Xin Lang Cai Jing·2025-06-12 05:43Core Viewpoint - The performance of the China Securities Dividend Low Volatility 100 Index and its corresponding ETF indicates a mixed market sentiment, with a focus on the stability and long-term investment value of the banking sector [3][4]. Group 1: Index and ETF Performance - As of June 12, 2025, the China Securities Dividend Low Volatility 100 Index (930955) decreased by 0.15%, with constituent stocks showing varied performance [3]. - The Dividend Low Volatility 100 ETF (159307) rose by 0.09%, with the latest price at 1.06 yuan, and a trading volume of 11.44 million yuan [3]. - The ETF's latest scale reached 988 million yuan, marking a one-year high, with a significant increase of 40 million shares in the past month [4]. Group 2: Fund Flows and Investment Trends - The Dividend Low Volatility 100 ETF experienced a net inflow of 2.12 million yuan recently, with a total of 44.13 million yuan net inflow over the last 22 trading days [4]. - Leveraged funds are increasingly investing in the ETF, with the latest margin buying amounting to 1.07 million yuan and a margin balance of 18.74 million yuan [4]. Group 3: Historical Performance and Risk Metrics - The ETF's net value increased by 12.29% over the past year, ranking first among comparable funds [5]. - The maximum drawdown for the ETF this year was 6.18%, the smallest among comparable funds, with a recovery time of 36 days [5]. - The management fee for the ETF is 0.15%, and the custody fee is 0.05%, both of which are the lowest in its category [5]. Group 4: Top Holdings - As of May 30, 2025, the top ten weighted stocks in the index accounted for 19.64% of the total, including companies like Jizhong Energy and Daqin Railway [6].