【导读】华夏基金旗下非货ETF规模首次突破1万亿元 随着权益市场回暖、被动投资理念的普及，刚刚站上6万亿元规模的ETF市场再迎里程碑事件。 最新数据显示，华夏基金旗下非货ETF管理规模已超1万亿元，首次突破1万亿元整数关口，成为国内公募行业首家非货ETF规模超万亿元的基金管理人。 业内人士表示，在监管支持、市场需求以及产品优势下，预计ETF市场仍将延续强劲增长势头，头部产品"强者恒强"的格局更为凸显，跟踪高效、费率更 优、流动性更好的产品未来有望脱颖而出。 华夏基金旗下非货ETF规模 首次突破1万亿元 数据显示，截至1月12日净值更新，华夏基金旗下非货ETF管理规模达10165.88亿元，首次突破1万亿元整数关口。 另外，易方达基金非货ETF最新规模已达9232亿元，实现规模快速增长；华泰柏瑞基金非货ETF规模接近6500亿元，跻身前三强。 最新数据还显示，南方基金非货ETF规模为4556亿元，嘉实、广发基金均超3000亿元，国泰、富国、博时基金等都超过2000亿元，汇添富、华宝、鹏华基 金等均跻身"千亿俱乐部"。 规模是市场认可最直观的体现。数据显示，华夏基金旗下权益类ETF年均规模连续21年稳居行业第一（ ...

2026 is here, and in my view, it will be a volatile year in the stock market. This is not a year for passive investment but for active portfolio management. I continue to hold onto the macro view that stocks will end the yearWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on Se ...

Core Insights - The Schwab International Dividend Equity ETF (SCHY) is a passively managed fund aimed at tracking the Dow Jones International Dividend 100 Index, providing low-cost, income-oriented international exposure with a 3.72% dividend yield [2][3][10] Fund Overview - SCHY was launched on April 29, 2021, by Charles Schwab, with an expense ratio of 8 basis points and approximately $1.3 billion in assets under management (AUM) [3][15] - The fund has an average daily trading volume of 364,000 shares, indicating minimal spread risk for investors [3] - SCHY is fully invested in international equities, comprising 103 holdings, primarily mid- to large-cap stocks [7] Performance Metrics - Cumulative returns for SCHY show a year-to-date increase of 18.60% and a one-year return of 12.14% [4] - The fund's annualized return since inception is 5.57%, which is lower compared to peer strategies [4][15] Index and Stock Selection - SCHY is indexed to the Dow Jones International Dividend 100 Index, which includes mid- and large-cap international dividend-paying companies, excluding REITs [5] - The stock screening process involves evaluating fundamental qualities such as free cash flow, return on equity, indicated dividend yield, and 5-year dividend growth rate [5][14] Portfolio Composition - The top three country exposures in SCHY are the UK (15.36%), Australia (12%), and France (11.65%) [7] - The portfolio is heavily weighted towards financials (15%) and consumer staples (14.84%) [7] - The top 10 holdings account for 40% of the total portfolio weight, with British American Tobacco, Wesfarmers, and BHP Group being the largest positions [8] Distribution and Income Strategy - SCHY pays a quarterly distribution rate of $1.05 per share, yielding 3.72% on a trailing twelve-month basis, and has shown annual growth in distributions since inception [10][12] - The fund is suitable for passive income strategies and can be beneficial for tax-deferred accounts like IRAs or 401(k)s [12] Competitive Landscape - SCHY is noted as the lowest-cost strategy among its peers, with a significant AUM of $1.3 billion, although it has underperformed compared to other international dividend income strategies [15] - The Global X MSCI SuperDividend EAFE ETF (EFAS) is highlighted as a top-performing peer, despite its smaller AUM of $30 million [16]