id: 2cf614c6a8084ddb8c772e7cffdd8361
parent_id: 
item_type: 1
item_id: 90a48dbb48c04439bd4cac4149e2e21c
item_updated_time: 1764365029146
title_diff: "[{\"diffs\":[[1,\"红利低波，红利质量和红利相比的比较分析\"]],\"start1\":0,\"start2\":0,\"length1\":0,\"length2\":19}]"
body_diff: "[{\"diffs\":[[1,\"<html>\\\r\\\n<head>\\\r\\\n  <title>红利低波，红利质量和红利相比的比较分析</title>\\\r\\\n  <basefont face=\\\"微软雅黑\\\" size=\\\"2\\\" />\\\r\\\n  <meta http-equiv=\\\"Content-Type\\\" content=\\\"text/html;charset=utf-8\\\" />\\\r\\\n  <meta name=\\\"exporter-version\\\" content=\\\"YXBJ Windows/608924 (zh-CN, DDL); Windows/10.0.0 (Win64); EDAMVersion=V2;\\\"/>\\\r\\\n  <meta name=\\\"content-class\\\" content=\\\"yinxiang.peso.superNote\\\"/>\\\r\\\n  <meta name=\\\"application-data:yinxiang.noteLayout\\\" content=\\\"{\\\"lineSpace\\\":\\\"recommend\\\",\\\"paragraphSpace\\\":\\\"recommend\\\"}\\\"/>\\\r\\\n  <style>\\\r\\\n\\tbody, td {\\\r\\\n\\t  font-family: 微软雅黑;\\\r\\\n\\t  font-size: 12pt;\\\r\\\n\\t}\\\r\\\n  </style>\\\r\\\n</head>\\\r\\\n<body>\\\r\\\n<a name=\\\"46143\\\"></a>\\\r\\\n<h1>红利低波，红利质量和红利相比的比较分析</h1>\\\r\\\n\\\r\\\n<div><span style=\\\"\\\"><div style=\\\"max-width: 700px;\\\"><p></p><div style=\\\"--en-blockquote: true; box-sizing: border-box; border-left: 3px solid #b4c0cc; background-position: initial initial; background-repeat: initial initial;\\\"><div>原文链接: <a href=\\\"https://mp.weixin.qq.com/s?__biz=MzE5MTc2MTE2MA==&amp;mid=2247485024&amp;idx=1&amp;sn=cac367ed8cb9cda43336b7d693ca16b8&amp;chksm=9745e4cc4a288139f96e2fc558990af1645fb3839e3090c1a595ef8adb0bf6ed99527a449eca&amp;mpshare=1&amp;scene=1&amp;srcid=0911JgVE8fnCRb4uwABAlljS&amp;sharer_shareinfo=f516ea79d0144de7df8f1da4122565af&amp;sharer_shareinfo_first=f516ea79d0144de7df8f1da4122565af#rd\\\"><span>https://mp.weixin.qq.com/s?__biz=MzE5MTc2MTE2MA==&amp;mid=224748...</span></a></div></div><p></p><div style=\\\"\\\"><div><div><div><span style=\\\"\\\">原创</span><span> 袁卫 </span><span><a style=\\\"\\\"> 原味0627 </a></span><span><em></em></span></div><div style=\\\"\\\"><p style=\\\"\\\">这是一个非常经典的指数策略对比问题。这三者都是围绕“红利”展开，但侧重点和风险收益特征有显著区别。<br/>结论先行：<br/>红利指数：基础款。单纯追求高股息率，覆盖面最广，是红利策略的基石。</p><p style=\\\"\\\"> 红利低波指数：防御款。在高股息基础上，增加了“低波动”筛选，旨在降低回撤，适合风险厌恶型投资者。<br/>红利质量指数：进阶款。在高股息基础上，强调“高质量”（如高ROE、高盈利稳定性），旨在筛选出更健康、可持续分红的公司，长期潜力可能更大。<br/>如何选择？<br/>你可以根据自己当前的市场判断和风险偏好来决策：<br/>1. 如果你判断市场未来可能震荡或下行：<br/>- 首选：红利低波。它的“低波动”特性会像一个“安全带”，帮助你在下跌行情中少亏钱。<br/>2. 如果你是长期投资者，不纠结于短期波动，更看重公司基本面：<br/>- 首选：红利质量。它筛选出的公司不仅会分红，而且有能力持续、健康地分红，长期来看，这是产生复利的优质土壤。<br/>3. 如果你只是想简单地配置一个“高股息”资产来平衡组合：<br/>- 选择：普通红利指数。它是最纯粹、最直接的红利策略代表，作为资产配置的压舱石非常合适。<br/><br/>希望以上分析能帮助你根据自己的风险偏好和市场判断，做出最适合的投资决策。<br/><br/><br/><br/><br/></p></div></div></div></div></div></span>\\\n</div></body></html>\\u0000\"]],\"start1\":0,\"start2\":0,\"length1\":0,\"length2\":2173}]"
metadata_diff: {"new":{"id":"90a48dbb48c04439bd4cac4149e2e21c","parent_id":"f67288c3a0be4374b5d532b5dcc3aabc","latitude":"0.00000000","longitude":"0.00000000","altitude":"0.0000","author":"","source_url":"","is_todo":0,"todo_due":0,"todo_completed":0,"source":"joplin-desktop","source_application":"net.cozic.joplin-desktop","application_data":"","order":1764348873312,"user_updated_time":1764345640876,"markup_language":2,"is_shared":0,"share_id":"","conflict_original_id":"","master_key_id":"","user_data":"","deleted_time":1764365029146},"deleted":[]}
encryption_cipher_text: 
encryption_applied: 0
updated_time: 2025-11-28T21:24:57.000Z
created_time: 2025-11-28T21:24:57.000Z
type_: 13