5-15年国债换手率上升，国债ETF5至10年(511020)交投活跃

Group 1: Bond Market Activity - The turnover rate for government bonds with maturities under 3 years, between 5-15 years, and over 30 years has increased, while other maturities have seen a decline [1] - The turnover rate for policy bank bonds in the 10-15 year maturity range has risen, with other maturities experiencing slight decreases [1] - Local government bonds with maturities of 3-5 years, 5-7 years, and 10-15 years have also seen increased turnover rates, while other maturities have declined [1] Group 2: ETF Performance and Liquidity - The government bond ETF for 5-10 years (511020) has increased by 0.10%, with a latest price of 117.56 yuan, and has accumulated a 5.10% increase over the past year [1][3] - The trading volume for the 5-10 year government bond ETF reached 10.63 billion yuan, indicating active market trading [3] - The latest scale of the 5-10 year government bond ETF is 1.493 billion yuan, with a net outflow of 1.7616 million yuan recently [3] Group 3: Historical Performance Metrics - The 5-10 year government bond ETF has seen a net value increase of 21.64% over the past 5 years, with a maximum monthly return of 2.58% since inception [3] - The ETF has a historical profitability rate of 100.00% over 3 years, with a monthly profitability probability of 72.66% [3] - The maximum drawdown for the ETF this year is 2.15%, with a relative benchmark drawdown of 0.59% [3] Group 4: Tracking Accuracy - The tracking error for the 5-10 year government bond ETF over the past month is 0.017%, closely following the CSI 5-10 Year Government Bond Active Index [4] - The index samples bonds with maturities of 5, 7, and 10 years, reflecting the overall performance of these active government bonds [4]