📌 Travel diary, life experience, resource sharing are updated irregularly No matter where you come from, you are welcome to find voices worth listening to here. 🔗 Quick Link (https://linktr.ee/jackyieyes) 🌐 [個人網站](https://reurl.cc/jG8mEp) 📸 [Instagram](https://instagram.com/jack_yi_0617) ▶️ [YouTube](https://youtube.com/@jackyieyes) 🎧 [Play on All Platforms](https://open.firstory.me/user/cmb1k9q3508hj01y7336x5n6o/platforms) 1.1. Holding 0050 alone 💲 Pros: ◇ The longest history: 0050 is the original pioneer and has the longest history. ◇ Extremely high liquidity: The trading volume is huge, which is very suitable for large-scale transactions, with extremely high entry and exit efficiency and minimal market impact. ◇ Large scale: Its large asset size brings a certain stability. ◇ Slightly lower fees at present: Due to its huge scale, the fee structure may be slightly lower than 006208 at present. 🚫 Disadvantages (Cons) ◇ Higher per-unit share price: For small investors, the higher per-unit price may form a psychological threshold, although odd-lot trading helps alleviate this problem. ◇ Slightly larger historical tracking error: Compared with 006208, its historical tracking error is slightly larger. 1.2. Holding 006208 alone 💲 Pros: ◇ Lower per-unit share price and easier to get started: The price is more affordable, and potential stock splits in the future will make its per-unit price even lower, making it more convenient for small investments. ◇ Smaller historical tracking error: Over the past decade, 006208 has consistently exhibited slightly tighter tracking error and more accurately replicated the index. This is due to its lower internal fees, stricter cash management, and more precise portfolio rebalancing strategy. ◇ Competitive fees and great future potential: Its fee structure is competitive, and as its AUM grows, fees will be further reduced, and may eventually converge with 0050. ◇ More friendly to regular fixed-amount investors: supports fractional share trading, making it easier to invest an exact amount; provides strong dividend reinvestment plan (DRP) support, which helps long-term compounding; some brokerages may provide fee reductions for regular fixed-amount investments. 🚫 Disadvantages (Cons): ◇ The overall fund size is smaller: compared with 0050, its total fund size is smaller, so the liquidity is slightly lower than Yichou, but for most purposes, the liquidity is still very good. 1.3. Parallel Holding 💲 Pros: ◇ Diversify fund manager risks: not relying on a single fund company (Yuanta or Fubon), reducing the risk of single operating errors. ◇ High operational flexibility: The allocation between the two can be flexibly adjusted according to real-time fee changes, market trends or brokerage platform discounts. ◇ Structural risk diversification: This is a unique form of diversification that diversifies the risks at the fund operation level, for example: △ Differences in operating mechanisms: There are slight differences between the two in rebalancing timing, dividend treatment (0050 may sell first and then buy to manage tax liabilities, while 006208 is directly distributed), preference for the use of derivative financial products, and market maker depth. These differences can lead to slight fluctuations in short-term performance, but can diversify the potential risks brought by the operation of a single fund. △ Tracking error compensation: If one fund has a larger tracking error in a certain period, the other may track more closely, making the tracking error of the overall portfolio closer to the index. △ Diversified platform/transaction costs: Different ETFs may have different transaction fees or support on different brokerage platforms, providing more trading options. △ Psychological/behavioral risk diversification: When the market fluctuates, holding two ETFs at the same time can provide a psychological buffer, help avoid making comprehensive impulsive transactions due to panic, and enable investors to adopt a more relaxed entry and exit strategy. 🚫 Disadvantages (Cons): ◇ Slightly increased management complexity: The need to track two ETFs at the same time may increase the workload of monitoring performance, adjusting allocations, and processing tax filings. ◇ Slight increase in overall weighted average cost: Although the fees of a single ETF are low, holding both in parallel may result in your effective weighted average fees being slightly higher than holding the lowest-fee ETF alone (but the difference is so small that it is almost negligible). ◇ Diluted tracking accuracy advantage: If 006208 continues to show more accurate tracking, holding 0050 at the same time will slightly dilute this advantage, making your overall portfolio tracking error tend to the average between the two. ◇ Non-underlying diversification: This diversification is aimed at the fund operation level, not the underlying stock targets; you are still investing in the same 50 large companies in Taiwan. 留言告訴我你對這一集的想法： https://open.firstory.me/user/cmb1k9q3508hj01y7336x5n6o/comments Powered by Firstory Hosting
