红利国企ETF（510720）近20日净流入超4.8亿元，把握防御性板块配置价值，关注连续分红19个月的红利国企ETF

Core Viewpoint - The recent inflow of over 480 million yuan into the Dividend State-Owned Enterprise ETF (510720) highlights the value of defensive sector allocation, particularly as the ETF has maintained monthly dividends for 19 consecutive months [1] Group 1: Market Context - The current market lacks a clear main theme, with defensive sectors and certain cyclical varieties showing resilience [1] - Market sentiment is weak, and as the year-end approaches, there is a prevalent cautious attitude among investors, leading to insufficient trading volume that limits upward movement [1] Group 2: ETF Characteristics - The Dividend State-Owned Enterprise ETF (510720) tracks the State-Owned Dividend Index (000151), which selects stocks with high dividend characteristics, stable dividend performance, and good liquidity, primarily covering traditional sectors such as finance, energy, and industry [1] - The ETF is noted for its consistent monthly dividends since its launch, making it one of the few ETFs in the market to achieve this for 19 months [1] Group 3: Investment Strategy - It is recommended to maintain a balanced allocation between technology and dividend stocks to hedge against rotation risks in the market [1]