军工板块逆市走强，航空航天ETF（159227）连续7日净流入，成交额居同类第一

Core Viewpoint - The aerospace ETF (159227.SZ) has shown strong performance with significant inflows and growth in scale, indicating a robust interest in the military industry amidst a stabilizing market environment [1][2]. Group 1: Market Performance - As of October 28, 2025, all three major A-share indices experienced declines, with the Shanghai Composite Index down 0.31%, the Shenzhen Component Index down 0.45%, and the ChiNext Index down 0.05% [1]. - The aerospace ETF rose by 1.12%, reaching a latest price of 1.17 yuan, with a trading volume of 202 million yuan, marking it as the top performer among similar ETFs [1]. - The ETF's turnover rate was 13.16%, indicating high trading activity [1]. Group 2: Fund Flows and Scale - The aerospace ETF saw a scale increase of 270 million yuan over the past week, reaching a new high of 1.573 billion yuan as of October 27, 2025, making it the largest in its category [1]. - The ETF has recorded net inflows for seven consecutive trading days, with a peak single-day net inflow of 138 million yuan, totaling 261 million yuan in net inflows [1]. - As of October 27, 2025, the ETF's shares reached 1.316 billion, also a new high since its launch [1]. Group 3: Industry Insights - The aerospace ETF closely tracks the Guozheng Aerospace Index, with a high concentration of 98.2% in the military industry, covering key sectors such as aerospace equipment, satellite navigation, and new materials [2]. - The ETF's index weight is primarily focused on defense, automotive, and machinery sectors, with significant allocations in sub-sectors like aerospace equipment and military electronics [2]. - According to Jianghai Securities, the military sector is entering a stabilization and rebound phase, with increasing investment value due to the upcoming "14th Five-Year Plan" conclusion and ongoing geopolitical tensions [2].