<p>這並不是秘密：國會議員們經常像我們其他人一樣買賣股票。但與我們大多數人沒有關於所買賣公司的內部信息不同，美國的眾議員和參議員通常確實擁有這樣的信息。他們也常常受到這些公司的遊説，以支持或反對某項提案。這一切加起來形成了一個重要的利益衝突，這就是為什麼有人呼籲禁止國會交易。</p>
<p>然而，無論你認為這完全沒問題還是令人擔憂，聯邦立法者仍在繼續交易。如果你願意，現在你也可以和他們一起交易。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzE0ODYvZ2V0dHktY2FwaXRvbC1hbmQtYW1lcmljYW4tZmxhZy1wb2xpdGljcy13YXNoaW5ndG9uLmpwZyZ3PTcwMA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzE0ODYvZ2V0dHktY2FwaXRvbC1hbmQtYW1lcmljYW4tZmxhZy1wb2xpdGljcy13YXNoaW5ndG9uLmpwZyZ3PTcwMA"/></p>
<p>圖片來源：Getty Images。</p>
<h2>認識兩隻跟蹤民主黨和共和黨交易的新 ETF</h2>
<p>交易所交易基金（ETF）是一種像股票一樣交易的基金。這兩隻基金旨在與國會議員一起交易，基於可用記錄買賣他們所做的交易。</p>
<p><strong>Unusual Whales Subversive Democratic ETF</strong>（NANC -0.33%）和 <strong>Unusual Whales Subversive Republican ETF</strong>（GOP -0.16%）於 2023 年 2 月 7 日推出。民主黨 ETF 的代碼是以南希·佩洛西命名的，而共和黨 ETF 的代碼則是以特德·克魯茲命名的——儘管後者在今年早些時候更改為一個較舊政治 ETF 的代碼 “GOP”（代表 “偉大的老黨”）。</p>
<p>這兩隻 ETF 的費用比率（年費）為 0.74%，這意味着你每投資 1,000 美元在基金中，每年需支付 7.40 美元。</p>
<p>儘管這兩隻 ETF 都沒有足夠的時間來建立較長的業績記錄，以下是每隻 ETF 的表現。我還包括了 <strong>Vanguard S&amp;P 500 ETF</strong>（VOO -0.35%）的平均收益，以供比較：</p>
<table>
<thead>
<tr>
<th>期間</th>
<th>民主黨 ETF</th>
<th>共和黨 ETF</th>
<th>Vanguard S&amp;P 500 ETF</th>
</tr>
</thead>
<tbody>
<tr>
<td>年初至今</td>
<td>13.52%</td>
<td>12.73%</td>
<td>11.44%</td>
</tr>
<tr>
<td>過去 12 個月</td>
<td>20.33%</td>
<td>15.37%</td>
<td>17.75%</td>
</tr>
<tr>
<td>2024</td>
<td>26.83%</td>
<td>14.45%</td>
<td>24.98%</td>
</tr>
</tbody>
</table>
<p>數據來源：Morningstar.com，截至 8 月 28 日。</p>
<p>民主黨 ETF 顯然表現更好，但請記住，我們甚至沒有三年的完整業績來進行評估。</p>
<p>以下是每隻 ETF 的更詳細介紹。</p>
<h3>Unusual Whales Subversive Democratic ETF</h3>
<p>民主黨 ETF 中包含了什麼？看看它的前 10 大持股：</p>
<table>
<thead>
<tr>
<th>股票</th>
<th>ETF 中的權重</th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>英偉達</strong></td>
<td>10.45%</td>
</tr>
<tr>
<td><strong>微軟</strong></td>
<td>7.93%</td>
</tr>
<tr>
<td><strong>亞馬遜</strong></td>
<td>5.20%</td>
</tr>
<tr>
<td><strong>字母表</strong> C 類</td>
<td>4.29%</td>
</tr>
<tr>
<td><strong>蘋果</strong></td>
<td>3.71%</td>
</tr>
<tr>
<td><strong>Artivion</strong></td>
<td>3.36%</td>
</tr>
<tr>
<td><strong>Salesforce</strong></td>
<td>3.26%</td>
</tr>
<tr>
<td><strong>菲利普·莫里斯國際</strong></td>
<td>3.10%</td>
</tr>
<tr>
<td><strong>美國運通</strong></td>
<td>3.03%</td>
</tr>
<tr>
<td><strong>奈飛</strong></td>
<td>2.97%</td>
</tr>
</tbody>
</table>
<p>數據來源：Morningstar.com，截至 8 月 27 日。</p>
<p>該 ETF 總共持有 149 只不同的股票，前 10 大持股幾乎佔其價值的一半。當前十大持股上漲時，這種集中度是好的，但如果這些股票下跌，基金可能會遭受更大的損失。換手率也很高，達到 62%。這是因為該 ETF 不能被動跟蹤一個指數，必須跟隨相關政治家的活動。</p>
<p>上述股票讓你瞭解為什麼該 ETF 表現良好，因為市場寵兒英偉達、微軟和亞馬遜在其中佔有重要權重。（實際上，“七大奇蹟” 中的大部分或全部股票都包含在內。）</p>
<h3>Unusual Whales Subversive Republican ETF</h3>
<p>以下是共和黨 ETF 的前十大持股：</p>
<table>
<thead>
<tr>
<th>股票</th>
<th>ETF 中的權重</th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Comfort Systems USA</strong></td>
<td>5.02%</td>
</tr>
<tr>
<td><strong>摩根大通</strong></td>
<td>4.78%</td>
</tr>
<tr>
<td>英偉達</td>
<td>3.49%</td>
</tr>
<tr>
<td><strong>AT&amp;T</strong></td>
<td>2.74%</td>
</tr>
<tr>
<td><strong>Arista Networks</strong></td>
<td>2.46%</td>
</tr>
<tr>
<td><strong>雪佛龍</strong></td>
<td>2.12%</td>
</tr>
<tr>
<td><strong>全州</strong></td>
<td>2.12%</td>
</tr>
<tr>
<td><strong>英特爾</strong></td>
<td>2.09%</td>
</tr>
<tr>
<td><strong>National Fuel Gas</strong></td>
<td>1.96%</td>
</tr>
<tr>
<td><strong>Fidelity National Information Services</strong></td>
<td>1.75%</td>
</tr>
</tbody>
</table>
<p>數據來源：Morningstar.com，截至 8 月 27 日。</p>
<p>該 ETF 的集中度稍低，前 10 大持股（共 143 只）僅佔 ETF 價值的三分之一左右。它也較少關注高科技股票，前十大持股包括一家銀行、一家電信巨頭、能源公司和一家保險公司——以及英偉達和一些科技股。這意味着它提供了更高的股息收益率（儘管兩隻基金的收益率都很小，低於 1%）。</p>
<h2>你應該投資這些 ETF 嗎？</h2>
<p>我認為查看這些 ETF 很有趣，但我不會在短期內投資其中任何一隻。當然，政治家們對正在制定的立法或法規有內部信息，但他們不一定是最精明的投資者。</p>
<p>我認為選擇一個經過驗證的指數基金，比如上面提到的 Vanguard S&amp;P 500 ETF，會更安全——你可以看到它在相關期間表現得非常不錯。或者，如果你在尋找快速增長的 ETF，還有很多這樣的選擇——而且它們的業績記錄要長得多。</p>

英偉達

摩根大通

<p>兩隻新的交易所交易基金（ETF），即不尋常的鯨魚顛覆民主 ETF 和不尋常的鯨魚顛覆共和 ETF，於 2023 年 2 月 7 日推出，跟蹤美國國會議員的股票交易。民主 ETF 在多個時間段內表現優於共和 ETF 和先鋒標準普爾 500 ETF。民主 ETF 的主要持股包括英偉達和微軟，而共和 ETF 則包括 Comfort Systems USA 和摩根大通。這兩隻 ETF 的費用比率均為 0.74%</p>

<p>It's no secret: Members of Congress often buy and sell stocks, just like the rest of us. But while most of us have no inside information on the companies whose shares we buy or sell, U.S. representatives and senators often do have such information. They're also often lobbied by such companies, to vote for or against this or that. It all adds up to a meaningful conflict of interest, which is why some have called for a ban on Congressional trading.</p>
<div class="lb-trans"><p>這並不是秘密：國會議員們經常像我們其他人一樣買賣股票。但與我們大多數人沒有關於所買賣公司的內部信息不同，美國的眾議員和參議員通常確實擁有這樣的信息。他們也常常受到這些公司的遊説，以支持或反對某項提案。這一切加起來形成了一個重要的利益衝突，這就是為什麼有人呼籲禁止國會交易。</p>
</div><p>In the meantime, though, whether you think it perfectly fine or troubling, federal legislators continue to trade. And now, if you want, you can trade along with them.</p>
<div class="lb-trans"><p>然而，無論你認為這完全沒問題還是令人擔憂，聯邦立法者仍在繼續交易。如果你願意，現在你也可以和他們一起交易。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzE0ODYvZ2V0dHktY2FwaXRvbC1hbmQtYW1lcmljYW4tZmxhZy1wb2xpdGljcy13YXNoaW5ndG9uLmpwZyZ3PTcwMA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F831486%2Fgetty-capitol-and-american-flag-politics-washington.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>圖片來源：Getty Images。</p>
</div><h2>Meet two new ETFs tracking Democratic and Republican trades</h2>
<div class="lb-trans"><h2>認識兩隻跟蹤民主黨和共和黨交易的新 ETF</h2>
</div><p>An exchange-traded fund (ETF) is a fund that trades like a stock. These two funds are designed to trade along with members of Congress, buying and selling what they do, based on available records.</p>
<div class="lb-trans"><p>交易所交易基金（ETF）是一種像股票一樣交易的基金。這兩隻基金旨在與國會議員一起交易，基於可用記錄買賣他們所做的交易。</p>
</div><p>The <strong>Unusual Whales Subversive Democratic ETF</strong>(NANC -0.33%) and the <strong>Unusual Whales Subversive Republican ETF</strong>(GOP -0.16%) were both launched on Feb. 7, 2023. The Democratic one's ticker symbol was named for Nancy Pelosi and the Republican ETF's for Ted Cruz -- though the latter was changed earlier this year to claim the ticker of an older political ETF, &#34;GOP&#34; (for &#34;Grand Old Party&#34;).</p>
<div class="lb-trans"><p><strong>Unusual Whales Subversive Democratic ETF</strong>（NANC -0.33%）和 <strong>Unusual Whales Subversive Republican ETF</strong>（GOP -0.16%）於 2023 年 2 月 7 日推出。民主黨 ETF 的代碼是以南希·佩洛西命名的，而共和黨 ETF 的代碼則是以特德·克魯茲命名的——儘管後者在今年早些時候更改為一個較舊政治 ETF 的代碼 “GOP”（代表 “偉大的老黨”）。</p>
</div><p>Both ETFs have an expense ratio (annual fee) of 0.74%, meaning that you'll pay $7.40 each year for every $1,000 you have invested in the fund.</p>
<div class="lb-trans"><p>這兩隻 ETF 的費用比率（年費）為 0.74%，這意味着你每投資 1,000 美元在基金中，每年需支付 7.40 美元。</p>
</div><p>Although neither has had enough time in which to lay down much of a track record, below is how each ETF has performed. I'm also including average gains for the <strong>Vanguard S&amp;P 500 ETF</strong>(VOO -0.35%), for comparison:</p>
<div class="lb-trans"><p>儘管這兩隻 ETF 都沒有足夠的時間來建立較長的業績記錄，以下是每隻 ETF 的表現。我還包括了 <strong>Vanguard S&amp;P 500 ETF</strong>（VOO -0.35%）的平均收益，以供比較：</p>
</div><table>
<thead>
<tr>
<th>Period</th>
<th>Democratic ETF</th>
<th>Republican ETF</th>
<th>Vanguard S&amp;P 500 ETF</th>
</tr>
</thead>
<tbody>
<tr>
<td>Year to date</td>
<td>13.52%</td>
<td>12.73%</td>
<td>11.44%</td>
</tr>
<tr>
<td>Past 12 months</td>
<td>20.33%</td>
<td>15.37%</td>
<td>17.75%</td>
</tr>
<tr>
<td>2024</td>
<td>26.83%</td>
<td>14.45%</td>
<td>24.98%</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th>期間</th>
<th>民主黨 ETF</th>
<th>共和黨 ETF</th>
<th>Vanguard S&amp;P 500 ETF</th>
</tr>
</thead>
<tbody>
<tr>
<td>年初至今</td>
<td>13.52%</td>
<td>12.73%</td>
<td>11.44%</td>
</tr>
<tr>
<td>過去 12 個月</td>
<td>20.33%</td>
<td>15.37%</td>
<td>17.75%</td>
</tr>
<tr>
<td>2024</td>
<td>26.83%</td>
<td>14.45%</td>
<td>24.98%</td>
</tr>
</tbody>
</table>
</div><p>Data source: Morningstar.com, as of Aug. 28.</p>
<div class="lb-trans"><p>數據來源：Morningstar.com，截至 8 月 28 日。</p>
</div><p>The Democratic ETF has clearly performed better, but remember that we don't even have three full years of performance to assess.</p>
<div class="lb-trans"><p>民主黨 ETF 顯然表現更好，但請記住，我們甚至沒有三年的完整業績來進行評估。</p>
</div><p>Here's a closer look at each ETF.</p>
<div class="lb-trans"><p>以下是每隻 ETF 的更詳細介紹。</p>
</div><h3>The Unusual Whales Subversive Democratic ETF</h3>
<div class="lb-trans"><h3>Unusual Whales Subversive Democratic ETF</h3>
</div><p>What's in the Democratic ETF? Take a look at its top 10 holdings:</p>
<div class="lb-trans"><p>民主黨 ETF 中包含了什麼？看看它的前 10 大持股：</p>
</div><table>
<thead>
<tr>
<th>Stock</th>
<th>Weight in ETF</th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Nvidia</strong></td>
<td>10.45%</td>
</tr>
<tr>
<td><strong>Microsoft</strong></td>
<td>7.93%</td>
</tr>
<tr>
<td><strong>Amazon.com</strong></td>
<td>5.20%</td>
</tr>
<tr>
<td><strong>Alphabet</strong> Class C</td>
<td>4.29%</td>
</tr>
<tr>
<td><strong>Apple</strong></td>
<td>3.71%</td>
</tr>
<tr>
<td><strong>Artivion</strong></td>
<td>3.36%</td>
</tr>
<tr>
<td><strong>Salesforce</strong></td>
<td>3.26%</td>
</tr>
<tr>
<td><strong>Philip Morris International</strong></td>
<td>3.10%</td>
</tr>
<tr>
<td><strong>American Express</strong></td>
<td>3.03%</td>
</tr>
<tr>
<td><strong>Netflix</strong></td>
<td>2.97%</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th>股票</th>
<th>ETF 中的權重</th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>英偉達</strong></td>
<td>10.45%</td>
</tr>
<tr>
<td><strong>微軟</strong></td>
<td>7.93%</td>
</tr>
<tr>
<td><strong>亞馬遜</strong></td>
<td>5.20%</td>
</tr>
<tr>
<td><strong>字母表</strong> C 類</td>
<td>4.29%</td>
</tr>
<tr>
<td><strong>蘋果</strong></td>
<td>3.71%</td>
</tr>
<tr>
<td><strong>Artivion</strong></td>
<td>3.36%</td>
</tr>
<tr>
<td><strong>Salesforce</strong></td>
<td>3.26%</td>
</tr>
<tr>
<td><strong>菲利普·莫里斯國際</strong></td>
<td>3.10%</td>
</tr>
<tr>
<td><strong>美國運通</strong></td>
<td>3.03%</td>
</tr>
<tr>
<td><strong>奈飛</strong></td>
<td>2.97%</td>
</tr>
</tbody>
</table>
</div><p>Data source: Morningstar.com, as of Aug. 27.</p>
<div class="lb-trans"><p>數據來源：Morningstar.com，截至 8 月 27 日。</p>
</div><p>The ETF holds a total of 149 different stocks, with its top 10 making up nearly half of its value. Such concentration is great when the top holdings are going up, but the fund can fall harder if those stocks slump. Turnover is high, too, at 62%. That's because this ETF can't passively track an index, and must follow the activity of the politicians involved.</p>
<div class="lb-trans"><p>該 ETF 總共持有 149 只不同的股票，前 10 大持股幾乎佔其價值的一半。當前十大持股上漲時，這種集中度是好的，但如果這些股票下跌，基金可能會遭受更大的損失。換手率也很高，達到 62%。這是因為該 ETF 不能被動跟蹤一個指數，必須跟隨相關政治家的活動。</p>
</div><p>The stocks above give you an idea of why the ETF has performed well, as market darlings Nvidia, Microsoft, and Amazon.com have significant weightings. (Indeed, most or all of the &#34;Magnificent Seven&#34; stocks are included.)</p>
<div class="lb-trans"><p>上述股票讓你瞭解為什麼該 ETF 表現良好，因為市場寵兒英偉達、微軟和亞馬遜在其中佔有重要權重。（實際上，“七大奇蹟” 中的大部分或全部股票都包含在內。）</p>
</div><h3>The Unusual Whales Subversive Republican ETF</h3>
<div class="lb-trans"><h3>Unusual Whales Subversive Republican ETF</h3>
</div><p>Here are the Republican ETF's top holdings:</p>
<div class="lb-trans"><p>以下是共和黨 ETF 的前十大持股：</p>
</div><table>
<thead>
<tr>
<th>Stock</th>
<th>Weight in ETF</th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Comfort Systems USA</strong></td>
<td>5.02%</td>
</tr>
<tr>
<td><strong>JPMorgan Chase</strong></td>
<td>4.78%</td>
</tr>
<tr>
<td>Nvidia</td>
<td>3.49%</td>
</tr>
<tr>
<td><strong>AT&amp;T</strong></td>
<td>2.74%</td>
</tr>
<tr>
<td><strong>Arista Networks</strong></td>
<td>2.46%</td>
</tr>
<tr>
<td><strong>Chevron</strong></td>
<td>2.12%</td>
</tr>
<tr>
<td><strong>Allstate</strong></td>
<td>2.12%</td>
</tr>
<tr>
<td><strong>Intel</strong></td>
<td>2.09%</td>
</tr>
<tr>
<td><strong>National Fuel Gas</strong></td>
<td>1.96%</td>
</tr>
<tr>
<td><strong>Fidelity National Information Services</strong></td>
<td>1.75%</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th>股票</th>
<th>ETF 中的權重</th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Comfort Systems USA</strong></td>
<td>5.02%</td>
</tr>
<tr>
<td><strong>摩根大通</strong></td>
<td>4.78%</td>
</tr>
<tr>
<td>英偉達</td>
<td>3.49%</td>
</tr>
<tr>
<td><strong>AT&amp;T</strong></td>
<td>2.74%</td>
</tr>
<tr>
<td><strong>Arista Networks</strong></td>
<td>2.46%</td>
</tr>
<tr>
<td><strong>雪佛龍</strong></td>
<td>2.12%</td>
</tr>
<tr>
<td><strong>全州</strong></td>
<td>2.12%</td>
</tr>
<tr>
<td><strong>英特爾</strong></td>
<td>2.09%</td>
</tr>
<tr>
<td><strong>National Fuel Gas</strong></td>
<td>1.96%</td>
</tr>
<tr>
<td><strong>Fidelity National Information Services</strong></td>
<td>1.75%</td>
</tr>
</tbody>
</table>
</div><p>Data source: Morningstar.com, as of Aug. 27.</p>
<div class="lb-trans"><p>數據來源：Morningstar.com，截至 8 月 27 日。</p>
</div><p>This ETF is a bit less concentrated, with its top 10 holdings (out of 143) making up only about a third of the ETF's value. It also focuses less on high-tech stocks, with its top holdings including a bank, a telecom giant, energy companies, and an insurance company -- along with Nvidia and some tech stocks. That means it offers a bit more of a dividend yield (though both funds' yields are small, below 1%).</p>
<div class="lb-trans"><p>該 ETF 的集中度稍低，前 10 大持股（共 143 只）僅佔 ETF 價值的三分之一左右。它也較少關注高科技股票，前十大持股包括一家銀行、一家電信巨頭、能源公司和一家保險公司——以及英偉達和一些科技股。這意味着它提供了更高的股息收益率（儘管兩隻基金的收益率都很小，低於 1%）。</p>
</div><h2>Should you invest in these ETFs?</h2>
<div class="lb-trans"><h2>你應該投資這些 ETF 嗎？</h2>
</div><p>I think it's fun to look at these ETFs, but I'm not going to invest in either anytime soon. Sure, politicians have an inside track on legislation or regulations in development, but they're not necessarily the savviest investors.</p>
<div class="lb-trans"><p>我認為查看這些 ETF 很有趣，但我不會在短期內投資其中任何一隻。當然，政治家們對正在制定的立法或法規有內部信息，但他們不一定是最精明的投資者。</p>
</div><p>I think it would be safer to go with a tried-and-true index fund such as the Vanguard S&amp;P 500 ETF mentioned above -- which you can see performed very respectably during the periods in question. Alternatively, if you're looking for faster-growing ETFs, there are plenty of those -- and they have much longer track records.</p>
<div class="lb-trans"><p>我認為選擇一個經過驗證的指數基金，比如上面提到的 Vanguard S&amp;P 500 ETF，會更安全——你可以看到它在相關期間表現得非常不錯。或者，如果你在尋找快速增長的 ETF，還有很多這樣的選擇——而且它們的業績記錄要長得多。</p>
</div>

These ETFs Track Congressional Stock Trades for Democrats and Republicans. Time to Buy?

- 美國國會成員頻繁交易股票，可能存在利益衝突。  
- 新推出的兩個 ETF 跟蹤民主黨和共和黨的交易活動。  
- 民主黨 ETF 年初至今收益 13.52%，表現優於共和黨 ETF 的 12.73%。

這些 ETF 追蹤民主黨和共和黨的國會股票交易。現在是買入的時機嗎？