百亿级行业主题ETF数量激增

Core Insights - The commercial aerospace, semiconductor equipment, and non-ferrous metals sectors have sparked a theme investment boom since the beginning of 2026, with industry-themed ETFs becoming a key choice for capital allocation due to their transparency and convenience [1][2] - As of January 9, 2026, the number of domestic stock ETFs with a scale exceeding 10 billion yuan has expanded to 65, with a notable increase of 7 new funds in just one month [1][2] - The trend shows a decline in the share of broad-based ETFs in the A-share market while the share of industry-themed ETFs continues to grow, indicating a shift in market sentiment and investor preferences [1][5] Fund Performance - The satellite ETF from Yongying Fund has surged over 50% in the past month, with a net inflow of over 6.7 billion yuan, growing from 2.395 billion yuan to 11.769 billion yuan in size [2] - Other ETFs, including the semiconductor equipment ETF from Guotai Fund and the industrial non-ferrous ETF from Wanjia Fund, have also seen significant growth, with increases of over 20% in the same period [2] - The overall landscape shows a strong presence of 10 billion yuan-level ETFs in sectors such as securities, dividends, robotics, pharmaceuticals, non-ferrous metals, and military industry [2][3] Fund Management Strategies - Fund managers are increasingly focusing on strategic positioning in industry-themed ETFs, leveraging structural market trends to enhance their product offerings [3][4] - Leading firms have established a competitive advantage through a broad product line in industry-themed ETFs, with many achieving significant scale [3][4] - Recent successful launches include the gold stock ETF and the satellite ETF, which have quickly reached the 10 billion yuan mark, reflecting effective market positioning and timely product development [4] Market Trends - The total scale of domestic ETFs has stabilized at 6 trillion yuan, with a noticeable trend of capital inflow into industry-themed ETFs while broad-based ETFs experience outflows [5] - This shift in investor behavior is closely tied to market sentiment, where optimistic conditions lead to increased interest in high-risk industry-themed ETFs, while uncertain conditions drive a preference for more balanced broad-based ETFs [5] - Future opportunities for fund managers lie in providing more refined investment tools, including ETFs that cover specific niche industries and the increasing number of Smart Beta or enhanced index ETFs [5]