行业、主题ETF合计规模破万亿元，年内增长超77%

Core Insights - The ETF market has seen significant growth in 2023, with industry and thematic ETFs increasing from less than 600 billion yuan at the beginning of the year to over 1 trillion yuan, marking a growth of over 77% [4][5][6] - Investment strategies have shifted, with some investors buying more of underperforming ETFs while others are taking profits from high-performing ones [4][9][10] ETF Market Overview - As of September 30, there are 483 thematic ETFs and 84 industry ETFs, with total assets surpassing 1 trillion yuan [5][6] - The combined scale of these ETFs has increased by 462.77 billion yuan this year, contrasting sharply with the 330 billion yuan increase in broad-based ETFs [5][6] Performance Analysis - 16 industry and thematic ETFs have seen gains exceeding 80% this year, with 150 products yielding over 50% returns [7] - The top-performing ETF, Guotai Chuangye Board AI ETF, has surged by 121.53%, while other notable performers include ETFs focused on communication and gold [7][8] Fund Flow Dynamics - The market has shown a clear trend of "buying the dip," with funds flowing into underperforming ETFs like the coal ETF, which despite a 5.65% decline, saw its scale increase by nearly 300% [9][10] - Conversely, some high-performing ETFs have experienced a decrease in scale, indicating a "take profit" strategy among investors [10] Sector Performance - The top-performing ETFs are primarily in technology sectors such as AI, communication, and chips, while energy and coal ETFs have faced declines [8] - Notably, the performance of the Huatai-PineBridge CSI Innovation Drug ETF was surprising, as it launched mid-September and did not perform as expected [8]