Sunfortzone

這張表整理的是台股淨值規模前十大的 ETF，特別比較了它們近一年的殖利率表現。從數字來看，整體大致分成三個層級。
首先，表現最亮眼的是群益台灣精選高息（00919），近一年的殖利率高達 13.3%，遙遙領先其他同類型基金。緊接著是元大高股息（0056），也有 11.6% 的水準，算是投資人熟知的「老牌高息 ETF」，穩定度與殖利率都很吸引人。第三名則是元大台灣高息低波（00713），殖利率 10.5%，它主打「低波動、高股息」，在近一年的配息表現上也相當不錯。
中段班的表現落在 9% 左右，像是國泰永續高股息（00878），雖然不到前幾名的水準，但仍交出 9.3% 的殖利率，對於追求長期穩健配息的投資人來說，仍是一個可靠的選擇。至於群益 ESG 投等債 20+（00937B），殖利率 6.6%，也在水準之上，但相比高股息 ETF，吸引力略遜一籌。

最後一個層級，大多落在 5% 左右的水準，包括元大台灣50（0050）5.7%、復華台灣科技優息（00929）5.9%、元大美債20年（00679B）5.1%、國泰20年美債（00687B）5.5%，以及富邦台50（006208）僅 1.5%，是所有 ETF 當中殖利率最低的。
總體來說，這十檔 ETF 呈現了明顯的分化：如果追求高配息，00919、0056、00713 無疑是近期的明星；若偏好穩健或分散風險，中段與低殖利率的標的仍有其存在價值，但在「近一年殖利率」這個單一指標上，顯然沒有前者亮眼。

台股ETF統整表:
sunfortzone.com/?_inputs_&table_vt=%22%E5%8F%B0%E8…

3 months ago | [YT] | 1

Sunfortzone

From a 10-year long-term holding perspective:



- Focused investing outperforms market-cap-weighted ETFs.
- Market-cap-weighted ETFs outperform high-dividend ETFs.
- High-dividend ETFs outperform bond ETFs.



Assume an investor allocated $100K to each of these four strategies 10 years ago:



- Focus Investing is represented by Apple (AAPL).
- Market-cap-weighted ETF is represented by the Vanguard S&P 500 ETF (VOO).
- High-dividend ETF is represented by the Vanguard Dividend Appreciation ETF (VIG).
- Bond ETF is represented by the Vanguard Total Bond Market ETF (BND).



After 10 years, the final portfolio values of these strategies are:


- AAPL: $884K
- VOO: $342K
- VIG: $302K
- BND: $116K



Ranked by geometric average annual return:



1. Focused Investing: 24.4%
2. Market-cap-weighted ETF: 13.3%
3. High-dividend ETF: 11.9%
4. Bond ETF: 1.5%



Which one do you favor?

1 year ago | [YT] | 0

Sunfortzone

散熱雙雄奇鋐和雙鴻在這股AI破壞式創新中功不可沒，持續從氣冷往水冷發展!

1 year ago | [YT] | 2

Sunfortzone

大家好，請大家有空幫我們做個3~5分鐘的問券，我們想要了解大家對手機，房子，車子與伴侶的偏好，感謝大家

forms.gle/JXtxuxiw2crmCuaQ7

1 year ago | [YT] | 2

Sunfortzone

Global Semiconductors Giants Quarterly Sales Comparisons with TSMC, Intel, ASML etc



Global Semiconductors Giants Quarterly Sales Comparisons



In this video, we compare the quarterly sales for the major players in the semiconductors industry. Those big companies, ordered from the largest quarterly sales in the fourth quarter of 2022 to the smallest, are Taiwan Semiconductor Manufacturing Company, Intel, Qualcomm, Broadcom, ASML, Texas Instrument, STMicroelectronics, Micron, and XNP Semiconductor. The data is from the first quarter of 2000 to the fourth quarter of 2022. Sales amounts are all in million USD.


The key insight in this video is that since the second quarter of 2022, TSMC beats Intel in terms of quarterly sales. TSMC has the advantage of more advanced chip making technology and higher yield rates.




Welcome to Sunfortzone, our goal is to help value investors understand more about their investments.
If you want to grow on the path of value investing, please subscribe to our channel and click the like button on the video.
Wall streets make money on activities, we, as value investors, make money on inactivities.



Here we would like to recommend a great book called The Intelligent Investor by Benjamin Graham. The book is suggested by value investor Warren Buffet. As Warren Buffet said, Chapters 8 and 20 in this book have been the bedrock of my investing activities for more than 60 years. I suggest that all investors read those chapters and reread them every time the market has been especially strong or weak. The link of the ebook is in the description below, you can read it a little bit for free in the Kindle.




Quarterly sales refer to the revenue generated by a company over a period of three months, typically one quarter of a fiscal year. In financial statement analysis, quarterly sales are an important metric that investors and analysts use to evaluate a company's performance and growth potential. Sales is also an important metric to evaluate how much value a company can deliver to the mmarketplace.


Samsung, a Korean semiconductor company, is one of the big players in the chip making industry. However, as of now, we're unable to find reliable quarterly sales data of Korean companies. We're eager to parse Korean fundamental data in the future.


Brief Introduction of the Global Semiconductors Industry


The global semiconductor industry refers to the design, development, production, and sale of semiconductor devices, which are used in a wide range of electronic products such as computers, smartphones, automotive electronics, and many others. The industry is highly competitive and dynamic, with constant innovation and technological advancements driving growth and change.


The semiconductor industry has experienced significant growth over the past few decades, with increasing demand for electronic products worldwide. The industry is dominated by a few large players, with companies such as Intel, Samsung, and TSMC holding significant market share.

The industry is characterized by rapid changes in technology and high R&D expenses, with companies investing heavily in research to develop new and innovative semiconductor products. The industry is also highly cyclical, with demand influenced by factors such as global economic conditions, consumer spending, and technological innovation.

The semiconductor industry has a significant impact on global economies, providing high-paying jobs and driving innovation in a wide range of industries. The industry has also faced challenges related to supply chain disruptions, trade tensions, and geopolitical risks, highlighting the importance of resilience and flexibility in the face of global uncertainties.


Introduction of Taiwan Semiconductor Manufacturing Company


Taiwan Semiconductor Manufacturing Company Limited, also called TSMC, is a Taiwanese multinational semiconductor contract manufacturing and design company. It is the world's most valuable semiconductor company, the world's largest dedicated independent pure-play semiconductor foundry, and one of Taiwan's largest companies, with its headquarters and main operations located in the Hsinchu Science Park in Hsinchu. It is majority owned by foreign investors.


Founded in Taiwan in 1987 by Morris Chang, TSMC was the world's first dedicated semiconductor foundry and has long been the leading company in its field. When Chang retired in 2018, after 31 years of TSMC leadership, Mark Liu became chairman and C. C. Wei became Chief Executive. It has been listed on the Taiwan Stock Exchange since 1993. In 1997 it became the first Taiwanese company to be listed on the New York Stock Exchange as symbol TSM. Since 1994, TSMC has had a compound annual growth rate of 17.4% in revenue and a compound annual growth rate of 16.1% in earnings.



Most of the leading fabless semiconductor companies such as AMD, Apple, ARM, Broadcom, Marvell, MediaTek, Qualcomm and Nvidia, are customers of TSMC, as are emerging companies such as Allwinner Technology, HiSilicon, Spectra7, and UNISOC. Leading programmable logic device companies Xilinx and previously Altera also make use of TSMC's foundry services. Some integrated device manufacturers that have their own fabrication facilities, such as Intel, NXP, STMicroelectronics and Texas Instruments, outsource some of their production to TSMC. At least one semiconductor company, LSI, re-sells TSMC wafers through its ASIC design services and design IP portfolio.


TSMC has a global capacity of about thirteen million 300 mm-equivalent wafers per year as of 2020 and makes chips for customers with process nodes from 2 microns to 5 nanometres. TSMC was the first foundry to market 7-nanometre and 5-nanometre production capabilities, used by the 2020 Apple A14 and M1 SoCs and the MediaTek Dimensity 8100, and the first to commercialize extreme ultraviolet lithography technology in high volume, also called EUV.


Thanks for spending your valuable time with us! If you like our content, please like and subscribe to our channel to get more valuable content. Furthermore, please visit our website for more data-driven insights, and join our Discord server to discuss with other investors.

2 years ago | [YT] | 2