军工股大幅回调，航空航天ETF（159227）成交破2亿，居同类第一

Group 1 - The A-share market experienced a collective decline on August 14, with the aerospace and defense sector seeing significant drops, particularly the aerospace ETF (159227) which fell by 2.14% and had a trading volume of 213 million yuan, leading its category [1] - The importance of air power in modern warfare has increased, making aerospace equipment a key focus for military construction across nations, with high technical barriers and significant value in the military industrial chain [1] - The upcoming military parade on September 3, combined with the conclusion of the 14th Five-Year Plan, has heightened interest in the aerospace sector, with expectations for a surge in market activity leading up to the event [1] Group 2 - The aerospace ETF (159227) tracks the Guozheng Aerospace Index, which has a high concentration of 97.86% in the primary military industry, focusing on aerospace capabilities and covering a full range of industry leaders in combat aircraft, transport aircraft, helicopters, engines, missiles, satellites, and radar [2] - From July 31, 2024, to July 31, 2025, the Guozheng Aerospace Index is projected to yield a return of 37.28%, outperforming the Zhongzheng National Defense Index (33.06%), Zhongzheng Military Industry Index (30.4%), and Military Leaders Index (26.78%) [2]