量化基金周度跟踪（20250512-20250516）：A股表现分化，量化基金整体收涨、超额回升-20250517

Report Industry Investment Rating No relevant content provided. Core View of the Report From May 12th to May 16th, 2025, the A-share market showed divergence, while quantitative funds as a whole recorded gains and their excess returns rebounded. The main stock indices also showed divergence, with the one-week returns of CSI 300, CSI 500, and CSI 1000 being 1.12%, -0.10%, and -0.23% respectively. All types of quantitative funds had positive average returns this week, with active quantitative funds rising 0.60% and market-neutral funds rising 0.11%. The excess returns of index-enhanced funds rebounded, and the average excess returns of CSI 500 index-enhanced and CSI 1000 index-enhanced funds were relatively high, at 0.40% and 0.26% respectively [2][6][8]. Summary by Relevant Catalog 1. Performance of Major Indices and Quantitative Funds in the Past Week - The A-share market showed divergence, and quantitative funds as a whole recorded gains and their excess returns rebounded. The one-week returns of CSI 300, CSI 500, and CSI 1000 were 1.12%, -0.10%, and -0.23% respectively [6]. - All types of quantitative funds had positive average returns this week, with active quantitative funds rising 0.60% and market-neutral funds rising 0.11%. The excess returns of index-enhanced funds rebounded, and the average excess returns of CSI 500 index-enhanced and CSI 1000 index-enhanced funds were relatively high, at 0.40% and 0.26% respectively [8]. 2. Performance of Different Types of Public Quantitative Funds - CSI 300 Index-Enhanced Funds: The one-week return was 1.16%, the excess return was 0.04%, the maximum drawdown was -1.20%, the excess maximum drawdown was -0.24%, and the excess return dispersion was 0.26% [12]. - CSI 500 Index-Enhanced Funds: The one-week return was 0.30%, the excess return was 0.40%, the maximum drawdown was -1.17%, the excess maximum drawdown was -0.14%, and the excess return dispersion was 0.23% [12]. - CSI 1000 Index-Enhanced Funds: The one-week return was 0.04%, the excess return was 0.26%, the maximum drawdown was -1.47%, the excess maximum drawdown was -0.26%, and the excess return dispersion was 0.24% [13]. - Other Index-Enhanced Funds: The one-week return was 0.53%, the excess return was -0.02%, the maximum drawdown was -1.47%, the excess maximum drawdown was -0.32%, and the excess return dispersion was 0.41% [13]. - Active Quantitative Funds: The one-week return was 0.60%, the maximum drawdown was -1.10%, and the return dispersion was 0.63% [14]. - Market-Neutral Funds: The one-week return was 0.11%, the maximum drawdown was -0.21%, and the return dispersion was 0.22% [14]. 3. Performance Distribution of Different Types of Public Quantitative Funds - The report shows the six-month performance trends and the one-week and one-year performance distribution of different types of public quantitative funds, with index-enhanced funds showing excess return performance [15]. 4. High-Performing Public Quantitative Funds - CSI 300 Index-Enhanced High-Performing Funds: Include funds such as FURONG CSI 300 Index Enhancement and HUAXIA CSI 300 Index Enhancement Strategy ETF [29]. - CSI 500 Index-Enhanced High-Performing Funds: Include funds such as PINGAN CSI 500 Index Enhancement and CHANGXIN CSI 500 Index Enhancement [30]. - CSI 1000 Index-Enhanced High-Performing Funds: Include funds such as GUOLIANAN CSI 1000 Index Enhancement and TIANHONG CSI 1000 Enhancement Strategy ETF [31]. - Other Index-Enhanced High-Performing Funds: Include funds such as ZHAOSHANG CSI 2000 Enhancement Strategy ETF and YONGYING SSE STAR MARKET 100 Index Enhancement [32]. - Active Quantitative High-Performing Funds: Include funds such as PINGAN HK STOCK CONNECT DIVIDEND PREFERRED and NUODE NEW ENERGY VEHICLE [33]. - Market-Neutral High-Performing Funds: Include funds such as DACHENG ABSOLUTE RETURN and DEBANG QUANTITATIVE HEDGING STRATEGY [34].