ETF及指数产品网格策略周报（2025/8/19）

Core Viewpoint - The article discusses various ETF strategies and highlights specific ETFs that are expected to benefit from current economic conditions and government policies in China and the U.S. [3][5][7] Group 1: U.S. Economic Impact on ETFs - The S&P Consumer ETF (159529.SZ) is influenced by weakening U.S. economic data, cooling inflation expectations, and political factors, with suggestions for a potential 50 basis point rate cut by the Federal Reserve in September [3][5] - The extension of tariff suspension on China by U.S. President Trump is expected to mitigate the impact of new tariffs on U.S. consumer prices and spending [3] Group 2: Domestic Policy Support for ETFs - The Xinchuang ETF (562570.SH) is set to benefit from a 1 trillion yuan investment in over 8,400 projects across various sectors, including electronics and energy equipment, as part of a government initiative to support domestic industries [5][6] - The ETF tracks the Zhongzheng Xinchuang Index, focusing on the domestic replacement of chips, hardware, software, and servers, which aligns with national security and industrial safety goals [5] Group 3: New Economic Growth and ETFs - The New Economy ETF (159822.SZ) aligns with the government's focus on developing new productive forces and promoting technology and industrial innovation [7][8] - This ETF indirectly tracks the S&P China New Economy Industry Index, investing in leading companies across high-growth sectors such as internet technology, consumer upgrades, healthcare, and fintech [7]