世界の投資家が選ぶバンガードETF

1 ETF.. Not For for public For institutional financial distribution. use advisor and Not for public distribution. investor use only. Not for public distribution.. ETF 400 . CEO . 17,500 . 2019 8 31 . Not For Public Distribution. 2. C 1929-2019 . Not For Public Distribution. 3.. Not For Public Distribution. 4.. Not For Public Distribution. 5.. Framework of choosing the right ETF. % .. Not For Public Distribution. 6.. 1 2 3 4 .. Not For Public Distribution. 7.. 1 .. Not For Public Distribution. 8.. Not For Public Distribution. 9.. Not For Public Distribution. 10.. Not For Public Distribution. 11.. 1976 .. 500 .. S&P 500 .. Not For Public Distribution. 12.. 10,000. 0. 1,000. 2,000. 3,000. 4,000. 5,000. 6,000. 7,000. 8,000. 9,000. 1976 8 . 1977 8 . 1978 8 . Vanguard 1979 8 . 1980 8 . 1981 8 . 1982 8 . 1983 8 . 1984 8 . 1985 8 . 1986 8 . 1976 8 100 . 1987 8 .. 1988 8 . 1989 8 . 1990 8 . 1991 8 . 1992 8 .. 1993 8.

2 1994 8 . 1995 8 . 1996 8 . 1997 8 . 1998 8 . 1999 8 . 2000 8 . 2001 8 . 2002 8 . 2003 8 . 2004 8 . 2005 8 . 2006 8 . 2007 8 . 2008 8 . 2009 8 . 2010 8 . 2011 8 . 2012 8 . 2013 8 . 2014 8 . 2015 8 . 2016 8 . 2017 8 . 2018 8 . S&500 . Not For Public Distribution. 13.. 2010 2011 2012 2013 2014 2015 2016 2017 2018. 100%. 0%.. Sources: Strategic Insight and Vanguard, as of December 31, 2018. Year to date begins on January 1 of the specified calendar year. *Long-term funds include equity and fixed income mutual funds and ETFs domiciled in the US. Not For Public Distribution. 14.. ETF 2019 9 30 .. 1 VT Vanguard TOTAL WORLD STOCK ETF. 2 VTI Vanguard TOTAL STOCK MKT ETF. 3 PFF ishares Preferred Stock ETF. 4 VOO Vanguard S&P 500 ETF.. 5 IVV ishares Core S&P 500 ETF. 6 SPY SPDR S&P 500 ETF TRUST. 7 VWO Vanguard FTSE emerging Markets ETF. 8 VYM Vanguard High Dividend Yield ETF. 9 TOK ishares MSCI KOKUSAI INDEX. 10 LQD ishares iBoxx $ Investment Grade Corporate Bond ETF.

3 Not For Public Distribution. 15.. NISA ETF 2019 9 30 .. 1 VT Vanguard TOTAL WORLD STOCK ETF. 2 VOO Vanguard S&P 500 ETF. 3 VTI Vanguard TOTAL STOCK MKT ETF.. 4 PFF ishares Preferred Stock ETF. 5 VYM Vanguard High Dividend Yield ETF. 6 VWO Vanguard FTSE emerging Markets ETF. 7 HDV ishares Core High Dividend ETF. 8 SPY SPDR S&P 500 ETF TRUST. 9 IVV ishares Core S&P 500 ETF. 10 QQQ Invesco QQQ Trust .. Not For Public Distribution. 16. by . VT ETF . FTSE ETF.. 47 8,000 . 98 .. 175 .. * . 2019 6 30 . Not For Public Distribution. 17.. X. ETF .. NISA . Not For Public Distribution. 18.. NISA.. VT .. VTI .. VWO .. VYM .. Not For Public Distribution. 19.. NISA. 70 .. 30 . VT /. 50 .. 50 .. 30 .. 70 . Not For Public Distribution. 20.. Not For Public Distribution. 21.. Not For Public Distribution. 22. ETF .. 2019 8 31 . For For institutional use and financial advisor Not for public distribution. investor use only. Not for public distribution.

4 2019 8 31 . ETF ( ) .. ETF.. ETF 10 ETF 1 3 5 10 . 1 FTSE ( )ETF VEU FTSE ( ) $ 3,101 2007/03/02. FTSE ( ) FTSE ( ) . 2 VSS $ 3,664 2009/04/02. ETF .. 3 FTSE ( )ETF VEA FTSE ( ) $ 3,959 2007/07/20. FTSE . 4 FTSE ETF VWO $ 4,729 2005/03/04. ( A ) . 5 FTSE ETF VGK FTSE $ 1,356 2005/03/04. FTSE . 6 FTSE ETF VPL $ 2,326 2005/03/04.. 7 VXUS FTSE ( ) $ 7,089 -- 2011/01/26. ( )ETF. 8 ETF VT FTSE $ 8,192 2008/06/24. 1 ETF VUG CRSP US $ 294 2004/01/26. 2 ETF VV CRSP US $ 600 2004/01/27. 3 ETF MGC CRSP US $ 262 2007/12/17. 4 ETF MGK CRSP US $ 121 2007/12/17. 5 ETF MGV CRSP US $ 156 2007/12/17.. 6 1000 ETF VONE 1000 $ 999 -- 2010/09/20.. 7 1000 ETF VONG 1000 $ 526 -- 2010/09/20.. 8 1000 ETF VONV 1000 $ 760 -- 2010/09/20. $ 3,031 -- 2010/09/20. 9 3000 ETF VTHR 3000 10 S&P500 ETF VOO S&P500 $ 508 -- 2010/09/07. 11 S&P500 ETF VOOG S&P500 $ 296 -- 2010/09/07. 12 S&P500 ETF VOOV S&P500 $ 384 -- 2010/09/07. 13 ETF VTI CRSP US $ 3,591 2001/05/24.

5 14 ETF VTV CRSP US $ 349 2004/01/26. Not For Public Distribution. 24. 2019 8 31 . ETF ( ) . ETF.. 10 ETF 1 3 5 10 . ETF . 1 ETF VXF S&P $ 3,282 2001/12/27. $ 355 2004/01/26. 2 ETF VO CRSP US .. 3 ETF VOT CRSP US $ 177 2006/08/17.. $ 207 2006/08/17. 4 ETF VOE CRSP US .. 5 S&P 400 ETF IVOO S&P 400 $ 400 -- 2010/09/07. 6 S&P 400 ETF IVOG S&P 400 $ 245 -- 2010/09/07. 7 S&P 400 ETF IVOV S&P 400 $ 296 -- 2010/09/07. 1 2000 ETF VTWO 2000 $ 2,036 -- 2010/09/20. 2 2000 ETF VTWG 2000 $ 1,335 -- 2010/09/20. 3 2000 ETF VTWV 2000 $ 1,620 -- 2010/09/20.. 4 S&P 600 ETF VIOO S&P 600 $ 602 -- 2010/09/07.. 5 S&P 600 ETF VIOG S&P 600 $ 335 -- 2010/09/07.. 6 S&P 600 ETF VIOV S&P 600 $ 448 -- 2010/09/07. 7 ETF VB CRSP US $ 1,398 2004/01/26. 8 ETF VBK CRSP US $ 611 2004/01/26. 9 ETF VBR CRSP US $ 858 2004/01/26. Not For Public Distribution. 25. 2019 8 31 . ETF ( ) . ETF.. ETF 10 ETF 1 3 5 10 . MSCI US . 1 ETF VCR $ 301 2004/01/26.

6 25/50 . MSCI US . 2 ETF VDC $ 90 2004/01/26. 25/50 . MSCI US . 3 ETF VDE $ 136 2004/09/23. 25/50 . MSCI US . 4 ETF VFH $ 423 2004/01/26. 25/50 .. VHT MSCI US . $ 389 2004/01/26. 5 ETF 25/50 .. MSCI US . ETF VIS $ 354 2004/09/23. 6 25/50 . MSCI US . 7 ETF VGT $ 329 2004/01/26. 25/50 . MSCI US . 8 ETF VAW $ 119 2004/01/26. 25/50 . MSCI US . 9 ETF VOX $ 114 2004/09/23. 25/50 . MSCI US . 10 ETF VPU $ 69 2004/01/26. 25/50 .. NASDAQ US . 1 ETF VIG $ 184 2006/04/21.. 2 ETF VYM FTSE $ 418 2006/11/10. Not For Public Distribution. 26. 2019 8 31 . ETF( ) . ETF.. ETF 10 ETF 1 3 5 10 .. 1. ETF VWOB $ 692 -- 2013/05/31.. RIC .. ETF. 2 BNDX ( ) RIC $ 5,992 -- 2013/05/31. ( ). ( ). STRIPS. 1 ETF EDV $ 81 2007/12/06. (20-30 ) . /. 2 ETF BIV $ 1,830 2007/04/03. (5-10 ) . $ 1,784 -- 2009/11/19. 3 ETF VCIT (5-10 ) .. 4 ETF VGIT $ 117 -- 2009/11/19. 3-10 . /. BLV $ 2,224 2007/04/03. 5 ETF (10 ) .. 6 ETF VCLT $ 1,994 -- 2009/11/19.

7 (10 ) .. 7 ETF VGLT $ 51 -- 2009/11/19. 10 . MBS. 8 ETF VMBS $ 644 -- 2009/11/19.. TIPS. 9 ETF VTIP $ 17 -- 2012/10/12. (0-5 ) ( L). /. 10 ETF BSV $ 2,425 2007/04/03. (1-5 ) . $ 2,244 -- 2009/11/19. 11 ETF VCSH (1-5 ) .. 12 ETF VGSH $ 94 -- 2009/11/19. 1-3 .. 13 ETF BND $ 8,603 2007/04/03.. Not For Public Distribution. 27. 2019 8 31 . ETF ( ) . ETF .. ETF 10 ETF 1 3 5 10 . FTSE ( 2013/05/1. 1 FTSE ( )ETF 2805 HK$ 1,154 -- ) 0. FTSE ( ) FTSE ( 2014/06/1. ETF 3085 HK$ 392 -- ) 0. 2. UCITS ETF ( ).. ETF.. ETF 10 ETF 1 3 5 10 . 1 FTSE100 UCITS ETF 2012/05/2. VUKE FTSE100 101 -- 2. FTSE VHYL / FTSE 2013/05/2. $ 1,489 -- 2 UCITS ETF VHYD 1. FTSE VAPX / FTSE ( ) 2013/05/2. $ 376 -- 3 ( ) UCITS ETF VDPX 1. FTSE 2013/05/2. 4 VEUR FTSE 610 -- UCITS ETF 1. UCITS ETF ( ) . ETF .. ETF 10 ETF 1 3 5 10 .. UCITS ETF VGOV 44 -- 2012/05/22.. Not For Public Distribution. 28.. ( ) ETF ( ETF ) . ETF . ETF .. ETF .. ETF ETF ETF.

8 ETF .. ETF .. ETF ETF ETF ETF .. ETF ETF .. Not For Public Distribution. 29.. ETF ETF ETF ETF . ETF ETF ETF . ETF ETF . ETF . Vanguard Vanguard ETF Vanguard ETFs The Vanguard Group, Inc.. BLOOMBERG Bloomberg Finance BARCLAYS . Barclays Bank Plc . BLOOMBERG BARCLAYS INDICES .. London Stock Exchange Group companies FTSE International Limited FTSE Frank Russell Company Russell MTS Next Limited MTS FTSE TMX Global Debt Capital Markets Inc FTSE TMX . FTSE Russell FTSE Russell MTS FTSE TMX FTSE Russell London Stock Exchange Group companies . FTSE MTS FTSE TMX Russell . London Stock Exchange Group companies London Stock Exchange Group companies . FTSE Russell FTSE Russell .. MSCI MSCI . MSCI .. Dividend Achievers The NASDAQ OMX Group, Inc. NASDAQ OMX The Vanguard Group, Inc. NASDAQ OMX . NASDAQ OMX . NASDAQ OMX . S&P 500 S&P 500 Growth S&P 500 Value S&P Completion S&P Mid-Cap 400 S&P Mid-Cap 400 Growth S&P Mid-Cap 400 Value S&P Small-Cap 600 S&P Small-Cap 600 Growth.

9 S&P Small-Cap 600 Value S&P Dow Jones Indices LLC SPDJI Standard & Poor's S&P Standard & Poor's Financial Services LLC S&P Dow Jones Dow Jones Trademark Holdings LLC Dow Jones S&P S&P 500 S&P . SPDJI SPDJI Dow Jones S&P S&P 500 S&P. 500 S&P 500 S&P 400 S&P 400 S&P 400 S&P 600 S&P . 600 S&P 600 . S&P 500 S&P 500 Growth S&P 500 Value S&P Completion S&P Mid-Cap 400 S&P Mid-Cap 400 Growth S&P Mid-Cap 400 Value S&P Small-Cap 600 S&P Small-Cap 600 Growth S&P Small-Cap 600 Value . Not For Public Distribution. 30.. 1000 1000 1000 2000 2000 2000 3000 Russell Investments . The Vanguard Group, Inc. Russell Investments .. Morningstar data 2019 Morningstar, Inc. All rights reserved. Morningstar . Morningstar Morningstar .. Thomson Reuters. All rights reserved. Lipper Leader . Lipper Leaders . Lipper Lipper Lipper .. CFA CFA .. The Vanguard Group, Inc.. 146 .. 2019 The Vanguard Group, Inc. All rights reserved. Not For Public Distribution.

10 31.. 195 .. 32.. ETF . ETN . REIT .. 1 .. 0 20 22 . 500 550 5,000 5,500 . 500 550 .. SEC Fee .. 2,000 2,200 . 33. ETF ETN ( . ETF/ETN . ETF/ETN ETF/ETN ETF/ETN . ETF/ETN .. ETF/ETN ET/ETN . ETF/ETN . ETF/ETN .. ETF . ETF OTC ETF ETF ETF OTC . ETF .. ETN . ETN . ETN .. HP ETF ETN . 34.)