吃喝板块今日（9月19日）继续回调。反映吃喝板块整体走势的食品ETF（515710）开盘后震荡走弱， 盘中场内价格一度跌近1%，截至发稿，跌0.79%。 成份股方面，白酒、啤酒等板块部分个股跌幅居前。截至发稿，迎驾贡酒、珠江啤酒、水井坊等跌超 2%，酒鬼酒、山西汾酒、口子窖等多股跌超1%。 显，各家酒企均积极创新产品、寻求渠道改革以保住自身份额，建议重视行业底部配置机会，关注双节 旺季渠道备货和动销端表现。 一键配置吃喝板块核心资产，重点关注食品ETF（515710）。根据中证指数公司统计，食品ETF （515710）跟踪中证细分食品饮料产业主题指数，约6成仓位布局高端、次高端白酒龙头股，近4成仓位 兼顾饮料乳品、调味、啤酒等细分板块龙头股，前十权重股包括"茅五泸汾洋"、伊利股份、海天味业 等。场外投资者亦可通过食品ETF联接基金（A类012548/C类012549）对吃喝板块核心资产进行布局。 图片、数据来源：沪深交易所等，截至2025.9.19。 风险提示：食品ETF被动跟踪中证细分食品饮料产业主题指数，该指数基日为2004.12.31，发布于 2012.4.11。指数成份股构成根据该指数编制规则适时调整 ...

Group 1 - The food and beverage sector continues to rise, with the Food ETF (515710) showing a gain of 0.49% at the close, marking two consecutive days of increases [1] - Major consumer goods stocks led the gains, with notable performances from leading liquor brands, including Yunnan Energy Investment hitting the daily limit, and both Jiu Gui Jiu and Jin Da Wei rising over 3% [1] - Retail sales of tobacco and alcohol showed a year-on-year increase, with July retail sales reaching 433 billion yuan, up 2.7%, and total retail sales for January to July at 3.74 trillion yuan, up 5.2% [2] Group 2 - The expansion of domestic demand policies is showing effects, with July CPI rising 0.4% month-on-month, and core CPI (excluding food and energy) increasing by 0.8% year-on-year [3] - The white liquor sector is expected to see a gradual release of pressure from quarterly reports, with low valuations in cyclical sectors likely to attract market attention [3] - The Food ETF (515710) is positioned at a price-to-earnings ratio of 19.97, indicating a favorable long-term investment opportunity [3] Group 3 - The white liquor consumption scene has improved since July, with a recovery in personal and social drinking occasions, leading to a marginal improvement in sales data [4] - The current valuation of the Shenwan White Liquor Index is at a historically low level, suggesting potential for recovery in consumer spending [4] - The Food ETF (515710) tracks the sub-index of the food and beverage industry, with a significant portion of its holdings in leading high-end liquor stocks [5]