Core Viewpoint - The A-share market is experiencing a "high-low switch" as year-end approaches, with a focus on dividend assets due to their strong performance and risk mitigation potential [1][2]. Group 1: Market Trends - The technology sector is showing high volatility, while value styles are gaining traction, indicating a shift in market sentiment [1]. - Recent data shows that the only dividend ETF tracking the Shanghai Dividend Index (510880) has seen significant capital inflow, accumulating 563 million yuan over five trading days [2]. - The fund size of the dividend ETF (510880) has reached 17.592 billion yuan, making it one of the few dividend-themed ETFs exceeding 10 billion yuan [2]. Group 2: Fund Performance - As of November 26, 2025, the dividend ETF (510880) has 421,800 holders, the only dividend-themed ETF in the market with over 400,000 holders [3]. - The dividend ETF has distributed over 4 billion yuan in dividends, with a total of 42.98 billion yuan in cumulative dividends since its inception [3]. - The fund management company, Huatai-PB, has over 18 years of experience in managing dividend-themed index investments and has developed a range of related ETFs, collectively managing 47.082 billion yuan [3][4].