ETF及指数产品网格策略周报-20250422

Group 1 - The report outlines a grid trading strategy that focuses on profiting from price fluctuations rather than predicting market trends, making it suitable for volatile markets [3][14] - Characteristics of suitable grid trading targets include being exchange-traded, having stable long-term trends, low transaction costs, good liquidity, and high volatility, with equity ETFs being particularly appropriate [3][14] Group 2 - The report highlights the Innovation Drug ETF (159992.SZ), which is expected to benefit from increasing demand due to global aging and supportive government policies, with 48 new innovative drugs approved in 2024 [5][15] - The Chip ETF (159995.SZ) is projected to gain from high industry prosperity, domestic substitution, and policy incentives, with a significant investment fund of 344 billion RMB established to support semiconductor development [6][18] - The Tourism ETF (159766.SZ) is positioned to capitalize on the recovery of domestic and international tourism, supported by government measures to boost tourism consumption and a notable increase in travel activity during the Qingming holiday [7][20] - The A500 Index ETF (159351.SZ) aligns with China's strategy of self-sufficiency and innovation, focusing on key sectors like electronics and defense, with a current PE-TTM of 14.08, indicating valuation attractiveness [8][23] Group 3 - The report suggests that investors can enhance returns by diversifying their grid trading strategy across different ETFs with low correlation, such as combining broad-based and sector-specific ETFs [27] - A table of additional ETFs suitable for grid trading is provided, including various categories and investment scopes, indicating a broad range of options for investors [28][30]