国债ETF5至10年(511020)昨日官宣降费，近23个交易日净流入6170.98万元

Core Viewpoint - The 5-10 Year Government Bond ETF has shown a slight increase in value and stable liquidity, indicating a positive trend in the bond market as of July 16, 2025 [1][3]. Group 1: Performance Metrics - As of July 16, 2025, the 5-10 Year Government Bond ETF has increased by 0.12% this month, with a current price of 117.58 yuan [1]. - The ETF has achieved a net value increase of 21.15% over the past five years [3]. - The highest monthly return since inception was 2.58%, with the longest consecutive monthly gain being 10 months and a maximum gain of 5.81% [3]. Group 2: Liquidity and Trading Activity - The ETF recorded a turnover rate of 0.75% with a transaction volume of 11.182 million yuan on July 16, 2025 [3]. - The average daily trading volume over the past month was 6.92 billion yuan [3]. - The total fund size of the ETF reached 1.494 billion yuan [3]. Group 3: Risk and Return Analysis - The ETF has a year-to-date maximum drawdown of 2.15%, with a relative benchmark drawdown of 0.59% [3]. - The Sharpe ratio over the past two years is reported at 1.21, indicating a favorable risk-adjusted return [3]. - The monthly profitability probability stands at 72.70%, with a historical three-year holding profitability probability of 100% [3]. Group 4: Tracking Accuracy - The tracking error for the ETF over the past month is 0.024%, demonstrating its close alignment with the underlying index [4]. - The ETF closely follows the China Securities 5-10 Year Government Bond Active Bond Index, which includes bonds with maturities of 5, 7, and 10 years [4].