Core Viewpoint - The recent macroeconomic events and the completion of Q3 earnings reports have led to a potential shift in market themes and styles, with a notable increase in allocations towards the electronic sector and growth styles, indicating a possible structural adjustment in the market [7]. Group 1: Dividend ETFs Performance - The latest dividend yield for the S&P Dividend ETF is 4.85% [1]. - The S&P Hong Kong Stock Connect Low Volatility Dividend Index shows a year-to-date performance of 12.29% and a one-month decline of 1.91% [2]. - The A500 Low Volatility Dividend ETF has a year-to-date performance of 9.62% and a one-month performance of 1.55% [5]. Group 2: Market Trends and Sector Allocations - The electronic industry allocation in funds has exceeded 25%, with the innovation and entrepreneurship board exceeding 40%, marking the highest levels since 2010 [7]. - The growth style allocation has surpassed 60%, indicating a significant trend towards growth-oriented investments [7]. - Seasonal effects suggest that dividend styles may outperform as year-end profit-taking occurs [7]. Group 3: Cash Flow ETFs - The 300 Cash Flow ETF, which excludes financials and real estate, tracks the CSI 300 Free Cash Flow Index and has shown a one-week performance of 7.31% [3]. - The annualized volatility for the 300 Cash Flow ETF is reported at 10.02% [6].

华宝基金 łwabao WP Fund 红利日报 2025年 12/8 最新股息申 4.85% 标普红利ETF 562060 · 穿越周期·「长红」之选 · -跟踪标普中国A股红利机会指数- 联接A 501029 红利基金LOF 近1月 近1日 近1周 近1年 近1年 指数涨跌幅 指数涨跌幅 指数涨跌幅 指数涨跌幅 年化波动率 12.04% 0.66% 1.01% 1.15% 11.12% 机至2025.12.0 (US 上证指数 上证指数 上证指数 上证指数 上证指数 15.85% 0.70% 0.37% -1.67% 11.80% T+0 最新股息或 5.51% 港股通红利ETF 159220 · 2年男艺艺史记 20 "同以心低旧退·伦尼灯!" - 跟踪标普港股通低波红利指数 - 联接A 022887 近1日 近1周 (近1月) (近1年) 近1年 指数涨跌幅 指数涨跌幅 指數涨跌幅 指数涨跌幅 年化波动率 0.05% 2.17% 1.23% 30.53% 12.17% 2 2025.12.5 (VS) 上证指数 上证指数 上证指数 上证指数 上证指数 0.70% 0.37% -1.67% 15.85% ...

Core Viewpoint - The dividend sector is expected to show strong performance at the end of the year and the beginning of the next year due to three main factors: institutional fund rebalancing, seasonal demand from insurance funds, and policy catalysts [3][4][9]. Group 1: Dividend Fund Performance - The latest dividend yield for the S&P Dividend ETF is 4.92% [1] - The latest dividend yield for the Hong Kong Stock Connect Dividend ETF is 5.54% [1] - The A500 Low Volatility Dividend ETF has a latest dividend yield of 4.14% [8] - The 300 Cash Flow ETF has a latest dividend yield of 4.17% [9] Group 2: Market Trends and Indices - The S&P China A-Share Dividend Opportunity Index is tracked by the S&P Dividend ETF [1] - The S&P Hong Kong Stock Connect Low Volatility Dividend Index is tracked by the Hong Kong Stock Connect Dividend ETF [2] - The CSI 500 Low Volatility Dividend Index is tracked by the A500 Low Volatility Dividend ETF [8] - The CSI 800 Low Volatility Dividend Index is tracked by the 800 Low Volatility Dividend ETF [8] Group 3: Factors Influencing Dividend Sector - Institutional fund rebalancing leads to a shift from high-valuation growth stocks to high-dividend stocks to lock in annual returns [3][9] - Seasonal demand from insurance funds during the peak premium income period (December to January) supports high-dividend assets [4][9] - The end of the year and beginning of the next year is a period of intensive policy announcements, which could catalyze the dividend sector if policies to increase dividend payouts are implemented [4][9]

Core Insights - The article discusses various dividend-focused ETFs and their performance metrics, highlighting their potential as investment options in the current market environment [1][2][3]. Group 1: ETF Performance Metrics - The latest dividend yield for the S&P Dividend ETF is reported at 4.92% [1]. - The annualized volatility for the S&P China A-Share Dividend Opportunity Index is 12.15% [1]. - The performance of the A500 Dividend Low Volatility ETF shows a 6.78% increase over the past year [2]. - The annualized volatility for the 800 Dividend Low Volatility ETF is recorded at 9.81% [2]. Group 2: Market Outlook - The market is expected to maintain a slow bullish trend supported by policy expectations from year-end meetings and a globally loose liquidity environment [3]. - A "barbell strategy" combining defensive and growth stocks is suggested as a favorable approach in the current market [3]. - Institutions like insurance and pension funds currently have low positions, indicating potential opportunities for year-end allocation in high-rated dividend stocks [3].

Core Insights - The market is currently shifting from a focus on technology stocks to a broader range of sectors, indicating a potential change in investment strategy [2][3] Group 1: Market Performance - The S&P China A-Share Dividend Opportunity Index has shown a 4.92% increase [1] - The Shanghai Composite Index has experienced a slight decline of 0.07% over the past week, but a 2.84% increase over the past year [1] - The annualized volatility for the S&P China A-Share Dividend Opportunity Index is reported at 11.47% [1] Group 2: ETF Performance - The Hong Kong Stock Connect Dividend ETF has recorded a 34.76% increase over the past year, with an annualized volatility of 12.06% [1] - The A500 Dividend Low Volatility ETF has shown a 5.69% increase over the past year, with an annualized volatility of 9.77% [2] - The 300 Cash Flow ETF has achieved a 12.70% increase over the past year, with an annualized volatility of 1.72% [2]

Core Insights - The article discusses various dividend-focused ETFs and their performance metrics, highlighting their respective dividend yields and index tracking capabilities [1][2][3]. Group 1: Dividend ETFs Performance - The latest dividend yield for the S&P Dividend ETF is reported at 4.92% [1]. - The Shanghai Composite Index shows a year-to-date performance of 15.18% [1]. - The Hong Kong Stock Connect Dividend ETF has a recent dividend yield of 5.54% [1]. Group 2: Index Tracking and Volatility - The S&P Hong Kong Stock Connect Low Volatility Dividend Index has a one-year return of 25.70% with an annualized volatility of 7.20% [2]. - The CSI 500 Low Volatility Dividend ETF has a one-year return of 6.39% and an annualized volatility of 9.86% [2]. - The CSI 800 Low Volatility Dividend ETF shows a one-year return of 6.09% with an annualized volatility of 3.07% [2]. Group 3: Cash Flow ETFs - The Cash Flow ETF tracking the CSI 300 Free Cash Flow Index has a recent yield of 4.17% [3]. - The index has shown a one-month performance of 5.70% [3]. - The Shanghai Composite Index has a comparative performance of -0.25% over the same period [3].

Group 1 - The latest dividend yield for Hwabao Fund is 5.18% [1] - The S&P China A-Share Dividend Opportunity Index is being tracked by the fund [1] - The fund has shown a year-to-date performance with a volatility of 11.54% [1] Group 2 - The S&P Hong Kong Stock Connect Low Volatility Dividend Index is being tracked, with a one-year performance of 12.35% [2] - The annualized volatility for the A500 Low Volatility Dividend ETF is reported at 9.50% [2] - The fund focuses on large and mid-cap stocks with a low volatility dividend strategy [2] Group 3 - The Cash Flow ETF tracks the CSI 300 Free Cash Flow Index, excluding financials and real estate [3] - The one-month performance for the Cash Flow ETF is 1.44% with an annualized volatility of 9.77% [3] - The fund aims to invest in large-cap blue-chip companies characterized as "cash cows" [3] Group 4 - MACD golden cross signals have formed, indicating potential upward trends in certain stocks [4]

Group 1 - The latest dividend yield for Hwabao Fund is 5.18% as of November 6, 2025 [1] - The S&P China A-Share Dividend Opportunity Index is being tracked by the fund [1] - The annualized volatility for the index is reported at 11.54% [1] Group 2 - The S&P Hong Kong Stock Connect Low Volatility Dividend Index shows a one-year return of 25.42% [2] - The annualized volatility for this index is 5.32% [2] - The A500 Low Volatility Dividend ETF has a one-year return of 6.42% [2] Group 3 - The Cash Flow ETF tracks the CSI 300 Free Cash Flow Index and has a one-month return of 0.18% [3] - The annualized volatility for the Cash Flow ETF is 9.77% [3] - The Shanghai Composite Index has shown a one-year return of 17.19% [3] Group 4 - MACD golden cross signals have formed, indicating positive momentum for certain stocks [4]