红利板块小幅回调，红利ETF易方达（515180）、红利低波ETF易方达（563020）受资金关注

Core Viewpoint - The dividend sector experienced a slight decline today, with various indices reflecting a decrease in performance, while the E Fund dividend ETFs saw significant net inflows [1][4]. Group 1: Market Performance - The Hang Seng High Dividend Low Volatility Index fell by 0.01%, the CSI Dividend Value Index decreased by 0.1%, and both the CSI Dividend Index and CSI Dividend Low Volatility Index dropped by 0.2% [1]. - E Fund's dividend ETFs, including E Fund Dividend ETF (515180) and E Fund Low Volatility Dividend ETF (563020), received over 100 million yuan in net inflows yesterday [1]. Group 2: Fund Management and Fees - E Fund is currently the only fund company offering all dividend ETFs at a low fee rate of 0.15% per year, which aids investors in low-cost allocation to high-dividend assets [1][5]. - The management fee for E Fund's various dividend ETFs, including the Hang Seng Low Volatility Dividend ETF (159545), is set at 0.15% per year, with a custody fee of 0.05% per year [5]. Group 3: Index Composition - The CSI Dividend Index consists of 100 stocks with high cash dividend yields and stable performance, with banking, coal, and transportation sectors accounting for over 50% of the index [3]. - The CSI Low Volatility Dividend Index is composed of 50 stocks characterized by good liquidity, continuous dividends, and low volatility, with banking, construction, and pharmaceutical sectors making up nearly 65% of the index [3]. - The CSI Dividend Value Index includes 50 stocks with high dividend yields and value characteristics, with banking, construction, and transportation sectors representing over 60% of the index [4].