阅兵将实现多个“首次”！国防ETF(512670)交投活跃

Group 1 - The upcoming military parade will feature multiple "firsts," with a significant proportion of new domestic military equipment being showcased for the first time [1] - The air force formation will include all current main battle aircraft types, highlighting several key equipment that have garnered public attention [1] - As of August 20, 2025, the CSI Defense Index (399973) shows mixed performance among its constituent stocks, with Steel Research High-tech (300034) leading with a 3.06% increase [1] Group 2 - Historical analysis since the 18th National Congress in 2012 indicates that "parade market trends" typically begin 1-2 months prior to the event, with military industry indices rising in the two months leading up to previous parades [1] - The strength of the military "parade market" is influenced by overall market conditions, risk appetite, and the scale of the parade, with the 2015 "Nine-Three Parade" yielding an 84% excess return due to its large scale and strong market rebound [1] - The military sector may face short-term adjustment pressure post-parade, but long-term trends will be driven by the fundamentals of the military industry [1] Group 3 - The Defense ETF closely tracks the CSI Defense Index, which includes listed companies under the ten major military groups and those providing equipment to the armed forces [2] - As of July 31, 2025, the top ten weighted stocks in the CSI Defense Index account for 43.88% of the index, with notable companies including AVIC Shenyang Aircraft (600760) and AVIC Engine (600893) [2] - The Defense ETF has the lowest management and custody fees among its peers at 0.40%, making it the only one in its category [2]