“小盘双星”盘中双双净流入！招商1000ETF增强、中证2000增强ETF受热捧

Core Viewpoint - Recent discussions in the market highlight the strong performance of two enhanced ETFs under China Merchants Fund, particularly in the context of small-cap stock allocation value [1] Group 1: ETF Performance - The two ETFs, the 1000ETF Enhanced (159680) and the CSI 2000 Enhanced ETF (159552), recorded net inflows on August 13, indicating robust investor interest [1] - The CSI 2000 Enhanced ETF has achieved a return exceeding 40% this year, while the 1000ETF Enhanced has surpassed 20%, both significantly outperforming their benchmark indices [1] Group 2: Market Analysis - The sustained popularity of small-cap stocks is attributed to four main factors: 1. Increased market risk appetite, highlighting the high growth elasticity of small and mid-cap stocks 2. Current valuation levels not reaching historical highs, indicating continued allocation value 3. The effectiveness of quantitative enhancement strategies, with both ETFs outperforming their benchmarks quarterly since inception 4. Continuous net inflows leading to scale effects and liquidity advantages [1] Group 3: External Factors - Industry experts note that while potential interest rate cuts by the Federal Reserve in Q3 may favor growth styles, investors should remain cautious of the uncertainties in the external environment and the already high short-term gains in small-cap stocks [1]