Xin Lang Cai Jing·2025-09-01 06:58Core Insights - The China Securities Index for the gold industry (931238) has seen a strong increase of 7.14% as of September 1, 2025, with notable gains in constituent stocks such as Xiaocheng Technology (300139) up 14.50%, China Gold International (02099) up 11.15%, and Zhongjin Gold (600489) up 10.02 [3][4] Performance Summary - The gold stock ETF (159322) has risen by 9.74%, marking its third consecutive increase, with a latest price of 1.48 yuan. Over the past week, the ETF has accumulated a rise of 7.69% [3] - The gold stock ETF has shown a net value increase of 44.43% over the past year, with the highest single-month return since inception being 16.59% and the longest consecutive monthly increase being 4 months with a total rise of 31.09% [4] - The ETF has a historical one-year profit probability of 100.00%, with an average monthly return of 8.13% during rising months [4] Risk and Return Metrics - The ETF's Sharpe ratio for the past year stands at 1.51, ranking it in the top 33% among comparable funds, indicating higher returns for the same level of risk [4] - Year-to-date, the ETF has experienced a relative drawdown of 3.00% compared to its benchmark, with the fastest recovery time of 7 days among comparable funds [4] Fee Structure - The management fee for the gold stock ETF is 0.50%, while the custody fee is 0.10% [4] Index Composition - The index comprises 50 large-cap companies involved in gold mining, refining, and sales, reflecting the overall performance of the gold industry in mainland China and Hong Kong [4] - The top ten weighted stocks in the index account for 66.52% of the total weight, with major players including Zijin Mining (601899) and Shandong Gold (600547) [5] Top Holdings Performance - The top ten holdings of the gold stock ETF have shown significant price increases, with Zijin Mining at 6.54% and Shandong Gold at 8.33%, contributing to the ETF's overall performance [7]