同标的份额最大的红利低波ETF天弘（159549），近3日“吸金”超7000万元居同标的第一，机构：红利风格已逐步“抬头”

Core Viewpoint - The recent performance of the Tianhong Dividend Low Volatility ETF (159549) indicates a growing interest in dividend-paying, low-volatility assets amid a declining interest rate environment in China, with significant inflows and a strong dividend yield compared to government bonds [1][2]. Group 1: ETF Performance - As of October 24, the Tianhong Dividend Low Volatility ETF (159549) closed up 0.25%, with constituent stocks such as Tebian Electric Apparatus and Agricultural Bank of China rising over 2% [1]. - The fund has a total of 3.331 billion shares, leading among similar products, and has seen an increase in shares for 19 out of the last 20 days [1]. - In terms of net capital flow, the ETF has recorded net inflows on 12 out of the last 20 days, accumulating nearly 240 million yuan, with over 70 million yuan in the last three days alone [1]. Group 2: Market Context - Analysts suggest that the recent rise in dividend indices is a response to external market fluctuations, with investors rebalancing portfolios due to risk aversion and profit-taking in growth sectors [2]. - The A-share market is currently experiencing a phase of reduced trading volume and volatility due to macroeconomic uncertainties, but there remains a limited pullback in investor sentiment, indicating potential opportunities for defensive dividend sectors [2].