저자: BernardodeGarcia · 외국인
요약 보기
QQQ(Invesco)와 VGT(Vanguard)를 비교. QQQ는 나스닥 100 추종으로 비기술주(펩시, 테슬라 등) 포함, VGT는 순수 기술주 중심. 보수율은 QQQ 0.20%, VGT 0.10%로 VGT가 저렴하나 QQQ는 거래량·유동성이 커 스프레드가 1센트로 작고 옵션 거래 선택지가 많음. 최근 1~5년 수익률은 VGT가 우위. 장기 DCA 투자는 VGT, 지수 단기 매매는 QQQ가 적합하다는 결론.
다듬은 글
Whether we're just starting out in investing or have been doing it for a long time, we know that perhaps one of the best stress-free strategies we can apply is dollar cost averaging (DCA). This strategy is based on allocating a certain amount of money to specific positions at regular intervals—weekly, bi-weekly, or monthly.
One of the easiest vehicles for doing this in the market is ETFs, and something that always ends up interesting us, perhaps in the United States, is investing in the Nasdaq. But here's the big question: which is the best ETF for investing in the Nasdaq? And why are we interested in investing long-term?
Are we interested in trading the Nasdaq? What kind of tool should I use? And why would I be more interested in using one tool over another? Hey YouTube, how's it going? Indeed, in this video we're going to talk about why we should invest in certain ETFs if we want to more or less replicate the Nasdaq.
Now we'll get to that. And why, if we simply want to trade them, we should focus on others. By the end of this video, you'll have a very clear understanding of why you might want to invest in certain ETFs long- term. It's not as good an idea as investing in certain others. And also, if I want to trade certain things, because if I want to trade a certain movement in the Nasdaq, why should I go to one place and not another?
So, as always, I hope you're ready with that big blue "like" button because we're going to go and just take a look at what our favorite index is. As always, to take a look at the Nasdaq, here's the triple because this one interests us. Well, this index, as we'll see in a couple of minutes, has 102 if I'm not mistaken because it has a couple of doubles from Google.
And then it has another double from the same thing, I don't remember. It has 102 stocks. We also have to know that YouTube doesn't only have technology stocks. So, if our mindset, if our thinking is, "I want to invest in the Nasdaq because I want to invest in technology," maybe we 're not doing the right thing, especially if we're applying a dollar-cost averaging (DCA) approach.
And we have in mind that we're investing very well in technology, the truth is that we might be putting ourselves in other positions. So, without further introduction, let's get into what each thing is. And here you have the triple up here, and the GG as you're observing. Okay, as we're seeing, the tickers are as follows: one is from Invesco and the other is from Vangar.
Vangar, as you know, is quite famous for giving us BTS financial products, etc., etc., with a very affordable expense ratio, so to speak, for us small investors, while others are perhaps not so affordable. Remember that, as in the case of [unclear], in that case it was a 3. We're seeing here that this is costing us double.
Now, I don't care if it costs me double if it gives me perhaps double the return, or if it's more in line with what I'm looking for. Now, the question is: one, what am I looking for? Two, does this double expense ratio justify John putting my money to work here and not here? Let's continue. So, the AMS, as we 're seeing, are 159 billion and 43 billion dollars.
The volume, as we 're seeing, is 15 billion versus 218 million. Very important is the amount of volume being handled in both; a big difference. And now we're going to understand why this difference is so important, and also something What's very important is that the index it's replicating isn't very relevant, and now, although it might surprise us, we'll understand it.
On one hand, we have the NAS here, and on the other hand, we have the Information Technology 2550 Index. Okay, here we have technology, here we have the NASDAQ. The NASDAQ isn't just technology, as we'll see next. The number of stocks, just in case, is also important for us to be more or less diversified, especially if, as we said, we apply a dollar-cost averaging (DCA) strategy, a long-term investment, in a situation where it's 102.
And in the other case, the DJ is 370. As we're seeing, we already have this information. In the case of the triple Q, it's costing us 20 versus 10, and I repeat, for 100 dollars, we'll be paying ourselves 20 cents, and in this case, for the same 10 cents, if we add three zeros to this, obviously, we also have to add three zeros here.
So, things seem to be getting complicated. It's okay because here we're talking about 20 cents. So, we would have to extract this from here. We'd be paying $2,000. If we had $100,000 invested, and in this case, we'd be paying, excuse me, $1,000 a year, of course. And this is the question: does it matter if I pay $1,000 versus $2,000?
We'll see. The average spread means the difference between the beat and, no, excuse me, yes, the difference between the beat and the ask. As we'll see, apart from the difference between what it's actually replicating, which is the Nasdaq in this case, and in this case, as we're seeing, it's replicating the MS.
In one case, it's 0%, and in the other case, as we're seeing, it's 0.03%. And why this difference? This difference, as we saw before, has to do with our beloved volume: $15 billion versus $218 million. The more volume, the greater the level of liquidity; the greater the liquidity, the lower the spread we're going to face.
And why does the spread matter to us? Well, obviously, the spread is the difference between if I stop the clock and make a buy and a sell instantly, how much am I losing? As we're seeing, in this case, if I make a buy and sell instantly, in this case, I would be losing. One cent on the Nasdaq in the Triple Cube, excuse me, and I would be losing 10 cents on the VGT per contract, except for contracts per share per ETH.
Okay, let's continue. So, in terms of average track difference over the last 12 months, comparing them—I repeat, this is with the Nasdaq and this is with its benchmark index, the MSI A Information—minus 0.16, minus 11. And well, more capital, this is going to interest us right now. Here we have another great chart, and as you can see, VGT seems to have a certain advantage, but I repeat, because YouTube, and now we're going to look at holdings, isn't 100% technology, okay?
It's simply non-banking. But well, during the last month, VGT has suffered a bit more, and during the last three months, its VGT has had lower returns. Also, since the beginning of the year, VGT has also fallen somewhat behind. But look how quickly the story changes. In the last 12 months, VGT has fallen 5% behind, not yet.
Triple Cube has fallen 8.24% behind. In the last three years, VGT has had a 18% return versus our beloved 15% for five years, and 18% and 16% or almost 17% for the last 10 years. As we can see here, this difference is quite significant because, as we'll see next, not all the companies in Triple Q are actually technology companies.
We'll also start by understanding where the most localized risks are in VGT and where it will be more advantageous to hold one position or another, depending on our objective: 112 stocks. As we saw, greater diversification in VGT. But this doesn't necessarily mean greater diversification within the sector because, again, VGT is purely technology-based, while Triple Q is not.
Proof of this is what we see here on the left: Pepsi. I'll highlight it in green so we can see it better. Pepsi isn't very technology-based, while Broadcom is. Well, here we haven't found any more non- technology stocks. But obviously, we have many more non-technology stocks in Triple Q. Just look at the fact that 2% of Triple Q is Pepsi, a tremendous company.
But perhaps not yours. The most technological company, according to a 12% for Microsoft, 17% for Microsoft, Triple Club versus VGT, according to a 22% for VGT for Apple, that is, almost a quarter of the money you have in VGT will be Apple shares. And in this case, well, it will be, well, an eighth, to say again, 12.34.
Amazon is occupying the third position in Triple Q, 6.19, while if we try to find it in this list, well, we are not finding Amazon right now. It has fallen out of the top ten, according to a 6.19, neither bad nor good, obviously this is self-regulating. It has fallen out of the top ten. In video, yes, we have it here, 4.87, 5.59.
In this case, we are not going to have Visa, which we do have here with 3.27%, and Mastercard, along with which, as you are seeing, we also have it, 2.07 versus 3.33. Cisco does not appear in Triple Q, at least not in the top ten, nor does Accenture, nor, as we are seeing, Self or Texas Instruments.
I do n't know if you are noticing, but many positions are missing that we do have in one and not We have in another, for example, Alphabet, both meta-stocks, and perhaps even one that some of you care about more, some of you care about less: Tesla. As we 're seeing, Tesla does belong to Triple Q, at least in the top ten.
I'm almost certain that in VGT we also have Tesla positions, but they don't belong in the top ten, and this might be a dealer breaker. There might be people who say, "I don't want to invest in a technology DSA that doesn't have Tesla in a very good position," because, let's admit, they like it a lot, or perhaps they're in the other field, which is better because they're not interested in Tesla.
And they don't want to have Tesla positions. And as we're seeing right now, Tesla positions are below this 1.5% mark. Okay, the top 10 stocks for Triple Q are occupying 54.5% versus 60%. And I repeat, this isn't better or worse, there's no right or wrong, simply realize that although we have more stocks, we are more diversified within a sector.
Here we have fewer stocks; here we have more than one Here we only have one sector, which is indeed the technology sector. So, beyond knowing the positions, why would I want to invest in one and why would I invest in another? Well, it's quite similar to the case we had with Spy and O. If we take a look at DJI, well, we look at the options.
If we're really interested in trading options or investing in portions, it's a bit more complicated, but it's also entirely possible. They're used for hedging positions, but let's say we don't have that opportunity, the opportunity we might have, for example, to buy options that expire in seven days, ten days, twenty days, two days, or zero days.
Today we have that, but we don't have it for one day, two days, or three days. It doesn't exist in VGT. Also, as you remember, the spread is going to be a bit bigger. If we go to the order here, notice that in the Beat and Ask we have 34-48, 34, 31, 40, 28, 38. There are those 10 cents on average. What does that mean?
If I buy and sell at the moment because... I made a mistake, or whatever, I'm losing these 10 cents instantly. However, if I compare it to Triple Q, as we can see in the orders, the spread is minimal, it's one cent. Furthermore, I'll have the ability to trade options practically—well, practically not every day, except for weekends, because the market doesn't open on weekends, although perhaps it will eventually.
Also, notice that this is costing us 0.20 versus what our DJT is currently costing us, which is 0.10. And now that I've noticed, the BTC dividend is at 0.79 versus the Triple Q dividend, which is currently at 0.70. So there you have it. Obviously, I think it's pretty clear, especially if we are long-term DCA investors.
Perhaps a product like Bio, or if we want pure technology exposure, will interest us. However, if we simply want to trade the index, if we want to take a long or short position on the index with a fairly long timeframe... I think Triple Club is going to be a better fit. Because we're not going to end up absorbing that 0.20% expense since we won't be able to sustain it until the end of the quarter, or at best, we won't.
At worst, yes, we will. However, it's also true that, as you saw, there are some positions that our DJ doesn't have, unlike our Triple Club, which one does, especially Pepsi, which has Triple Club, and Tesla, which also has Triple A VGT, which it doesn't. Perhaps this is useful, Breaker, for you. But now, I'm simply asking you, and you can leave us a comment: would you end up paying double for not having these positions in your ETF, or would you end up buying the i10 cheaply and also buying, making certain decisions, in these stocks that might interest you more?
As always, let me know below with all your answers, opinions, and if you also have two other ETFs that you'd like us to compare. Thank you very much, as always, for getting this far. I hope you enjoyed this video. If so, don't forget to hit the subscribe button and the bell icon to check the notifications.
Links in the video description. As always, wishing you all the best and we'll see you in the next video.
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