Core Viewpoint - The recent market trends indicate a potential shift in investment styles and sectors, particularly as macroeconomic events unfold and companies report their quarterly earnings, leading to a possible structural adjustment in the A-share market [7]. Group 1: Dividend ETFs Performance - The latest dividend yield for the SPDR S&P China A-Share Dividend Opportunities Index ETF is 4.85% [1]. - The SPDR S&P Hong Kong Stock Connect Low Volatility Dividend Index ETF shows a year-to-date performance of 12.29% and a recent annualized volatility of 24.5% [2]. - The CSI 300 Free Cash Flow Index ETF has a recent annualized volatility of 7.75% and a one-month performance of -2.78% [3]. Group 2: Market Trends and Sector Allocation - The electronic sector's allocation in funds has exceeded 25%, with the innovation and entrepreneurship board exceeding 40%, marking the highest levels since 2010 [7]. - Growth style investments have surpassed 60%, indicating a significant trend towards growth-oriented sectors [7]. - Seasonal effects suggest that dividend styles may outperform as year-end profit-taking occurs [7].
红利风向标 | 震荡市场关注获得感，年末红利策略展现配置价值
Xin Lang Cai Jing·2025-12-12 01:26