{"id":3682,"date":"2026-02-04T17:03:48","date_gmt":"2026-02-04T09:03:48","guid":{"rendered":"http:\/\/www.banbanli.net\/blog\/?p=3682"},"modified":"2026-02-04T17:05:34","modified_gmt":"2026-02-04T09:05:34","slug":"%e9%bb%83%e9%87%91-etf","status":"publish","type":"post","link":"http:\/\/www.banbanli.net\/blog\/?p=3682","title":{"rendered":"\u9ec3\u91d1 ETF"},"content":{"rendered":"\n<p>\u5728\u7f8e\u570b\u5e02\u5834\uff0c\u6295\u8cc7\u9ec3\u91d1\u7684 ETF \u7a2e\u985e\u975e\u5e38\u8c50\u5bcc\uff0c\u4e3b\u8981\u53ef\u4ee5\u5206\u70ba<strong>\u5be6\u9ad4\u9ec3\u91d1\uff08\u73fe\u8ca8\uff09<\/strong>\u3001<strong>\u4f4e\u6210\u672c\/\u8ff7\u4f60\u578b<\/strong>\u3001\u4ee5\u53ca<strong>\u91d1\u7926\u516c\u53f8\u80a1\u7968<\/strong>\u9019\u4e09\u5927\u985e\u3002<\/p>\n\n\n\n<p>\u6839\u64da 2026 \u5e74\u6700\u65b0\u7684\u5e02\u5834\u8cc7\u8a0a\uff0c\u4ee5\u4e0b\u662f\u5e7e\u6b3e\u6700\u5177\u4ee3\u8868\u6027\u7684\u7f8e\u570b\u9ec3\u91d1 ETF\uff1a<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">1. \u65d7\u8266\u578b\uff1a\u9ad8\u6d41\u52d5\u6027\u3001\u898f\u6a21\u6700\u5927<\/h3>\n\n\n\n<p>\u9019\u985e ETF \u76f4\u63a5\u6301\u6709\u5be6\u9ad4\u91d1\u689d\uff0c\u9069\u5408\u5927\u578b\u6a5f\u69cb\u6216\u9700\u8981\u9ad8\u5ea6\u6d41\u52d5\u6027\u7684\u6295\u8cc7\u8005\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>GLD (SPDR Gold Shares)<\/strong>\uff1a\u5168\u7403\u6b77\u53f2\u6700\u60a0\u4e45\u3001\u898f\u6a21\u6700\u5927\u7684\u9ec3\u91d1 ETF\u3002\u5b83\u7684\u6210\u4ea4\u91cf\u6975\u5927\uff0c\u671f\u6b0a\uff08Options\uff09\u4ea4\u6613\u4e5f\u975e\u5e38\u6d3b\u8e8d\u3002\n<ul class=\"wp-block-list\">\n<li><strong>\u8cbb\u7528\u7387<\/strong>\uff1a\u7d04 0.40%<\/li>\n\n\n\n<li><strong>\u7279\u9ede<\/strong>\uff1a\u6d41\u52d5\u6027\u738b\u8005\uff0c\u4f46\u7ba1\u7406\u8cbb\u76f8\u5c0d\u8f03\u9ad8\u3002<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>IAU (iShares Gold Trust)<\/strong>\uff1a\u7531\u8c9d\u840a\u5fb7\uff08BlackRock\uff09\u767c\u884c\uff0c\u898f\u6a21\u50c5\u6b21\u65bc GLD\u3002\n<ul class=\"wp-block-list\">\n<li><strong>\u8cbb\u7528\u7387<\/strong>\uff1a\u7d04 0.25%<\/li>\n\n\n\n<li><strong>\u7279\u9ede<\/strong>\uff1a\u8cbb\u7528\u6bd4 GLD \u4fbf\u5b9c\uff0c\u9069\u5408\u4e2d\u9577\u671f\u6301\u6709\u3002<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">2. \u5c0f\u8cc7\/\u9577\u671f\u578b\uff1a\u6975\u4f4e\u8cbb\u7528\u7387<\/h3>\n\n\n\n<p>\u5982\u679c\u4f60\u662f\u6253\u7b97\u9577\u671f\u5b58\u80a1\uff0c\u9019\u985e ETF \u7684\u5167\u6263\u8cbb\u7528\u6700\u4f4e\uff0c\u80fd\u6e1b\u5c11\u9577\u671f\u6301\u6709\u7684\u6210\u672c\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>IAUM (iShares Gold Trust Micro)<\/strong>\uff1a\u76ee\u524d\u5e02\u5834\u4e0a<strong>\u8cbb\u7528\u6700\u4f4e<\/strong>\u7684\u9078\u64c7\u4e4b\u4e00\u3002\n<ul class=\"wp-block-list\">\n<li><strong>\u8cbb\u7528\u7387<\/strong>\uff1a\u7d04 0.09%<\/li>\n\n\n\n<li><strong>\u7279\u9ede<\/strong>\uff1a\u55ae\u50f9\u4f4e\uff0c\u9069\u5408\u5b9a\u671f\u5b9a\u984d\u7684\u5c0f\u8cc7\u65cf\u3002<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>GLDM (SPDR Gold MiniShares)<\/strong>\uff1aGLD \u7684\u300c\u8ff7\u4f60\u7248\u300d\u3002\n<ul class=\"wp-block-list\">\n<li><strong>\u8cbb\u7528\u7387<\/strong>\uff1a\u7d04 0.10%<\/li>\n\n\n\n<li><strong>\u7279\u9ede<\/strong>\uff1a\u7ba1\u7406\u8cbb\u6975\u5177\u7af6\u722d\u529b\uff0c\u4e14\u80cc\u9760 SPDR \u7684\u54c1\u724c\u4fdd\u8b49\u3002<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">3. \u91d1\u7926\u80a1\u7968\u578b\uff1a\u9ad8\u6ce2\u52d5\u3001\u8207\u4f01\u696d\u7372\u5229\u639b\u9264<\/h3>\n\n\n\n<p>\u9019\u985e ETF \u4e0d\u76f4\u63a5\u6301\u6709\u9ec3\u91d1\uff0c\u800c\u662f\u6295\u8cc7\u300c\u6316\u91d1\u7926\u7684\u516c\u53f8\u300d\u3002\u7576\u91d1\u50f9\u4e0a\u6f32\u6642\uff0c\u7926\u5546\u7684\u5229\u6f64\u901a\u5e38\u6703\u653e\u5927\uff0c\u56e0\u6b64\u9019\u985e ETF \u7684\u80a1\u50f9\u6ce2\u52d5\u901a\u5e38\u6bd4\u5be6\u9ad4\u91d1\u50f9\u66f4\u5287\u70c8\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>GDX (VanEck Gold Miners ETF)<\/strong>\uff1a\u6295\u8cc7\u5168\u7403\u5927\u578b\u91d1\u7926\u516c\u53f8\uff08\u5982 Newmont\uff09\u3002<\/li>\n\n\n\n<li><strong>GDXJ (VanEck Junior Gold Miners ETF)<\/strong>\uff1a\u6295\u8cc7\u4e2d\u5c0f\u578b\u3001\u958b\u767c\u968e\u6bb5\u7684\u91d1\u7926\u516c\u53f8\uff0c\u98a8\u96aa\u8207\u6f5b\u5728\u56de\u5831\u66f4\u9ad8\u3002<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">\u5feb\u901f\u6bd4\u8f03\u8868 (2026 \u6982\u6cc1)<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><td><strong>\u985e\u578b<\/strong><\/td><td><strong>Ticker<\/strong><\/td><td><strong>\u7279\u8272<\/strong><\/td><td><strong>\u9069\u5408\u5c0d\u8c61<\/strong><\/td><\/tr><\/thead><tbody><tr><td><strong>\u5be6\u9ad4\u9ec3\u91d1<\/strong><\/td><td><strong>GLD<\/strong><\/td><td>\u6d41\u52d5\u6027\u6700\u5f37\u3001\u50f9\u5dee\u6975\u5c0f<\/td><td>\u77ed\u7dda\u4ea4\u6613\u3001\u5927\u984d\u8cc7\u91d1<\/td><\/tr><tr><td><strong>\u4f4e\u6210\u672c<\/strong><\/td><td><strong>IAUM \/ GLDM<\/strong><\/td><td>\u8cbb\u7528\u7387\u6975\u4f4e (0.09%~0.1%)<\/td><td>\u9577\u671f\u914d\u7f6e\u3001\u5c0f\u8cc7\u5b58\u80a1<\/td><\/tr><tr><td><strong>\u91d1\u7926\u80a1<\/strong><\/td><td><strong>GDX<\/strong><\/td><td>\u6ce2\u52d5\u5927\u3001\u8207\u4f01\u696d\u7d93\u71df\u639b\u9264<\/td><td>\u7a4d\u6975\u578b\u6295\u8cc7\u4eba<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><strong>&#x1f4a1; \u63d0\u9192\uff1a<\/strong>&nbsp;\u6295\u8cc7\u5be6\u9ad4\u9ec3\u91d1 ETF\uff08\u5982 GLD, IAU\uff09\u4e3b\u8981\u662f\u8ffd\u8e64\u91d1\u50f9\u8d70\u52e2\uff1b\u800c\u91d1\u7926\u80a1 ETF\uff08\u5982 GDX\uff09\u5247\u6703\u53d7\u5230\u516c\u53f8\u7372\u5229\u3001\u71df\u904b\u6210\u672c\u53ca\u80a1\u5e02\u6ce2\u52d5\u7684\u984d\u5916\u5f71\u97ff\u3002<\/p>\n<\/blockquote>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u5728\u7f8e\u570b\u5e02\u5834\uff0c\u6295\u8cc7\u9ec3\u91d1\u7684 ETF \u7a2e\u985e\u975e\u5e38\u8c50\u5bcc\uff0c\u4e3b\u8981\u53ef\u4ee5\u5206\u70ba\u5be6\u9ad4\u9ec3\u91d1\uff08\u73fe\u8ca8\uff09\u3001\u4f4e\u6210\u672c\/\u8ff7\u4f60\u578b\u3001\u4ee5\u53ca\u91d1\u7926\u516c\u53f8\u80a1\u7968\u9019\u4e09\u5927\u985e\u3002 \u6839\u64da 2026 \u5e74\u6700\u65b0\u7684\u5e02\u5834\u8cc7\u8a0a\uff0c\u4ee5\u4e0b\u662f\u5e7e\u6b3e\u6700\u5177\u4ee3\u8868\u6027\u7684\u7f8e\u570b\u9ec3\u91d1 ETF\uff1a 1. \u65d7\u8266\u578b\uff1a\u9ad8\u6d41\u52d5\u6027\u3001\u898f\u6a21\u6700\u5927 \u9019\u985e ETF \u76f4\u63a5\u6301\u6709\u5be6\u9ad4\u91d1\u689d\uff0c\u9069\u5408\u5927\u578b\u6a5f\u69cb\u6216\u9700\u8981\u9ad8\u5ea6\u6d41\u52d5\u6027\u7684\u6295\u8cc7\u8005\u3002 2. \u5c0f\u8cc7\/\u9577\u671f\u578b\uff1a\u6975\u4f4e\u8cbb\u7528\u7387 \u5982\u679c\u4f60\u662f\u6253\u7b97\u9577\u671f\u5b58\u80a1\uff0c\u9019\u985e ETF \u7684\u5167\u6263\u8cbb\u7528\u6700\u4f4e\uff0c\u80fd\u6e1b\u5c11\u9577\u671f\u6301\u6709\u7684\u6210\u672c\u3002 3. \u91d1\u7926\u80a1\u7968\u578b\uff1a\u9ad8\u6ce2\u52d5\u3001\u8207\u4f01\u696d\u7372\u5229\u639b\u9264 \u9019\u985e ETF \u4e0d\u76f4\u63a5\u6301\u6709\u9ec3\u91d1\uff0c\u800c\u662f\u6295\u8cc7\u300c\u6316\u91d1\u7926\u7684\u516c\u53f8\u300d\u3002\u7576\u91d1\u50f9\u4e0a\u6f32\u6642\uff0c\u7926\u5546\u7684\u5229\u6f64\u901a\u5e38\u6703\u653e\u5927\uff0c\u56e0\u6b64\u9019\u985e ETF \u7684\u80a1\u50f9\u6ce2\u52d5\u901a\u5e38\u6bd4\u5be6\u9ad4\u91d1\u50f9\u66f4\u5287\u70c8\u3002 \u5feb\u901f\u6bd4\u8f03\u8868 (2026 \u6982\u6cc1) \u985e\u578b Ticker \u7279\u8272 \u9069\u5408\u5c0d\u8c61 \u5be6\u9ad4\u9ec3\u91d1 GLD \u6d41\u52d5\u6027\u6700\u5f37\u3001\u50f9\u5dee\u6975\u5c0f \u77ed\u7dda\u4ea4\u6613\u3001\u5927\u984d\u8cc7\u91d1 \u4f4e\u6210\u672c IAUM \/ GLDM \u8cbb\u7528\u7387\u6975\u4f4e (0.09%~0.1%) \u9577\u671f\u914d\u7f6e\u3001\u5c0f\u8cc7\u5b58\u80a1 \u91d1\u7926\u80a1 GDX \u6ce2\u52d5\u5927\u3001\u8207\u4f01\u696d\u7d93\u71df\u639b\u9264 \u7a4d\u6975\u578b\u6295\u8cc7\u4eba &#x1f4a1; \u63d0\u9192\uff1a&nbsp;\u6295\u8cc7\u5be6\u9ad4\u9ec3\u91d1 ETF\uff08\u5982 GLD, IAU\uff09\u4e3b\u8981\u662f\u8ffd\u8e64\u91d1\u50f9\u8d70\u52e2\uff1b\u800c\u91d1\u7926\u80a1 ETF\uff08\u5982 GDX\uff09\u5247\u6703\u53d7\u5230\u516c\u53f8\u7372\u5229\u3001\u71df\u904b\u6210\u672c\u53ca\u80a1\u5e02\u6ce2\u52d5\u7684\u984d\u5916\u5f71\u97ff\u3002<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-3682","post","type-post","status-publish","format-standard","hentry","category-daily"],"_links":{"self":[{"href":"http:\/\/www.banbanli.net\/blog\/index.php?rest_route=\/wp\/v2\/posts\/3682","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.banbanli.net\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.banbanli.net\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.banbanli.net\/blog\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/www.banbanli.net\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3682"}],"version-history":[{"count":2,"href":"http:\/\/www.banbanli.net\/blog\/index.php?rest_route=\/wp\/v2\/posts\/3682\/revisions"}],"predecessor-version":[{"id":3684,"href":"http:\/\/www.banbanli.net\/blog\/index.php?rest_route=\/wp\/v2\/posts\/3682\/revisions\/3684"}],"wp:attachment":[{"href":"http:\/\/www.banbanli.net\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.banbanli.net\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3682"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.banbanli.net\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}