榜单｜易方达垫底 2025年QDII基金业绩倒数榜

Core Viewpoint - The performance of QDII funds in 2025 has been disappointing, with many funds failing to achieve positive returns, particularly those focused on energy, real estate, and Middle Eastern markets [2][3][4]. Group 1: QDII Fund Performance - A total of 43 QDII funds have underperformed the market this year, with the E Fund Oil (QDII-LOF-FOF) C (RMB) recording the lowest return at -14.03% [2][3]. - Other poorly performing funds include Southern Oil LOF (-11.65%), Huatai-PB Saudi ETF (-11.64%), and Saudi ETF (-11.39%), all reflecting significant declines due to international oil price trends and geopolitical issues in the Middle East [2][3][4]. Group 2: Industry and Market Analysis - The energy sector has faced severe adjustments in 2025, with lower-than-expected oil demand due to sluggish global economic recovery and accelerated energy transition, leading to a downward trend in Brent and WTI oil prices [3][8]. - The Saudi stock market has been negatively impacted by a slowdown in domestic economic transformation and foreign capital outflows, resulting in a weak MSCI Saudi Index and declining net asset values for related ETFs [3][8]. - Real estate-focused QDII funds have also struggled, with Penghua US Real Estate (QDII) RMB at -11.28% and Northern Global Income Real Estate (QDII) at -9.52%, primarily due to high financing costs and valuation pressures from the Federal Reserve's sustained high interest rates [3][8]. Group 3: Investment Strategy Recommendations - Investors are advised to avoid excessive concentration in single countries or industries when allocating QDII funds and to prioritize products with strong management research capabilities and robust risk control mechanisms [4][9]. - Implementing strategies such as dollar-cost averaging is recommended to smooth out volatility rather than making large, one-time investments [4][9].