Xin Lang Cai Jing·2025-04-09 05:57Core Insights - The Central State-Owned Enterprises Innovation-Driven Index (000861) has shown a positive performance with a 0.94% increase as of April 9, 2025, with notable gains from constituent stocks such as China Haifeng (10.01%) and Inner Mongolia First Machinery (10.00%) [3] - The Central State-Owned Enterprises Innovation-Driven ETF (515900) has also increased by 1.08%, reaching a latest price of 1.4 yuan, with a trading volume of 30.77 million yuan [3] - Over the past five years, the ETF has achieved a net value increase of 56.10%, ranking 74 out of 947 in the index stock fund category, placing it in the top 7.81% [4] Performance Metrics - The ETF has recorded a maximum monthly return of 15.05% since its inception, with the longest consecutive monthly gain being five months and a total increase of 24.91% [4] - The average return for the months with gains is 4.08%, and the annual profit percentage stands at 80.00%, with a historical three-year profit probability of 97.26% [4] - As of April 8, 2025, the ETF has outperformed its benchmark with an annualized excess return of 2.80% over the past year [4] Liquidity and Scale - The ETF's latest scale is 3.282 billion yuan, ranking it in the top quarter among comparable funds [3] - The average daily trading volume over the past year is 42.68 million yuan, making it the highest among comparable funds [3] Fee Structure and Tracking Accuracy - The management fee for the ETF is 0.15%, and the custody fee is 0.05%, which are the lowest among comparable funds [4] - The tracking error over the past five years is 0.038%, indicating the highest tracking precision among similar funds [4] Sector Insights - The deep-sea technology sector is highlighted as having significant investment potential, with a focus on deep-sea equipment, new deep-sea carriers, deep-sea materials, and sensors [5] - The Central State-Owned Enterprises Innovation-Driven Index evaluates the innovation and profitability quality of state-owned enterprises, selecting 100 representative listed companies to reflect the overall performance of innovative state-owned enterprises [5] Top Holdings - As of March 31, 2025, the top ten weighted stocks in the index include Hikvision (5.01%), Guodian Nari (4.86%), and China Telecom (3.17%), collectively accounting for 34% of the index [6]