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标题: [读书学习] EWG vs HEWG [打印本页]

作者: angela_c 时间: 2015-3-22 22:55 标题: EWG vs HEWG

Better buy hewg,it uses currency foward to hedge eurusd fx rate,
EWG is probably repriced everyday with spot eurusd fx rate.
So HEWG will be a better Mimic of Dax and minimize fx rate impact

Same to efa and hefa

作者: broswer 时间: 2015-3-22 23:22

多谢

作者: wsjboy 时间: 2015-3-22 23:56

EWG | 0417 0717
0.168| 0.03 0.01
call_v | 21826 2551
m_flo: 0.00
EWG, -,ishares msci germany,- yh fvz gg fool msn stox a
["", "alpha 0.66,"]
12 [5 0 4 3]
~~~~ 150322 2253 ~~~~
Q: 30.26 30.48 30.12 30.26 2.68% | 6479.8K 0.00 | 2.79% 0.741 0.202 0.211
[ 2.14 2.92 2.47 | 30.65 31.14 326 | 28.62 28.16 356 | 29.89 333 | b 6 31.29 29.29 ]
~~~~~~~~~~~~~~~~~~~~~~
[ - CFF - CTT CTT CTT - - - - BBU ]
[w - - - - - - - DTT - - BB- ]
[- - - - - b+ - - - - ]

m_flo: 0.00
HEWG, -,ishares currency hedged msci germany,- yh fvz gg fool msn stox a
["", "alpha 24.82,"]
12 [5 0 3 4]
~~~~ 150322 2253 ~~~~
Q: 28.85 28.91 28.7 28.8 1.16% | 1516.8K 0.00 | 1.52% 0.093 0.438 0.346
[ 1.61 2.20 2.36 | 29.48 29.95 337 | 26.99 26.56 374 | 28.57 355 | b 6 29.82 27.78 ]
~~~~~~~~~~~~~~~~~~~~~~
[ CTT - - - - - - FFF - - BB- ]

作者: wsjboy 时间: 2015-3-22 23:59

EFA | 0327 0402 0410 0417 0424 0501 0515
  0.107| 0.42 7.06 9.47 0.10  18.98  13.10 0.52
call_v | 2781    80 615  70230    51    48 1363
m_flo: 0.00
EFA, -,ishares msci eafe,- yh fvz gg fool  msn  stox  a
["", "alpha -0.27,"]
16 [5 3 4 4]
~~~~ 150322 2256 ~~~~
Q: 65.32 65.9 65.11 65.66 2.21% | 27755.5K 0.00 | 2.21% 1.047 0.104 0.171
[ 1.52 2.08 2.84 | 66.35 67.41 148 | 62.39 61.39 163 | 64.97 157 | b  67.65 63.33 ]
~~~~~~~~~~~~~~~~~~~~~~
[ - CFF - TTT TTT - - CTT - - BB- ]
[w - - CFF - CTT - CTT DTT - - BBU ]

m_flo: 0.00
HEFA, -,ishares currency hedged msci eafe,- yh fvz gg fool msn stox a
["", "alpha 18.46,"]
13 [5 0 4 4]
~~~~ 150322 2256 ~~~~
Q: 28.36 28.45 28.31 28.41 0.85% | 1063.5K 0.00 | 1.14% 0.487 0.255 0.241
[ 0.92 1.26 2.36 | 28.53 28.99 348 | 27.23 26.79 378 | 28.23 355 | b 29.41 27.34 ]
~~~~~~~~~~~~~~~~~~~~~~
[ - CFF - CTT DTT - - - - - BBU ]

作者: apprentice 时间: 2015-3-23 00:09

回复 3# wsjboy

我觉得hedge or not归根结底是美元相对于euro是不是升值，因为欧股的大势还是好的。但是我对美元的升值我觉得阻力会越来越大，在未来。

作者: wsjboy 时间: 2015-3-23 00:12

回复 5# apprentice

To my understanding, hedge should be both direction. Of course, I could be wrong.

作者: apprentice 时间: 2015-3-23 00:33

回复 6# wsjboy

我比较关注的hedj，可能hedj是一个个例，我不确定

这是wisdomtree简介The Index and Fund are designed to have higher returns than an equivalent non-currency hedged investment when the value of the U.S. dollar is increasing relative to the value of the euro, and lower returns when the U.S. dollar declines against the euro. The Fund will invest in stocks of European companies with significant revenue from exports.

显然他们是一贯做空euro的。

顺便问问wsjboy的意见，hedj现在什么价位上船，或者说如果资金有限，欧股，a股和日股你比较看好哪个去做多？

作者: wsjboy 时间: 2015-3-23 00:48

回复 7# apprentice

这是wisdomtree简介The Index and Fund are designed to have higher returns than an equivalent non-currency hedged investment when the value of the U.S. dollar is increasing relative to the value of the euro, and lower returns when the U.S. dollar declines against the euro. The Fund will invest in stocks of European companies with significant revenue from exports.

显然他们是一贯做空euro的。

哈哈，我错了，谢谢！想当然真的不行。

作者: wsjboy 时间: 2015-3-23 00:55

HEDJ | 0417 0515
  0.147| 0.20 0.02
call_v |    530 383
m_flo: 0.00
HEDJ, -,wisdomtree europe hedged equity etf,- yh fvz gg fool  msn  stox  a
["", "alpha 22.95,"]
17 [5 5 3 4]
~~~~ 150322 2353 ~~~~
Q: 66.71 67.06 66.53 66.87 1.12% | 7628.1K 0.00 | 1.39% 0.106 0.314 0.290
[ 1.24 1.70 2.52 | 67.98 69.07 146 | 63.72 62.70 160 | 66.39 150 | b  69.12 64.44 ]
~~~~~~~~~~~~~~~~~~~~~~
[ - F - DTT DTT - - FFF - - BB- ]
[w - - - CTT DTT - - - DTT - BB- ]

作者: wsjboy 时间: 2015-3-23 00:59

没有听说过这个 HEDJ，而且和 EDJ 毫无关系。不知道 “hedj现在什么价位上船”

作者: apprentice 时间: 2015-3-23 01:14

回复 10# wsjboy

谢谢回复！！！！

作者: angela_c 时间: 2015-3-23 13:32

如果 EURUSD 涨了，不是就亏了么，所以要hedge again this case.
如果买了一支股票 DBK，price 120, quantity 100, total 12000 Eur,
EURUSD = 1.2, 那就是10000刀
要是EUR跌，ＵＳＤ涨，当然赚
要是ＥＵＲ涨，比如　ＥＵＲＵＳＤ＝1.3 ，那美元不就是　120*100/1.3 =9230
hedge 就是要防止这种情况

作者: aimei 时间: 2015-3-24 09:45

GOOD ONE
THANKS

作者: letsnada 时间: 2015-3-29 20:02

How about ASHS?

作者: newflower888 时间: 2015-4-7 20:25

Thank you very much

作者: vying10 时间: 2015-4-8 13:36

Thanks a lot!

作者: 缨络 时间: 2015-4-9 03:28

THANK YOU VERY MUCH.

作者: Joanna007 时间: 2015-4-10 00:11

HEDJ-----The WisdomTree Europe Hedged Equity ETF provides investors with exposure to large-cap European equities and an underlying hedge against currency fluctuations between the euro and the U.S. dollar. With the European Central Bank's $1.1-trillion asset purchase (quantitative easing) program, an export-friendly slump in the value of the euro currency and falling oil prices, the outlook for European equities have become attractive. Indeed, Eurozone economic data has continued to run at a very positive level (as measured by the Citigroup Economic Surprise Index). Consensus earnings growth estimates for European equity indexes this year are around 10 per cent.

作者: not4weak 时间: 2015-4-10 21:51

这里新人不少，欢迎来YY！一起成长

作者: angela_c 时间: 2015-4-10 22:45

本帖纯从portfolio management角度来讲的
Etf本身low cost 基金公司估计也不会下成本好好hedge fx rate,

不是投资建议，本人炒股青蛙，

作者: angela_c 时间: 2015-4-10 22:45

本帖纯从portfolio management角度来讲的
Etf本身low cost 基金公司估计也不会下成本好好hedge fx rate,

不是投资建议，本人炒股青蛙，

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