원문 보기
In the last video, I introduced mini versions of the US representative index ETFs, Spy and QQ. You left many good questions in the comments section. Today, I would like to talk a little more about SPL G and QM by answering some of those questions. For those who find the price of these representative US index ETFs, reaching 500,000 won per share, burdensome, I mentioned that domestically listed SMP 500 and NASDAQ 100 ETFs, as well as overseas listed ETFs like SMP 500 ( SPL LG) or STAR PAC (QM), might not work out.
You left many questions regarding the distribution payments for SP LG, QKM2, STAR2, and QN. Both QM M and SPL G do pay distributions. Similar to QQ Spy, they pay dividends once a quarter. Let's check how much was paid out last year (2021) and what the dividend yield was. First, QM: end of March, end of June, end of September, and At the end of December, dividends of $100 were paid out for each quarter.
You can see that the distribution amounts ranged from as high as $0.18 to as low as $0.2488. If you add up the distributions for these four quarters, it comes out to $ 0.64. The closing price on QM at the end of December was $63.50. When I calculate the distribution by setting the annual distribution amount as the numerator and the closing price at the end of December as the denominator, it comes out to 0.4%.
QM is technology-focused, and technology stocks generally have better dividend yields. Also, since technology stock prices rose so much from 2020 to 2021—meaning the denominator became much larger—the dividend yield of 0.4% itself is not particularly high. However, the reason we are looking at the distribution reason now is not to scrutinize the distribution arrangement, but to see if the distribution is being done at the level of the original Nasdaq 100 2 TF2 QQ.
Since I intend to make a comparison, I have also organized the information for QQQ. QQQ also distributes dividends once a quarter. Just like QQQ M, you can see that it does not pay out dividends every quarter. Although there is a difference ranging from $0.3% to $0.49, just like with QGame, if we add up the dividends for all four quarters, use the December closing price as the numerator, and calculate the distribution based on the parent, it comes out to 0.46%.
I mentioned that QQ Yemi was 0.4%, but since QQ is 0.42%, there is a difference of 0.02 to 6 percentage points. However, it is difficult to consider this a significant difference. With this level of difference, QAM and QQQ are both passive funds that track the Nasdaq 100 technology, so you can consider their dividend rates to be identical.
I will also compare the distribution dates of S PNG and Spy. First is SPL; SP LG is also making quarterly dividend payments. QQ and Q Ang, and Star 2, which I will show you later, also pays out quarterly proceeds, but SPL G pays out a week earlier than you guys. I added up the distributions for all four quarters as well.
When I calculated the distribution using the closing price at the end of December as the parent, the 2021 distribution rate for SPL comes out to 1.25%. If I calculate the distribution rate for Spy in the same way, it comes out to 1.204%. If I gather all these KEPCO distributions together and look at SP LG, Spy, QAM, and QQ, the ratios are 0.40, 0.42, 6, 1.25, and 1.204.
This difference suggests that the mini versions, even within the TF framework, pay out the same distributions as the original ETFs. In fact, as many of you have mentioned in the comments, if you keep in mind that the trading volume is relatively low, you can choose SPL G and QML instead of Star 2 QKK.
How about choosing Spy G instead of Spy? Regarding the question... You gave me a lot of feedback, and I've noticed that many people actually believe Spy G is an ETF that can replace the SMP 502 TF, which has a lower price per share and better returns than Spy. I've seen many related posts as well. Is it true that Spy G is cheaper per share than Spy?
And it is true that Spy G had better returns than Spy in 2020 and 2021. However, to start with the conclusion, Spy G is not a deep alternative to Spy. They are very different in nature. It is not a matter of who is better or worse; the point is that the TF is not even a subject for comparison. Spy G's underlying index is SMP 500%.
The SMP Cross Index is composed solely of growth stocks among the SMP 500 components. The index name itself is "Growth." If you compare the sector weightings of Spy and Spy G, you can see that Spy has lower weightings in Consumer Goods, Community, Services, and IT compared to Spy. I have summarized the representative stocks in each category: Consumer Goods includes Tesla, and Communication Services does not.
Turn in, Alphabet, Netflix, Beta, Platform, and ITU, along with Apple and Microsoft, are representative stocks in that sector. You can consider that most of the representative U.S. growth stocks we know are included in these three sectors. Regarding the weight of these three sectors, you can see that while the SMT 500 has 49.3%, Spy Rat reaches a whopping 71%.
This difference in the weight of growth stocks is reflected in the returns. In 2020, the market was entirely driven by growth stocks, so Spy Rat performed much better than Spy. In 2011, because top-tier mega-cap growth stocks—such as Apple and Microsoft—performed very well, Filesh did have better returns than Spy; however, this year, all sectors showed relatively even growth.
Thanks to this, we do not see the massive gap in returns seen last year. Rather than concluding that Spy Rat is a better ETF than Spy just because Spy Rat outperformed Spy for two years, looking at the 2020 and 2021 performance of Spy Rat over the N style... It seems correct to conclude that the market was slightly more favorable.
If sectors like consumer staples, healthcare, or utilities—where Spy holds a relatively higher weighting than Spike— show relatively good trends compared to large tech stocks, then Spy could outperform Spy G. If you are looking for a TF to anchor your portfolio, choosing Spy, the SMP 500 ETF, is the right choice.
However, if Spy's share price is too burdensome for households, then choosing SPL G, which tracks the same underlying index and pays the same level of dividends, is the correct choice. Spy G can be compared to QQ, not Spy itself. Therefore, choosing Spy over QQ Peak seems like a good option. I have released Star 2 and Star 2 GQ by style and size.
If you look at Spy, you can see that it is evenly distributed between mixed growth and style, whereas Style G and Q Queen show a relatively higher weighting of growth stocks. Even looking at just these three boxes, Star 2 and Spike are somewhat different in nature. You will likely notice that TF2 Go, Spy 1, and especially Queen are ETFs with quite similar characteristics.
As shown earlier, both Spy 1 and Q are growth ETFs, but you can view Q as a slightly spicier version. Among the three major tech sectors I mentioned earlier, Spy 1 accounts for 71.6% of the total portfolio, while QQQ reaches a whopping 83%. Notably, QQQ has almost no financial stock weighting. Therefore, Spy 1 could be a good choice instead of Peak.
The biggest difference between Q and Spy 1 can be both a strength and a weakness for Spy 1. The inclusion criteria for Spy 1 are quite strict. Since Spy 1's underlying index, the SMP 500 Growth Index, is composed of stocks included in the SMP 500, stocks not included in the SMP 500 naturally cannot be included in Spy 1.
However, SMP 500 inclusion The conditions are quite strict. While strict inclusion criteria imply that only companies verified from various angles are included, it can also be a disadvantage in that it fails to reflect the rapidly changing stock market in a timely manner. This is an example I have always mentioned without fail when explaining Spy-Rat.
In fact, Tesla was only included in the SMB 500 on December 21, 2021. Tesla was the hottest stock at the time. If you had invested in QQ, you could have enjoyed Tesla's rise in 2020, but if you had invested in Spy-Rat, you would not have been able to. You are likely debating whether Spy-Rat or QQ-Rat is better.
If you want a "growth backdoor Apple" that more actively reflects the growth stock trend, choose Q6. If you want to invest only in growth stocks that have undergone repeated verification, I think you should choose Spy-Rat. That is all for today regarding ET Apple and Middle Man.
Comments 0