[{"key":"qqq_ytd","value":19.07,"unit":"%","label":"QQQ 年初至 10/14 总收益（含分红）","source":"Yahoo Finance 复权收盘价；本页计算"},{"key":"qqq_from_high","value":-4.04,"unit":"%","label":"QQQ 距 10/6 年内高点","source":"Yahoo Finance 复权收盘价；本页计算"},{"key":"qqew_ytd","value":10.99,"unit":"%","label":"等权纳指 100 ETF（QQEW）年初至今","source":"Yahoo Finance 复权收盘价；本页计算"},{"key":"recon_ytd","value":18.64,"unit":"%","label":"持仓重构指数年初至今","source":"QQQ/QQQM N-PORT 持仓 + Yahoo 价格；本页计算"},{"key":"recon_te_bp","value":6.1,"unit":"bp","label":"重构 vs QQQ 日度偏差标准差","source":"本页计算"},{"key":"ai_hw_pp","value":15.39,"unit":"pp","label":"AI 硬件链年初至今贡献","source":"持仓重构归因"},{"key":"ai_hw_share","value":82.58,"unit":"%","label":"AI 硬件链占重构指数涨幅比例","source":"持仓重构归因"},{"key":"top5_pp","value":12.14,"unit":"pp","label":"年初至今正贡献前 5 只合计","source":"持仓重构归因"},{"key":"top10_pp","value":16.2,"unit":"pp","label":"年初至今正贡献前 10 只合计","source":"持仓重构归因"},{"key":"ndx_dd20","value":47.0,"unit":"只","label":"纳指 100 成分股较年内高点跌超 20%","source":"Yahoo Finance 复权收盘价；本页计算"},{"key":"ndx_n","value":101.0,"unit":"只","label":"纳指 100 当前成分股数","source":"Nasdaq 成分股列表"},{"key":"ndx_dd_med","value":-18.71,"unit":"%","label":"纳指 100 成分股距年内高点回撤中位数","source":"Yahoo Finance 复权收盘价；本页计算"},{"key":"spx_dd20","value":165.0,"unit":"只","label":"标普 500 成分股较年内高点跌超 20%","source":"Yahoo Finance 复权收盘价；本页计算"},{"key":"spx_n","value":502.0,"unit":"只","label":"标普 500 成分股数（有价格）","source":"Yahoo Finance 复权收盘价；本页计算"},{"key":"n10_now","value":5.19,"unit":"%","label":"10 年期美债收益率（10/14）","source":"美国财政部每日名义与实际（TIPS）收益率曲线"},{"key":"r10_now","value":2.84,"unit":"%","label":"10 年期 TIPS 实际收益率（10/14）","source":"美国财政部每日名义与实际（TIPS）收益率曲线"},{"key":"n2_now","value":4.82,"unit":"%","label":"2 年期美债收益率（10/14）","source":"美国财政部每日名义与实际（TIPS）收益率曲线"},{"key":"n10_ytd_bp","value":101.0,"unit":"bp","label":"10 年期收益率年初至今变化","source":"美国财政部每日名义与实际（TIPS）收益率曲线"},{"key":"r10_ytd_bp","value":91.0,"unit":"bp","label":"10 年期实际收益率年初至今变化","source":"美国财政部每日名义与实际（TIPS）收益率曲线"},{"key":"be10_ytd_bp","value":10.0,"unit":"bp","label":"10 年期通胀补偿年初至今变化","source":"美国财政部每日名义与实际（TIPS）收益率曲线"},{"key":"n2_ytd_bp","value":135.0,"unit":"bp","label":"2 年期收益率年初至今变化","source":"美国财政部每日名义与实际（TIPS）收益率曲线"},{"key":"n30_ytd_bp","value":68.0,"unit":"bp","label":"30 年期收益率年初至今变化","source":"美国财政部每日名义与实际（TIPS）收益率曲线"},{"key":"n10_q3_bp","value":75.0,"unit":"bp","label":"10 年期收益率 6/30 以来变化","source":"美国财政部每日名义与实际（TIPS）收益率曲线"},{"key":"r10_q3_bp","value":64.0,"unit":"bp","label":"10 年期实际收益率 6/30 以来变化","source":"美国财政部每日名义与实际（TIPS）收益率曲线"},{"key":"n10_max","value":5.31,"unit":"%","label":"10 年期收益率年内最高（10/5）","source":"美国财政部每日名义与实际（TIPS）收益率曲线"},{"key":"fed_upper","value":4.0,"unit":"%","label":"联邦基金目标区间上限（9/17 起 3.75%–4.00%）","source":"纽约联储 EFFR 数据（markets.newyorkfed.org）"},{"key":"rate_beta","value":-1.0,"unit":"%","label":"10 年期每上行 10bp，QQQ 当日平均收益（2026 日度回归）","source":"本页计算：QQQ 日收益对 10 年期收益率日变化回归"},{"key":"rate_part_ytd","value":-9.79,"unit":"%","label":"按利率弹性推算的年初至今利率拖累","source":"本页计算"},{"key":"other_part_ytd","value":30.68,"unit":"%","label":"利率以外部分的年初至今累计","source":"本页计算"},{"key":"rate_part_q3","value":-7.1,"unit":"%","label":"6/30 以来利率拖累","source":"本页计算"},{"key":"other_part_q3","value":7.5,"unit":"%","label":"6/30 以来利率以外部分","source":"本页计算"},{"key":"eps_rev_90d","value":7.12,"unit":"%","label":"成分股明年 EPS 一致预期 90 天加权修正（剔除 SpaceX）","source":"Yahoo Finance EPS Trend（7/16→10/14）"},{"key":"px_90d","value":3.15,"unit":"%","label":"同期成分股加权价格变化","source":"Yahoo Finance 复权收盘价；本页计算"},{"key":"pe_90d","value":-3.71,"unit":"%","label":"隐含远期市盈率变化","source":"本页计算"},{"key":"fwd_pe","value":18.65,"unit":"倍","label":"QQQ 加权远期市盈率（下一财年）","source":"Yahoo Finance forwardPE，按权重调和平均"},{"key":"ttm_pe","value":29.68,"unit":"倍","label":"QQQ 加权滚动市盈率","source":"Yahoo Finance trailingPE，按权重调和平均"},{"key":"fwd_ey","value":5.36,"unit":"%","label":"QQQ 远期盈利收益率（1/远期PE）","source":"本页计算"},{"key":"erp_real","value":2.52,"unit":"pp","label":"远期盈利收益率减 10 年期实际收益率","source":"本页计算"},{"key":"brent_ytd","value":71.6,"unit":"%","label":"布伦特原油期货年初至今","source":"Yahoo Finance BZ=F"},{"key":"brent_peak","value":118.35,"unit":"美元","label":"布伦特年内收盘最高（3/31）","source":"Yahoo Finance BZ=F"},{"key":"brent_now","value":104.42,"unit":"美元","label":"布伦特（10/14）","source":"Yahoo Finance BZ=F"},{"key":"factset_q2","value":52.0,"unit":"%","label":"标普 500 二季度 EPS 同比（FactSet 8/28）","source":"https://advantage.factset.com/hubfs/Website/Resources%20Section/Research%20Desk/Earnings%20Insight/EarningsInsight_082826.pdf"},{"key":"factset_q2_ex","value":32.0,"unit":"%","label":"剔除 Alphabet、亚马逊后的二季度 EPS 同比","source":"https://advantage.factset.com/hubfs/Website/Resources%20Section/Research%20Desk/Earnings%20Insight/EarningsInsight_082826.pdf"},{"key":"capex_2026","value":7250,"unit":"亿美元","label":"四大云厂商 2026 年资本开支指引合计（7 月财报后报道值）","source":"https://www.thewealthadvisor.com/article/magnificent-7-earnings-rush-reveals-ai-spending-surge-hyperscaler-capex-set-reach-725"},{"key":"ai_hw_w0","value":26.8,"unit":"%","label":"AI 硬件链在 QQQ 中的权重（年初）","source":"QQQ N-PORT 持仓（2025-12-31）"},{"key":"ai_hw_w1","value":37.3,"unit":"%","label":"AI 硬件链在 QQQ 中的权重（10/14，按持仓漂移估算）","source":"持仓重构"},{"key":"mu_fwd_pe","value":4.4,"unit":"倍","label":"美光远期市盈率","source":"Yahoo Finance forwardPE"}]