没有股票账户的投资者可关注国泰中证A500ETF发起联接A（022448），国泰中证A500ETF发起联 接C（022449）。 注：如提及个股仅供参考，不代表投资建议。指数/基金短期涨跌幅及历史表现仅供分析参考，不 预示未来表现。市场观点随市场环境变化而变动，不构成任何投资建议或承诺。文中提及指数仅供参 考，不构成任何投资建议，也不构成对基金业绩的预测和保证。如需购买相关基金产品，请选择与风险 等级相匹配的产品。基金有风险，投资需谨慎。 每日经济新闻 （责任编辑：董萍萍 ） 中证A500ETF（159338）上一交易日净流入超0.7亿元，宽基化趋势或成资金配置主流。 华安证券指出，全球股票型ETF呈现宽基化趋势，美国、日本及我国A股市场的宽基类ETF占比持 续提升，日本股票型宽基ETF占比超过95%。资金面看，近年来，A股ETF资金更多流向宽基类产品， 如跟踪中证A500的ETF规模显著增加。 中证A500ETF（159338）跟踪的是中证A500指数（000510），该指数由中证指数有限公司编制。 指数全面覆盖多行业领域，整体风格侧重成长属性，旨在反映中国A股市场中等市值上市公司证券的整 体表现。 【免责 ...

Key Insights - The core viewpoint of the report highlights the significant growth of the A-share ETF market, with a year-on-year increase of 81.6% in 2024, indicating a growing influence on the A-share market [1][11][5] - The report draws comparisons with mature ETF markets in the US, Japan, and Taiwan to provide insights for the future development of A-share ETFs [1][11] Group 1: Origin of ETFs - ETFs in the US, Japan, and Taiwan primarily originated from the need to stabilize or rescue capital markets, while A-share ETFs emerged from strategic financial product innovation aimed at enhancing market efficiency [2][12][21] - The first US ETF was launched in 1993 to prevent market crashes, while Japan's first ETF was introduced in 1995 to revitalize the stock market after a prolonged downturn [19][21] Group 2: Growth Correlation with Market Performance - There is a notable positive correlation between ETF growth rates and stock market performance across different regions, indicating that high ETF growth often coincides with rising stock markets [3][12][40] - In the US, significant ETF growth periods were associated with substantial gains in major stock indices, while similar trends were observed in Japan and Taiwan [27][31][38] Group 3: Trends in ETF Types - A global trend towards broad-based ETFs is evident, with increasing proportions of broad-based ETFs in the total ETF market across the US, Japan, and Taiwan [4][43][48] - In the US, the proportion of broad-based ETFs has risen from 45% in 2010 to 65% by 2024, while in Japan, over 95% of the top ETFs are broad-based [43][48] Group 4: Future Development of A-share ETFs - The A-share ETF market is expected to continue growing, with broad-based ETFs likely to dominate, and regulatory authorities increasingly using ETFs as tools for market stabilization [5][12][51] - The report anticipates that dividend-focused ETFs may gain popularity among individual investors, and technology sector ETFs are expected to be overweighted in future allocations [5][12][51]