{"id":604967,"date":"2025-11-19T23:50:36","date_gmt":"2025-11-20T07:50:36","guid":{"rendered":"https:\/\/nai500.com\/?p=604967"},"modified":"2025-11-19T23:52:57","modified_gmt":"2025-11-20T07:52:57","slug":"2025%e5%b9%b4-%e5%8d%81%e5%a4%a7-%e9%bb%83%e9%87%91-etf-%e5%9f%ba%e9%87%91-%e6%8a%95%e8%b3%87-%e8%a7%a3%e6%9e%90","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2025\/11\/2025%e5%b9%b4-%e5%8d%81%e5%a4%a7-%e9%bb%83%e9%87%91-etf-%e5%9f%ba%e9%87%91-%e6%8a%95%e8%b3%87-%e8%a7%a3%e6%9e%90\/","title":{"rendered":"2025\u5e74\u5341\u5927\u9ec3\u91d1ETF\u57fa\u91d1\u6295\u8cc7\u89e3\u6790\uff0c\u7e3d\u6709\u4e00\u6b3e\u9069\u5408\u4f60"},"content":{"rendered":"<p>\u96a8\u8457\u570b\u969b\u9ec3\u91d1\u50f9\u683c\u572811\u6708\u7a81\u7834\u6bcf\u76ce\u53f84200\u7f8e\u5143\uff0c\u9ec3\u91d1ETF\u6b63\u6210\u70ba\u6295\u8cc7\u8005\u53c3\u8207\u9ec3\u91d1\u5e02\u5834\u7684\u9996\u9078\u5de5\u5177\u3002\u622a\u81f3\u5468\u4e09\u6536\u76e4\uff0c\u4e3b\u8981\u9ec3\u91d1ETF\u5747\u9304\u5f97\u7a69\u5065\u6f32\u5e45\uff0c\u5176\u4e2dSPDR Gold Shares (<a href=\"https:\/\/nai500.com\/zh-hant\/%E8%82%A1%E7%A5%A8%E6%9F%A5%E8%A9%A2\/?qm_symbol=GLD\">GLD<\/a>)\u6536\u5831374.96\u7f8e\u5143\uff0c\u65e5\u5167\u4e0a\u6f320.16%\u3002\u672c\u6587\u5c07\u6df1\u5165\u5206\u6790\u4e94\u53ea\u5be6\u7269\u9ec3\u91d1ETF\u548c\u4e94\u53ea\u9ec3\u91d1\u7926\u696d\u80a1ETF\uff0c\u70ba\u6295\u8cc7\u8005\u63d0\u4f9b\u5168\u9762\u7684\u914d\u7f6e\u53c3\u8003\u3002<\/p>\n<h3><strong>\u5be6\u7269\u9ec3\u91d1ETF\uff1a\u76f4\u63a5\u53c3\u8207<\/strong><strong>\u9ec3\u91d1\u5e02\u5834<\/strong><strong>\u7684\u6838\u5fc3\u5de5\u5177<\/strong><\/h3>\n<p>\u5be6\u7269\u9ec3\u91d1ETF\u901a\u904e\u6301\u6709\u5be6\u9ad4\u9ec3\u91d1\u689d\u584a\u4f86\u8ddf\u8e64\u73fe\u8ca8\u91d1\u50f9\uff0c\u70ba\u6295\u8cc7\u8005\u63d0\u4f9b\u4e86\u6700\u76f4\u63a5\u7684\u9ec3\u91d1\u6295\u8cc7\u6e20\u9053\uff0c\u540c\u6642\u907f\u514d\u4e86\u6301\u6709\u5be6\u7269\u9ec3\u91d1\u7684\u5b58\u5132\u548c\u4fdd\u96aa\u6210\u672c\u3002<\/p>\n<ol>\n<li><strong><b> SPDR Gold Shares (<a href=\"https:\/\/nai500.com\/zh-hant\/%E8%82%A1%E7%A5%A8%E6%9F%A5%E8%A9%A2\/?qm_symbol=GLD\">GLD<\/a>)<\/b><\/strong><br \/>\n\u4f5c\u70ba\u5168\u7403\u898f\u6a21\u6700\u5927\u7684\u9ec3\u91d1ETF\uff0cGLD\u8cc7\u7522\u7ba1\u7406\u898f\u6a21\u9ad8\u90541391.4\u5104\u7f8e\u5143\uff0c\u662f\u9ec3\u91d1ETF\u5e02\u5834\u7684\u201c\u5de8\u7121\u9738\u201d\u3002\u8a72\u57fa\u91d1\u5b8c\u5168\u6301\u6709\u5be6\u7269\u9ec3\u91d1\u689d\u584a\uff0c\u901a\u904e24\u5c0f\u6642\u5834\u5916\u9ec3\u91d1\u5e02\u5834\u7684\u50f9\u683c\u6a5f\u5236\u4f86\u8ddf\u8e64\u73fe\u8ca8\u91d1\u50f9\u3002\u96d6\u7136\u51760.4%\u7684\u7ba1\u7406\u8cbb\u7387\u5728\u540c\u985e\u7522\u54c1\u4e2d\u504f\u9ad8\uff0c\u4f46\u7121\u8207\u502b\u6bd4\u7684\u6d41\u52d5\u6027\u548c\u898f\u6a21\u6548\u61c9\u4f7f\u5176\u6210\u70ba\u6a5f\u69cb\u6295\u8cc7\u8005\u7684\u9996\u9078\u3002\u6bcf\u500b\u57fa\u91d1\u55ae\u4f4d\u5c0d\u61c9\u4e00\u5b9a\u6bd4\u4f8b\u7684\u5be6\u7269\u9ec3\u91d1\uff0c\u6295\u8cc7\u8005\u53ef\u901a\u904e\u8b49\u5238\u8cec\u6236\u4fbf\u6377\u4ea4\u6613\u3002<\/li>\n<li><strong><b> iShares Gold Trust (<a href=\"https:\/\/nai500.com\/zh-hant\/%E8%82%A1%E7%A5%A8%E6%9F%A5%E8%A9%A2\/?qm_symbol=IAU\">IAU<\/a>)<\/b><\/strong><br \/>\nIAU\u4ee5642.2\u5104\u7f8e\u5143\u7684\u7ba1\u7406\u898f\u6a21\u4f4d\u5c45\u7b2c\u4e8c\uff0c\u5176\u6700\u5927\u512a\u52e2\u5728\u65bc0.25%\u7684\u8f03\u4f4e\u7ba1\u7406\u8cbb\u7387\u3002\u8a72\u57fa\u91d1\u5c07\u5be6\u7269\u9ec3\u91d1\u5b58\u653e\u5728\u7d10\u7d04\u3001\u591a\u502b\u591a\u548c\u502b\u6566\u7b49\u5730\u7684\u5c08\u696d\u91d1\u5eab\u4e2d\uff0c\u901a\u904e\u56b4\u683c\u7684\u98a8\u63a7\u63aa\u65bd\u78ba\u4fdd\u8cc7\u7522\u5b89\u5168\u3002IAU\u7684\u8a2d\u8a08\u4f7f\u5176\u50f9\u503c\u80fd\u5920\u7cbe\u78ba\u53cd\u6620\u9ec3\u91d1\u50f9\u683c\u8868\u73fe\uff0c\u70ba\u4e2d\u9577\u671f\u6295\u8cc7\u8005\u63d0\u4f9b\u4e86\u6210\u672c\u6548\u76ca\u8f03\u9ad8\u7684\u914d\u7f6e\u9078\u64c7\u3002<\/li>\n<li><strong><b> SPDR Gold MiniShares Trust (GLDM)<\/b><\/strong><br \/>\nGLDM\u4ee5\u51760.1%\u7684\u6975\u4f4e\u7ba1\u7406\u8cbb\u7387\u5728\u6210\u672c\u654f\u611f\u578b\u6295\u8cc7\u8005\u4e2d\u5ee3\u53d7\u6b61\u8fce\u3002\u8a72\u57fa\u91d1\u7ba1\u7406\u898f\u6a21\u9054233.3\u5104\u7f8e\u5143\uff0c\u901a\u904e\u201c\u8ff7\u4f60\u4efd\u984d\u201d\u7684\u8a2d\u8a08\u964d\u4f4e\u4e86\u6295\u8cc7\u9580\u6abb\uff0c\u4f7f\u5c0f\u984d\u6295\u8cc7\u8005\u4e5f\u80fd\u53c3\u8207\u9ec3\u91d1\u5e02\u5834\u3002\u5176\u5b8c\u5168\u7531\u5be6\u7269\u9ec3\u91d1\u652f\u6301\u7684\u67b6\u69cb\uff0c\u78ba\u4fdd\u4e86\u8207\u91d1\u50f9\u7684\u9ad8\u5ea6\u76f8\u95dc\u6027\u3002<\/li>\n<li><strong><b> Abrdn Physical Gold Shares ETF (SGOL)<\/b><\/strong><br \/>\nSGOL\u7684\u7ba1\u7406\u898f\u6a21\u70ba69.5\u5104\u7f8e\u5143\uff0c\u7ba1\u7406\u8cbb\u73870.17%\u3002\u8a72\u57fa\u91d1\u7684\u7279\u8272\u5728\u65bc\u56b4\u683c\u7684\u8cea\u91cf\u63a7\u5236\u2014\u2014\u50c5\u6301\u67092012\u5e741\u67081\u65e5\u5f8c\u7cbe\u7149\u7684\u502b\u6566\u5408\u683c\u4ea4\u5272\u91d1\u689d\uff0c\u6240\u6709\u9ec3\u91d1\u5747\u5b58\u653e\u5728\u502b\u6566\u7684\u5c08\u696d\u91d1\u5eab\u3002\u9019\u7a2e\u5c0d\u54c1\u8cea\u7684\u5805\u6301\u4f7f\u5176\u5728\u9ad8\u7aef\u6295\u8cc7\u8005\u4e2d\u9817\u5177\u53e3\u7891\u3002<\/li>\n<li><strong><b> iShares Gold Trust Micro (IAUM)<\/b><\/strong><br \/>\nIAUM\u4ee5\u51760.09%\u7684\u884c\u696d\u6700\u4f4e\u7ba1\u7406\u8cbb\u7387\u5f15\u9818\u5e02\u5834\uff0c\u7ba1\u7406\u898f\u6a2155.2\u5104\u7f8e\u5143\u3002\u4f5c\u70ba\u6700\u7d93\u6fdf\u7684\u5be6\u7269\u9ec3\u91d1ETF\u9078\u64c7\uff0c\u8a72\u57fa\u91d1\u70ba\u6295\u8cc7\u8005\u63d0\u4f9b\u4e86\u53c3\u8207\u9ec3\u91d1\u5e02\u5834\u7684\u6700\u4f4e\u6210\u672c\u9014\u5f91\uff0c\u7279\u5225\u9069\u5408\u5b9a\u6295\u7b56\u7565\u7684\u57f7\u884c\u3002<\/li>\n<\/ol>\n<h3><strong>\u9ec3\u91d1\u7926\u696d\u80a1ETF\uff1a\u628a\u63e1\u884c\u696d\u589e\u9577\u6a5f\u9047<\/strong><\/h3>\n<p>\u9ec3\u91d1\u7926\u696d\u80a1ETF\u901a\u904e\u6295\u8cc7\u91d1\u7926\u4f01\u696d\u80a1\u7968\uff0c\u70ba\u6295\u8cc7\u8005\u63d0\u4f9b\u4e86\u53c3\u8207\u9ec3\u91d1\u884c\u696d\u7684\u53e6\u4e00\u7a2e\u6760\u6746\u65b9\u5f0f\u3002\u9019\u985e\u7522\u54c1\u4e0d\u50c5\u53d7\u76ca\u65bc\u91d1\u50f9\u4e0a\u6f32\uff0c\u9084\u80fd\u6355\u6349\u4f01\u696d\u6210\u9577\u5e36\u4f86\u7684\u8d85\u984d\u6536\u76ca\u3002<\/p>\n<ol>\n<li><strong><b> VanEck Gold Miners ETF (<a href=\"https:\/\/nai500.com\/zh-hant\/%E8%82%A1%E7%A5%A8%E6%9F%A5%E8%A9%A2\/?qm_symbol=GDX\">GDX<\/a>)<\/b><\/strong><br \/>\nGDX\u4ee5238.9\u5104\u7f8e\u5143\u7684\u7ba1\u7406\u898f\u6a21\u4f4d\u5c45\u7926\u696dETF\u9996\u4f4d\uff0c\u8cbb\u7387\u70ba0.51%\u3002\u8a72\u57fa\u91d1\u91cd\u9ede\u6295\u8cc7\u5168\u7403\u5927\u578b\u91d1\u7926\u4f01\u696d\uff0c\u8fd190%\u6301\u5009\u70ba\u5e02\u503c\u8d85\u904e50\u5104\u7f8e\u5143\u7684\u516c\u53f8\u3002\u524d\u4e09\u5927\u6301\u5009\u5305\u62ecAgnico Eagle Mines(7.9%)\u3001Newmont(7.15%)\u548cAngloGold Ashanti(5.71%)\u7b49\u884c\u696d\u9f8d\u982d\u3002\u57fa\u91d1\u6bcf\u5b63\u5ea6\u8abf\u6574\u6301\u5009\uff0c\u78ba\u4fdd\u6295\u8cc7\u7d44\u5408\u8cea\u91cf\u3002<\/li>\n<li><strong><b> VanEck Junior Gold Miners ETF (<a href=\"https:\/\/nai500.com\/zh-hant\/%E8%82%A1%E7%A5%A8%E6%9F%A5%E8%A9%A2\/?qm_symbol=GDXJ\">GDXJ<\/a>)<\/b><\/strong><br \/>\nGDXJ\u7ba1\u7406\u898f\u6a2186.6\u5104\u7f8e\u5143\uff0c\u5c08\u6ce8\u65bc\u4e2d\u5c0f\u578b\u91d1\u7926\u4f01\u696d\uff0c\u96d6\u7136\u98a8\u96aa\u8f03\u9ad8\uff0c\u4f46\u589e\u9577\u6f5b\u529b\u66f4\u70ba\u986f\u8457\u3002\u5176\u4e3b\u8981\u6301\u5009\u5305\u62ecPan American Silver(6.45%)\u3001Equinox Gold(6.39%)\u7b49\u6210\u9577\u578b\u4f01\u696d\u3002\u8a72\u57fa\u91d1\u57283\u6708\u548c9\u6708\u9032\u884c\u6301\u5009\u5be9\u6838\uff0c\u70ba\u6295\u8cc7\u8005\u63d0\u4f9b\u4e86\u53c3\u8207\u7926\u696d\u4f01\u696d\u65e9\u671f\u6210\u9577\u968e\u6bb5\u7684\u6a5f\u6703\u3002<\/li>\n<li><strong><b> iShares MSCI Global Gold Miners ETF (RING)<\/b><\/strong><br \/>\nBlackRock\u65d7\u4e0b\u7684RING\u57fa\u91d1\u7ba1\u7406\u898f\u6a2126.3\u5104\u7f8e\u5143\uff0c\u8cbb\u73870.39%\u3002\u8a72\u57fa\u91d1\u8ddf\u8e64MSCI\u5168\u7403\u9ec3\u91d1\u7926\u5546\u6307\u6578\uff0c\u6301\u5009\u5206\u6563\u4e14\u5747\u8861\u3002Newmont(15.85%)\u3001Agnico Eagle(13.33%)\u548cBarrick Gold(8.92%)\u70ba\u5176\u524d\u4e09\u5927\u6301\u5009\uff0c\u9ad4\u73fe\u4e86\u5c0d\u884c\u696d\u9f8d\u982d\u4f01\u696d\u7684\u5074\u91cd\u3002<\/li>\n<li><strong><b> Sprott Gold Miners ETF (SGDM)<\/b><\/strong><br \/>\nSGDM\u7ba1\u7406\u898f\u6a216.11\u5104\u7f8e\u5143\uff0c\u8cbb\u73870.5%\u3002\u8a72\u57fa\u91d1\u7368\u7279\u4e4b\u8655\u5728\u65bc\u91c7\u7528\u591a\u56e0\u5b50\u7b56\u7565\u8ddf\u8e64\u9ec3\u91d1\u7926\u696d\u80a1\uff0c\u91cd\u9ede\u6301\u5009\u5305\u62ecAgnico Eagle(12.41%)\u3001Newmont(8.92%)\u548cWheaton Precious Metals(7.83%)\u7b49\u512a\u8cea\u4f01\u696d\u3002\u5b63\u5ea6\u518d\u5e73\u8861\u6a5f\u5236\u78ba\u4fdd\u6295\u8cc7\u7d44\u5408\u6301\u7e8c\u512a\u5316\u3002<\/li>\n<li><strong><b> Sprott Junior Gold Miners ETF (SDGJ)<\/b><\/strong><br 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