Hoʻolālāʻo SPDR no ka Loaʻa Pohō a me Poor o ka Depositary Receipts.
ʻO ka Volume Volume Begets
ʻO ka SPDR S & P 500 ETF kekahi o nā ala maʻalahi no nā mea kālepa mea kūʻai e komo i kahi kumumanaʻo o nā kumukūʻai, kahi wale nō i loaʻa i nā mea kūʻai kūʻai S & P 500 ma mua o 1993 (SPY lā hoʻomaka). Akā,ʻoi aku ka SPY ma mua o ke komo waleʻana i kahi helu kuhikuhi nui; e hāʻawi nui aku ana nā ETF aʻaʻohe wahi kokoke i kahi mea i kaulana.
Ua puni ka SPY mai ka makahiki 1993, a ua hopena i ka pilina hilinaʻi ma waena o nā mea kālepa a me nā mea nāna e mālama i ke kālā: State Street.
Kūleʻa nā mea kālepa i kēlā me kēia lā e kālepa i ka ETF, e like me nā mea kālepa lā no ka mea uaʻike lākou e nui ka nui ma laila e komo a haʻalele i nāʻoihana. ʻO ka mea kiʻekiʻe lōʻihi e hoʻoulu i ke kālepaʻana, a ma kēiaʻano, e hoʻonui mau ai ka hua nui i ka nui.
He kūpono maikaʻi ka FEF. ʻAʻole ia heʻano maʻalahi akāʻoi ke neʻeʻia ma kahi o 0.5% a hiki i 1% no ka lā, e like me ke anaʻo Average True Range (ATR).
I ka wā o ka kiʻekiʻe kiʻekiʻe, hiki ke ukuʻia he 2% o ka nui aʻoi aku paha, no ka lā. ʻO ka loliʻana o ka liʻiliʻi ma lalo o 0.5% mai kahi lā a hiki i ka wā e hiki mai ana. ʻOiai ka emiʻana o ka SPY ma lalo o ka lā kūʻai nui o ke kūʻaiʻana i nā kumu kūʻai , hiki i ka nui o nā lā kūʻai kūʻai nui ke hoʻonui i ka nui o ka nui .
He aha ka mea i loko o SPDR S & P 500 ETF?
'Okahi kahi mea. Hoʻomaopopo ia i nā mea kūʻai likeʻole a lōʻihi lōʻihi, akā,ʻaʻoleʻo ia ka helu wale nō e hoʻolaha ai i SPY i nā mea kālepa. Nui ka nui o nā kumukūʻai no nā lā he nui, akā, ua fizzles. No ka hoʻonuiʻana i ka leo e ponoʻoe i kahi huahana kūpono.
Hoʻomaʻalo SPY i ka hua'ōlelo S & P 500, kekahi o nā kūʻai makai kūʻai nui loa i ka honua. A ke hele pololei nei ia. Ma waena o Jan 22, 1993 a meʻAukake 31, 2015,ʻo ka hoʻihoʻiʻana o ka S & P 500 Index i 9.38% aʻo ka hoʻiʻana o ka SPY annualized he 9.24%, e like me StateStreet. ʻO kahi kokoke loa ia, ma ka nānāʻana i ke kālā e uku i kahi'āpana kālā hoʻonui he 0.09% (ma lalo o ka loli).
ʻO kaʻenehana S & P 500ʻo ia iho i hoʻokumuʻia me nā hui US, me kahiʻoihana kūʻaiʻoihana i $ 5 biliona aʻoi aku paha. I nā hua'ōlelo'ē aʻe,ʻo ka papa kuhikuhi wale nō i hakuʻia i nā hui nui. Pono kēlā me kēia hui ma ka papa helu e loaʻa nā kālā maikaʻi i ka mehema i hala iho nei a ma luna o nāʻaoʻaoʻehā i hala loa. Pono e hoʻolako ponoʻia kēlā me kēia huahana ma ka hua'ōlelo.
Pehea ka hana SPY
ʻO ka SPDR S & P 500 he mea hoʻokele. Ua kūʻai nā mana o ka waihona kālā a kūʻai aku i nā lāʻau e kaulike i ko lākou mau paʻa me ka hua'ōlelo S & P 500. Ma ke kūʻaiʻana i kahi māhele o SPY e kūʻai anaʻoe i kahi pūnaewele o nā paʻa i kēia manawa, kahi mea liʻiliʻi i kēlā me kēia'āpana o kēlā me kēia kiʻi ma ka papa kuhikuhi S & P 500.
ʻO ka kūʻaiʻana a ka mea kūʻai i SPY e manaʻo ana i nā hale i loko o ka waihona kālā -ʻo nā kumukūʻai o ka hua'ōlelo S & P 500 - e ala aʻe, ae hiki iā ia ke kūʻai aku i kā lākou mau'āpana (SPY units) i ke kumu kūʻaiʻoi aku ma mua o ka mea i ukuʻia. Inā hāʻule nā hale paʻa i loko o ka waihona kālā, pēlā nō ka nui o kēlā me kēia mehua / SPY.
ʻAʻole mālama ka poʻe kālepa i ka piʻiʻana o ka index a iʻole lalo. Ma hope o ka hoʻoikaikaʻana o nā mea a pau i ka S & P 500 i ka lā a pau, pēlā nō SPY, e hoʻomaopopo ana i ka waiwai o nā mea paʻa. ʻO nā hanuʻana i ka SPY, i hui pūʻia me ka nui nui, eʻae i nā mea kālepa lā e kālepa i nā lā a pau .
Nā mea lawelawe SPY ma ke kūʻai kūʻai kālā, no laila, kūʻai nā kālepa a kūʻai aku i kā lākou mau'āpana / mau ki a maʻole mai nā mea'ē aʻe o ka māhele. I kekahi manawa,ʻaʻole ke kumukūʻai o ka pūʻulu e hōʻike i ke kumu waiwai o nā paʻa i loko o hoʻokahi. ʻO kēia no ka hoʻonohonohoʻana o nā pūnaewele ma kahi kūʻai, aʻo ka euphoria a iʻole ka makaʻu e hiki ai i nā mea kūʻai a mea kūʻai paha e hoʻokuʻu i ka uku i luna / lalo o kaʻoiaʻiʻo maoli o nā kuleana paʻa. E hiki ke nānā i nā pono maoli o kahi SPY pūnaewele ma ka nānāʻana i ka hōʻailona " SPY.NV ".
Hoʻonuiʻia i kēlā me kēia kakahiaka me ka waiwai o nā kuleana aʻo ia ka inoaʻo Net Asset Value.
'Ōlelo Hope ma SPDR S & P 500 ETF (SPY)
Hoʻopiʻi ka ETF i kahi hua'ōlelo i hoʻohana nuiʻia, e paipai iā ia, ua puniʻo ia mai ka makahiki 1993. He nui nā puʻupuʻu o ka ETF, aʻo ia ke kumu i kūʻai aku ai nā mea kālepa o kēia lā i kēia waiwai i kēlā lā i kēia lā. Hoʻohana pū nā mea kālā i ka S & P 500 SPDR, no ka mea e hoʻolaha ana i kahi lehulehu o nā hui lehulehu oʻAmelika me kahi kūʻai hoʻokahi.