红利低波ETF（512890）近20个交易日逆势吸金15.8亿元 机构热议震荡市配置价值

Core Viewpoint - The market experienced a broad fluctuation with all three major indices closing lower, while the Dividend Low Volatility ETF (512890) rose by 0.60% to 1.171 yuan, leading its category in trading volume [1][7]. ETF Performance - The Dividend Low Volatility ETF (512890) reported a price of 1.171 yuan, with a trading volume of 4.93 billion yuan and a turnover rate of 1.86% [2][4]. - Over the past five trading days, the ETF has seen a net outflow of 380 million yuan, but a net inflow of 1.58 billion yuan over the last 20 days and 3.67 billion yuan over the last 60 days [3][9]. Top Holdings - The top ten holdings of the Dividend Low Volatility ETF showed mixed performance, with notable movements including: - COFCO Sugar down by 1.48% - Nanjing Bank up by 2.14% - Agricultural Bank up by 1.46% [2][8]. Institutional Insights - China Galaxy Securities noted that the spring market rally continues, emphasizing the importance of annual performance forecasts and economic data to support fundamentals, while policy expectations for the "14th Five-Year Plan" may boost market confidence [4][11]. - Cinda Securities highlighted that increased trading volume reflects a recovery in risk appetite, with institutional funds entering the market, suggesting a focus on sectors with price increase expectations and performance support [5][11]. Fund Characteristics - The Dividend Low Volatility ETF (512890) was established on December 19, 2018, with a benchmark of the CSI Dividend Low Volatility Index. As of January 12, 2026, it has achieved a total return of 132.74%, outperforming its benchmark [5][11].