走出了避险资产的味道？1000ETF增强(159680)、中证2000增强ETF(159552)联袂三连涨再创史高！

Core Viewpoint - The recent stock market performance shows a significant strength in small-cap stocks compared to large-cap stocks, driven by various factors including liquidity expectations and policy support [1] Group 1: Market Performance - On August 19, the Shanghai Composite Index fell by 0.02%, while the CSI 300 and CSI 500 also experienced declines [1] - Small-cap stocks showed resilience, with the 1000 ETF Enhanced (159680) and the CSI 2000 Enhanced ETF (159552) achieving three consecutive days of gains, reaching historical highs [1] Group 2: Driving Factors - Analysts attribute the strong performance of small-cap stocks to three main factors: 1. Expectations of domestic and international liquidity easing, with a weaker dollar encouraging foreign capital inflow into A-shares, benefiting small-cap stocks [1] 2. Strengthened narratives in technology and other industries, with clear policy directions leading to sustained capital inflow [1] 3. A general market uptrend raising the overall market baseline, with policy expectations catalyzing a rebound in low-priced stocks [1] Group 3: Risks and Considerations - Despite the positive trends, there are concerns regarding the rapid increase in valuations, which may accumulate risks, necessitating attention to the divergence between fundamentals and market performance [1]