红利板块震荡调整，红利低波ETF易方达（563020）、恒生红利低波ETF易方达（159545）等产品受关注

Group 1 - The core indices related to dividend stocks, including the CSI Dividend Low Volatility Index, CSI Dividend Index, and CSI Dividend Value Index, experienced declines of 0.2%, 0.3%, and 0.4% respectively, while the Hang Seng High Dividend Low Volatility Index fell by 0.9% [1][5][7] - The E Fund's dividend low volatility ETFs, including the E Fund Hang Seng Dividend Low Volatility ETF (159545) and the E Fund Dividend Low Volatility ETF (563020), saw net inflows of 55 million yuan and 110 million yuan respectively over the first two trading days after the holiday [1] - E Fund is currently the only fund company that implements low fee rates for all its dividend ETFs, with a management fee rate of 0.15% per year for its products, which helps investors to allocate high dividend assets at a low cost [1] Group 2 - The CSI Dividend Low Volatility Index is composed of 50 stocks that have good liquidity, continuous dividends, moderate dividend payout ratios, positive growth in earnings per share, and low volatility, reflecting the overall performance of A-share listed companies with high dividend levels and low volatility [3] - The Hang Seng Dividend Low Volatility ETF tracks an index made up of 50 stocks within the Hong Kong Stock Connect that also exhibit good liquidity, continuous dividends, moderate dividend payout ratios, and low volatility, with financial, industrial, and energy sectors accounting for over 65% of the index [5]