红利资产备受市场关注，红利低波100ETF(159307)连续3天获资金净流入，最新规模、份额均创新高

Core Viewpoint - The performance of the Zhongzheng Dividend Low Volatility 100 Index and its corresponding ETF reflects a stable investment opportunity amid shifting market preferences towards equity assets due to declining risk-free interest rates and increasing demand for stable returns [2][3][4]. Group 1: ETF Performance - As of July 28, 2025, the Zhongzheng Dividend Low Volatility 100 ETF has seen a net value increase of 20.03% over the past year, ranking first among comparable funds [4]. - The ETF's one-month cumulative return is 4.12%, with a recent price of 1.08 yuan, down 0.37% [2]. - The ETF's maximum drawdown this year is 6.18%, indicating relatively low risk compared to its benchmark [4]. Group 2: Fund Flows and Liquidity - The ETF has experienced continuous net inflows over the past three days, totaling 47.02 million yuan, with a peak single-day inflow of 21.76 million yuan [3]. - The trading volume of the ETF reached 15.55 million yuan, with a turnover rate of 1.43% [2]. - The ETF's latest scale reached 1.093 billion yuan, marking a one-year high [3]. Group 3: Investment Strategy and Market Outlook - The current market environment, characterized by improved risk appetite and a shift of funds from bonds to equities, has led to increased interest in dividend assets due to their stable cash flow and defensive attributes [2]. - The coal sector is expected to see new opportunities due to recovering coal prices and supportive supply-side policies, with recommendations for undervalued mid-cap companies [3]. - The ETF's strategy focuses on high dividend yield and low volatility stocks, with the top ten holdings accounting for 20.14% of the index [5].