有分析称，稀土行业的供需关系出现实质性好转，供给端，国内稀土指标增速放缓或在中短期成为 常态；需求端，机器人等产业发展带动需求释放，供需两端共振向好；海外端，高冶炼成本支撑价差， 美国收购底价拉高价格基数，提振涨价预期，稀土战略价值迎来重估。 从投资视角来看，中证稀土产业指数聚焦稀土产业链核心环节，覆盖从采选、冶炼到精深加工及下 游应用的龙头企业，成份股集中度高，前十大权重股合计占比超过50%。截至8月15日，指数年内累计 涨幅超45%。稀土ETF易方达（159715）跟踪该指数，管理费率仅为0.15%/年，可助力投资者低成本布 局稀土产业整体发展机遇。 截至11:10，中证稀土产业指数上涨1.1%，成份股中，北矿科技涨停，科恒股份涨超7%，三川智慧 涨超6%，卧龙电驱、领益智造涨超5%。 近期国内轻稀土价格连日走强，引发市场广泛关注。截至8月18日，氧化镨钕价格升至58.9万元/ 吨，创下年内新高，环比涨幅达23.2%，同比涨幅达52.2%。 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参 ...

Core Viewpoint - The recent surge in rare earth ETFs is closely linked to China's implementation of export controls on heavy rare earths, which has led to increased demand in emerging sectors such as new energy, humanoid robots, and low-altitude economy [1][3][11] Group 1: Market Performance - On the first trading day after the holiday, all four rare earth ETFs showed significant gains, with the rare earth ETF fund (516150) leading with an increase of over 5% [1][2] - The performance of rare earth ETFs has been strong, with the top performers being the Yi Fang Da and Fu Guo ETFs, achieving annualized returns of 18.07% and 17.02% respectively [7][9] Group 2: Supply and Demand Dynamics - Following China's announcement of export restrictions on seven categories of heavy rare earths in April 2025, international rare earth prices have surged, with prices for strategic metals like dysprosium and terbium increasing by 310% within 30 days [3] - The demand for rare earths is driven by their essential role in permanent magnet synchronous motors, with domestic sales of new energy vehicles reaching 2.421 million units in Q1 2025, a year-on-year increase of 37.2% [3][11] Group 3: ETF Analysis - There are currently four main rare earth ETFs: Jiashi Fund's rare earth ETF (516150), Fu Guo Fund's rare earth ETF (159713), Yi Fang Da Fund's rare earth ETF (159715), and Huatai Bairui's rare earth ETF (516780) [4][5] - The ETFs have shown strong performance over the past year and three years, with the Yi Fang Da ETF demonstrating superior risk-adjusted returns and stability [8][10] Group 4: Future Outlook - The rare earth industry is expected to enter a value reassessment cycle due to policy benefits, optimized supply-demand dynamics, and the emergence of new demands, particularly from humanoid robots, which could create an additional demand of 200,000 to 400,000 tons [11]