红利板块早盘延续涨势，关注红利ETF易方达（515180）、红利低波动ETF（563020）等配置价值

Core Viewpoint - The dividend sector continues to show strong performance, with significant inflows into related products, indicating growing investor interest in dividend stocks amid low interest rates [1][7]. Group 1: Market Performance - As of the midday close, the CSI Dividend Value Index rose by 1.9%, the CSI Dividend Low Volatility Index increased by 1.5%, and the CSI Dividend Index was up by 1.2% [1]. - The Hang Seng High Dividend Low Volatility Index saw a rise of 0.6% [1]. - Over the past five trading days, the E Fund Dividend ETF (515180) and the Dividend Low Volatility ETF (563020) experienced net inflows of 330 million yuan and 110 million yuan, respectively [1]. Group 2: Long-term Investment Perspective - Long-term analysis by Changjiang Securities suggests that the dividend sector holds greater allocation value during low interest rate periods [1]. - The excess returns of the dividend sector are negatively correlated with government bond yields, with the current ten-year government bond yield at its lowest since 2002, indicating an opening of price space for dividend assets [1].