By analyzing the income and fluctuation data of the constituent stocks of a single ETF, the 512760 chip ETF performed better, followed by the 159995 chip ETF, and finally the 512480 semiconductor ETF.
By comparing the three ETFs, we can find that the return rate and maximum drawdown of the 512760 chip ETF are better than those of the 159995 chip ETF and the 512480 semiconductor ETF, which is completely consistent with conclusion 1.
The performance of ETFs has a very important relationship with the number of constituent stocks and the weight ratio of constituent stocks. For example, the 512760 chip ETF covers a larger range, its small and medium-sized market capitalization stocks are more explosive, and the weight allocation is not very different, so the overall performance is better than the other two ETFs. Extended information
The pure GEM products are ranked last, and various GEM optimized versions have performed well, such as the GEM market of Huaxia Chuangchuang, Huaanchuang 50, China Merchants and Western Capital. Generally speaking, most of the contributions are made by the top companies on the GEM (pharmaceuticals and medical care, new energy, chips, etc.), so the various selected GEM head indexes will definitely be ahead of the GEM index in the current market. . One more thing to mention here: the Double Entrepreneurship 50 is an alternative to the ChiNext Index that I am very optimistic about. I think it should be a high-quality index for A-shares currently, second only to the Shanghai and Shenzhen 300.
For example, No. 7 is CCB Yisheng Energy and Chemical Futures ETF (+27.42% in the first half of this year). This was also one of several futures ETFs approved at the same time (it was also a pilot, and no futures ETF of this type was approved later). That batch of futures ETFs also included: China’s soybean meal ETF and Dacheng’s non-ferrous ETF.
Had it not been for the sharp rise in semiconductors and new energy at the end of June, this energy and chemical ETF would have topped the list. Because cyclical stocks are also another popular sector in the first half of this year, in addition to the CCB Energy and Chemical ETF, the cyclical sector among the top 20 shortlisted this time is the 12th-ranked Cathay CSI Steel ETF (+25.88% in the first half of this year), The 14th-ranked Cathay CSI Coal ETF (+24.51% in the first half of this year).