上周，成长 50 组合获得最优表现，获得了 3.71%的周收益，相对国证成长的超额为 0.47%。 投资要点： | [Table_Authors] | 郑雅斌(分析师) | | --- | --- | | | 021-23219395 | | | zhengyabin@gtht.com | | 登记编号 | S0880525040105 | | | 罗蕾(分析师) | | | 021-23185653 | | | luolei@gtht.com | | 登记编号 | S0880525040014 | | | 卓 洢萱(分析师) | | | 021-23183938 | | | zhuoyixuan@gtht.com | | 登记编号 | S0880525040128 | 成长 50 组合占优 本报告导读： [Table_Report] 相关报告 风格 Smart beta 组合跟踪周报 （2025.12.22-2025.12.26） | 高频选股因子周报（20251222-20251226） | | --- | | 2025.12.28 | | 低频选股因子周报（2025.12.19-2025.12.26） ...

- The report focuses on the performance of Smart Beta portfolios, specifically Value, Growth, and Small-cap styles, constructed based on high beta elasticity and long-term stable excess returns objectives[7][8][10] - Value Smart Beta portfolios include "Value 50 Portfolio" and "Value Balanced 50 Portfolio", with weekly returns of 1.13% and 0.32%, respectively, and annual returns of 5.80% and 1.55%[4][8][10] - Growth Smart Beta portfolios include "Growth 50 Portfolio" and "Growth Balanced 50 Portfolio", with weekly returns of 1.27% and 1.59%, respectively, and annual returns of 0.86% and 6.05%[4][8][16] - Small-cap Smart Beta portfolios include "Small-cap 50 Portfolio" and "Small-cap Balanced 50 Portfolio", with weekly returns of 1.39% and 1.49%, respectively, and annual returns of 8.87% and 10.70%[4][8][22] - Performance metrics for Smart Beta portfolios include absolute returns, excess returns relative to benchmarks, and maximum relative drawdowns, with detailed data provided for each portfolio[8][10][22]