{"id":33177,"date":"2026-10-27T09:39:52","date_gmt":"2026-10-27T00:39:52","guid":{"rendered":"https:\/\/official.gfs.tokyo\/blog\/?p=33177"},"modified":"2026-10-27T09:39:52","modified_gmt":"2026-10-27T00:39:52","slug":"ue-recommended-non-ai-stocks","status":"publish","type":"post","link":"https:\/\/official.gfs.tokyo\/blog\/ue-recommended-non-ai-stocks","title":{"rendered":"AI\u30d0\u30d6\u30eb\u5d29\u58ca\u306b\u5099\u3048\u308b\u975eAI\u9298\u67c4\u304a\u3059\u3059\u3081\u89e3\u8aac\uff01\u5206\u6563\u6295\u8cc7\u306e\u6c7a\u5b9a\u7248"},"content":{"rendered":"<h2>AI\u30d0\u30d6\u30eb\u5d29\u58ca\u306b\u5099\u3048\u308b\u975eAI\u9298\u67c4\u304a\u3059\u3059\u3081\u89e3\u8aac\uff01\u5206\u6563\u6295\u8cc7\u306e\u6c7a\u5b9a\u7248<\/h2>\n<h5><span class=\"selected\">\u521d\u5fc3\u8005\u304b\u3089\u5b9f\u8df5\u3067\u304d\u308b\u975e\u30cf\u30a4\u30c6\u30af\u8cc7\u7523\u30fb\u9ad8\u914d\u5f53ETF\u6d3b\u7528\u3068\u91d1\u878d\u30ea\u30c6\u30e9\u30b7\u30fc\u306e\u8981\u8ae6<\/span><\/h5>\n<h2><span class=\"selected\">\u6982\u8981\uff08Executive Summary\uff09<\/span><\/h2>\n<p><span class=\"selected\">\u8fd1\u5e74\u3001\u682a\u5f0f\u5e02\u5834\u306fChatGPT\u306e\u53f0\u982d\u3092\u306f\u3058\u3081\u3068\u3059\u308b\u751f\u6210AI\u306e\u7206\u767a\u7684\u666e\u53ca\u3001\u305d\u3057\u3066\u305d\u308c\u3092\u652f\u3048\u308b\u5148\u7aef\u534a\u5c0e\u4f53\u30e1\u30fc\u30ab\u30fc\u306e\u98db\u8e8d\u7684\u306a\u696d\u7e3e\u62e1\u5927\u306b\u3088\u3063\u3066\u529b\u5f37\u304f\u727d\u5f15\u3055\u308c\u3066\u304d\u307e\u3057\u305f\u3002S&amp;P 500\u3084\u5168\u4e16\u754c\u682a\u5f0f\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\uff08\u30aa\u30eb\u30ab\u30f3\uff09\u306a\u3069\u306e\u4ee3\u8868\u7684\u306a\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u3092\u4fdd\u6709\u3057\u3066\u3044\u308b\u3060\u3051\u3067\u3082\u3001\u305d\u306e\u69cb\u6210\u6bd4\u7387\u4e0a\u4f4d\u3092\u5360\u3081\u308b\u300c\u30de\u30b0\u30cb\u30d5\u30a3\u30bb\u30f3\u30c87\u300d\u3092\u306f\u3058\u3081\u3068\u3059\u308b\u5de8\u5927\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u4f01\u696d\u306e\u6069\u6075\u3092\u5341\u5206\u306b\u4eab\u53d7\u3067\u304d\u305f\u5c40\u9762\u304c\u7d9a\u3044\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n<p><span class=\"selected\">\u3057\u304b\u3057\u3001\u682a\u5f0f\u5e02\u5834\u306e\u6b74\u53f2\u3092\u7d10\u89e3\u304f\u3068\u3001\u7279\u5b9a\u306e\u6280\u8853\u9769\u65b0\u3084\u5358\u4e00\u30bb\u30af\u30bf\u30fc\u3078\u306e\u904e\u5ea6\u306a\u8cc7\u672c\u96c6\u4e2d\u306f\u3001\u5e38\u306b\u5927\u304d\u306a\u53cd\u52d5\u5c40\u9762\u3092\u5185\u5728\u3055\u305b\u3066\u304d\u307e\u3057\u305f\u3002\u73fe\u5728\u3001\u5e02\u5834\u3067\u306f\u5de8\u984d\u306e\u8a2d\u5099\u6295\u8cc7\uff08Capex\uff09\u306b\u5bfe\u3059\u308b\u56de\u53ce\u671f\u9593\uff08ROI\uff09\u306e\u9045\u308c\u3001\u96fb\u529b\u4f9b\u7d66\u3084\u9001\u96fb\u7db2\u3068\u3044\u3063\u305f\u7269\u7406\u7684\u30dc\u30c8\u30eb\u30cd\u30c3\u30af\u3001\u30cf\u30a4\u30c6\u30af\u4f01\u696d\u306e\u9ad8\u3044\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\uff08PER\uff09\u3068\u91d1\u5229\u52d5\u5411\u306a\u3069\u3001AI\u30fb\u534a\u5c0e\u4f53\u7523\u696d\u3092\u5de1\u308b\u8907\u5408\u7684\u306a\u61f8\u5ff5\u304c\u8868\u9762\u5316\u3057\u3064\u3064\u3042\u308a\u307e\u3059\u3002<\/span><\/p>\n<p><span class=\"selected\">\u672c\u7a3f\u3067\u306f\u3001AI\u3084\u534a\u5c0e\u4f53\u306e\u6210\u9577\u30c8\u30ec\u30f3\u30c9\u305d\u306e\u3082\u306e\u3092\u5168\u5426\u5b9a\u3059\u308b\u306e\u3067\u306f\u306a\u304f\u3001<\/span><\/p>\n<p><strong><span class=\"selected\">\u300c\u4e07\u304c\u4e00\u306e\u30cf\u30a4\u30c6\u30af\u6025\u843d\u30fb\u9577\u671f\u505c\u6ede\u306b\u8010\u3048\u3046\u308b\u9811\u5065\u306a\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u300d<\/span><span class=\"selected\">\u3092\u3069\u306e\u3088\u3046\u306b\u8a2d\u8a08\u3059\u3079\u304d\u304b\u3092\u8ad6\u3058\u307e\u3059\u3002<\/span><\/strong><\/p>\n<p><strong><span class=\"selected\">\u5177\u4f53\u7684\u306b\u306f\u3001<\/span><\/strong><\/p>\n<p><strong><span class=\"selected\"><\/span><\/strong><span class=\"f-marker-p\"><strong><span class=\"selected\">\u30cf\u30a4\u30c6\u30af\u7523\u696d\u306e\u30b5\u30a4\u30af\u30eb\u304b\u3089\u81ea\u7acb\u3057\u305f\u300c\u975eAI\u30bb\u30af\u30bf\u30fc\uff08\u751f\u6d3b\u5fc5\u9700\u54c1\u3001\u30d8\u30eb\u30b9\u30b1\u30a2\u3001\u91d1\u878d\u3001\u5b9f\u7269\u30a4\u30f3\u30d5\u30e9\u7b49\uff09\u300d\u306e\u9078\u5b9a\u3001\u4ee3\u8868\u7684\u306a\u7c73\u56fd\u9ad8\u914d\u5f53ETF\u3067\u3042\u308b<\/span><span class=\"selected\">VYM<\/span><\/strong><span class=\"selected\">\u304a\u3088\u3073<\/span><strong><span class=\"selected\">HDV<\/span><\/strong><span class=\"selected\">\u306e\u69cb\u9020\u7684\u7279\u6027\u306e\u6bd4\u8f03\u3001\u305d\u3057\u3066\u4eca\u5f8c\u306e\u7c73\u56fd\u306e\u91d1\u5229\u30b5\u30a4\u30af\u30eb\uff08\u5229\u4e0b\u3052\u5c40\u9762\uff09\u306b\u304a\u3044\u3066\u8cc7\u7523\u304c\u3069\u306e\u3088\u3046\u306b\u6319\u52d5\u3059\u308b\u306e\u304b\u3092\u4f53\u7cfb\u7684\u306b\u89e3\u304d\u660e\u304b\u3057\u307e\u3059\u3002<\/span><\/span><span class=\"selected\"><\/span><\/p>\n<p><span class=\"selected\">\u6700\u5f8c\u306b\u3001\u3053\u308c\u3089\u3059\u3079\u3066\u306e\u6839\u5e95\u306b\u4f4d\u7f6e\u3059\u308b\u300c\u91d1\u878d\u30fb\u6295\u8cc7\u30ea\u30c6\u30e9\u30b7\u30fc\u306e\u771f\u306e\u4fa1\u5024\u300d\u306b\u3064\u3044\u3066\u8a73\u8ff0\u3057\u307e\u3059\u3002\u5e02\u5834\u306e\u30ce\u30a4\u30ba\u3084\u6d41\u884c\u306b\u60d1\u308f\u3055\u308c\u305a\u3001\u81ea\u8eab\u306e\u30ea\u30b9\u30af\u8a31\u5bb9\u5ea6\u306b\u5fdc\u3058\u305f\u6295\u8cc7\u5224\u65ad\u3092\u4e0b\u3057\u7d9a\u3051\u308b\u305f\u3081\u306e\u7f85\u91dd\u76e4\u3068\u3057\u3066\u672c\u7a3f\u3092\u6d3b\u7528\u3057\u3066\u304f\u3060\u3055\u3044\u3002<\/span><\/p>\n<h2><span class=\"selected\">\u76ee\u6b21<\/span><\/h2>\n<ol>\n<li>\n<p><strong><span class=\"selected\">\u91cd\u8981\u306a\u30dd\u30a4\u30f3\u30c8\uff08Key Takeaways\uff09<\/span><\/strong><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">AI\u30fb\u534a\u5c0e\u4f53\u30bb\u30af\u30bf\u30fc\u304c\u76f4\u9762\u3059\u308b5\u3064\u306e\u69cb\u9020\u7684\u30ea\u30b9\u30af<\/span><\/strong><\/p>\n<ul>\n<li>\n<p><span class=\"selected\">2-1. \u5de8\u984d\u30a4\u30f3\u30d5\u30e9\u6295\u8cc7\u3068\u30de\u30cd\u30bf\u30a4\u30ba\uff08ROI\uff09\u306e\u30ae\u30e3\u30c3\u30d7<\/span><\/p>\n<\/li>\n<li>\n<p><span class=\"selected\">2-2. \u96fb\u529b\u30fb\u9001\u96fb\u7db2\u30fb\u51b7\u5374\u30b7\u30b9\u30c6\u30e0\u306e\u300c\u7269\u7406\u7684\u5236\u7d04\u300d<\/span><\/p>\n<\/li>\n<li>\n<p><span class=\"selected\">2-3. \u5148\u884c\u767a\u6ce8\u30fb\u4e8c\u91cd\u767a\u6ce8\u306e\u89e3\u6d88\uff08\u30b7\u30ea\u30b3\u30f3\u30b5\u30a4\u30af\u30eb\u306e\u53cd\u52d5\uff09<\/span><\/p>\n<\/li>\n<li>\n<p><span class=\"selected\">2-4. \u9ad8\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u3068\u5272\u5f15\u7387\uff08\u91d1\u5229\u9ad8\u6b62\u307e\u308a\u30ea\u30b9\u30af\uff09<\/span><\/p>\n<\/li>\n<li>\n<p><span class=\"selected\">2-5. \u5730\u653f\u5b66\u30ea\u30b9\u30af\u3068\u5bfe\u4e2d\u8f38\u51fa\u898f\u5236<\/span><\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">AI\u30fb\u534a\u5c0e\u4f53\u30b5\u30a4\u30af\u30eb\u304b\u3089\u81ea\u7acb\u3057\u305f\u300c\u975eAI\u9298\u67c4\u30fb\u30bb\u30af\u30bf\u30fc\u300d\u306e\u9078\u5b9a<\/span><\/strong><\/p>\n<ul>\n<li>\n<p><span class=\"selected\">3-1. \u751f\u6d3b\u5fc5\u9700\u54c1\u30fb\u30c7\u30a3\u30d5\u30a7\u30f3\u30b7\u30d6\u6d88\u8cbb\uff08\u4fa1\u683c\u6c7a\u5b9a\u529b\u3068\u65e5\u5e38\u9700\u8981\uff09<\/span><\/p>\n<\/li>\n<li>\n<p><span class=\"selected\">3-2. \u30d8\u30eb\u30b9\u30b1\u30a2\u30fb\u88fd\u85ac\uff08\u72ec\u81ea\u306e\u958b\u767a\u30d1\u30a4\u30d7\u30e9\u30a4\u30f3\u3068\u898f\u5236\u7523\u696d\uff09<\/span><\/p>\n<\/li>\n<li>\n<p><span class=\"selected\">3-3. \u9280\u884c\u30fb\u4fdd\u967a\uff08\u91d1\u5229\u611f\u5fdc\u5ea6\u3068\u682a\u4e3b\u9084\u5143\u4f59\u529b\uff09<\/span><\/p>\n<\/li>\n<li>\n<p><span class=\"selected\">3-4. \u91cd\u5de5\u696d\u30fb\u9632\u885b\u30fb\u5b9f\u7269\u30a4\u30f3\u30d5\u30e9\uff08\u9577\u671f\u53d7\u6ce8\u6b8b\u9ad8\u3068\u56fd\u5bb6\u6226\u7565\uff09<\/span><\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u975e\u30cf\u30a4\u30c6\u30af\u6295\u8cc7\u306e\u6c7a\u5b9a\u6253\uff1a\u9ad8\u914d\u5f53ETF\uff08VYM\u30fbHDV\uff09\u306e\u5fb9\u5e95\u6bd4\u8f03<\/span><\/strong><\/p>\n<ul>\n<li>\n<p><span class=\"selected\">4-1. VYM\uff08\u30d0\u30f3\u30ac\u30fc\u30c9\u30fb\u7c73\u56fd\u9ad8\u914d\u5f53\u682a\u5f0fETF\uff09\u306e\u69cb\u9020\u3068\u7279\u5fb4<\/span><\/p>\n<\/li>\n<li>\n<p><span class=\"selected\">4-2. HDV\uff08i\u30b7\u30a7\u30a2\u30fc\u30ba\u30fb\u30b3\u30a2\u30fb\u7c73\u56fd\u9ad8\u914d\u5f53\u682aETF\uff09\u306e\u69cb\u9020\u3068\u7279\u5fb4<\/span><\/p>\n<\/li>\n<li>\n<p><span class=\"selected\">4-3. \u306a\u305c\u3053\u306e2\u9298\u67c4\u304cAI\u30fb\u534a\u5c0e\u4f53\u306e\u30d8\u30c3\u30b8\u306b\u306a\u308b\u306e\u304b<\/span><\/p>\n<\/li>\n<li>\n<p><span class=\"selected\">4-4. \u5b9f\u8df5\u7684\u306a\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u7d44\u307f\u5165\u308c\u30e2\u30c7\u30eb<\/span><\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u7c73\u56fd\u306e\u91d1\u5229\u30b5\u30a4\u30af\u30eb\uff08\u5229\u4e0b\u3052\u5c40\u9762\uff09\u306b\u304a\u3051\u308b\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u691c\u8a3c<\/span><\/strong><\/p>\n<ul>\n<li>\n<p><span class=\"selected\">5-1. \u300c\u4e88\u9632\u7684\u5229\u4e0b\u3052\uff08\u8edf\u7740\u9678\uff09\u300dvs\u300c\u666f\u6c17\u5f8c\u9000\u671f\u5229\u4e0b\u3052\uff08\u786c\u7740\u9678\uff09\u300d<\/span><\/p>\n<\/li>\n<li>\n<p><span class=\"selected\">5-2. \u91d1\u5229\u4f4e\u4e0b\u304c\u5404\u30bb\u30af\u30bf\u30fc\u306b\u53ca\u307c\u3059\u30e1\u30ab\u30cb\u30ba\u30e0<\/span><\/p>\n<\/li>\n<li>\n<p><span class=\"selected\">5-3. \u914d\u5f53\u5229\u56de\u308a\u3068\u4ee3\u66ff\u8cc7\u7523\uff08MMF\u30fb\u50b5\u5238\uff09\u304b\u3089\u306e\u8cc7\u91d1\u56de\u5e30<\/span><\/p>\n<\/li>\n<li>\n<p><span class=\"selected\">5-4. \u70ba\u66ff\u52d5\u5411\uff08\u30c9\u30eb\u5186\uff09\u3068\u7a0e\u5236\u4e0a\u306e\u7559\u610f\u70b9<\/span><\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u91d1\u878d\u3084\u6295\u8cc7\u306e\u77e5\u8b58\uff08\u30ea\u30c6\u30e9\u30b7\u30fc\uff09\u304c\u306a\u305c\u91cd\u8981\u306a\u306e\u304b<\/span><\/strong><\/p>\n<ul>\n<li>\n<p><span class=\"selected\">6-1. \u300c\u4ed6\u4eba\u306e\u63a8\u5968\u300d\u304b\u3089\u300c\u81ea\u5df1\u306e\u57fa\u6e96\u300d\u3078\u306e\u8ee2\u63db<\/span><\/p>\n<\/li>\n<li>\n<p><span class=\"selected\">6-2. \u66b4\u843d\u6642\u30fb\u904e\u71b1\u6642\u306b\u304a\u3051\u308b\u5fc3\u7406\u7684\u30d0\u30a4\u30a2\u30b9\uff08FOMO\u3068\u72fc\u72fd\u58f2\u308a\uff09\u306e\u514b\u670d<\/span><\/p>\n<\/li>\n<li>\n<p><span class=\"selected\">6-3. \u9577\u671f\u8907\u5229\u904b\u7528\u306e\u6570\u5b66\u7684\u771f\u5b9f<\/span><\/p>\n<\/li>\n<li>\n<p><span class=\"selected\">6-4. \u5909\u5316\u3059\u308b\u30de\u30af\u30ed\u74b0\u5883\u3092\u751f\u304d\u629c\u304f\u77e5\u7684\u9632\u58c1<\/span><\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u7dcf\u62ec\u3068\u660e\u65e5\u304b\u3089\u306e\u5b9f\u8df5\u30ed\u30fc\u30c9\u30de\u30c3\u30d7<\/span><\/strong><\/p>\n<\/li>\n<\/ol>\n<h2><span class=\"selected\">1. \u91cd\u8981\u306a\u30dd\u30a4\u30f3\u30c8\uff08Key Takeaways\uff09<\/span><\/h2>\n<ul>\n<li>\n<p><strong><span class=\"selected\">AI\u30a4\u30f3\u30d5\u30e9\u306e\u904e\u71b1\u3068\u30de\u30cd\u30bf\u30a4\u30ba\u306e\u4e56\u96e2<\/span><\/strong><\/p>\n<p><span class=\"selected\">\u5927\u624bIT\uff08\u30cf\u30a4\u30d1\u30fc\u30b9\u30b1\u30fc\u30e9\u30fc\uff09\u306b\u3088\u308b\u5de8\u984d\u306e\u8a2d\u5099\u6295\u8cc7\u306f\u62e1\u5927\u3092\u7d9a\u3051\u3066\u3044\u307e\u3059\u304c\u3001\u30bd\u30d5\u30c8\u30a6\u30a7\u30a2\u3084\u5b9f\u30d3\u30b8\u30cd\u30b9\u3067\u306e\u53ce\u76ca\u5316\u30da\u30fc\u30b9\u304c\u8ffd\u3044\u3064\u304b\u306a\u3051\u308c\u3070\u3001\u6295\u8cc7\u30b5\u30a4\u30af\u30eb\u306e\u6025\u6e1b\u901f\u3092\u62db\u304f\u61f8\u5ff5\u304c\u3042\u308a\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u7269\u7406\u7684\u5236\u7d04\u3068\u3044\u3046\u65b0\u305f\u306a\u58c1<\/span><\/strong><\/p>\n<p><span class=\"selected\">\u5148\u7aef\u30c1\u30c3\u30d7\u304c\u6f64\u6ca2\u306b\u3042\u3063\u3066\u3082\u3001\u96fb\u529b\u4f9b\u7d66\u306e\u903c\u8feb\u3001\u5909\u5727\u5668\u306a\u3069\u306e\u9001\u96fb\u7db2\u8a2d\u5099\u306e\u4e0d\u8db3\u3001\u7528\u5730\u4e0d\u8db3\u304c\u30b5\u30fc\u30d0\u30fc\u7a3c\u50cd\u306e\u30dc\u30c8\u30eb\u30cd\u30c3\u30af\u3068\u306a\u3063\u3066\u304a\u308a\u3001\u6210\u9577\u30b9\u30d4\u30fc\u30c9\u306e\u5236\u7d04\u8981\u56e0\u306b\u306a\u3063\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u6295\u8cc7\u306b\u6f5c\u3080\u300c\u898b\u3048\u306a\u3044\u96c6\u4e2d\u30ea\u30b9\u30af\u300d<\/span><\/strong><\/p>\n<p><span class=\"selected\">S&amp;P 500\u3084\u30aa\u30eb\u30ab\u30f3\u3092\u4fdd\u6709\u3057\u3066\u3044\u3066\u3082\u3001\u6642\u4fa1\u7dcf\u984d\u52a0\u91cd\u5e73\u5747\u306e\u6027\u8cea\u4e0a\u3001\u60c5\u5831\u6280\u8853\u30fb\u901a\u4fe1\u95a2\u9023\u304c30\u301c40%\u8fd1\u304f\u3092\u5360\u3081\u3066\u304a\u308a\u3001\u5b9f\u8cea\u7684\u306b\u300c\u5927\u578b\u30c6\u30c3\u30af\u682a\u3078\u306e\u96c6\u4e2d\u6295\u8cc7\u300d\u3068\u306a\u3063\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u975eAI\u30bb\u30af\u30bf\u30fc\u306b\u3088\u308b\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u8131\u8272<\/span><\/strong><\/p>\n<p><span class=\"selected\">\u751f\u6d3b\u5fc5\u9700\u54c1\u3001\u88fd\u85ac\u3001\u9280\u884c\u3001\u9632\u885b\u30fb\u91cd\u5de5\u306a\u3069\u3001IT\u306e\u8a2d\u5099\u6295\u8cc7\u30b5\u30a4\u30af\u30eb\u3068\u306f\u7570\u306a\u308b\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u30ba\u3067\u52d5\u304f\u7523\u696d\u3092\u7d44\u307f\u5408\u308f\u305b\u308b\u3053\u3068\u3067\u3001\u30c9\u30ed\u30fc\u30c0\u30a6\u30f3\uff08\u8cc7\u7523\u4e0b\u843d\uff09\u306e\u5e45\u3092\u5927\u304d\u304f\u6291\u5236\u3067\u304d\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">VYM\u3068HDV\u306e\u660e\u78ba\u306a\u4f7f\u3044\u5206\u3051<\/span><\/strong><\/p>\n<ul>\n<li>\n<p><strong><span class=\"selected\">VYM<\/span><\/strong><span class=\"selected\">: \u7d04400\u9298\u67c4\u4ee5\u4e0a\u306e\u5e83\u7bc4\u306a\u5206\u6563\u3067\u5e02\u5834\u5168\u4f53\u306e\u6210\u9577\u3092\u7de9\u3084\u304b\u306b\u8ffd\u968f\u3057\u3001\u5897\u914d\u3092\u72d9\u3046\u30d0\u30e9\u30f3\u30b9\u578b\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">HDV<\/span><\/strong><span class=\"selected\">: \u8ca1\u52d9\u5065\u5168\u6027\u306e\u9ad8\u3044\u7d0475\u9298\u67c4\u306b\u7d5e\u308a\u8fbc\u307f\u3001\u60c5\u5831\u6280\u8853\u3092\u307b\u307c\u6392\u9664\uff081%\u672a\u6e80\uff09\u3057\u305f\u7d14\u5ea6\u306e\u9ad8\u3044\u30c7\u30a3\u30d5\u30a7\u30f3\u30b7\u30d6\u578b\u3002<\/span><\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u5229\u4e0b\u3052\u5c40\u9762\u306e\u512a\u52a3\u306f\u300c\u666f\u6c17\u80cc\u666f\u300d\u3067\u6fc0\u5909\u3059\u308b<\/span><\/strong><\/p>\n<p><span class=\"selected\">\u666f\u6c17\u304c\u5e95\u5805\u3044\u8edf\u7740\u9678\uff08\u30bd\u30d5\u30c8\u30e9\u30f3\u30c7\u30a3\u30f3\u30b0\uff09\u4e0b\u3067\u306f\u30cf\u30a4\u30c6\u30af\u682a\u306e\u512a\u4f4d\u304c\u7d9a\u304d\u3084\u3059\u3044\u4e00\u65b9\u3001\u666f\u6c17\u5f8c\u9000\uff08\u30cf\u30fc\u30c9\u30e9\u30f3\u30c7\u30a3\u30f3\u30b0\uff09\u306b\u9665\u3063\u305f\u5834\u5408\u306f\u3001\u8ca1\u52d9\u304c\u5065\u5168\u3067\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u304c\u5b89\u5b9a\u3057\u3066\u3044\u308bHDV\u306e\u3088\u3046\u306a\u30c7\u30a3\u30d5\u30a7\u30f3\u30b7\u30d6\u9ad8\u914d\u5f53\u682a\u304c\u5e02\u5834\u3092\u5927\u304d\u304f\u30a2\u30a6\u30c8\u30d1\u30d5\u30a9\u30fc\u30e0\u3057\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u6295\u8cc7\u77e5\u8b58\u306f\u6700\u5927\u306e\u9632\u885b\u8cc7\u7523<\/span><\/strong><\/p>\n<p><span class=\"selected\">\u76f8\u5834\u306e\u4e0a\u4e0b\u52d5\u306b\u4e00\u559c\u4e00\u6182\u305b\u305a\u3001\u8cc7\u7523\u30af\u30e9\u30b9\u306e\u69cb\u9020\u3068\u7d4c\u6e08\u30e1\u30ab\u30cb\u30ba\u30e0\u3092\u7406\u89e3\u3057\u3066\u30eb\u30fc\u30eb\u306b\u57fa\u3065\u3044\u305f\u904b\u7528\u3092\u884c\u3046\u3053\u3068\u304c\u3001\u9577\u671f\u7684\u306a\u5bcc\u306e\u5f62\u6210\u306b\u304a\u3044\u3066\u6700\u3082\u91cd\u8981\u3067\u3059\u3002<\/span><\/p>\n<\/li>\n<\/ul>\n<h2><span class=\"selected\">2. AI\u30fb\u534a\u5c0e\u4f53\u30bb\u30af\u30bf\u30fc\u304c\u76f4\u9762\u3059\u308b5\u3064\u306e\u69cb\u9020\u7684\u30ea\u30b9\u30af<\/span><\/h2>\n<p><span class=\"selected\">\u682a\u5f0f\u5e02\u5834\u306b\u304a\u3044\u3066\u3001AI\u3084\u534a\u5c0e\u4f53\u95a2\u9023\u682a\u306f\u76ee\u899a\u307e\u3057\u3044\u4e0a\u6607\u3092\u898b\u305b\u3066\u304d\u307e\u3057\u305f\u3002\u3057\u304b\u3057\u3001\u6210\u9577\u30b9\u30c8\u30fc\u30ea\u30fc\u304c\u5e83\u304f\u8a8d\u77e5\u3055\u308c\u3001\u682a\u4fa1\u306b\u5927\u91cf\u306e\u697d\u89b3\u304c\u7e54\u308a\u8fbc\u307e\u308c\u305f\u6bb5\u968e\u3067\u3001\u6295\u8cc7\u5bb6\u306f\u6b21\u306e\u300c5\u3064\u306e\u69cb\u9020\u7684\u30ea\u30b9\u30af\u300d\u306b\u76f4\u9762\u3059\u308b\u3053\u3068\u306b\u306a\u308a\u307e\u3059\u3002<\/span><\/p>\n<pre><code><span class=\"selected\">\u3010\u5e02\u5834\u304c\u76f4\u9762\u3059\u308bAI\u30fb\u534a\u5c0e\u4f53\u306e\u61f8\u5ff5\u69cb\u9020\u3011\r\n\uff3b\u5de8\u984d\u8a2d\u5099\u6295\u8cc7\u306e\u7d99\u7d9a\uff3d \u2500\u2500\u2500\u2192 \uff3b\u30de\u30cd\u30bf\u30a4\u30ba\uff08ROI\uff09\u306e\u9045\u308c\uff3d\r\n         \u2502\r\n\uff3b\u96fb\u529b\u30fb\u9001\u96fb\u7db2\u306e\u4e0d\u8db3\uff3d \u2500\u2500\u2500\u2192 \uff3b\u7269\u7406\u7684\u7a3c\u50cd\u306e\u9650\u754c\uff3d\r\n         \u2502\r\n\uff3b\u904e\u53bb\u306e\u904e\u5270\u767a\u6ce8\uff3d   \u2500\u2500\u2500\u2192 \uff3b\u30b7\u30ea\u30b3\u30f3\u30b5\u30a4\u30af\u30eb\u306e\u53cd\u52d5\u8abf\u6574\uff3d\r\n         \u2502\r\n\uff3b\u9ad8\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\uff3d \u2500\u2500\u2500\u2192 \uff3b\u91d1\u5229\u9ad8\u6b62\u307e\u308a\u306b\u3088\u308b\u682a\u4fa1\u6025\u843d\u30ea\u30b9\u30af\uff3d\r\n         \u2502\r\n\uff3b\u7c73\u4e2d\u30cf\u30a4\u30c6\u30af\u6469\u64e6\uff3d   \u2500\u2500\u2500\u2192 \uff3b\u5730\u653f\u5b66\u7684\u898f\u5236\u3068\u53f0\u6e7e\u96c6\u4e2d\u30ea\u30b9\u30af\uff3d\r\n<\/span><br class=\"ProseMirror-trailingBreak\" \/>\r\n<\/code><\/pre>\n<h3><span class=\"selected\">2-1. \u5de8\u984d\u30a4\u30f3\u30d5\u30e9\u6295\u8cc7\u3068\u30de\u30cd\u30bf\u30a4\u30ba\uff08ROI\uff09\u306e\u30ae\u30e3\u30c3\u30d7<\/span><\/h3>\n<p><span class=\"selected\">Microsoft\u3001Alphabet\u3001Meta\u3001Amazon\u306a\u3069\u306e\u30cf\u30a4\u30d1\u30fc\u30b9\u30b1\u30fc\u30e9\u30fc\u306f\u3001\u5e74\u9593\u6570\u767e\u5104\u30c9\u30eb\u304b\u3089\u5343\u5104\u30c9\u30eb\u898f\u6a21\u306e\u8cc7\u672c\u7684\u652f\u51fa\uff08Capex\uff09\u3092AI\u30a4\u30f3\u30d5\u30e9\uff08\u30c7\u30fc\u30bf\u30bb\u30f3\u30bf\u30fc\u5efa\u8a2d\u3001\u5148\u7aefGPU\u8cfc\u5165\u306a\u3069\uff09\u306b\u6295\u3058\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n<p><span class=\"selected\">\u3057\u304b\u3057\u3001\u30a4\u30f3\u30d5\u30e9\u6574\u5099\u306b\u304b\u304b\u308b\u6e1b\u4fa1\u511f\u5374\u8cbb\u3084\u904b\u7528\u30b3\u30b9\u30c8\u304c\u6025\u5897\u3059\u308b\u4e00\u65b9\u3067\u3001\u30a8\u30f3\u30c9\u30e6\u30fc\u30b6\u30fc\u3084\u6cd5\u4eba\u9867\u5ba2\u304b\u3089\u5f97\u3089\u308c\u308bAI\u30bd\u30d5\u30c8\u30a6\u30a7\u30a2\u306e\u8ffd\u52a0\u58f2\u4e0a\u9ad8\uff08\u30de\u30cd\u30bf\u30a4\u30ba\uff09\u306f\u3001\u307e\u3060\u305d\u306e\u8a2d\u5099\u6295\u8cc7\u898f\u6a21\u306b\u898b\u5408\u3046\u6c34\u6e96\u306b\u306f\u9054\u3057\u3066\u3044\u307e\u305b\u3093\u3002\u5e02\u5834\u3067\u306f\u300c\u5c06\u6765\u306e\u53ce\u76ca\u6a5f\u4f1a\u3092\u9003\u3055\u306a\u3044\u305f\u3081\u306e\u9632\u885b\u7684\u6295\u8cc7\uff08\u4ed6\u793e\u306b\u8ca0\u3051\u306a\u3044\u305f\u3081\u306e\u904e\u5270\u6295\u8cc7\uff09\u300d\u304c\u884c\u308f\u308c\u3066\u3044\u308b\u306e\u3067\u306f\u306a\u3044\u304b\u3068\u3044\u3046\u7591\u5ff5\u304c\u751f\u3058\u3066\u304a\u308a\u3001\u56db\u534a\u671f\u6c7a\u7b97\u3054\u3068\u306b\u6295\u8cc7\u56de\u53ce\u7387\uff08ROI\uff09\u3078\u306e\u8ffd\u53ca\u304c\u53b3\u3057\u3055\u3092\u5897\u3057\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n<h3><span class=\"selected\">2-2. \u96fb\u529b\u30fb\u9001\u96fb\u7db2\u30fb\u51b7\u5374\u30b7\u30b9\u30c6\u30e0\u306e\u300c\u7269\u7406\u7684\u5236\u7d04\u300d<\/span><\/h3>\n<p><span class=\"selected\">\u5148\u7aefAI\u30c1\u30c3\u30d7\uff08\u30a2\u30af\u30bb\u30e9\u30ec\u30fc\u30bf\uff09\u306e\u6027\u80fd\u5411\u4e0a\u3068\u4e26\u884c\u3057\u3066\u3001\u6d88\u8cbb\u96fb\u529b\u306f\u5e7e\u4f55\u7d1a\u6570\u7684\u306b\u5897\u5927\u3057\u3066\u3044\u307e\u3059\u3002\u30c7\u30fc\u30bf\u30bb\u30f3\u30bf\u30fc\u3092\u65b0\u8a2d\u3057\u3088\u3046\u3068\u3057\u3066\u3082\u3001\u4ee5\u4e0b\u306e\u7269\u7406\u7684\u30cf\u30fc\u30c9\u30eb\u304c\u7acb\u3061\u585e\u304c\u3063\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n<ul>\n<li>\n<p><strong><span class=\"selected\">\u767a\u96fb\u80fd\u529b\u306e\u4e0d\u8db3<\/span><\/strong><span class=\"selected\">: \u30d9\u30fc\u30b9\u30ed\u30fc\u30c9\u96fb\u6e90\uff08\u539f\u5b50\u529b\u3001\u5929\u7136\u30ac\u30b9\u3001\u5927\u898f\u6a21\u518d\u751f\u53ef\u80fd\u30a8\u30cd\u30eb\u30ae\u30fc\uff09\u306e\u78ba\u4fdd\u304c\u56f0\u96e3\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u9001\u96fb\u7db2\u30fb\u5909\u5727\u5668\u306e\u7d0d\u671f\u9577\u671f\u5316<\/span><\/strong><span class=\"selected\">: \u9ad8\u5727\u5909\u5727\u5668\u306a\u3069\u306e\u9001\u96fb\u30a4\u30f3\u30d5\u30e9\u306f\u767a\u6ce8\u304b\u3089\u7d0d\u54c1\u307e\u3067\u6570\u5e74\u3092\u8981\u3059\u308b\u4e8b\u614b\u304c\u767a\u751f\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u51b7\u5374\u30a4\u30f3\u30d5\u30e9\u3068\u74b0\u5883\u8ca0\u8377<\/span><\/strong><span class=\"selected\">: \u6c34\u51b7\u30b7\u30b9\u30c6\u30e0\u3078\u306e\u79fb\u884c\u306b\u4f34\u3046\u30b3\u30b9\u30c8\u5897\u3084\u6c34\u8cc7\u6e90\u306e\u5236\u7d04\u3002<\/span><\/p>\n<\/li>\n<\/ul>\n<p><span class=\"selected\">\u3069\u308c\u307b\u3069\u512a\u308c\u305f\u30c1\u30c3\u30d7\u3092\u8a2d\u8a08\u30fb\u88fd\u9020\u3067\u304d\u3066\u3082\u3001\u3053\u308c\u3089\u3092\u7a3c\u50cd\u3055\u305b\u308b\u30a4\u30f3\u30d5\u30e9\u304c\u6574\u308f\u306a\u3051\u308c\u3070\u3001\u30b5\u30fc\u30d0\u30fc\u306e\u5c0e\u5165\u30b9\u30d4\u30fc\u30c9\u81ea\u4f53\u304c\u5f37\u5236\u7684\u306b\u6e1b\u901f\u305b\u3056\u308b\u3092\u5f97\u307e\u305b\u3093\u3002<\/span><\/p>\n<h3><span class=\"selected\">2-3. \u5148\u884c\u767a\u6ce8\u30fb\u4e8c\u91cd\u767a\u6ce8\u306e\u89e3\u6d88\uff08\u30b7\u30ea\u30b3\u30f3\u30b5\u30a4\u30af\u30eb\u306e\u53cd\u52d5\uff09<\/span><\/h3>\n<p><span class=\"selected\">\u534a\u5c0e\u4f53\u696d\u754c\u306f\u53e4\u304f\u304b\u3089\u300c\u597d\u6cc1\u671f\u306b\u9700\u8981\u304c\u904e\u5927\u8a55\u4fa1\u3055\u308c\u3001\u8a2d\u5099\u6295\u8cc7\u304c\u884c\u304d\u904e\u304e\u305f\u5f8c\u306b\u9700\u7d66\u304c\u5d29\u58ca\u3059\u308b\u300d\u3068\u3044\u3046\u30b7\u30ea\u30b3\u30f3\u30b5\u30a4\u30af\u30eb\u3092\u7e70\u308a\u8fd4\u3057\u3066\u304d\u307e\u3057\u305f\u3002<\/span><\/p>\n<p><span class=\"selected\">\u54c1\u4e0d\u8db3\u304c\u6975\u307e\u3063\u305f\u5c40\u9762\u3067\u306f\u3001\u9867\u5ba2\u4f01\u696d\u306f\u90e8\u6750\u78ba\u4fdd\u306e\u305f\u3081\u306b\u5fc5\u8981\u91cf\u4ee5\u4e0a\u306e\u300c\u4e8c\u91cd\u767a\u6ce8\uff08\u30c0\u30d6\u30eb\u30d6\u30c3\u30ad\u30f3\u30b0\uff09\u300d\u3092\u884c\u3046\u50be\u5411\u304c\u3042\u308a\u307e\u3059\u3002\u4f9b\u7d66\u80fd\u529b\u304c\u6574\u3044\u3001\u9867\u5ba2\u5074\u3067\u5728\u5eab\u304c\u7a4d\u307f\u4e0a\u304c\u308a\u59cb\u3081\u308b\u3068\u3001\u7a81\u7136\u306e\u53d7\u6ce8\u30ad\u30e3\u30f3\u30bb\u30eb\u3084\u767a\u6ce8\u505c\u6b62\u304c\u767a\u751f\u3057\u307e\u3059\u3002AI\u30c1\u30c3\u30d7\u3082\u4f8b\u5916\u3067\u306f\u306a\u304f\u3001\u30cf\u30a4\u30d1\u30fc\u30b9\u30b1\u30fc\u30e9\u30fc\u306e\u6295\u8cc7\u304c\u4e00\u5de1\u3057\u305f\u969b\u306b\u6025\u6fc0\u306a\u5728\u5eab\u8abf\u6574\u5c40\u9762\u304c\u8a2a\u308c\u308b\u30ea\u30b9\u30af\u306f\u5e38\u306b\u71fb\u3063\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n<h3><span class=\"selected\">2-4. \u9ad8\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u3068\u5272\u5f15\u7387\uff08\u91d1\u5229\u9ad8\u6b62\u307e\u308a\u30ea\u30b9\u30af\uff09<\/span><\/h3>\n<p><span class=\"selected\">\u591a\u304f\u306e\u534a\u5c0e\u4f53\u304a\u3088\u3073AI\u95a2\u9023\u4f01\u696d\u306f\u3001\u682a\u4fa1\u53ce\u76ca\u7387\uff08PER\uff09\u304c30\u500d\u301c50\u500d\u3001\u5834\u5408\u306b\u3088\u3063\u3066\u306f\u305d\u308c\u4ee5\u4e0a\u306e\u9ad8\u3044\u671f\u5f85\u5024\u3092\u7e54\u308a\u8fbc\u3093\u3067\u53d6\u5f15\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n<p><span class=\"selected\">\u30d5\u30a1\u30a4\u30ca\u30f3\u30b9\u7406\u8ad6\u4e0a\u3001\u682a\u4fa1\u306f\u300c\u5c06\u6765\u751f\u307f\u51fa\u3055\u308c\u308b\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u3092\u73fe\u5728\u306e\u4fa1\u5024\u306b\u5272\u308a\u5f15\u3044\u305f\u5408\u8a08\u300d\u3067\u6c7a\u307e\u308a\u307e\u3059\u3002\u5e02\u5834\u91d1\u5229\u304c\u9ad8\u6b62\u307e\u308a\u3059\u308b\u3068\u3001\u5c06\u6765\u306e\u5229\u76ca\u306b\u5bfe\u3059\u308b\u300c\u5272\u5f15\u7387\u300d\u304c\u5927\u304d\u304f\u306a\u308a\u3001\u9ad8PER\u682a\u307b\u3069\u7406\u8ad6\u682a\u4fa1\u306e\u4e0b\u843d\u5727\u529b\u3092\u5f37\u304f\u53d7\u3051\u307e\u3059\u3002\u3055\u3089\u306b\u3001\u6975\u3081\u3066\u9ad8\u3044\u696d\u7e3e\u6210\u9577\u3092\u524d\u63d0\u3068\u3057\u3066\u3044\u308b\u305f\u3081\u3001\u6c7a\u7b97\u3067\u308f\u305a\u304b\u3067\u3082\u5e02\u5834\u4e88\u60f3\u3092\u4e0b\u56de\u3063\u305f\u308a\u3001\u30ac\u30a4\u30c0\u30f3\u30b9\uff08\u696d\u7e3e\u898b\u901a\u3057\uff09\u304c\u614e\u91cd\u3067\u3042\u3063\u305f\u308a\u3059\u308b\u3060\u3051\u3067\u30011\u65e5\u3067\u682a\u4fa1\u304c10%\u301c20%\u4ee5\u4e0a\u6025\u843d\u3059\u308b\u8106\u5f31\u6027\u3092\u62b1\u3048\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n<h3><span class=\"selected\">2-5. \u5730\u653f\u5b66\u30ea\u30b9\u30af\u3068\u5bfe\u4e2d\u8f38\u51fa\u898f\u5236<\/span><\/h3>\n<p><span class=\"selected\">\u30cf\u30a4\u30c6\u30af\u5206\u91ce\u306f\u56fd\u5bb6\u306e\u5b89\u5168\u4fdd\u969c\u3068\u76f4\u7d50\u3057\u3066\u3044\u307e\u3059\u3002\u7c73\u56fd\u653f\u5e9c\u306b\u3088\u308b\u5148\u7aef\u534a\u5c0e\u4f53\u304a\u3088\u3073\u88fd\u9020\u88c5\u7f6e\u306e\u5bfe\u4e2d\u8f38\u51fa\u898f\u5236\u306f\u5e74\u3005\u5f37\u5316\u3055\u308c\u3066\u304a\u308a\u3001\u4e3b\u8981\u534a\u5c0e\u4f53\u4f01\u696d\u306b\u3068\u3063\u3066\u5de8\u5927\u5e02\u5834\u3067\u3042\u3063\u305f\u4e2d\u56fd\u5411\u3051\u58f2\u4e0a\u306e\u5236\u7d04\u8981\u56e0\u3068\u306a\u3063\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n<p><span class=\"selected\">\u307e\u305f\u3001\u4e16\u754c\u306e\u6700\u5148\u7aef\u534a\u5c0e\u4f53\u53d7\u8a17\u88fd\u9020\uff08\u30d5\u30a1\u30a6\u30f3\u30c9\u30ea\uff09\u306e\u5927\u90e8\u5206\u304c\u53f0\u6e7e\uff08TSMC\u7b49\uff09\u306b\u96c6\u4e2d\u3057\u3066\u3044\u308b\u3068\u3044\u3046\u30b5\u30d7\u30e9\u30a4\u30c1\u30a7\u30fc\u30f3\u69cb\u9020\u305d\u306e\u3082\u306e\u304c\u3001\u53f0\u6e7e\u6d77\u5ce1\u3092\u5de1\u308b\u5730\u653f\u5b66\u7684\u7dca\u5f35\u306b\u304a\u3044\u3066\u6700\u5927\u306e\u30b7\u30b9\u30c6\u30df\u30c3\u30af\u30ea\u30b9\u30af\u3068\u3057\u3066\u610f\u8b58\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n<div class=\"xcd-attention-6 xcd-col5 xcd-ripple\">\n<div class=\"xcd-title-wrap\">\n<div class=\"xcd-title\"><span>\u3042\u306a\u305f\u306b\u672c\u5f53\u306b\u9069\u3057\u305f\u6295\u8cc7\u306f\u3069\u308c\uff1f<\/span><\/div>\n<\/div>\n<div class=\"xcd-content\">\n<p><span style=\"font-size: 12pt;\"><strong>\u30fb\u6295\u8cc7\u3067\u53ce\u5165\u3092\u5f97\u305f\u3044\u3001\u8cc7\u7523\u3092\u5897\u3084\u3057\u305f\u3044\u3000YES or NO<\/strong><\/span><br \/>\n<span style=\"font-size: 12pt;\"><strong>\u30fb\u30ea\u30b9\u30af\u306f\u3067\u304d\u308b\u3060\u3051\u6291\u3048\u305f\u3044\u3000YES or NO<\/strong><\/span><br \/>\n<span style=\"font-size: 12pt;\"><strong>\u30fb\u6295\u8cc7\u5148\u306e\u898b\u6975\u3081\u65b9\u3092\u77e5\u308a\u305f\u3044\u3000YES or NO<\/strong><\/span><br \/>\n<span style=\"font-size: 12pt;\"><strong>\u30fb\u6210\u529f\u3057\u3066\u3044\u308b\u6295\u8cc7\u5bb6\u3068\u63a5\u70b9\u304c\u6b32\u3057\u3044\u3000YES or NO<\/strong><\/span><br \/>\n<span style=\"font-size: 12pt;\"><strong>\u30fb\u7269\u4fa1\u4e0a\u6607\u3078\u306e\u5bfe\u7b56\u306b\u306f\u6295\u8cc7\u304c\u5fc5\u8981\u3068\u8003\u3048\u3066\u3044\u308b\u3000YES or NO<\/strong><\/span><\/p>\n<p><span style=\"font-size: 14pt;\"><a href=\"https:\/\/toushi-up.com\/ow\/05.html?utm_source=article&amp;utm_medium=cta&amp;utm_content=ueoka\"><strong>\u2192\u3000YES\u304c\uff13\u3064\u4ee5\u4e0a\u3060\u3063\u305f\u65b9\u306f\u3001\u3053\u3061\u3089\u3092\u30af\u30ea\u30c3\u30af<\/strong><\/a><\/span><\/p>\n<\/div>\n<\/div>\n<h2><span class=\"selected\">3. AI\u30fb\u534a\u5c0e\u4f53\u30b5\u30a4\u30af\u30eb\u304b\u3089\u81ea\u7acb\u3057\u305f\u300c\u975eAI\u9298\u67c4\u30fb\u30bb\u30af\u30bf\u30fc\u300d\u306e\u9078\u5b9a<\/span><\/h2>\n<p><span class=\"selected\">\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u904e\u5ea6\u306a\u30cf\u30a4\u30c6\u30af\u504f\u91cd\u3092\u662f\u6b63\u3059\u308b\u305f\u3081\u306b\u306f\u3001\u300c\u5229\u76ca\u306e\u6e90\u6cc9\u304cAI\u3084IT\u8a2d\u5099\u6295\u8cc7\u3068\u306f\u5168\u304f\u5225\u306e\u529b\u5b66\u3067\u52d5\u3044\u3066\u3044\u308b\u30bb\u30af\u30bf\u30fc\u300d\u3092\u7d44\u307f\u5165\u308c\u308b\u3053\u3068\u304c\u57fa\u672c\u6226\u7565\u3068\u306a\u308a\u307e\u3059\u3002\u4ee5\u4e0b\u306b\u6319\u3052\u308b4\u3064\u306e\u30bb\u30af\u30bf\u30fc\u306f\u3001\u666f\u6c17\u30b5\u30a4\u30af\u30eb\u3084\u91d1\u5229\u52d5\u5411\u306b\u5bfe\u3059\u308b\u53cd\u5fdc\u304c\u30cf\u30a4\u30c6\u30af\u3068\u306f\u7570\u306a\u308a\u3001\u512a\u308c\u305f\u5206\u6563\u52b9\u679c\u3092\u3082\u305f\u3089\u3057\u307e\u3059\u3002<\/span><\/p>\n<pre><code><span class=\"selected\">\u3010\u975eAI\u30bb\u30af\u30bf\u30fc\u306e\u7279\u6027\u30de\u30c8\u30ea\u30c3\u30af\u30b9\u3011\r\n\u250c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u252c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u252c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2510\r\n\u2502 \u30bb\u30af\u30bf\u30fc      \u2502 \u4e3b\u306a\u696d\u7e3e\u30c9\u30e9\u30a4\u30d0\u30fc       \u2502 \u30cf\u30a4\u30c6\u30af\u8abf\u6574\u5c40\u9762\u3067\u306e\u5f37\u307f  \u2502\r\n\u251c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u253c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u253c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2524\r\n\u2502 \u751f\u6d3b\u5fc5\u9700\u54c1    \u2502 \u65e5\u5e38\u306e\u6d88\u8cbb\u3001\u4fa1\u683c\u8ee2\u5ac1\u529b     \u2502 \u666f\u6c17\u30fb\u5e02\u6cc1\u306b\u5de6\u53f3\u3055\u308c\u306a\u3044\u9632\u5fa1\u529b \u2502\r\n\u2502 \u30d8\u30eb\u30b9\u30b1\u30a2    \u2502 \u9ad8\u9f62\u5316\u3001\u72ec\u81ea\u65b0\u85ac\u306e\u627f\u8a8d     \u2502 \u30cf\u30a4\u30c6\u30af\u76f8\u5834\u3068\u306e\u6975\u3081\u3066\u4f4e\u3044\u76f8\u95a2 \u2502\r\n\u2502 \u9280\u884c\u30fb\u4fdd\u967a    \u2502 \u91d1\u5229\u6c34\u6e96\u3001\u5229\u30b6\u30e4\u3001\u682a\u4e3b\u9084\u5143 \u2502 \u91d1\u5229\u9ad8\u6b62\u307e\u308a\u5c40\u9762\u3067\u306e\u696d\u7e3e\u4f38\u9577   \u2502\r\n\u2502 \u91cd\u5de5\u30fb\u30a4\u30f3\u30d5\u30e9\u2502 \u56fd\u9632\u4e88\u7b97\u3001\u9577\u671f\u5951\u7d04\u3001\u8131\u70ad\u7d20 \u2502 \u666f\u6c17\u5f8c\u9000\u306b\u5f37\u3044\u5f37\u56fa\u306a\u53d7\u6ce8\u6b8b\u9ad8   \u2502\r\n\u2514\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2534\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2534\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2518\r\n<\/span><br class=\"ProseMirror-trailingBreak\" \/>\r\n<\/code><\/pre>\n<h3><span class=\"selected\">3-1. \u751f\u6d3b\u5fc5\u9700\u54c1\u30fb\u30c7\u30a3\u30d5\u30a7\u30f3\u30b7\u30d6\u6d88\u8cbb\uff08\u4fa1\u683c\u6c7a\u5b9a\u529b\u3068\u65e5\u5e38\u9700\u8981\uff09<\/span><\/h3>\n<p><span class=\"selected\">\u3069\u306e\u3088\u3046\u306a\u4e0d\u6cc1\u306b\u898b\u821e\u308f\u308c\u3088\u3046\u3068\u3082\u3001\u3042\u308b\u3044\u306fAI\u30d0\u30d6\u30eb\u304c\u5d29\u58ca\u3057\u3088\u3046\u3068\u3082\u3001\u4eba\u3005\u306f\u65e5\u3005\u306e\u98df\u4e8b\u3092\u6442\u308a\u3001\u6d17\u5264\u3092\u4f7f\u3044\u3001\u30c8\u30a4\u30ec\u30c3\u30c8\u30da\u30fc\u30d1\u30fc\u3092\u6d88\u8cbb\u3057\u307e\u3059\u3002<\/span><\/p>\n<ul>\n<li>\n<p><strong><span class=\"selected\">\u5e02\u5834\u7279\u6027<\/span><\/strong><span class=\"selected\">: \u9700\u8981\u306e\u4fa1\u683c\u5f3e\u529b\u6027\u304c\u4f4e\u304f\u3001\u30a4\u30f3\u30d5\u30ec\u5c40\u9762\u3067\u3082\u88fd\u54c1\u4fa1\u683c\u306b\u30b3\u30b9\u30c8\u3092\u8ee2\u5ac1\u3067\u304d\u308b\u300c\u30d6\u30e9\u30f3\u30c9\u529b\u300d\u3092\u6301\u3064\u4f01\u696d\u7fa4\u3067\u3059\u3002\u30d9\u30fc\u30bf\u5024\uff08\u5e02\u5834\u5e73\u5747\u306b\u5bfe\u3059\u308b\u611f\u5fdc\u5ea6\uff09\u304c\u4f4e\u304f\u3001\u682a\u4fa1\u304c\u6025\u843d\u3059\u308b\u5c40\u9762\u3067\u8cc7\u7523\u306e\u9632\u6ce2\u5824\u3068\u306a\u308a\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u4ee3\u8868\u7684\u306a\u9298\u67c4\u4f8b<\/span><\/strong><span class=\"selected\">:<\/span><\/p>\n<ul>\n<li>\n<p><strong><span class=\"selected\">\u30a6\u30a9\u30eb\u30de\u30fc\u30c8\uff08WMT\uff09\/ \u30b3\u30b9\u30c8\u30b3\uff08COST\uff09<\/span><\/strong><span class=\"selected\">: \u5727\u5012\u7684\u306a\u8cfc\u8cb7\u529b\u3068\u4f1a\u54e1\u5236\u30e2\u30c7\u30eb\u306b\u3088\u308a\u3001\u30a4\u30f3\u30d5\u30ec\u4e0b\u3067\u3082\u4e2d\u9593\u6240\u5f97\u5c64\u304b\u3089\u652f\u6301\u3092\u96c6\u3081\u308b\u5c0f\u58f2\u308a\u5927\u624b\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u30d7\u30ed\u30af\u30bf\u30fc\u30fb\u30a2\u30f3\u30c9\u30fb\u30ae\u30e3\u30f3\u30d6\u30eb\uff08PG\uff09\/ \u30b3\u30ab\u30fb\u30b3\u30fc\u30e9\uff08KO\uff09<\/span><\/strong><span class=\"selected\">: \u4e16\u754c\u7684\u306a\u65e5\u7528\u54c1\u30fb\u6e05\u6dbc\u98f2\u6599\u6c34\u30e1\u30fc\u30ab\u30fc\u3002\u6570\u5341\u5e74\u9023\u7d9a\u306e\u5897\u914d\u5b9f\u7e3e\u3092\u6301\u3064\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u30ad\u30ea\u30f3\u30db\u30fc\u30eb\u30c7\u30a3\u30f3\u30b0\u30b9\uff082503\uff09\/ \u30a2\u30b5\u30d2\u30b0\u30eb\u30fc\u30d7\u30db\u30fc\u30eb\u30c7\u30a3\u30f3\u30b0\u30b9\uff082502\uff09<\/span><\/strong><span class=\"selected\">\uff08\u65e5\u672c\u682a\uff09: \u56fd\u5185\u5916\u3067\u306e\u98f2\u6599\u30fb\u9152\u985e\u8ca9\u58f2\u3068\u30d8\u30eb\u30b9\u30b1\u30a2\u5c55\u958b\u306b\u3088\u308a\u3001\u30c7\u30a3\u30d5\u30a7\u30f3\u30b7\u30d6\u306a\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u3092\u5275\u51fa\u3002<\/span><\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h3><span class=\"selected\">3-2. \u30d8\u30eb\u30b9\u30b1\u30a2\u30fb\u88fd\u85ac\uff08\u72ec\u81ea\u306e\u958b\u767a\u30d1\u30a4\u30d7\u30e9\u30a4\u30f3\u3068\u898f\u5236\u7523\u696d\uff09<\/span><\/h3>\n<p><span class=\"selected\">\u533b\u85ac\u54c1\u3084\u533b\u7642\u6a5f\u5668\u306e\u9700\u8981\u306f\u3001\u30de\u30af\u30ed\u7d4c\u6e08\u3084\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u306e\u6295\u8cc7\u30b5\u30a4\u30af\u30eb\u3067\u306f\u306a\u304f\u3001\u300c\u75c5\u6c17\u306e\u6cbb\u7642\u300d\u300c\u9ad8\u9f62\u5316\u300d\u300c\u81e8\u5e8a\u8a66\u9a13\u306e\u6210\u5426\u300d\u306b\u3088\u3063\u3066\u6c7a\u307e\u308a\u307e\u3059\u3002<\/span><\/p>\n<ul>\n<li>\n<p><strong><span class=\"selected\">\u5e02\u5834\u7279\u6027<\/span><\/strong><span class=\"selected\">: \u7279\u8a31\u306b\u5b88\u3089\u308c\u305f\u30d6\u30ed\u30c3\u30af\u30d0\u30b9\u30bf\u30fc\uff08\u5927\u578b\u65b0\u85ac\uff09\u3092\u6301\u3064\u4f01\u696d\u306f\u3001\u6975\u3081\u3066\u9ad8\u3044\u5229\u76ca\u7387\u3092\u9577\u671f\u9593\u7dad\u6301\u3067\u304d\u307e\u3059\u3002\u60c5\u5831\u6280\u8853\u30bb\u30af\u30bf\u30fc\u306e\u682a\u4fa1\u63a8\u79fb\u3068\u306e\u76f8\u95a2\u4fc2\u6570\u304c\u975e\u5e38\u306b\u4f4e\u3044\u306e\u304c\u7279\u5fb4\u3067\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u4ee3\u8868\u7684\u306a\u9298\u67c4\u4f8b<\/span><\/strong><span class=\"selected\">:<\/span><\/p>\n<ul>\n<li>\n<p><strong><span class=\"selected\">\u30a4\u30fc\u30e9\u30a4\u30ea\u30ea\u30fc\uff08LLY\uff09\/ \u30ce\u30dc\u30fb\u30ce\u30eb\u30c7\u30a3\u30b9\u30af\uff08NVO\uff09<\/span><\/strong><span class=\"selected\">: \u80a5\u6e80\u75c7\u30fb\u7cd6\u5c3f\u75c5\u6cbb\u7642\u85ac\uff08GLP-1\u53d7\u5bb9\u4f53\u4f5c\u52d5\u85ac\uff09\u5e02\u5834\u3092\u727d\u5f15\u3057\u3001\u72ec\u81ea\u306e\u7206\u767a\u7684\u6210\u9577\u3092\u9042\u3052\u3066\u3044\u308b\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u30b8\u30e7\u30f3\u30bd\u30f3\u30fb\u30a8\u30f3\u30c9\u30fb\u30b8\u30e7\u30f3\u30bd\u30f3\uff08JNJ\uff09<\/span><\/strong><span class=\"selected\">: \u533b\u85ac\u54c1\u3068\u533b\u7642\u6a5f\u5668\u306b\u5f37\u307f\u3092\u6301\u3061\u3001\u9023\u7d9a\u5897\u914d60\u5e74\u3092\u8d85\u3048\u308b\u30c7\u30a3\u30d5\u30a7\u30f3\u30b7\u30d6\u306e\u8c61\u5fb4\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u7b2c\u4e00\u4e09\u5171\uff084568\uff09\/ \u6b66\u7530\u85ac\u54c1\u5de5\u696d\uff084502\uff09<\/span><\/strong><span class=\"selected\">\uff08\u65e5\u672c\u682a\uff09: \u6297\u4f53\u85ac\u7269\u8907\u5408\u4f53\uff08ADC\uff09\u306a\u3069\u306e\u6700\u5148\u7aef\u304c\u3093\u6cbb\u7642\u85ac\u3067\u4e16\u754c\u5c55\u958b\u3059\u308b\u30b0\u30ed\u30fc\u30d0\u30eb\u30d5\u30a1\u30fc\u30de\u3002<\/span><\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h3><span class=\"selected\">3-3. \u9280\u884c\u30fb\u4fdd\u967a\uff08\u91d1\u5229\u611f\u5fdc\u5ea6\u3068\u682a\u4e3b\u9084\u5143\u4f59\u529b\uff09<\/span><\/h3>\n<p><span class=\"selected\">\u91d1\u5229\u306e\u4e0a\u6607\u3084\u9ad8\u6b62\u307e\u308a\u306f\u30cf\u30a4\u30c6\u30af\u682a\u306b\u3068\u3063\u3066\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u306e\u91cd\u77f3\u3068\u306a\u308a\u307e\u3059\u304c\u3001\u91d1\u878d\u6a5f\u95a2\u306b\u3068\u3063\u3066\u306f\u53ce\u76ca\u3092\u62e1\u5927\u3055\u305b\u308b\u76f4\u63a5\u306e\u30c9\u30e9\u30a4\u30d0\u30fc\u3068\u306a\u308a\u307e\u3059\u3002<\/span><\/p>\n<ul>\n<li>\n<p><strong><span class=\"selected\">\u5e02\u5834\u7279\u6027<\/span><\/strong><span class=\"selected\">: \u4e2d\u592e\u9280\u884c\u306e\u91d1\u878d\u5f15\u304d\u7de0\u3081\u306b\u3088\u3063\u3066\u9577\u77ed\u91d1\u5229\u5dee\u304c\u958b\u304f\u3068\u3001\u9280\u884c\u306e\u8cb8\u51fa\u5229\u3056\u3084\u304c\u62e1\u5927\u3057\u3001\u7d14\u91d1\u5229\u53ce\u5165\uff08NII\uff09\u304c\u5897\u52a0\u3057\u307e\u3059\u3002\u307e\u305f\u3001\u4fdd\u967a\u4f1a\u793e\u306f\u96c6\u3081\u305f\u4fdd\u967a\u6599\u306e\u904b\u7528\u5229\u56de\u308a\u304c\u6539\u5584\u3057\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u4ee3\u8868\u7684\u306a\u9298\u67c4\u4f8b<\/span><\/strong><span class=\"selected\">:<\/span><\/p>\n<ul>\n<li>\n<p><strong><span class=\"selected\">JP\u30e2\u30eb\u30ac\u30f3\u30fb\u30c1\u30a7\u30fc\u30b9\uff08JPM\uff09<\/span><\/strong><span class=\"selected\">: \u4e16\u754c\u5c48\u6307\u306e\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8\u3068\u5f37\u56fa\u306a\u6295\u8cc7\u9280\u884c\u30fb\u30ea\u30c6\u30fc\u30eb\u90e8\u9580\u3092\u4f75\u305b\u6301\u3064\u7c73\u91d1\u878d\u306e\u5de8\u4eba\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u4e09\u83f1UFJ\u30d5\u30a3\u30ca\u30f3\u30b7\u30e3\u30eb\u30fb\u30b0\u30eb\u30fc\u30d7\uff088306\uff09<\/span><\/strong><span class=\"selected\">: \u65e5\u672c\u9280\u884c\u306e\u91d1\u5229\u6b63\u5e38\u5316\uff08\u5229\u4e0a\u3052\uff09\u306b\u4f34\u3046\u5229\u3056\u3084\u6539\u5584\u3068\u3001\u7a4d\u6975\u7684\u306a\u81ea\u793e\u682a\u8cb7\u3044\u30fb\u5897\u914d\u59ff\u52e2\u3067\u6ce8\u76ee\u3055\u308c\u308b\u30e1\u30ac\u30d0\u30f3\u30af\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u6771\u4eac\u6d77\u4e0a\u30db\u30fc\u30eb\u30c7\u30a3\u30f3\u30b0\u30b9\uff088766\uff09<\/span><\/strong><span class=\"selected\">: \u653f\u7b56\u4fdd\u6709\u682a\u5f0f\u306e\u58f2\u5374\u52a0\u901f\u306b\u3088\u308b\u8cc7\u672c\u52b9\u7387\u306e\u6539\u5584\u3068\u3001\u6d77\u5916\u4fdd\u967a\u4e8b\u696d\u306e\u62e1\u5927\u3092\u9032\u3081\u308b\u5927\u624b\u640d\u4fdd\u3002<\/span><\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h3><span class=\"selected\">3-4. \u91cd\u5de5\u696d\u30fb\u9632\u885b\u30fb\u5b9f\u7269\u30a4\u30f3\u30d5\u30e9\uff08\u9577\u671f\u53d7\u6ce8\u6b8b\u9ad8\u3068\u56fd\u5bb6\u6226\u7565\uff09<\/span><\/h3>\n<p><span class=\"selected\">\u6c11\u9593\u4f01\u696d\u306e\u30bd\u30d5\u30c8\u30a6\u30a7\u30a2\u6295\u8cc7\u3067\u306f\u306a\u304f\u3001\u56fd\u5bb6\u4e88\u7b97\u306b\u57fa\u3065\u304f\u30a4\u30f3\u30d5\u30e9\u66f4\u65b0\u3084\u5b89\u5168\u4fdd\u969c\u306b\u95a2\u308f\u308b\u9818\u57df\u3067\u3059\u3002<\/span><\/p>\n<ul>\n<li>\n<p><strong><span class=\"selected\">\u5e02\u5834\u7279\u6027<\/span><\/strong><span class=\"selected\">: \u53d7\u6ce8\u304b\u3089\u7d0d\u54c1\u30fb\u904b\u7528\u4fdd\u5b88\u307e\u3067\u306e\u671f\u9593\u304c\u6570\u5e74\u301c\u6570\u5341\u5e74\u3068\u6975\u3081\u3066\u9577\u304f\u3001\u53d7\u6ce8\u6b8b\u9ad8\u304c\u7a4d\u307f\u4e0a\u304c\u3063\u3066\u3044\u308b\u305f\u3081\u3001\u666f\u6c17\u306e\u77ed\u671f\u7684\u306a\u5909\u52d5\u306b\u5de6\u53f3\u3055\u308c\u306b\u304f\u3044\u7279\u5fb4\u304c\u3042\u308a\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u4ee3\u8868\u7684\u306a\u9298\u67c4\u4f8b<\/span><\/strong><span class=\"selected\">:<\/span><\/p>\n<ul>\n<li>\n<p><strong><span class=\"selected\">\u30ad\u30e3\u30bf\u30d4\u30e9\u30fc\uff08CAT\uff09<\/span><\/strong><span class=\"selected\">: \u5efa\u8a2d\u6a5f\u68b0\u30fb\u9271\u5c71\u6a5f\u68b0\u306e\u4e16\u754c\u6700\u5927\u624b\u3002\u5404\u56fd\u306e\u8cc7\u6e90\u958b\u767a\u3084\u30a4\u30f3\u30d5\u30e9\u6cd5\u6848\u304c\u696d\u7e3e\u3092\u4e0b\u652f\u3048\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u4e09\u83f1\u91cd\u5de5\u696d\uff087011\uff09<\/span><\/strong><span class=\"selected\">\uff08\u65e5\u672c\u682a\uff09: \u9632\u885b\u7701\u4e88\u7b97\u306e\u5897\u984d\u306b\u4f34\u3046\u9632\u885b\u88c5\u5099\u54c1\u3001\u6b21\u4e16\u4ee3\u539f\u767a\u30fb\u30ac\u30b9\u30bf\u30fc\u30d3\u30f3\u7b49\u306e\u30a8\u30cd\u30eb\u30ae\u30fc\u30d7\u30e9\u30f3\u30c8\u3092\u62c5\u3046\u56fd\u7b56\u4e2d\u6838\u4f01\u696d\u3002<\/span><\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2><span class=\"selected\">4. \u975e\u30cf\u30a4\u30c6\u30af\u6295\u8cc7\u306e\u6c7a\u5b9a\u6253\uff1a\u9ad8\u914d\u5f53ETF\uff08VYM\u30fbHDV\uff09\u306e\u5fb9\u5e95\u6bd4\u8f03<\/span><\/h2>\n<p><span class=\"selected\">\u500b\u5225\u682a\u306e\u9078\u5b9a\u306b\u306f\u3001\u4f01\u696d\u306e\u8ca1\u52d9\u5206\u6790\u3084\u6c7a\u7b97\u306e\u8ffd\u8de1\u3068\u3044\u3063\u305f\u52b4\u529b\u3068\u500b\u5225\u30ea\u30b9\u30af\u304c\u4f34\u3044\u307e\u3059\u3002AI\u30fb\u534a\u5c0e\u4f53\u3078\u306e\u4f9d\u5b58\u5ea6\u3092\u52b9\u7387\u7684\u306b\u4e0b\u3052\u3064\u3064\u3001\u624b\u8efd\u306b\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u91cd\u5fc3\u3092\u4f4e\u304f\u3057\u305f\u3044\u5834\u5408\u3001<\/span><strong><span class=\"selected\">\u7c73\u56fd\u306e\u9ad8\u914d\u5f53ETF<\/span><\/strong><span class=\"selected\">\u3092\u6d3b\u7528\u3059\u308b\u306e\u304c\u6700\u3082\u518d\u73fe\u6027\u306e\u9ad8\u3044\u624b\u6cd5\u3067\u3059\u3002<\/span><\/p>\n<p><span class=\"selected\">\u305d\u306e\u4ee3\u8868\u683c\u3067\u3042\u308b\u30d0\u30f3\u30ac\u30fc\u30c9\u793e\u306e<\/span><strong><span class=\"selected\">VYM<\/span><\/strong><span class=\"selected\">\u3068\u30d6\u30e9\u30c3\u30af\u30ed\u30c3\u30af\u793e\u306e<\/span><strong><span class=\"selected\">HDV<\/span><\/strong><span class=\"selected\">\u306b\u3064\u3044\u3066\u3001\u69cb\u9020\u7684\u306a\u9055\u3044\u3092\u5fb9\u5e95\u89e3\u8aac\u3057\u307e\u3059\u3002<\/span><\/p>\n<pre><code><span class=\"selected\">\u3010VYM vs HDV \u57fa\u672c\u69cb\u9020\u6bd4\u8f03\u3011\r\n\u250c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u252c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u252c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2510\r\n\u2502 \u6bd4\u8f03\u9805\u76ee         \u2502 VYM                       \u2502 HDV                       \u2502\r\n\u251c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u253c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u253c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2524\r\n\u2502 \u904b\u7528\u4f1a\u793e         \u2502 \u30d0\u30f3\u30ac\u30fc\u30c9\uff08Vanguard\uff09    \u2502 \u30d6\u30e9\u30c3\u30af\u30ed\u30c3\u30af\uff08BlackRock\uff09\u2502\r\n\u2502 \u9023\u52d5\u6307\u6570         \u2502 FTSE\u30cf\u30a4\u30c7\u30a3\u30d3\u30c7\u30f3\u30c9      \u2502 \u30e2\u30fc\u30cb\u30f3\u30b0\u30b9\u30bf\u30fc\u914d\u5f53\u30d5\u30a9\u30fc\u30ab\u30b9\u2502\r\n\u2502 \u69cb\u6210\u9298\u67c4\u6570       \u2502 \u7d04400 \u301c 550\u9298\u67c4          \u2502 \u7d0475 \u301c 80\u9298\u67c4            \u2502\r\n\u2502 \u9298\u67c4\u9078\u5b9a\u30a2\u30d7\u30ed\u30fc\u30c1\u2502 \u5e45\u5e83\u3044\u4e2d\u30fb\u5927\u578b\u306e\u9ad8\u914d\u5f53\u682a  \u2502 \u8ca1\u52d9\u5065\u5168\u6027\uff0b\u9ad8\u914d\u5f53\u306e\u53b3\u9078  \u2502\r\n\u2502 \u60c5\u5831\u6280\u8853\uff08IT\uff09\u6bd4\u7387\u2502 \u7d045 \u301c 8%\uff08\u6975\u3081\u3066\u4f4e\u3044\uff09   \u2502 1%\u672a\u6e80\uff08\u307b\u307c\u30bc\u30ed\uff09        \u2502\r\n\u2502 \u4e0a\u4f4d\u30bb\u30af\u30bf\u30fc     \u2502 \u91d1\u878d\u3001\u30d8\u30eb\u30b9\u30b1\u30a2\u3001\u751f\u6d3b\u5fc5\u9700\u54c1\u2502 \u751f\u6d3b\u5fc5\u9700\u54c1\u3001\u30a8\u30cd\u30eb\u30ae\u30fc\u3001\u30d8\u30eb\u30b9\u30b1\u30a2\u2502\r\n\u2502 \u7d4c\u8cbb\u7387\uff08\u5e74\u7387\uff09   \u2502 0.06%                     \u2502 0.08%                     \u2502\r\n\u2502 \u914d\u5f53\u5229\u56de\u308a\uff08\u76ee\u5b89\uff09\u2502 \u7d042.8% \u301c 3.2%            \u2502 \u7d043.4% \u301c 4.0%            \u2502\r\n\u2502 \u7279\u6027\u306e\u8981\u7d04       \u2502 \u5e02\u5834\u5168\u4f53\u3092\u5747\u6574\u306b\u8ffd\u3046\u5897\u914d\u578b\u2502 \u30cf\u30a4\u30c6\u30af\u3092\u5fb9\u5e95\u906e\u65ad\u3059\u308b\u5b88\u5099\u578b\u2502\r\n\u2514\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2534\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2534\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2518\r\n<\/span><br class=\"ProseMirror-trailingBreak\" \/>\r\n<\/code><\/pre>\n<h3><span class=\"selected\">4-1. VYM\uff08\u30d0\u30f3\u30ac\u30fc\u30c9\u30fb\u7c73\u56fd\u9ad8\u914d\u5f53\u682a\u5f0fETF\uff09\u306e\u69cb\u9020\u3068\u7279\u5fb4<\/span><\/h3>\n<ul>\n<li>\n<p><strong><span class=\"selected\">\u6307\u6570\u306e\u601d\u60f3<\/span><\/strong><span class=\"selected\">: \u7c73\u56fd\u5e02\u5834\u306e\u914d\u5f53\u5229\u56de\u308a\u304c\u5e02\u5834\u5e73\u5747\u4ee5\u4e0a\u306e\u5927\u578b\u301c\u4e2d\u578b\u682a\u3092\u6642\u4fa1\u7dcf\u984d\u52a0\u91cd\u5e73\u5747\u3067\u4fdd\u6709\u3057\u307e\u3059\uff08REIT\u306f\u9664\u5916\uff09\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u5206\u6563\u306e\u5e83\u3055<\/span><\/strong><span class=\"selected\">: \u69cb\u6210\u9298\u67c4\u6570\u306f400\u793e\u3092\u8d85\u3048\u3066\u304a\u308a\u30011\u3064\u306e\u9298\u67c4\u304c\u696d\u7e3e\u60aa\u5316\u3067\u6e1b\u914d\u3057\u3066\u3082\u3001\u5168\u4f53\u306e\u53d7\u53d6\u914d\u5f53\u91d1\u3084\u57fa\u6e96\u4fa1\u984d\u306b\u4e0e\u3048\u308b\u30c0\u30e1\u30fc\u30b8\u304c\u6975\u5c0f\u5316\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u30bb\u30af\u30bf\u30fc\u69cb\u6210<\/span><\/strong><span class=\"selected\">: \u91d1\u878d\uff08\u7d0420%\u8d85\uff09\u3001\u5de5\u696d\u30fb\u8cc7\u672c\u8ca1\u3001\u751f\u6d3b\u5fc5\u9700\u54c1\u3001\u30d8\u30eb\u30b9\u30b1\u30a2\u304c\u4e2d\u6838\u3092\u306a\u3057\u3001\u60c5\u5831\u6280\u8853\u306f\u6570\uff05\u7a0b\u5ea6\u306b\u6291\u3048\u3089\u308c\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u6295\u8cc7\u52b9\u679c<\/span><\/strong><span class=\"selected\">: \u300c\u30cf\u30a4\u30c6\u30af\u682a\u3092\u9069\u5ea6\u306b\u6e1b\u3089\u3057\u3064\u3064\u3001\u5e02\u5834\u5e73\u5747\u306b\u8fd1\u3044\u30ad\u30e3\u30d4\u30bf\u30eb\u30b2\u30a4\u30f3\uff08\u5024\u4e0a\u304c\u308a\u76ca\uff09\u3068\u3001\u5e74\u3005\u306e\u5897\u914d\uff08\u30a4\u30f3\u30ab\u30e0\u30b2\u30a4\u30f3\u6210\u9577\uff09\u3092\u30d0\u30e9\u30f3\u30b9\u826f\u304f\u4eab\u53d7\u3057\u305f\u3044\u300d\u3068\u3044\u3046\u6295\u8cc7\u5bb6\u306b\u6700\u9069\u3067\u3059\u3002<\/span><\/p>\n<\/li>\n<\/ul>\n<h3><span class=\"selected\">4-2. HDV\uff08i\u30b7\u30a7\u30a2\u30fc\u30ba\u30fb\u30b3\u30a2\u30fb\u7c73\u56fd\u9ad8\u914d\u5f53\u682aETF\uff09\u306e\u69cb\u9020\u3068\u7279\u5fb4<\/span><\/h3>\n<ul>\n<li>\n<p><strong><span class=\"selected\">\u6307\u6570\u306e\u601d\u60f3<\/span><\/strong><span class=\"selected\">: \u5358\u306b\u5229\u56de\u308a\u304c\u9ad8\u3044\u9298\u67c4\u3092\u96c6\u3081\u308b\u306e\u3067\u306f\u306a\u304f\u3001\u30e2\u30fc\u30cb\u30f3\u30b0\u30b9\u30bf\u30fc\u793e\u304c\u7b97\u51fa\u3059\u308b\u300c\u7d4c\u6e08\u7684\u306a\u5800\uff08\u30ef\u30a4\u30c9\u30fb\u30e2\u30fc\u30c8\uff1d\u6301\u7d9a\u7684\u306a\u7af6\u4e89\u512a\u4f4d\u6027\uff09\u300d\u3084\u300c\u8ca1\u52d9\u5065\u5168\u6027\u30b9\u30b3\u30a2\uff08\u5012\u7523\u30ea\u30b9\u30af\u306e\u4f4e\u3055\uff09\u300d\u3092\u30af\u30ea\u30a2\u3057\u305f\u9298\u67c4\u306e\u4e2d\u304b\u3089\u3001\u914d\u5f53\u5229\u56de\u308a\u4e0a\u4f4d\u7d0475\u9298\u67c4\u3092\u9078\u5b9a\u3057\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u96c6\u4e2d\u5ea6\u306e\u9ad8\u3055<\/span><\/strong><span class=\"selected\">: \u4e0a\u4f4d10\u9298\u67c4\u3067\u5168\u4f53\u306e50%\u4ee5\u4e0a\u3092\u5360\u3081\u308b\u3053\u3068\u304c\u591a\u304f\u3001\u30a8\u30af\u30bd\u30f3\u30e2\u30fc\u30d3\u30eb\u3084\u30b7\u30a7\u30d6\u30ed\u30f3\u306a\u3069\u306e\u30a8\u30cd\u30eb\u30ae\u30fc\u5927\u624b\u3001\u30a2\u30c3\u30f4\u30a3\u3084\u30b8\u30e7\u30f3\u30bd\u30f3\u30fb\u30a8\u30f3\u30c9\u30fb\u30b8\u30e7\u30f3\u30bd\u30f3\u306a\u3069\u306e\u30d8\u30eb\u30b9\u30b1\u30a2\u3001\u30b3\u30ab\u30fb\u30b3\u30fc\u30e9\u3084\u30da\u30d7\u30b7\u30b3\u306a\u3069\u306e\u751f\u6d3b\u5fc5\u9700\u54c1\u304c\u5727\u5012\u7684\u306a\u30a6\u30a7\u30a4\u30c8\u3092\u5360\u3081\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u60c5\u5831\u6280\u8853\u6bd4\u7387<\/span><\/strong><span class=\"selected\">: <\/span><strong><span class=\"selected\">1%\u672a\u6e80<\/span><\/strong><span class=\"selected\">\u3067\u3042\u308a\u3001AI\u30fb\u534a\u5c0e\u4f53\u95a2\u9023\u682a\u306f\u4e8b\u5b9f\u4e0a\u30b9\u30af\u30ea\u30fc\u30cb\u30f3\u30b0\u306b\u3088\u3063\u3066\u5b8c\u5168\u306b\u6392\u9664\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u6295\u8cc7\u52b9\u679c<\/span><\/strong><span class=\"selected\">: \u300cAI\u30d0\u30d6\u30eb\u5d29\u58ca\u3084\u30cf\u30a4\u30c6\u30af\u66b4\u843d\u304b\u3089\u8cc7\u7523\u3092\u7269\u7406\u7684\u306b\u5207\u308a\u96e2\u3057\u305f\u3044\u300d\u300c\u5c11\u3057\u3067\u3082\u9ad8\u3044\u73fe\u5728\u5229\u56de\u308a\u3092\u78ba\u4fdd\u3057\u305f\u3044\u300d\u3068\u3044\u3046\u660e\u78ba\u306a\u30c7\u30a3\u30d5\u30a7\u30f3\u30b7\u30d6\u76ee\u7684\u306b\u304a\u3044\u3066\u5a01\u529b\u3092\u767a\u63ee\u3057\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<\/ul>\n<h3><span class=\"selected\">4-3. \u306a\u305c\u3053\u306e2\u9298\u67c4\u304cAI\u30fb\u534a\u5c0e\u4f53\u306e\u30d8\u30c3\u30b8\u306b\u306a\u308b\u306e\u304b<\/span><\/h3>\n<p><span class=\"selected\">\u591a\u304f\u306e\u500b\u4eba\u6295\u8cc7\u5bb6\u304c\u300c\u81ea\u5206\u306fS&amp;P 500\u3084\u5168\u4e16\u754c\u682a\u5f0f\uff08\u30aa\u30eb\u30ab\u30f3\uff09\u306b\u5206\u6563\u6295\u8cc7\u3057\u3066\u3044\u308b\u304b\u3089\u5b89\u5168\u3060\u300d\u3068\u8aa4\u89e3\u3057\u3066\u3044\u307e\u3059\u3002\u3057\u304b\u3057\u3001\u6642\u4fa1\u7dcf\u984d\u52a0\u91cd\u5e73\u5747\u578b\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u306f\u3001\u682a\u4fa1\u304c\u4e0a\u304c\u3063\u305f\u5927\u578b\u30cf\u30a4\u30c6\u30af\u682a\u306e\u6bd4\u7387\u3092\u81ea\u52d5\u7684\u306b\u9ad8\u3081\u308b\u6027\u8cea\u3092\u6301\u3063\u3066\u3044\u307e\u3059\u3002\u305d\u306e\u7d50\u679c\u3001\u6c17\u4ed8\u304b\u306a\u3044\u3046\u3061\u306b\u8cc7\u7523\u306e30%\u4ee5\u4e0a\u304c\u5c11\u6570\u306e\u5de8\u5927\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u4f01\u696d\u306b\u96c6\u4e2d\u3057\u3066\u3044\u308b\u72b6\u614b\u306b\u9665\u308a\u307e\u3059\u3002<\/span><\/p>\n<p><span class=\"selected\">VYM\u3084HDV\u3092\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306b\u7d44\u307f\u5165\u308c\u308b\u3053\u3068\u306f\u3001\u610f\u56f3\u7684\u306b\u300c\u60c5\u5831\u6280\u8853\u6bd4\u7387\u3092\u62bc\u3057\u4e0b\u3052\u3001\u751f\u6d3b\u5fc5\u9700\u54c1\u30fb\u91d1\u878d\u30fb\u30a8\u30cd\u30eb\u30ae\u30fc\u30fb\u30d8\u30eb\u30b9\u30b1\u30a2\u306e\u6bd4\u7387\u3092\u5f15\u304d\u4e0a\u3052\u308b\u300d\u3068\u3044\u3046\u30ea\u30d0\u30e9\u30f3\u30b9\u4f5c\u696d\u3092\u81ea\u52d5\u3067\u884c\u3046\u3053\u3068\u3092\u610f\u5473\u3057\u307e\u3059\u3002\u30cf\u30a4\u30c6\u30af\u682a\u304c\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u8abf\u6574\u3067\u5927\u304d\u304f\u5d29\u308c\u308b\u5c40\u9762\u306b\u304a\u3044\u3066\u3001\u3053\u308c\u3089\u306eETF\u306f\u5e95\u5805\u3044\u914d\u5f53\u91d1\u53ce\u5165\u3068\u4e0b\u5024\u62b5\u6297\u529b\u3092\u767a\u63ee\u3057\u3001\u7cbe\u795e\u7684\u306a\u30d1\u30cb\u30c3\u30af\u58f2\u308a\u3092\u9632\u3050\u9328\uff08\u3044\u304b\u308a\uff09\u3068\u306a\u308a\u307e\u3059\u3002<\/span><\/p>\n<h3><span class=\"selected\">4-4. \u5b9f\u8df5\u7684\u306a\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u7d44\u307f\u5165\u308c\u30e2\u30c7\u30eb<\/span><\/h3>\n<p><span class=\"selected\">\u904e\u5ea6\u306a\u6975\u7aef\u5316\u3092\u907f\u3051\u3064\u3064\u3001AI\u30b7\u30e7\u30c3\u30af\u306b\u5bfe\u3059\u308b\u30af\u30c3\u30b7\u30e7\u30f3\u3092\u69cb\u7bc9\u3059\u308b\u305f\u3081\u306e\u914d\u5206\u4f8b\u3067\u3059\u3002<\/span><\/p>\n<ul>\n<li>\n<p><strong><span class=\"selected\">\u30b3\u30a2\uff0850%\uff09\uff1a\u4e16\u754c\u682a\u5f0f\u307e\u305f\u306fS&amp;P 500\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u6295\u4fe1<\/span><\/strong><span class=\"selected\"> \u4e16\u754c\u7d4c\u6e08\u3068\u7c73\u56fd\u306e\u30a4\u30ce\u30d9\u30fc\u30b7\u30e7\u30f3\uff08AI\u3092\u542b\u3080\uff09\u306e\u9577\u671f\u6210\u9577\u3092\u53d6\u308a\u3053\u307c\u3055\u306a\u3044\u305f\u3081\u306e\u57fa\u76e4\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u30b5\u30c6\u30e9\u30a4\u30c8\u30fb\u5206\u6563\u67a0\uff0830%\uff09\uff1a\u975e\u30cf\u30a4\u30c6\u30af\u9ad8\u914d\u5f53ETF<\/span><\/strong><\/p>\n<ul>\n<li>\n<p><strong><span class=\"selected\">VYM\uff0820%\uff09<\/span><\/strong><span class=\"selected\">: \u5b89\u5b9a\u6210\u9577\u3068\u5e83\u7bc4\u306a\u5206\u6563\u3092\u62c5\u5f53\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">HDV\uff0810%\uff09<\/span><\/strong><span class=\"selected\">: \u30cf\u30a4\u30c6\u30af\u906e\u65ad\u3068\u30c7\u30a3\u30d5\u30a7\u30f3\u30b7\u30d6\u9632\u8b77\u58c1\u3092\u62c5\u5f53\u3002<\/span><\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u5b89\u5168\u8cc7\u7523\uff0820%\uff09\uff1a\u9810\u8caf\u91d1\u30fb\u77ed\u671f\u56fd\u50b5\uff08\u73fe\u91d1\u30af\u30c3\u30b7\u30e7\u30f3\uff09<\/span><\/strong><span class=\"selected\"> \u66b4\u843d\u6642\u306e\u751f\u6d3b\u9632\u885b\u8cc7\u91d1\u304a\u3088\u3073\u5272\u5b89\u306b\u306a\u3063\u305f\u5c40\u9762\u3067\u306e\u8ffd\u52a0\u6295\u8cc7\u5f85\u6a5f\u8cc7\u91d1\u3002<\/span><\/p>\n<\/li>\n<\/ul>\n<pre><code><span class=\"selected\">\u3010\u8cc7\u7523\u914d\u5206\uff08\u30a2\u30bb\u30c3\u30c8\u30a2\u30ed\u30b1\u30fc\u30b7\u30e7\u30f3\uff09\u306e\u30a4\u30e1\u30fc\u30b8\u3011\r\n\u250c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2510\r\n\u2502  \u30b3\u30a2\u8cc7\u7523\uff1a\u30aa\u30eb\u30ab\u30f3 \/ S&amp;P500\uff0850%\uff09                    \u2502\r\n\u2502  \uff08\u4e16\u754c\u5168\u4f53\u306e\u6210\u9577\u30fbAI\u30a4\u30ce\u30d9\u30fc\u30b7\u30e7\u30f3\u3092\u4eab\u53d7\uff09            \u2502\r\n\u251c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u252c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2524\r\n\u2502  \u30b5\u30c6\u30e9\u30a4\u30c8\uff1a\u9ad8\u914d\u5f53ETF   \u2502  \u5b89\u5168\u8cc7\u7523\uff0820%\uff09            \u2502\r\n\u2502  \u30fbVYM\uff0820%\uff09            \u2502  \uff08\u5f85\u6a5f\u8cc7\u91d1\u30fb\u77ed\u671f\u56fd\u50b5\u7b49\uff09   \u2502\r\n\u2502  \u30fbHDV\uff0810%\uff09            \u2502                             \u2502\r\n\u2502  \uff08\u30cf\u30a4\u30c6\u30af\u504f\u91cd\u306e\u662f\u6b63\uff09  \u2502  \uff08\u66b4\u843d\u6642\u306e\u4e0b\u652f\u3048\uff09         \u2502\r\n\u2514\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2534\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2518\r\n<\/span><br class=\"ProseMirror-trailingBreak\" \/>\r\n<\/code><\/pre>\n<p><span class=\"selected\">\u3059\u3067\u306b\u7279\u5b9a\u9298\u67c4\u3084\u30cf\u30a4\u30c6\u30af\u6295\u4fe1\u3092\u4fdd\u6709\u3057\u3066\u3044\u308b\u5834\u5408\u3001\u58f2\u5374\u3057\u3066\u4e57\u308a\u63db\u3048\u308b\u3068\u5229\u76ca\u306b\u5bfe\u3057\u3066\u8ab2\u7a0e\uff08\u7d0420%\uff09\u304c\u751f\u3058\u307e\u3059\u3002\u305d\u306e\u305f\u3081\u3001\u300c\u4eca\u5f8c\u306e\u6bce\u6708\u306e\u65b0\u898f\u7a4d\u7acb\u91d1\u3084\u30dc\u30fc\u30ca\u30b9\u306e\u6295\u5165\u5148\u3092VYM\u3084HDV\u3001\u975e\u30cf\u30a4\u30c6\u30af\u9298\u67c4\u306b\u632f\u308a\u5206\u3051\u308b\u300d\u3053\u3068\u3067\u3001\u6642\u9593\u3092\u304b\u3051\u3066\u8cc7\u7523\u5168\u4f53\u306e\u6bd4\u7387\u3092\u81ea\u7136\u306b\u6574\u3048\u3066\u3044\u304f\u624b\u6cd5\u304c\u5408\u7406\u7684\u3067\u3059\u3002<\/span><\/p>\n<div class=\"xcd-attention-1 xcd-col2 xcd-ripple\">\n<div class=\"xcd-title\"><strong>\u8cc7\u7523\u904b\u7528\u3067\u5931\u6557\u3057\u305f\u304f\u306a\u3044\u65b9\u3078<\/strong><\/div>\n<div class=\"xcd-content\"><strong>\u79c1\u305f\u3061GFS\u3067\u306f\u3001\u5b66\u6821\u3067\u306f\u6559\u3048\u3066\u3082\u3089\u3048\u306a\u304b\u3063\u305f\u304a\u91d1\u306e\u3053\u3068\u304c\u308f\u304b\u308b\u7121\u6599\u30b3\u30f3\u30c6\u30f3\u30c4\u3092\u3054\u7528\u610f\u3057\u3066\u3044\u307e\u3059\u3002<\/strong><br \/>\n<strong><span style=\"color: #0066c0;\"><a href=\"https:\/\/toushi-up.com\/ow\/05.html?utm_source=article&amp;utm_medium=cta&amp;utm_content=ueoka\" style=\"color: #0066c0;\">\u226b \u7121\u6599\u8b1b\u5ea7\uff1a\u304a\u91d1\u306e\u30d7\u30ed\u304c\u6559\u3048\u308b\u300c\u521d\u5fc3\u8005\u304c\u6bce\u6708\u53ce\u5165\u3092\u5f97\u308b\u6295\u8cc7\u306e\u59cb\u3081\u65b9\u300d<\/a><\/span><\/strong><\/div>\n<\/div>\n<h2><span class=\"selected\">5. \u7c73\u56fd\u306e\u91d1\u5229\u30b5\u30a4\u30af\u30eb\uff08\u5229\u4e0b\u3052\u5c40\u9762\uff09\u306b\u304a\u3051\u308b\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u691c\u8a3c<\/span><\/h2>\n<p><span class=\"selected\">\u6295\u8cc7\u5bb6\u304c\u6b21\u306b\u6ce8\u8996\u3059\u3079\u304d\u30de\u30af\u30ed\u74b0\u5883\u306e\u91cd\u8981\u30d5\u30a1\u30af\u30bf\u30fc\u306f\u3001\u300c\u7c73\u9023\u90a6\u6e96\u5099\u5236\u5ea6\u7406\u4e8b\u4f1a\uff08FRB\uff09\u306e\u91d1\u878d\u653f\u7b56\u3068\u5229\u4e0b\u3052\u30b5\u30a4\u30af\u30eb\u300d\u3067\u3059\u3002\u5229\u4e0b\u3052\u5c40\u9762\u306b\u304a\u3044\u3066\u300c\u30cf\u30a4\u30c6\u30af\u682a\u3068\u9ad8\u914d\u5f53\u682a\u306e\u3069\u3061\u3089\u304c\u512a\u308c\u3066\u3044\u308b\u304b\u300d\u3068\u3044\u3046\u554f\u3044\u306b\u5bfe\u3057\u3066\u306f\u3001<\/span><strong><span class=\"selected\">\u91d1\u5229\u4f4e\u4e0b\u306e\u80cc\u666f\u306b\u3042\u308b\u7d4c\u6e08\u306e\u5065\u5eb7\u72b6\u614b<\/span><\/strong><span class=\"selected\">\u306b\u3088\u3063\u3066\u7b54\u3048\u304c180\u5ea6\u7570\u306a\u308a\u307e\u3059\u3002<\/span><\/p>\n<h3><span class=\"selected\">5-1. \u300c\u4e88\u9632\u7684\u5229\u4e0b\u3052\uff08\u8edf\u7740\u9678\uff09\u300dvs\u300c\u666f\u6c17\u5f8c\u9000\u671f\u5229\u4e0b\u3052\uff08\u786c\u7740\u9678\uff09\u300d<\/span><\/h3>\n<pre><code><span class=\"selected\">\u3010\u5229\u4e0b\u3052\u306e2\u5927\u30b7\u30ca\u30ea\u30aa\u3068\u5e02\u5834\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u3011\r\n               \u250c\u2500\u2500 \u4e88\u9632\u7684\u5229\u4e0b\u3052\uff08\u8edf\u7740\u9678\uff1a\u30bd\u30d5\u30c8\u30e9\u30f3\u30c7\u30a3\u30f3\u30b0\uff09\r\n               \u2502   \u2514\u2500 \u666f\u6c17\u306f\u5e95\u5805\u3044\u3001\u30a4\u30f3\u30d5\u30ec\u6c88\u9759\u5316\r\n               \u2502   \u2514\u2500 \u3010\u7d50\u679c\u3011\u30cf\u30a4\u30c6\u30af\u6210\u9577\u682a\u304c\u5927\u5e45\u512a\u4f4d\u3001VYM\u306f\u8ffd\u968f\u3001HDV\u306f\u51fa\u9045\u308c\r\n\uff3b\u5229\u4e0b\u3052\u5c40\u9762\uff3d \u2500\u2524\r\n               \u2514\u2500\u2500 \u666f\u6c17\u5f8c\u9000\u671f\u5229\u4e0b\u3052\uff08\u786c\u7740\u9678\uff1a\u30cf\u30fc\u30c9\u30e9\u30f3\u30c7\u30a3\u30f3\u30b0\uff09\r\n                   \u2514\u2500 \u4f01\u696d\u53ce\u76ca\u60aa\u5316\u3001\u5931\u696d\u7387\u4e0a\u6607\r\n                   \u2514\u2500 \u3010\u7d50\u679c\u3011HDV\u30fb\u30c7\u30a3\u30d5\u30a7\u30f3\u30b7\u30d6\u304c\u5927\u5e45\u512a\u4f4d\u3001\u30cf\u30a4\u30c6\u30af\u306f\u6025\u843d\u8abf\u6574\r\n<\/span><br class=\"ProseMirror-trailingBreak\" \/>\r\n<\/code><\/pre>\n<h4><span class=\"selected\">\u30b7\u30ca\u30ea\u30aaA\uff1a\u4e88\u9632\u7684\u5229\u4e0b\u3052\uff08\u30bd\u30d5\u30c8\u30e9\u30f3\u30c7\u30a3\u30f3\u30b0\u30fb\u8edf\u7740\u9678\uff09<\/span><\/h4>\n<ul>\n<li>\n<p><strong><span class=\"selected\">\u80cc\u666f<\/span><\/strong><span class=\"selected\">: \u666f\u6c17\u5f8c\u9000\u306b\u9665\u3063\u3066\u304a\u3089\u305a\u3001\u5931\u696d\u7387\u3082\u4f4e\u6c34\u6e96\u3092\u7dad\u6301\u3059\u308b\u4e2d\u3067\u3001\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u4e2d\u592e\u9280\u884c\u306e\u76ee\u6a19\u306b\u5411\u304b\u3063\u3066\u843d\u3061\u7740\u3044\u305f\u305f\u3081\u3001\u5f15\u304d\u7de0\u3081\u7684\u306a\u653f\u7b56\u3092\u4e2d\u7acb\u6c34\u6e96\u3078\u3068\u623b\u3059\u5229\u4e0b\u3052\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u5e02\u5834\u306e\u6319\u52d5<\/span><\/strong><span class=\"selected\">:<\/span><\/p>\n<ul>\n<li>\n<p><strong><span class=\"selected\">\u30cf\u30a4\u30c6\u30af\u682a\uff08\u512a\u4f4d\uff09<\/span><\/strong><span class=\"selected\">: \u666f\u6c17\u304c\u826f\u3044\u305f\u3081\u4f01\u696d\u696d\u7e3e\uff08EPS\uff09\u306f\u4f38\u3073\u7d9a\u3051\u3001\u3055\u3089\u306b\u91d1\u5229\u4f4e\u4e0b\u306b\u3088\u3063\u3066\u5c06\u6765\u5229\u76ca\u306e\u73fe\u5728\u4fa1\u5024\uff08\u30de\u30eb\u30c1\u30d7\u30eb\uff09\u304c\u5f15\u304d\u4e0a\u3052\u3089\u308c\u308b\u305f\u3081\u3001\u6210\u9577\u682a\u304c\u4e00\u6c17\u306b\u76f8\u5834\u3092\u727d\u5f15\u3057\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">VYM\uff08\u624b\u5805\u304f\u8ffd\u968f\uff09<\/span><\/strong><span class=\"selected\">: \u666f\u6c17\u654f\u611f\u306a\u91d1\u878d\u3084\u8cc7\u672c\u8ca1\u304c\u542b\u307e\u308c\u3066\u3044\u308b\u305f\u3081\u3001\u682a\u5f0f\u5e02\u5834\u5168\u4f53\u306e\u4e0a\u6607\u306b\u305d\u3053\u305d\u3053\u8ffd\u968f\u3057\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">HDV\uff08\u76f8\u5bfe\u7684\u306b\u51fa\u9045\u308c\uff09<\/span><\/strong><span class=\"selected\">: \u30c7\u30a3\u30d5\u30a7\u30f3\u30b7\u30d6\u9298\u67c4\u304c\u4e2d\u5fc3\u3067\u3042\u308b\u305f\u3081\u3001\u30ea\u30b9\u30af\u30aa\u30f3\uff08\u5f37\u6c17\u76f8\u5834\uff09\u306e\u4e2d\u3067\u306f\u8cc7\u91d1\u304c\u6210\u9577\u682a\u3078\u5438\u3044\u4e0a\u3052\u3089\u308c\u3001\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u306f\u898b\u52a3\u308a\u3057\u3084\u3059\u304f\u306a\u308a\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h4><span class=\"selected\">\u30b7\u30ca\u30ea\u30aaB\uff1a\u666f\u6c17\u5f8c\u9000\u3092\u4f34\u3046\u5229\u4e0b\u3052\uff08\u30cf\u30fc\u30c9\u30e9\u30f3\u30c7\u30a3\u30f3\u30b0\u30fb\u786c\u7740\u9678\uff09<\/span><\/h4>\n<ul>\n<li>\n<p><strong><span class=\"selected\">\u80cc\u666f<\/span><\/strong><span class=\"selected\">: \u904e\u53bb\u306e\u6025\u6fc0\u306a\u5229\u4e0a\u3052\u306e\u7d2f\u7a4d\u7684\u5f71\u97ff\u304c\u5b9f\u4f53\u7d4c\u6e08\u3092\u76f4\u6483\u3057\u3001\u500b\u4eba\u6d88\u8cbb\u306e\u6e1b\u9000\u3001\u5931\u696d\u7387\u306e\u4e0a\u6607\u3001\u4f01\u696d\u306e\u696d\u7e3e\u30ac\u30a4\u30c0\u30f3\u30b9\u5f15\u304d\u4e0b\u3052\u304c\u9023\u9396\u7684\u306b\u767a\u751f\u3057\u3066\u3001\u614c\u3066\u3066\u91d1\u5229\u3092\u5f15\u304d\u4e0b\u3052\u308b\u5c40\u9762\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u5e02\u5834\u306e\u6319\u52d5<\/span><\/strong><span class=\"selected\">:<\/span><\/p>\n<ul>\n<li>\n<p><strong><span class=\"selected\">\u30cf\u30a4\u30c6\u30af\u682a\uff08\u6025\u843d\u30ea\u30b9\u30af\uff09<\/span><\/strong><span class=\"selected\">: \u9ad8\u3059\u304e\u308bPER\u3092\u7dad\u6301\u3067\u304d\u306a\u304f\u306a\u308a\u3001\u58f2\u4e0a\u6210\u9577\u306e\u920d\u5316\u3068\u3068\u3082\u306b\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u306e\u5265\u843d\uff08\u30de\u30eb\u30c1\u30d7\u30eb\u30fb\u30b3\u30f3\u30c8\u30e9\u30af\u30b7\u30e7\u30f3\uff09\u304c\u8d77\u3053\u308a\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">VYM\uff08\u4e00\u5b9a\u306e\u4e0b\u843d\u3092\u7d4c\u9a13\uff09<\/span><\/strong><span class=\"selected\">: \u666f\u6c17\u60aa\u5316\u306b\u4f34\u3044\u3001\u91d1\u878d\u682a\uff08\u8cb8\u5012\u5f15\u5f53\u91d1\u306e\u5897\u52a0\uff09\u3084\u8cc7\u672c\u8ca1\u682a\u304c\u58f2\u3089\u308c\u308b\u305f\u3081\u3001\u7121\u50b7\u3067\u306f\u3044\u3089\u308c\u307e\u305b\u3093\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">HDV\uff08\u5727\u5012\u7684\u306a\u9632\u5fa1\u529b\u3092\u767a\u63ee\uff09<\/span><\/strong><span class=\"selected\">: \u4eba\u3005\u306e\u751f\u6d3b\u306b\u4e0d\u53ef\u6b20\u306a\u751f\u6d3b\u5fc5\u9700\u54c1\u3001\u533b\u85ac\u54c1\u3001\u30a8\u30cd\u30eb\u30ae\u30fc\u306b\u7279\u5316\u3057\u3066\u3044\u308b\u305f\u3081\u3001\u696d\u7e3e\u306e\u843d\u3061\u8fbc\u307f\u304c\u6975\u3081\u3066\u7de9\u3084\u304b\u3067\u3059\u3002\u907f\u96e3\u5148\uff08\u30bb\u30fc\u30d5\u30d8\u30a4\u30d6\u30f3\uff09\u3068\u3057\u3066\u8cc7\u91d1\u304c\u6d41\u5165\u3057\u3001\u5e02\u5834\u5e73\u5747\u3092\u5927\u304d\u304f\u30a2\u30a6\u30c8\u30d1\u30d5\u30a9\u30fc\u30e0\u3057\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h3><span class=\"selected\">5-2. \u91d1\u5229\u4f4e\u4e0b\u304c\u5404\u30bb\u30af\u30bf\u30fc\u306b\u53ca\u307c\u3059\u30e1\u30ab\u30cb\u30ba\u30e0<\/span><\/h3>\n<ul>\n<li>\n<p><strong><span class=\"selected\">\u91d1\u878d\u30bb\u30af\u30bf\u30fc\u3078\u306e\u5f71\u97ff<\/span><\/strong><span class=\"selected\">: \u653f\u7b56\u91d1\u5229\u306e\u4f4e\u4e0b\u306f\u3001\u9810\u91d1\u91d1\u5229\u3068\u8cb8\u51fa\u91d1\u5229\u306e\u5dee\uff08\u9577\u77ed\u30b9\u30d7\u30ec\u30c3\u30c9\uff09\u3092\u4e00\u6642\u7684\u306b\u5727\u7e2e\u3057\u3001\u9280\u884c\u306e\u5229\u3056\u3084\u3092\u5727\u8feb\u3059\u308b\u61f8\u5ff5\u304c\u3042\u308a\u307e\u3059\u3002\u305f\u3060\u3057\u3001\u5229\u4e0b\u3052\u306b\u3088\u3063\u3066\u7d4c\u6e08\u304c\u5b89\u5b9a\u3057\u3001\u8cb8\u51fa\u7dcf\u91cf\u304c\u5897\u52a0\u3059\u308c\u3070\u4e2d\u671f\u7684\u306b\u306f\u76f8\u6bba\u3055\u308c\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u751f\u6d3b\u5fc5\u9700\u54c1\u30fb\u516c\u5171\u30bb\u30af\u30bf\u30fc\u3078\u306e\u5f71\u97ff<\/span><\/strong><span class=\"selected\">: \u3053\u308c\u3089\u306f\u300c\u50b5\u5238\u4ee3\u66ff\u682a\u300d\u3068\u547c\u3070\u308c\u3001\u4f4e\u91d1\u5229\u74b0\u5883\u4e0b\u3067\u5b89\u5b9a\u3057\u305f\u30a4\u30f3\u30ab\u30e0\u3092\u6c42\u3081\u308b\u6295\u8cc7\u5bb6\u304b\u3089\u518d\u8a55\u4fa1\u3055\u308c\u3084\u3059\u3044\u30bb\u30af\u30bf\u30fc\u3067\u3059\u3002<\/span><\/p>\n<\/li>\n<\/ul>\n<h3><span class=\"selected\">5-3. \u914d\u5f53\u5229\u56de\u308a\u3068\u4ee3\u66ff\u8cc7\u7523\uff08MMF\u30fb\u50b5\u5238\uff09\u304b\u3089\u306e\u8cc7\u91d1\u56de\u5e30<\/span><\/h3>\n<p><span class=\"selected\">\u3053\u308c\u307e\u3067\u306e\u3088\u3046\u306b\u300c\u7c73\u56fd\u306e\u77ed\u671f\u91d1\u5229\u304c5%\u524d\u5f8c\u300d\u3042\u3063\u305f\u74b0\u5883\u3067\u306f\u3001\u591a\u304f\u306e\u6a5f\u95a2\u6295\u8cc7\u5bb6\u3084\u500b\u4eba\u6295\u8cc7\u5bb6\u304c\u3001\u682a\u5f0f\u30ea\u30b9\u30af\u3092\u53d6\u3089\u305a\u306bMMF\uff08\u30de\u30cd\u30fc\u30fb\u30de\u30fc\u30b1\u30c3\u30c8\u30fb\u30d5\u30a1\u30f3\u30c9\uff09\u3084\u7c73\u56fd\u77ed\u671f\u56fd\u50b5\u306b\u8cc7\u91d1\u3092\u9000\u907f\u3055\u305b\u3066\u3044\u307e\u3057\u305f\u3002<\/span><\/p>\n<p><span class=\"selected\">\u3057\u304b\u3057\u3001\u5229\u4e0b\u3052\u304c\u9032\u3093\u3067\u77ed\u671f\u91d1\u5229\u304c3%\u301c2%\u53f0\u3078\u3068\u4f4e\u4e0b\u3057\u3066\u3044\u304f\u3068\u3001\u300c\u73fe\u91d1\u3067\u5bdd\u304b\u305b\u3066\u304a\u304f\u30a4\u30f3\u30bb\u30f3\u30c6\u30a3\u30d6\u300d\u304c\u6d88\u6ec5\u3057\u307e\u3059\u3002\u305d\u306e\u7d50\u679c\u3001\u300c3%\u53f0\u534a\u3070\u301c4%\u524d\u5f8c\u306e\u5065\u5168\u306a\u914d\u5f53\u5229\u56de\u308a\u3092\u751f\u307f\u51fa\u3059HDV\u3084VYM\u306a\u3069\u306e\u9ad8\u914d\u5f53ETF\u300d\u306b\u5de8\u984d\u306e\u30de\u30cd\u30fc\u304c\u9084\u6d41\uff08\u30ea\u30ed\u30b1\u30fc\u30b7\u30e7\u30f3\uff09\u3057\u3001\u4e0b\u5024\u3092\u5f37\u529b\u306b\u8cb7\u3044\u652f\u3048\u308b\u529b\u5b66\u304c\u50cd\u304d\u307e\u3059\u3002<\/span><\/p>\n<h3><span class=\"selected\">5-4. \u70ba\u66ff\u52d5\u5411\uff08\u30c9\u30eb\u5186\uff09\u3068\u7a0e\u5236\u4e0a\u306e\u7559\u610f\u70b9<\/span><\/h3>\n<p><span class=\"selected\">\u65e5\u672c\u306e\u6295\u8cc7\u5bb6\u304c\u7c73\u56fd\u306e\u9ad8\u914d\u5f53ETF\u3084\u500b\u5225\u682a\u3092\u4fdd\u6709\u3059\u308b\u969b\u3001\u907f\u3051\u3066\u901a\u308c\u306a\u3044\u306e\u304c\u70ba\u66ff\u3068\u7a0e\u91d1\u306e\u554f\u984c\u3067\u3059\u3002<\/span><\/p>\n<ul>\n<li>\n<p><strong><span class=\"selected\">\u7c73\u5229\u4e0b\u3052\u3068\u5186\u9ad8\u30ea\u30b9\u30af<\/span><\/strong><span class=\"selected\">: \u65e5\u7c73\u91d1\u5229\u5dee\u304c\u7e2e\u5c0f\u3059\u308b\u904e\u7a0b\u3067\u306f\u3001\u70ba\u66ff\u76f8\u5834\u304c\u30c9\u30eb\u5b89\u30fb\u5186\u9ad8\u65b9\u5411\u306b\u632f\u308c\u3084\u3059\u304f\u306a\u308a\u307e\u3059\u3002\u7c73\u56fd\u682a\u81ea\u4f53\u306e\u30c9\u30eb\u5efa\u3066\u4fa1\u683c\u304c\u4e0a\u6607\u3057\u3066\u3082\u3001\u5186\u63db\u7b97\u30d9\u30fc\u30b9\u306e\u8cc7\u7523\u984d\u304c\u76ee\u6e1b\u308a\u3059\u308b\u30ea\u30b9\u30af\u304c\u3042\u308b\u305f\u3081\u3001\u6642\u9593\u5206\u6563\uff08\u7a4d\u7acb\u8cb7\u4ed8\uff09\u306b\u3088\u3063\u3066\u70ba\u66ff\u30b3\u30b9\u30c8\u3092\u5e73\u6e96\u5316\u3059\u308b\u3053\u3068\u304c\u4e0d\u53ef\u6b20\u3067\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u5916\u56fd\u6e90\u6cc9\u5fb4\u53ce\u7a0e\u3068\u5916\u56fd\u7a0e\u984d\u63a7\u9664<\/span><\/strong><span class=\"selected\">: \u7c73\u56fd\u682a\u306e\u914d\u5f53\u91d1\u306b\u306f\u3001\u307e\u305a\u7c73\u56fd\u73fe\u5730\u306710%\u306e\u7a0e\u91d1\u304c\u6e90\u6cc9\u5fb4\u53ce\u3055\u308c\u3001\u305d\u306e\u6b8b\u984d\u306b\u5bfe\u3057\u3066\u65e5\u672c\u306e\u6240\u5f97\u7a0e\u30fb\u4f4f\u6c11\u7a0e\uff08\u7d0420.315%\uff09\u304c\u8ab2\u7a0e\u3055\u308c\u307e\u3059\u3002\u78ba\u5b9a\u7533\u544a\u3067\u300c\u5916\u56fd\u7a0e\u984d\u63a7\u9664\u300d\u3092\u7533\u8acb\u3059\u308b\u3053\u3068\u3067\u4e8c\u91cd\u8ab2\u7a0e\u306e\u4e00\u5b9a\u5272\u5408\u3092\u53d6\u308a\u623b\u3059\u3053\u3068\u304c\u53ef\u80fd\u3067\u3059\u3002\u307e\u305f\u3001\u65b0NISA\u306e\u6210\u9577\u6295\u8cc7\u67a0\u3092\u6d3b\u7528\u3057\u305f\u5834\u5408\u306f\u56fd\u5185\u7a0e\u306f\u975e\u8ab2\u7a0e\u3068\u306a\u308a\u307e\u3059\u304c\u3001\u7c73\u56fd\u73fe\u5730\u306e10%\u306f\u63a7\u9664\u5bfe\u8c61\u5916\u3068\u306a\u308b\u4ed5\u7d44\u307f\u3092\u6b63\u3057\u304f\u7406\u89e3\u3057\u3066\u304a\u304f\u5fc5\u8981\u304c\u3042\u308a\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<\/ul>\n<h2><span class=\"selected\">6. \u91d1\u878d\u3084\u6295\u8cc7\u306e\u77e5\u8b58\uff08\u30ea\u30c6\u30e9\u30b7\u30fc\uff09\u304c\u306a\u305c\u91cd\u8981\u306a\u306e\u304b<\/span><\/h2>\n<p><span class=\"selected\">\u672c\u7a3f\u3067\u306f\u3001AI\u30fb\u534a\u5c0e\u4f53\u306e\u30ea\u30b9\u30af\u3001\u975eAI\u30bb\u30af\u30bf\u30fc\u306e\u5f79\u5272\u3001\u9ad8\u914d\u5f53ETF\u306e\u7279\u6027\u3001\u305d\u3057\u3066\u5229\u4e0b\u3052\u30b5\u30a4\u30af\u30eb\u306e\u5f71\u97ff\u306b\u3064\u3044\u3066\u8ad6\u3058\u3066\u304d\u307e\u3057\u305f\u3002\u3057\u304b\u3057\u3001\u3044\u304b\u306b\u7cbe\u7dfb\u306a\u5206\u6790\u3084\u512a\u308c\u305f\u9298\u67c4\u60c5\u5831\u304c\u3042\u3063\u305f\u3068\u3057\u3066\u3082\u3001<\/span><strong><span class=\"selected\">\u6295\u8cc7\u5bb6\u81ea\u8eab\u306e\u300c\u91d1\u878d\u30ea\u30c6\u30e9\u30b7\u30fc\u300d\u304c\u6b20\u5982\u3057\u3066\u3044\u308c\u3070\u3001\u8cc7\u7523\u5f62\u6210\u306f\u6700\u7d42\u7684\u306b\u5931\u6557\u3057\u307e\u3059\u3002<\/span><\/strong><\/p>\n<p><span class=\"selected\">\u306a\u305c\u6295\u8cc7\u306b\u304a\u3051\u308b\u77e5\u8b58\u306e\u7fd2\u5f97\u304c\u305d\u308c\u307b\u3069\u307e\u3067\u306b\u91cd\u8981\u306a\u306e\u304b\u3001\u305d\u306e\u672c\u8cea\u7684\u306a\u7406\u7531\u30924\u3064\u306b\u6574\u7406\u3057\u307e\u3059\u3002<\/span><\/p>\n<pre><code><span class=\"selected\">\u3010\u6295\u8cc7\u5224\u65ad\u306b\u304a\u3051\u308b\u77e5\u8b58\u306e\u5f79\u5272\u3011\r\n\uff3b\u60c5\u5831\u306e\u6d2a\u6c34\u30fbSNS\u306e\u6d41\u884c\uff3d \u2500\u2500\u2510\r\n\uff3b\u76f8\u5834\u306e\u4e71\u9ad8\u4e0b\u30fb\u66b4\u843d\uff3d   \u2500\u2500\u253c\u2500\u2192 \uff3b\u91d1\u878d\u30ea\u30c6\u30e9\u30b7\u30fc\u3068\u3044\u3046\u9632\u58c1\uff3d \u2500\u2192 \uff3b\u5408\u7406\u7684\u3067\u30d6\u30ec\u306a\u3044\u6295\u8cc7\u884c\u52d5\uff3d\r\n\uff3b\u4e0d\u5b89\u3084\u5f37\u6b32\u306e\u5fc3\u7406\uff3d     \u2500\u2500\u2518\r\n<\/span><br class=\"ProseMirror-trailingBreak\" \/>\r\n<\/code><\/pre>\n<h3><span class=\"selected\">6-1. \u300c\u4ed6\u4eba\u306e\u63a8\u5968\u300d\u304b\u3089\u300c\u81ea\u5df1\u306e\u57fa\u6e96\u300d\u3078\u306e\u8ee2\u63db<\/span><\/h3>\n<p><span class=\"selected\">SNS\u3084\u30e1\u30c7\u30a3\u30a2\u3001\u52d5\u753b\u30b5\u30a4\u30c8\u306b\u306f\u3001\u300c\u4eca\u3059\u3050\u3053\u308c\u3092\u8cb7\u3048\u300d\u300cAI\u682a\u3067FIRE\u9054\u6210\u300d\u300c\u9ad8\u914d\u5f53\u682a\u306f\u30aa\u30ef\u30b3\u30f3\u300d\u300c\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u6295\u8cc7\u3060\u3051\u3067\u5341\u5206\u300d\u3068\u3044\u3063\u305f\u65ad\u7247\u7684\u306a\u60c5\u5831\u304c\u6ea2\u308c\u304b\u3048\u3063\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n<p><span class=\"selected\">\u77e5\u8b58\u304c\u306a\u3044\u6295\u8cc7\u5bb6\u306f\u3001\u4ed6\u4eba\u306e\u63a8\u5968\u3059\u308b\u9298\u67c4\u3092\u9d5c\u5451\u307f\u306b\u3057\u3066\u9ad8\u5024\u3067\u98db\u3073\u3064\u304d\u3001\u682a\u4fa1\u304c\u6025\u843d\u3057\u305f\u77ac\u9593\u306b\u300c\u9a19\u3055\u308c\u305f\u300d\u3068\u30d1\u30cb\u30c3\u30af\u306b\u306a\u3063\u3066\u6700\u5b89\u5024\u3067\u58f2\u5374\u3057\u3066\u3057\u307e\u3044\u307e\u3059\u3002<\/span><\/p>\n<p><span class=\"selected\">\u91d1\u878d\u77e5\u8b58\u3092\u6301\u3064\u3068\u3044\u3046\u3053\u3068\u306f\u3001<\/span><strong><span class=\"selected\">\u300c\u305d\u306e\u8cc7\u7523\u304c\u3069\u306e\u3088\u3046\u306a\u7406\u5c48\u3067\u53ce\u76ca\u3092\u751f\u307f\u51fa\u3057\u3001\u3069\u306e\u3088\u3046\u306a\u6761\u4ef6\u3067\u640d\u3092\u3059\u308b\u306e\u304b\u300d\u3092\u81ea\u5206\u81ea\u8eab\u306e\u982d\u3067\u8aac\u660e\u3067\u304d\u308b\u72b6\u614b<\/span><\/strong><span class=\"selected\">\u3092\u4f5c\u308b\u3053\u3068\u3067\u3059\u3002\u300c\u306a\u305c\u4eca\u30cf\u30a4\u30c6\u30af\u3060\u3051\u3067\u306a\u304f\u9ad8\u914d\u5f53ETF\u3092\u6df7\u305c\u308b\u306e\u304b\u300d\u300c\u306a\u305c\u5229\u4e0b\u3052\u5c40\u9762\u3067\u3053\u306e\u30bb\u30af\u30bf\u30fc\u3092\u6301\u3064\u306e\u304b\u300d\u3068\u3044\u3046\u6839\u62e0\uff08\u6295\u8cc7\u306e\u4eee\u8aac\uff09\u3092\u81ea\u8eab\u3067\u6301\u3063\u3066\u3044\u308c\u3070\u3001\u65e5\u3005\u306e\u682a\u4fa1\u306e\u4e0a\u4e0b\u52d5\u306b\u60d1\u308f\u3055\u308c\u305a\u3001\u81ea\u5f8b\u7684\u306b\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u3092\u30b3\u30f3\u30c8\u30ed\u30fc\u30eb\u3067\u304d\u308b\u3088\u3046\u306b\u306a\u308a\u307e\u3059\u3002<\/span><\/p>\n<h3><span class=\"selected\">6-2. \u66b4\u843d\u6642\u30fb\u904e\u71b1\u6642\u306b\u304a\u3051\u308b\u5fc3\u7406\u7684\u30d0\u30a4\u30a2\u30b9\uff08FOMO\u3068\u72fc\u72fd\u58f2\u308a\uff09\u306e\u514b\u670d<\/span><\/h3>\n<p><span class=\"selected\">\u4eba\u9593\u306e\u8133\u306f\u3001\u9032\u5316\u306e\u904e\u7a0b\u306b\u304a\u3044\u3066\u300c\u77ed\u671f\u7684\u306a\u5371\u967a\u3092\u56de\u907f\u3057\u3001\u96c6\u56e3\u3068\u540c\u3058\u884c\u52d5\u3092\u53d6\u308b\u300d\u3088\u3046\u306b\u8a2d\u8a08\u3055\u308c\u3066\u3044\u307e\u3059\u3002\u3057\u304b\u3057\u3001\u3053\u306e\u672c\u80fd\u306f\u6295\u8cc7\u306e\u4e16\u754c\u3067\u306f\u81f4\u547d\u50b7\u3068\u306a\u308a\u307e\u3059\u3002<\/span><\/p>\n<ul>\n<li>\n<p><strong><span class=\"selected\">FOMO\uff08\u53d6\u308a\u6b8b\u3055\u308c\u308b\u6050\u6016\uff09<\/span><\/strong><span class=\"selected\">: \u5468\u56f2\u304cAI\u682a\u3067\u5927\u5132\u3051\u3057\u3066\u3044\u308b\u306e\u3092\u898b\u3066\u3001\u904e\u71b1\u3057\u304d\u3063\u305f\u6700\u9ad8\u5024\u3067\u5168\u8ca1\u7523\u3092\u6295\u3058\u3066\u3057\u307e\u3046\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u72fc\u72fd\u58f2\u308a\uff08\u30d1\u30cb\u30c3\u30af\u30bb\u30eb\uff09<\/span><\/strong><span class=\"selected\">: \u666f\u6c17\u5f8c\u9000\u306e\u30cb\u30e5\u30fc\u30b9\u3084\u682a\u4fa1\u306e\u6025\u843d\u306b\u8010\u3048\u304d\u308c\u305a\u3001\u6050\u6016\u304b\u3089\u6295\u3052\u58f2\u308a\u3057\u3066\u3057\u307e\u3046\u3002<\/span><\/p>\n<\/li>\n<\/ul>\n<p><span class=\"selected\">\u6b74\u53f2\u7684\u306a\u66b4\u843d\u3084\u30d0\u30d6\u30eb\u5d29\u58ca\u3001\u666f\u6c17\u5faa\u74b0\u306e\u30b5\u30a4\u30af\u30eb\u3092\u77e5\u8b58\u3068\u3057\u3066\u77e5\u3063\u3066\u3044\u308b\u6295\u8cc7\u5bb6\u306f\u3001\u66b4\u843d\u306b\u76f4\u9762\u3057\u3066\u3082\u300c\u3053\u308c\u306f\u8cc7\u672c\u4e3b\u7fa9\u306e\u6b74\u53f2\u306e\u4e2d\u3067\u4f55\u5ea6\u3082\u7e70\u308a\u8fd4\u3055\u308c\u3066\u304d\u305f\u8abf\u6574\u5c40\u9762\u306b\u904e\u304e\u306a\u3044\u300d\u300c\u512a\u826f\u4f01\u696d\u306e\u914d\u5f53\u306f\u682a\u4fa1\u307b\u3069\u4e0b\u304c\u3063\u3066\u3044\u306a\u3044\u300d\u3068\u51b7\u9759\u306b\u5ba2\u89b3\u8996\u3067\u304d\u307e\u3059\u3002\u77e5\u8b58\u306f\u3001\u611f\u60c5\u304c\u66b4\u8d70\u3057\u305d\u3046\u306b\u306a\u3063\u305f\u6642\u306b\u7406\u6027\u3092\u7e4b\u304e\u6b62\u3081\u308b\u300c\u5b89\u5168\u88c5\u7f6e\u300d\u306a\u306e\u3067\u3059\u3002<\/span><\/p>\n<h3><span class=\"selected\">6-3. \u9577\u671f\u8907\u5229\u904b\u7528\u306e\u6570\u5b66\u7684\u771f\u5b9f<\/span><\/h3>\n<p><span class=\"selected\">\u30a2\u30a4\u30f3\u30b7\u30e5\u30bf\u30a4\u30f3\u304c\u300c\u4eba\u985e\u6700\u5927\u306e\u6570\u5b66\u7684\u767a\u898b\u300d\u3068\u547c\u3093\u3060\u8907\u5229\uff08Compounding\uff09\u306e\u52b9\u679c\u3092\u6b63\u3057\u304f\u4f53\u611f\u30fb\u7406\u89e3\u3057\u3066\u3044\u308b\u4eba\u306f\u9a5a\u304f\u307b\u3069\u5c11\u6570\u3067\u3059\u3002<\/span><\/p>\n<p><span class=\"selected\">\u8907\u5229\u306e\u679c\u5b9f\u3092\u5f97\u308b\u305f\u3081\u306e\u7d76\u5bfe\u6761\u4ef6\u306f\u3001\u300c\u76f8\u5834\u304b\u3089\u9000\u5834\u3057\u306a\u3044\u3053\u3068\uff08\u81f4\u547d\u50b7\u3092\u8ca0\u308f\u306a\u3044\u3053\u3068\uff09\u300d\u3067\u3059\u3002<\/span><\/p>\n<p><math-block class=\"math-block math-node selected\" data-math=\"A_n = A_0 \\times (1 + r)^n\" title=\"\" contenteditable=\"false\">$$A_n = A_0 \\times (1 + r)^n$$<\/math-block><\/p>\n<p><span class=\"selected\">\u8cc7\u7523\u304c\u4e00\u5ea6\u3067\u308250%\u4e0b\u843d\u3059\u308b\u3068\u3001\u5143\u306e\u6c34\u6e96\u306b\u623b\u3059\u305f\u3081\u306b\u306f100%\uff082\u500d\uff09\u306e\u4e0a\u6607\u304c\u5fc5\u8981\u306b\u306a\u308a\u307e\u3059\u3002\u30cf\u30a4\u30ea\u30b9\u30af\u306a\u5358\u4e00\u30bb\u30af\u30bf\u30fc\u306b\u96c6\u4e2d\u6295\u8cc7\u3057\u3066\u8cc7\u7523\u3092\u534a\u5206\u306b\u6eb6\u304b\u3057\u3066\u3057\u307e\u3046\u3068\u3001\u8907\u5229\u306e\u6642\u8a08\u306f\u6570\u5e74\u9593\u5b8c\u5168\u306b\u505c\u6b62\u3057\u3066\u3057\u307e\u3044\u307e\u3059\u3002<\/span><\/p>\n<p><span class=\"selected\">\u300c\u9069\u5ea6\u306a\u30ea\u30bf\u30fc\u30f3\u3092\u72d9\u3044\u306a\u304c\u3089\u3001\u30c9\u30ed\u30fc\u30c0\u30a6\u30f3\u3092\u6d45\u304f\u6291\u3048\u308b\u305f\u3081\u306b\u5206\u6563\u3059\u308b\u300d\u3068\u3044\u3046\u30a2\u30d7\u30ed\u30fc\u30c1\u3053\u305d\u304c\u3001\u9577\u671f\u7684\u306a\u6700\u7d42\u5230\u9054\u8cc7\u7523\u984d\u3092\u6700\u5927\u5316\u3059\u308b\u305f\u3081\u306e\u6570\u5b66\u7684\u5fc5\u7136\u3067\u3059\u3002\u3053\u306e\u771f\u7406\u3092\u7406\u89e3\u3057\u3066\u3044\u308b\u304b\u3069\u3046\u304b\u304c\u300110\u5e74\u5f8c\u300120\u5e74\u5f8c\u306e\u8cc7\u7523\u898f\u6a21\u306b\u6c7a\u5b9a\u7684\u306a\u5dee\u3092\u751f\u307f\u51fa\u3057\u307e\u3059\u3002<\/span><\/p>\n<h3><span class=\"selected\">6-4. \u5909\u5316\u3059\u308b\u30de\u30af\u30ed\u74b0\u5883\u3092\u751f\u304d\u629c\u304f\u77e5\u7684\u9632\u58c1<\/span><\/h3>\n<p><span class=\"selected\">\u79c1\u305f\u3061\u304c\u751f\u304d\u308b\u4e16\u754c\u306f\u9759\u6b62\u3057\u3066\u3044\u307e\u305b\u3093\u3002\u30a4\u30f3\u30d5\u30ec\u306e\u518d\u71c3\u3001\u91d1\u5229\u306e\u6025\u6fc0\u306a\u5909\u52d5\u3001\u901a\u8ca8\u4fa1\u5024\u306e\u5e0c\u91c8\u3001\u5730\u653f\u5b66\u7684\u7d1b\u4e89\u306a\u3069\u3001\u30de\u30af\u30ed\u7d4c\u6e08\u306e\u30eb\u30fc\u30eb\u306f\u5e38\u306b\u5909\u5316\u3057\u307e\u3059\u3002<\/span><\/p>\n<p><span class=\"selected\">\u904e\u53bb10\u5e74\u9593\u306b\u901a\u7528\u3057\u305f\u300c\u4f4e\u30a4\u30f3\u30d5\u30ec\u30fb\u8d85\u4f4e\u91d1\u5229\u30fb\u30d3\u30c3\u30b0\u30c6\u30c3\u30af\u4e00\u5f37\u76f8\u5834\u300d\u306e\u6210\u529f\u4f53\u9a13\u304c\u3001\u3053\u308c\u304b\u3089\u306e10\u5e74\u3082\u901a\u7528\u3059\u308b\u3068\u306f\u9650\u308a\u307e\u305b\u3093\u3002<\/span><\/p>\n<p><span class=\"selected\">\u81ea\u3089\u5b66\u3076\u59ff\u52e2\u3092\u6301\u3061\u3001\u30de\u30af\u30ed\u7d4c\u6e08\u6307\u6a19\uff08\u91d1\u5229\u3001\u30a4\u30f3\u30d5\u30ec\u7387\u3001\u96c7\u7528\u7d71\u8a08\u3001\u4f01\u696d\u696d\u7e3e\uff09\u306e\u8aad\u307f\u65b9\u3092\u8eab\u306b\u3064\u3051\u3066\u304a\u304f\u3053\u3068\u306f\u3001\u6642\u4ee3\u306e\u5909\u5316\u306b\u5408\u308f\u305b\u3066\u81ea\u8eab\u306e\u8cc7\u7523\u9632\u885b\u7b56\u3092\u67d4\u8edf\u306b\u30a2\u30c3\u30d7\u30c7\u30fc\u30c8\u3059\u308b\u305f\u3081\u306e\u300c\u77e5\u7684\u9632\u58c1\u300d\u3068\u306a\u308a\u307e\u3059\u3002\u304a\u91d1\u3092\u4ed6\u4eba\u306b\u9810\u3051\u305f\u308a\u3001\u30a2\u30eb\u30b4\u30ea\u30ba\u30e0\u306b\u4efb\u305b\u304d\u308a\u306b\u3057\u305f\u308a\u3059\u308b\u306e\u3067\u306f\u306a\u304f\u3001\u81ea\u5206\u81ea\u8eab\u306e\u77e5\u8b58\u3092\u30a2\u30c3\u30d7\u30c7\u30fc\u30c8\u3057\u7d9a\u3051\u308b\u3053\u3068\u3053\u305d\u304c\u3001\u6700\u5927\u306e\u8cc7\u672c\u5f62\u6210\u6d3b\u52d5\u3067\u3059\u3002<\/span><\/p>\n<h2><span class=\"selected\">7. \u7dcf\u62ec\u3068\u660e\u65e5\u304b\u3089\u306e\u5b9f\u8df5\u30ed\u30fc\u30c9\u30de\u30c3\u30d7<\/span><\/h2>\n<p><span class=\"selected\">AI\u30fb\u5148\u7aef\u534a\u5c0e\u4f53\u306f\u3001\u4eca\u5f8c\u3082\u4eba\u985e\u306e\u793e\u4f1a\u751f\u6d3b\u3092\u5927\u304d\u304f\u5909\u9769\u3057\u3066\u3044\u304f\u6975\u3081\u3066\u6709\u671b\u306a\u30a4\u30ce\u30d9\u30fc\u30b7\u30e7\u30f3\u3067\u3042\u308b\u3053\u3068\u306b\u7591\u3044\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u3057\u304b\u3057\u3001<\/span><strong><span class=\"selected\">\u300c\u6280\u8853\u306e\u9032\u6b69\u300d\u3068\u300c\u77ed\u671f\u7684\u306a\u682a\u5f0f\u6295\u8cc7\u306e\u30ea\u30bf\u30fc\u30f3\u300d\u306f\u5fc5\u305a\u3057\u3082\u4e00\u81f4\u3057\u307e\u305b\u3093\u3002<\/span><\/strong><span class=\"selected\"> \u671f\u5f85\u5024\u304c\u904e\u5ea6\u306b\u81a8\u3089\u3093\u3060\u5c40\u9762\u3067\u306f\u3001\u73fe\u5b9f\u306e\u30de\u30cd\u30bf\u30a4\u30ba\u306e\u9045\u308c\u3084\u30a4\u30f3\u30d5\u30e9\u5236\u7d04\u3068\u3044\u3063\u305f\u58c1\u306b\u3076\u3064\u304b\u308a\u3001\u5927\u304d\u306a\u63fa\u308a\u623b\u3057\u304c\u767a\u751f\u3059\u308b\u306e\u304c\u5e02\u5834\u306e\u5e38\u7406\u3067\u3059\u3002<\/span><\/p>\n<p><span class=\"selected\">\u8ce2\u660e\u306a\u6295\u8cc7\u5bb6\u304c\u3068\u308b\u3079\u304d\u614b\u5ea6\u306f\u3001AI\u306e\u53ef\u80fd\u6027\u3092\u5168\u9762\u5426\u5b9a\u3057\u3066\u58f2\u308a\u6255\u3046\u3053\u3068\u3067\u3082\u3001\u601d\u8003\u505c\u6b62\u3057\u3066\u5168\u8cc7\u7523\u3092\u30cf\u30a4\u30c6\u30af\u682a\u306b\u8ced\u3051\u308b\u3053\u3068\u3067\u3082\u3042\u308a\u307e\u305b\u3093\u3002<\/span><strong><span class=\"selected\">\u300c\u6210\u9577\u306e\u679c\u5b9f\u3092\u62fe\u3046\u30a8\u30f3\u30b8\u30f3\uff08\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u30fb\u6210\u9577\u682a\uff09\u300d\u3068\u300c\u4e0b\u843d\u304b\u3089\u8eab\u3092\u5b88\u308b\u76fe\uff08\u975eAI\u30c7\u30a3\u30d5\u30a7\u30f3\u30b7\u30d6\u30fb\u9ad8\u914d\u5f53ETF\uff09\u300d\u3092\u30d0\u30e9\u30f3\u30b9\u826f\u304f\u914d\u7f6e\u3057\u3001\u3069\u306e\u3088\u3046\u306a\u7d4c\u6e08\u30b7\u30ca\u30ea\u30aa\u304c\u8a2a\u308c\u3066\u3082\u751f\u304d\u6b8b\u308c\u308b\u4f53\u5236\u3092\u6574\u3048\u308b\u3053\u3068<\/span><\/strong><span class=\"selected\">\u3067\u3059\u3002<\/span><\/p>\n<h3><span class=\"selected\">\u660e\u65e5\u304b\u3089\u306e\u5b9f\u8df5\u30c1\u30a7\u30c3\u30af\u30ea\u30b9\u30c8<\/span><\/h3>\n<ol>\n<li>\n<p><strong><span class=\"selected\">\u4fdd\u6709\u8cc7\u7523\u306e\u30bb\u30af\u30bf\u30fc\u6bd4\u7387\u306e\u53ef\u8996\u5316<\/span><\/strong><\/p>\n<p><span class=\"selected\">\u81ea\u8eab\u304c\u4fdd\u6709\u3059\u308b\u3059\u3079\u3066\u306e\u6295\u8cc7\u4fe1\u8a17\u30fb\u682a\u5f0f\u3092\u4e00\u89a7\u5316\u3057\u3001\u300c\u60c5\u5831\u6280\u8853\u30fb\u534a\u5c0e\u4f53\u300d\u30bb\u30af\u30bf\u30fc\u304c\u8cc7\u7523\u5168\u4f53\u306e\u4f55\uff05\u3092\u5360\u3081\u3066\u3044\u308b\u304b\u3092\u8a08\u7b97\u3059\u308b\uff0830%\u3092\u8d85\u3048\u3066\u3044\u308b\u5834\u5408\u306f\u904e\u71b1\u30ea\u30b9\u30af\u3092\u610f\u8b58\uff09\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u975eAI\u30fb\u30c7\u30a3\u30d5\u30a7\u30f3\u30b7\u30d6\u67a0\u306e\u691c\u8a0e<\/span><\/strong><\/p>\n<p><span class=\"selected\">\u81ea\u8eab\u306e\u6027\u683c\u3084\u30ea\u30b9\u30af\u8a31\u5bb9\u5ea6\u306b\u5408\u308f\u305b\u3066\u3001\u5e83\u7bc4\u306a\u5897\u914d\u3092\u72d9\u3046\u306a\u3089<\/span><strong><span class=\"selected\">VYM<\/span><\/strong><span class=\"selected\">\u3001\u30cf\u30a4\u30c6\u30af\u3092\u5fb9\u5e95\u7684\u306b\u906e\u65ad\u3057\u3066\u5b88\u308a\u3092\u56fa\u3081\u305f\u3044\u306a\u3089<\/span><strong><span class=\"selected\">HDV<\/span><\/strong><span class=\"selected\">\u3092\u5206\u6563\u306e\u9078\u629e\u80a2\u3068\u3057\u3066\u7d44\u307f\u5165\u308c\u308b\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u7a4d\u7acb\u30ea\u30d0\u30e9\u30f3\u30b9\u306e\u5b9f\u884c<\/span><\/strong><\/p>\n<p><span class=\"selected\">\u65e2\u5b58\u306e\u4fdd\u6709\u8cc7\u7523\u3092\u4e00\u6c17\u306b\u58f2\u5374\u3059\u308b\u306e\u3067\u306f\u306a\u304f\u3001\u4eca\u5f8c\u306e\u6bce\u6708\u306e\u7a4d\u7acb\u67a0\u3084\u65b0\u898f\u6295\u5165\u8cc7\u91d1\u306e\u914d\u5206\u5148\u3092\u8abf\u6574\u3057\u3001\u7a0e\u5236\u4e0a\u6709\u5229\u306a\u5f62\u3067\u5f90\u3005\u306b\u30d0\u30e9\u30f3\u30b9\u3092\u662f\u6b63\u3059\u308b\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u7d4c\u6e08\u6307\u6a19\u3068\u5229\u4e0b\u3052\u80cc\u666f\u306e\u30e2\u30cb\u30bf\u30ea\u30f3\u30b0<\/span><\/strong><\/p>\n<p><span class=\"selected\">\u4eca\u5f8c\u306e\u5229\u4e0b\u3052\u304c\u300c\u4e88\u9632\u7684\u5229\u4e0b\u3052\uff08\u8edf\u7740\u9678\uff09\u300d\u306a\u306e\u304b\u300c\u666f\u6c17\u5f8c\u9000\u306b\u4f34\u3046\u5229\u4e0b\u3052\uff08\u786c\u7740\u9678\uff09\u300d\u306a\u306e\u304b\u3092\u30cb\u30e5\u30fc\u30b9\u3084\u7d4c\u6e08\u6307\u6a19\u3092\u901a\u3058\u3066\u5b9a\u70b9\u89b3\u6e2c\u3059\u308b\u3002<\/span><\/p>\n<\/li>\n<li>\n<p><strong><span class=\"selected\">\u7d99\u7d9a\u7684\u306a\u5b66\u7fd2\u7fd2\u6163\u306e\u5b9a\u7740<\/span><\/strong><\/p>\n<p><span class=\"selected\">\u77ed\u671f\u7684\u306a\u682a\u4fa1\u306e\u4e0a\u4e0b\u306b\u60d1\u308f\u3055\u308c\u305a\u3001\u8cc7\u7523\u5f62\u6210\u306e\u30eb\u30fc\u30eb\u3068\u30de\u30af\u30ed\u7d4c\u6e08\u306e\u4ed5\u7d44\u307f\u306b\u3064\u3044\u3066\u4e3b\u4f53\u7684\u306b\u5b66\u3073\u7d9a\u3051\u308b\u3002<\/span><\/p>\n<\/li>\n<\/ol>\n<p><span class=\"selected\">\u76f8\u5834\u306e\u6ce2\u306b\u6d41\u3055\u308c\u308b\u6295\u8cc7\u5bb6\u304b\u3089\u3001\u81ea\u3089\u306e\u77e5\u8b58\u306b\u57fa\u3065\u3044\u3066\u8235\u3092\u53d6\u308b\u771f\u306e\u6295\u8cc7\u5bb6\u3078\u3002\u672c\u7a3f\u3067\u63d0\u793a\u3057\u305f\u77e5\u8b58\u3068\u30d5\u30ec\u30fc\u30e0\u30ef\u30fc\u30af\u304c\u3001\u3042\u306a\u305f\u306e\u9577\u671f\u7684\u306a\u8cc7\u7523\u5f62\u6210\u306e\u78ba\u304b\u306a\u790e\u3068\u306a\u308b\u3053\u3068\u3092\u9858\u3063\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n<div><\/div>\n<div><\/div>\n<div class=\"xcd-attention-8 xcd-col5 xcd-ripple\">\n<div class=\"xcd-title\"><span style=\"font-size: 18pt;\">\u30d7\u30ed\u306e\u77e5\u8b58\u304c\u7121\u6599\u3067\u5b66\u3079\u307e\u3059<\/span><\/div>\n<div class=\"xcd-content\">\n<p><span style=\"font-size: 14pt;\"><strong>\u300c\u6295\u8cc7\u306e\u52c9\u5f37\u3092\u4f55\u304b\u3089\u3084\u3063\u3066\u3044\u3044\u304b\u308f\u304b\u3089\u306a\u3044\u300d\u300c\u6295\u8cc7\u3067\u8cc7\u7523\u3092\u4f5c\u308a\u305f\u3044\u3001\u53ce\u5165\u3092\u5897\u3084\u3057\u305f\u3044\u300d<\/strong><\/span><\/p>\n<p>\u305d\u3093\u306a\u6642\u306f<b><span class=\"f-marker-p\">\u7121\u6599\u3067\u8996\u8074\u3067\u304d\u308b\u30aa\u30f3\u30e9\u30a4\u30f3\u8b1b\u5ea7\u300c<a href=\"https:\/\/toushi-up.com\/ow\/05.html?utm_source=article&amp;utm_medium=cta&amp;utm_content=ueoka\">GFS\u76e3\u4fee \u6295\u8cc7\u306e\u9054\u4eba\u8b1b\u5ea7<\/a>\u300d\u3092\u307e\u305a\u306f\u304a\u8a66\u3057\u3057\u3066\u304f\u3060\u3055\u3044\u3002<\/span><\/b><\/p>\n<p>\u6295\u8cc7\u306e\u9054\u4eba\u306b\u306a\u308b\u6295\u8cc7\u8b1b\u5ea7\u306f\u3001\u751f\u5f92\u657050,000\u4eba\u3092\u8d85\u3048\u8b1b\u7fa9\u6570\u65e5\u672c\u4e00\u306e\u6295\u8cc7\u30b9\u30af\u30fc\u30eb<a href=\"https:\/\/gfs.tokyo\/\">GFS<\/a>\u304c\u63d0\u4f9b\u3059\u308b\u7121\u6599\u30aa\u30f3\u30e9\u30a4\u30f3\u8b1b\u5ea7\u3067\u3059\u3002\u30d7\u30ed\u306e\u6295\u8cc7\u5bb6\u3067\u3042\u308b\u8b1b\u5e2b\u304c\u3001\u672a\u7d4c\u9a13\u8005\u3084\u82e6\u624b\u610f\u8b58\u304c\u3042\u308b\u4eba\u3067\u3082\u5206\u304b\u308b\u3088\u3046\u306b\u3001\u6295\u8cc7\u306e\u4ed5\u7d44\u307f\u3084\u5168\u4f53\u50cf\u3001\u30eb\u30fc\u30eb\u3092\u57fa\u790e\u304b\u3089\u56f3\u89e3\u3092\u4ea4\u3048\u3066\u89e3\u8aac\u3057\u307e\u3059\u3002<\/p>\n<p>\u6295\u8cc7\u306e\u52c9\u5f37\u3092\u306a\u308b\u3079\u304f\u52b9\u7387\u3088\u304f\u59cb\u3081\u305f\u3044\u4eba\u306f\u3001\u305c\u3072\u4e00\u5ea6\u3054\u8996\u8074\u304f\u3060\u3055\u3044\u3002<\/p>\n<div class=\"cv-btn-wrap\">\n<div class=\"cv-copy\" style=\"text-align: center;\"><strong><a 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2026\u5e74\u6642\u70b9\u306e\u60c5\u5831\u306b\u57fa\u3065\u304d\u4f5c\u6210\u3055\u308c\u3066\u3044\u307e\u3059\u304c\u3001\u305d\u306e\u6b63\u78ba\u6027\u3084\u5b8c\u5168\u6027\u3092\u4fdd\u8a3c\u3059\u308b\u3082\u306e\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u6700\u65b0\u306e\u696d\u7e3e\u3084\u30cb\u30e5\u30fc\u30b9\u306f\u3001\u5fc5\u305a\u5404\u4f01\u696d\u306eIR\u30b5\u30a4\u30c8\u3084\u4e00\u6b21\u8cc7\u6599\u3067\u3054\u78ba\u8a8d\u304f\u3060\u3055\u3044\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"5,3,0\"><b data-path-to-node=\"5,3,0\" data-index-in-node=\"0\">\u640d\u5931\u306e\u88dc\u511f\uff1a<\/b> \u672c\u8a18\u4e8b\u306e\u5185\u5bb9\u306b\u57fa\u3065\u3044\u3066\u88ab\u3063\u305f\u3044\u304b\u306a\u308b\u640d\u5bb3\uff08\u76f4\u63a5\u7684\u30fb\u9593\u63a5\u7684\u3092\u554f\u308f\u305a\uff09\u306b\u3064\u3044\u3066\u3082\u3001\u7b46\u8005\u306f\u4e00\u5207\u306e\u8cac\u4efb\u3092\u8ca0\u3044\u307e\u305b\u3093\u3002<\/p>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>AI\u30d0\u30d6\u30eb\u5d29\u58ca\u306b\u5099\u3048\u308b\u975eAI\u9298\u67c4\u304a\u3059\u3059\u3081\u89e3\u8aac\uff01\u5206\u6563\u6295\u8cc7\u306e\u6c7a\u5b9a\u7248 \u521d\u5fc3\u8005\u304b\u3089\u5b9f\u8df5\u3067\u304d\u308b\u975e\u30cf\u30a4\u30c6\u30af\u8cc7\u7523\u30fb\u9ad8\u914d\u5f53ETF\u6d3b\u7528\u3068\u91d1\u878d\u30ea\u30c6\u30e9\u30b7\u30fc\u306e\u8981\u8ae6 \u6982\u8981\uff08Executive Summary\uff09 \u8fd1\u5e74\u3001\u682a\u5f0f\u5e02\u5834\u306fChatGPT\u306e\u53f0\u982d [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":33195,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[10,12],"acf":[],"_links":{"self":[{"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/posts\/33177"}],"collection":[{"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/comments?post=33177"}],"version-history":[{"count":6,"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/posts\/33177\/revisions"}],"predecessor-version":[{"id":33222,"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/posts\/33177\/revisions\/33222"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/media\/33195"}],"wp:attachment":[{"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/media?parent=33177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/categories?post=33177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}