信证券、招商证券、国泰海通分别占比18.05%、6.06%、4.78%、4.58% [3] - 华泰证券和东方财富证券在沪市经纪业务ETF交易账户数量中占比分别为11.59%和11.18%,华泰证券年内累计交易账户数量占比10.74% [4] 券商营业部表现 - 华宝证券上海东大名路证券营业部在沪市券商营业部ETF成交额中蝉联第一,占比3.59%,国泰海通总部占比3.14% [3] - 深市个人客户ETF交易金额前30的券商营业部中,东方财富证券占据8家,机构客户ETF交易金额前30的营业部中,华泰证券占据6家 [3] - 深市个人客户ETF交易账户数前30的券商营业部中,东方财富证券占据10个席位 [4] ETF市场发展前景 - Smart Beta、指数增强ETF、跨境ETF等产品将进一步推动市场多元创新,ETF市场逐步迈入高质量发展新阶段 [5] - ETF市场为券商带来丰富业务机遇,包括ETF做市业务、融资融券业务联动等,宽基、行业主题及Smart Beta类ETF成为券商差异化优势的重要抓手 [5] - 券商纷纷加强ETF赛道布局,招商证券聚焦ETF全产业链,长城证券构建ETF生态圈,国海证券优化资产配置和产品评价体系 [5] 金融机构建议 - 金融机构应提升产品设计能力与投顾服务能力,拓展债券、商品、跨境ETF等多元资产布局,开发配置型、主动管理型、衍生品类创新产品 [6] - 依托智能投顾分层服务与低费率工具重塑财富管理模式 [6]
现金流ETF(159399)涨0.89%,连续9年跑赢红利,可月月评估分红
每日经济新闻· 2025-06-27 10:11
现金流ETF表现 - 现金流ETF(159399)盘中上涨0 89%,成交活跃 [1] - 该ETF以自由现金流为选股因子,跟踪富时中国A股自由现金流聚焦指数,剔除金融和地产行业,优选自由现金流率最高的50只股票 [1] 富时现金流指数业绩 - 富时现金流指数基日(2013/12/31)以来年化收益率超18%,累计涨幅达568 15% [1] - 同期沪深300累计涨幅114 88%,中证红利累计涨幅285 62%,富时现金流指数连续9年跑赢中证红利指数 [1] 自由现金流选股逻辑 - 自由现金流对周期股具有择时效果,周期股上行期自由现金流率较高,可筛选出处于上行期的周期股 [1] - 该指标对经济周期适用性较强,能反映企业现金流健康状况 [1]
科创板投资迈入2.0时代 华夏上证智选科创板价值50策略ETF即将发行
财富在线· 2025-06-27 09:16
科创板投资2.0时代 - 科创领域迈入"科创板+smart beta"的"科创板投资2.0时代",华夏基金推出科创价值ETF华夏(交易代码:589550),追踪上证智选科创板价值50策略指数 [1] - 智选科创价值50指数通过流动性和质量筛选,选取价值、低波、规模得分较高的50只科创板股票,采用综合得分加权,权重上限15%,前五大不超过60% [1] - 该指数定位于科创板价值策略,选取经营风险及估值水平较低的股票,指数质地高,特点鲜明 [1] 行业分布与权重股 - 智选科创价值50指数行业分布以电子(30.9%)、医药生物(12.8%)、机械设备(12.5%)为主,覆盖科创板核心优势行业 [2] - 前十权重股均为科创板优势行业龙头股,包含在科创50中,但排序和分布与科创50不同,合计占比更低,分布更均衡 [2] - 指数成分股营业收入、净利润占比分别为42.4%、141.5%,显示基本面优越性 [2] 市场表现与流动性 - 智选科创价值50指数2020年以来年化区间涨幅为5.3%,优于科创50(-0.8%)、科创100(0.3%)、科创200(-3.5%)和科创综指(2.9%) [2] - 科创综指日均成交金额1075亿元,智选科创价值50成份股日均成交金额257亿元,个股数量占科创综指8.8%,但成交额占比23.9%,流动性活跃 [2] 华夏基金科创板布局 - 华夏基金已集齐科创50、科创100、科创200、科创综指四大科创板宽基指数,科创50ETF规模超800亿元,在同类产品中排名第一 [3] - 科创价值ETF华夏的推出进一步丰富了科创板投资工具,为投资者提供更多选择 [3]
面对上千只ETF,投资者却更迷茫了
36氪· 2025-06-27 08:21
行业痛点与监管方向 - 监管层希望通过简单、便捷的稳健型策略产品解决"基金赚钱基民不赚钱"的行业痛点 [1][15] - 主动权益基金面临信任危机,指数化投资因透明、低成本优势规模首超主动权益基金 [2] - 普通投资者在1200只ETF中难以有效配置资产,催生Smart Beta策略需求 [2] Smart Beta策略发展 - Smart Beta策略通过纪律性选股逻辑(如红利、价值、质量、低波动)优化风险收益特征 [3] - 美国市场Smart Beta ETF管理规模达17275.10亿美元,十年增长23倍,占权益ETF规模的20% [5][8] - 中国市场Smart Beta ETF规模仅1200亿元,占权益ETF规模的3%,红利因子策略占主导 [8][9] 自由现金流策略表现 - 自由现金流是衡量企业财务健康度的核心指标,中证全指自由现金流指数近10年年化回报7.77%,远超中证全指-3.95% [10][13] - 截至2025年6月18日,全市场已有27家基金公司发行32只自由现金流相关指数基金 [11][12] - 华泰柏瑞基金较早布局红利策略后,又发行自由现金流ETF及联接基金(563390、024622) [12][14] 监管与行业转型 - 《推动公募基金高质量发展行动方案》明确要求从重规模向重投资者回报转型 [15] - Smart Beta中的红利、自由现金流策略因稳健表现成为解决行业痛点的关键工具 [16] - 自由现金流ETF为长线资金提供新选项,未来表现值得期待 [16]
平安公司债ETF基金经理王郧:公司债ETF规模超180亿 为全市场首只中高等级信用债ETF
全景网· 2025-06-26 15:57
平安公司债ETF产品介绍 - 全市场首只中高等级信用债ETF以及首只Smart Beta债券ETF [1] - 跟踪中债——中高等级公司债利差因子指数,指数样本券达1600多只,个券极度分散,行业分布涵盖23个申万一级行业 [1] - 今年以来规模突破150亿,截至2025年6月13日最新规模达到182.76亿,成为全市场第三大信用债券ETF [1] - 与今年新发行的8只做市基准信用债ETF一同纳入中国结算通用质押库,且是唯一一只中短久期的信用债ETF [1] 平安公司债ETF产品优势 - 标的指数主体与债项评级均为AAA,隐含评级98%以上为AA+,是信用债ETF中评级最高的品种 [2] - 拥有7家做市商,包括中信、银河、申万等知名机构 [2] - 2024年日均成交金额达4.6亿元,单日峰值成交额曾达12.9亿,2025年4月以来日成交额经常超过20亿 [2] - 成立以来年化收益率超2.9%,2024年收益率为3.62%,2023年收益率为3.38%,累计分红8次,分红金额近7.5亿元 [2] 平安公司债ETF应用场景 - 可以满足保险客群、银行自营客户、私募和个人客户等各类客群的多元化投资需求 [3] - 被纳入中国结算通用质押库,为投资者提供了质押调整组合久期和收益、获取流动性、快速切换资产配置以及增厚假期收益等多种应用场景 [3]