ETF基金日报丨军工相关ETF涨幅居前，机构：2025年军工行业订单有望迎来拐点

Market Overview - The Shanghai Composite Index rose by 0.82% to close at 3369.24 points, with a daily high of 3372.47 points [1] - The Shenzhen Component Index increased by 1.72% to close at 10301.16 points, reaching a high of 10302.05 points [1] - The ChiNext Index saw a rise of 2.63%, closing at 2064.71 points, with a peak of 2066.31 points [1] ETF Market Performance - The median return for stock ETFs was 1.1%, with the highest return from the China Securities 2000 Enhanced Strategy ETF at 6.44% [2] - The top-performing industry index ETF was the China Universal ChiNext Technology ETF, yielding 2.76% [2] - The top strategy index ETF was the China Universal ChiNext Low Volatility Value ETF, with a return of 2.43% [2] - The highest return among thematic index ETFs was from the Fortune National Defense Leaders ETF at 5.53% [2] ETF Gains and Losses - The top three ETFs by gain were: - China Securities 2000 Enhanced Strategy ETF (6.44%) - Fortune National Defense Leaders ETF (5.53%) - Penghua National Defense ETF (5.05%) [5] - The three ETFs with the largest declines were: - Guotai National Defense Innovation Drug Industry ETF (-2.95%) - Huatai-PB National Defense Innovation Drug Industry ETF (-2.74%) - Tibet Dongcai National Defense Innovation Drug Industry ETF (-2.65%) [6] ETF Fund Flows - The top three ETFs by fund inflow were: - Huaxia SSE 50 ETF (inflow of 800 million) - Huaxia SSE Sci-Tech 50 ETF (inflow of 496 million) - E Fund SSE Sci-Tech 50 ETF (inflow of 353 million) [8] - The three ETFs with the largest outflows were: - Huazhang ChiNext 50 ETF (outflow of 397 million) - Huaxia National Robot ETF (outflow of 396 million) - Guotai National Defense ETF (outflow of 277 million) [9] ETF Margin Trading Overview - The top three ETFs by margin buying were: - Huaxia SSE Sci-Tech 50 ETF (660 million) - Guotai National Comprehensive Securities Company ETF (256 million) - Huatai-PB CSI 300 ETF (255 million) [11] - The highest margin selling amounts were for: - Huatai-PB CSI 300 ETF (35.25 million) - Southern CSI 500 ETF (11.60 million) - Huaxia SSE 50 ETF (8.36 million) [12] Industry Insights - Zhongyou Securities forecasts a turning point for military industry orders by 2025, driven by new technologies and products aimed at enhancing equipment performance and reducing costs [13] - The focus is on two investment themes: 1. Equipment construction entering a new phase, emphasizing aerospace and "gap-filling" priorities 2. New technologies, products, and markets that may offer greater elasticity [13] - China Aviation Securities highlights that commercial aerospace and military trade will significantly elevate the market space for the military industry [14] - The recent market sentiment has improved, with a focus on long-term expectations rather than short-term realizations, particularly in military trade and commercial aerospace sectors [14]