红利低波策略攻守兼备，红利低波100ETF(159307)连续3天净流入

Core Viewpoint - The news discusses the performance and potential of the Zhongzheng Dividend Low Volatility 100 Index and its corresponding ETF, highlighting its recent market behavior, liquidity, and investment strategy. Group 1: Index and ETF Performance - As of April 23, 2025, the Zhongzheng Dividend Low Volatility 100 Index (930955) decreased by 0.41%, with constituent stocks showing mixed results [3] - The Dividend Low Volatility 100 ETF (159307) also fell by 0.39%, with the latest price at 1.03 yuan [3] - The ETF's trading volume was 1.23%, with a total transaction value of 10.97 million yuan [3] - Over the past month, the ETF's average daily trading volume was 9.82 million yuan [3] Group 2: Investment Strategy and Market Outlook - According to Xinda Securities, the Dividend Low Volatility strategy combines "dividend" and "low volatility" factors, focusing on company quality while filtering out high-volatility stocks, creating a balanced investment portfolio [4] - The recent rebound in the dividend sector has been weaker than the overall market, indicating potential for a rebound due to relative valuation decline [4] - The strategy is expected to attract more capital inflow, supported by a market preference for stable returns and favorable policy conditions [4] Group 3: Fund Size and Share Information - The latest size of the Dividend Low Volatility 100 ETF reached 907 million yuan, marking a one-year high [5] - The ETF's latest share count is 881 million shares, also a one-year high [6] Group 4: Fund Inflows and Performance Metrics - The ETF has seen continuous net inflows over the past three days, with a maximum single-day net inflow of 12.36 million yuan, totaling 19.53 million yuan in net inflows [7] - The ETF's net value increased by 5.49% over the past year, ranking first among comparable funds [7] - The maximum drawdown for the ETF this year was 6.18%, the smallest among comparable funds [7] Group 5: Tracking Accuracy and Top Holdings - As of April 21, 2025, the ETF's tracking error over the past month was 0.017%, indicating high tracking accuracy compared to similar funds [8] - The top ten weighted stocks in the index account for 19.3% of the total, with notable companies including Jizhong Energy and Daqin Railway [8][9]