红利国企ETF（510720）飘红，市场关注低估值防御属性

Group 1 - The core viewpoint of the article highlights the increasing interest of insurance funds in the equity market, particularly in high-dividend stocks, amid an asset shortage environment, with an expected influx of approximately 600 billion yuan by 2026 [1] - Since 2019, insurance institutions have placed greater emphasis on dividend stocks, prioritizing sectors such as public utilities, transportation, and telecommunications for investment [1] - The current allocation of insurance funds is primarily in banking (highest proportion), public utilities, and real estate, with increasing allocations in transportation and telecommunications sectors [1] Group 2 - The Hongli State-Owned Enterprise ETF (510720) tracks the Shangguo Dividend Index (000151), which selects high-dividend capable companies with stable dividend records across various industries, focusing on traditional high-dividend sectors [1] - The index employs a strict evaluation of constituent stocks based on dividend yield and sustainability, utilizing a cross-industry diversification strategy to effectively manage investment risks [1] - The Hongli State-Owned Enterprise ETF has successfully distributed dividends monthly since its listing, achieving a continuous dividend distribution for 20 months [1]