ETF日报 | 板块轮动加速！哪些相关ETF可能迎来补涨机遇？

Group 1: Non-ferrous Metals - The public fund's holding ratio in the non-ferrous metals sector reached 5.69% in Q3 2025, an increase of 1.43% from the previous quarter, marking a new high since 2021 [2] - Citic Securities anticipates that supply tightness will drive prices of copper and cobalt higher, while lithium prices are expected to rise due to unexpected demand in energy storage [2] - The Rare Metals ETF (159608) focusing on rare metals like rare earths and lithium saw a daily increase of 2.28% [2] Group 2: Oil and Petrochemicals - The "Regulations on the Planning, Construction, and Operation Management of Oil and Natural Gas Infrastructure" will take effect on January 1, 2026, emphasizing the need for natural gas reserves and a refined gas storage market mechanism [3] - Ping An Securities notes that the ongoing conflict between Russia and Ukraine, along with the uncertain future of U.S. economic policies, provides short-term support for oil prices [3] - The Energy ETF (159945), which tracks the CSI All-Share Energy Index, increased by 1.58% [3] Group 3: Defense and Military Industry - Public fund holdings in the defense and military sector have been increasing, but the allocation ratio is close to the industry standard, with the overweight ratio at a five-year low [4] - Dongwu Securities suggests that as the 14th Five-Year Plan approaches, the clarity in military development direction may lead to a rebound in allocation ratios [4] - The leading military ETF (512680) has attracted a total of 139 million yuan over five consecutive days [4] Group 4: Media - China Galaxy Securities believes that the ongoing iteration of foundational large models in AI has established a technical basis for development, indicating transformative impacts across various industries [6] - The largest media ETF (512980) currently has a scale of 2.845 billion yuan [6] Group 5: Nasdaq - Dongwu Securities indicates that the mid-term trend of the Nasdaq index remains upward, supported by the AI industry revolution, despite short-term volatility due to uncertainties in U.S. economic policies [7] - The Nasdaq ETF (159941), representing the core of global tech innovation, has a scale of 29.399 billion yuan, leading among similar products [7]