风格 Smart beta 组合跟踪周报：（2025.10.27-2025.10.31）-20251104

• The report focuses on the performance of various Smart beta portfolios, specifically the Value 50, Value Balanced 50, Growth 50, Growth Balanced 50, Small Cap 50, and Small Cap Balanced 50 portfolios[4][6] - The Value Balanced 50 portfolio outperformed last week with a weekly return of 2.28%, generating an excess return of 2.13% relative to the China Securities Value Index[1][4] - The Growth Balanced 50 portfolio achieved a weekly return of 1.52% last week, with an annual return of 31.07% year-to-date[4][6] - The Small Cap 50 portfolio had a negative weekly return of -0.21% last week, but it has an impressive annual return of 45.27% year-to-date[4][6] - The Small Cap Balanced 50 portfolio also had a negative weekly return of -0.50% last week, with an annual return of 41.50% year-to-date[4][6] - The report includes detailed performance metrics such as absolute returns, excess returns, and maximum relative drawdowns for each portfolio[7] - The Value 50 portfolio had a weekly return of 0.55% and an annual return of 16.22% year-to-date[4][7] - The Growth 50 portfolio had a weekly return of 0.08% and an annual return of 26.74% year-to-date[4][7] - The report provides visual representations of the weekly, monthly, and year-to-date performance of each portfolio[8][17][24]