红利风向标｜2026年或仍是流动性趋升行情，关注科技与红利两大赛道

Group 1 - The latest dividend yield for the S&P A-share Dividend ETF is 4.85% [1] - The S&P A-share Dividend ETF has shown a one-year return of 18.31% and a year-to-date return of 1.09% [1] - The Shanghai Composite Index has increased by 25.28% over the past year [1] Group 2 - The latest dividend yield for the Hong Kong Stock Connect Low Volatility Dividend ETF is 5.51% [1] - The one-year return for the Hong Kong Stock Connect Low Volatility Dividend ETF is 11.94% [2] - The annualized volatility for the Hong Kong Stock Connect Low Volatility Dividend ETF is 23.21% [2] Group 3 - The A500 Low Volatility Dividend ETF has a one-year return of 3.85% and a year-to-date return of 0.15% [2] - The annualized volatility for the A500 Low Volatility Dividend ETF is 8.70% [2] - The index tracks the China A500 Low Volatility Dividend Index [2] Group 4 - The 800 Low Volatility Dividend ETF focuses on large and mid-cap stocks with a quarterly assessable dividend [2] - The one-year return for the 800 Low Volatility Dividend ETF is 8.58% [2] - The annualized volatility for the 800 Low Volatility Dividend ETF is -0.04% [2] Group 5 - The 300 Cash Flow ETF tracks the CSI 300 Free Cash Flow Index and has a one-year return of 9.83% [7] - The annualized volatility for the 300 Cash Flow ETF is 0.06% [7] - The index excludes financials and real estate, focusing on large-cap "cash cow" stocks [7]