红利低波50ETF(515450)近19日资金净流入超8.5亿元，最新规模、份额均创近3月新高，机构：关注高股息红利板块的防御性价值

Group 1 - The core viewpoint of the news highlights the performance and potential of the Dividend Low Volatility 50 ETF (515450), which has shown a recent upward trend and significant net inflows, indicating strong investor interest [1][2] - As of December 2, the latest scale of the Dividend Low Volatility 50 ETF reached 13.937 billion yuan, with a total of 9.549 billion shares, both hitting new highs in the past three months [1] - The ETF has experienced continuous net inflows over the past 19 days, totaling 0.852 billion yuan, reflecting a positive sentiment towards high dividend stocks [1] Group 2 - Huatai Securities notes that the market's risk appetite has declined, with the current All A ERP near the five-year rolling average, while high dividend sectors, particularly banks and oil, have performed relatively well [1] - Looking ahead to December, Huatai Securities suggests that the market risk appetite may recover, and the configuration value of high dividend sectors remains attractive despite a marginal decline compared to November [1] - China Galaxy Securities indicates that the A-share market is in a consolidation phase with rapid sector rotation, and institutions are preparing for next year's economic outlook, focusing on themes like "anti-involution" and dividends [2]