通信电新回暖，大湾区ETF(512970)的投资机会受关注

Core Viewpoint - The Zhongzheng Guangdong-Hong Kong-Macao Greater Bay Area Development Theme Index has shown strong performance, with significant increases in constituent stocks and the Greater Bay Area ETF, indicating positive market sentiment and investment opportunities in the region [1][2]. Performance Summary - As of October 21, 2025, the Greater Bay Area Development Theme Index rose by 1.52%, with key stocks such as Vision Shares (up 7.33%) and Luxshare Precision (up 6.39%) leading the gains [1]. - The Greater Bay Area ETF (512970) increased by 1.09%, reaching a latest price of 1.48 yuan, and has seen a cumulative increase of 14.81% over the past three months [1]. - Over the past two years, the net value of the Greater Bay Area ETF has risen by 40.86%, with a maximum monthly return of 21.99% since inception [1]. Liquidity and Trading Activity - The Greater Bay Area ETF had a turnover rate of 0.01% during the trading session, with a total transaction value of 7967.20 yuan [1]. - The average daily trading volume over the past month was 457,900 yuan [1]. Risk and Return Metrics - The maximum drawdown for the Greater Bay Area ETF over the past six months was 6.86%, with a relative benchmark drawdown of 0.17% [2]. - The ETF's management fee is 0.15%, and the custody fee is 0.05% [2]. - The Sharpe ratio for the ETF over the past year was 1.13, indicating a favorable risk-adjusted return [1]. Tracking Accuracy - The tracking error for the Greater Bay Area ETF over the past month was 0.016%, demonstrating its close alignment with the Zhongzheng Guangdong-Hong Kong-Macao Greater Bay Area Development Theme Index [3]. Top Holdings - As of September 30, 2025, the top ten weighted stocks in the Zhongzheng Guangdong-Hong Kong-Macao Greater Bay Area Development Theme Index accounted for 48.8% of the index, with Luxshare Precision and BYD being the top two [4][6].