基金量化观察：首只中证A500增强策略ETF本周发行

• The report mentions the construction of Enhanced Strategy ETFs, which include various indices such as CSI 1000, CSI 500, CSI 2000, CSI 800, and others. The construction process involves tracking the respective index and applying quantitative strategies to achieve excess returns over the benchmark[27][28][29] - Enhanced Strategy ETFs are evaluated based on their excess returns relative to benchmarks. For example, Tianhong CSI 1000 Enhanced Strategy ETF achieved a 14.71% excess return over the past year, while Industrial Bank CSI 1000 Enhanced Strategy ETF achieved a 4.76% excess return in 2025[28][29] - The report provides specific performance metrics for Enhanced Strategy ETFs. For instance, the weekly excess return for Tianhong CSI 1000 Enhanced Strategy ETF was 1.27%, and for Ping An CSI 2000 Enhanced Strategy ETF, it was 1.43%[29][44] - Enhanced Index Funds such as CSI 500 and CSI 1000 are also highlighted. For example, the CSI 1000 Enhanced Index Fund managed by Bosera achieved a weekly excess return of 1.87%, while the CSI 500 Enhanced Index Fund managed by Shenwan Lingxin achieved a weekly excess return of 0.97%[44][45][47] - The report mentions the upcoming issuance of Enhanced Index Funds, including the SSE STAR Market Composite Index Enhanced Fund and CSI A500 Enhanced Index Fund, which aim to apply quantitative strategies to achieve superior performance[48][49] - Performance testing results for Enhanced Index Funds show that Bosera CSI 1000 Enhanced Index Fund achieved a 17.19% excess return over the past year, while Huaxia CSI 1000 Enhanced Index Fund achieved a 12.07% excess return[45][47] - Enhanced Strategy ETFs are generally positively evaluated for their ability to generate consistent excess returns over benchmarks, with most funds achieving positive excess returns over the past year[28][29][45] - The report highlights the diversity of Enhanced Strategy ETFs, including those tracking indices like CSI 1000, CSI 500, CSI 2000, and STAR Market indices, showcasing their broad applicability across different market segments[27][28][48]