I said it would not be shameful to buy US stock funds on Alipay... But embarrassingly, after buying for half a day, I don't know what I'm buying Jianxin Emerging Markets Mixed Market rose 12.43% in a day, and the brothers all enjoyed themselves, betting on storage, AI computing power, and optical communication, with heavy holdings in Samsung, Hynix, Nvidia, TSMC, and Corning. Performed very aggressively. Many brothers asked: But the names of NASDAQ funds on Alipay are similar. What's the difference? Category 1: Market benchmark type Representative: NASDAQ 100 ETF Connect, NASDAQ 100 Index. There is only one goal: to replicate index performance without making any subjective judgments. Tracking the Nasdaq 100 Index, the top 100 largest non-financial companies Tech giants such as Apple, Microsoft, and Nvidia are among them. Starbucks, Coca Cola and other consumer stocks are also included. ETF linkage and index funds are essentially the same, but with different methods. ETF Connect is an indirect investment that involves buying ETFs listed overseas first. Index funds are more direct and may directly buy constituent stocks. For investors, the results are similar, both following the rise and fall of the index. Low fees, high transparency, suitable for those who don't want to worry. Category 2: Proactive management type Representative: NASDAQ Selected Stocks The keywords are carefully selected. Fund managers choose stocks themselves and do not track any indices. It's about one's own research, judgment, and perspective. The goal is to beat the market and rise more than the index. It may far exceed the index, or it may significantly underperform. It all depends on the ability of the fund manager. The fees are higher than passive funds because someone is taking care of you. Suitable for those who believe that fund managers are stronger than themselves. Category 3: Strategy enhanced Representative: NASDAQ Technology Market Value Weighted ETF Connect. It is also a tracking index, but not a traditional broad-based index. It is an additional layer of screening rules based on the Nasdaq 100. The word 'technology' means that companies outside of the technology industry have been excluded. Starbucks, Coca Cola and other consumer stocks are no longer needed. Only pure technology companies remain. More concentrated, purer, and more volatile. When it rises, it is much higher than when the Nasdaq rises by 100. When it falls, it also falls more fiercely than the Nasdaq 100. Suitable for those who are optimistic about the technology track and can withstand fluctuations. ---- Brothers should understand that the names of American stock funds on Alipay are similar, but the underlying logic is completely different. Passive type is suitable for lazy people, active type is suitable for those who trust fund managers, and strategic type is suitable for those who are optimistic about a single track. There is no one better, only one that suits you better. But the premise is that you need to first figure out what you are buying. Otherwise, it's no different from betting with your eyes closed.