Winning with ETF Strategies - Top Asset Managers Share Their Methods for Beating the Market

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1、WinningwithETFStrategiesTopAssetManagersShareTheirMethodsforBeatingtheMarketMaxIsaacmanContentsIntroduction.....................................1Chapter1:TheEvolutionofETFs............................5ObjectiveoftheOriginalETFs.......................6DevelopmentofNewandDifferentETFs..........

2、....8TheLaunchof“Intelligent”ETFs................9NewETFsUseUniqueStrategies...............10InvestmentOpportunitywiththeNewETFs......12Chapter2:HowMarketsMove..............................15OpportunitiestoTradeMarketMovesinBearandBullMarkets....................................16UsingETFstoMa

3、ximizeReturnsinSideways-to-DownMarkets........................................17TheImportanceofPickingtheRightSectors...........18RiskCyclesandMarketReturns.....................21Chapter3:Long-TermandShort-TermMarketTimingandInvesting......................................25TheRiskandRewardofM

4、arketTiming...............25Long-TermInvestingUsingIndexes..................28TheReasontoBuyIndexesforLong-TermInvesting.............................30Chapter4:UnderstandingIndex-WeightingChoices............31IsCapWeightingtheBestWaytoWeightETFs?.......32AreMarketsEfficient?..................

5、...........34WhichIsBetter:CapWeightingorAlternativelyWeighting?.....................................35viWINNINGWITHETFSTRATEGIESChapter5:FundamentalIndexing............................37ComparingEqual-WeightedIndexesandCap-WeightedIndexes........................................39PortfolioUnd

6、erperformanceProblems................40WaystoEnhancePerformance......................41FundamentalandCapitalizationWeightinginU.S.StockSectorWeighting................................43GlobalStock:Rolling12-MonthAverageCountryWeights...................................47Chapter6:iShares........

7、................................51Zero-SumMarketGame...........................52Cap-WeightedIndexesFillaNeed...................54WeightingOtherThanCapWeightingIsMakingaBet...55SlicingandDicingCap-WeightedIndexes.............56MakingBetsUsing