创历史新高！红利低波ETF（512890）流通规模超260亿元

Core Viewpoint - The market opened high but closed lower on November 11, with the three major indices collectively declining. In contrast, the Dividend Low Volatility ETF (512890) rose by 0.33%, closing at 1.231 yuan, indicating strong investor interest in this ETF despite broader market trends [1]. Fund Performance - The Dividend Low Volatility ETF (512890) achieved a price of 1.231 yuan with a 0.33% increase and a turnover rate of 1.16%, leading its category in trading volume with a half-day transaction amount of 3.01 billion yuan [2][3]. - The ETF has seen significant capital inflows, with a total circulating scale reaching 26.073 billion yuan as of November 10, 2025. Over the past 5, 10, 20, and 60 days, it recorded net capital inflows of 580 million yuan, 910 million yuan, 3.37 billion yuan, and 3.39 billion yuan, respectively, indicating strong medium to long-term investment interest [2][3]. Holdings and Market Sentiment - The top ten holdings of the ETF showed mixed performance, with COFCO Sugar reaching a daily limit up of 9.99%, while other banks experienced slight increases or declines. The overall market sentiment reflects a cautious but optimistic outlook on dividend-paying stocks [3][4]. - The total market value of the top ten holdings amounts to approximately 5.50 billion yuan, representing 27.47% of the ETF's total market value [4]. Industry Insights - Analysts from Huatai Securities express a positive outlook on the allocation value of dividend assets, noting that insurance capital is accelerating its allocation to dividend stocks, with the potential allocation demand for dividend assets estimated between 0.8 trillion to 1.6 trillion yuan over the next two to three years [4]. - The core of dividend investment lies in obtaining stable cash flows, with high-dividend assets typically associated with mature and stable profit-generating companies, offering both defensive and cyclical profit-driving characteristics [4]. Investment Strategy - The Dividend Low Volatility ETF (512890) was established in December 2018 and has shown stable historical performance. It is recommended for investors seeking steady returns through methods like dollar-cost averaging. Investors without stock accounts can also access it through its off-market linked funds [5].