The Middle East situation has eased, and the Industrial Nonferrous Metals ETF (560860) has rebounded, attracting continuous capital inflows.
As of the close on April 10, among the top ten constituent stocks of the CSI Industrial Nonferrous Metals Theme Index, CMOC Group fell 0.84%, China Northern Rare Earth (Group) High-Tech Co., Ltd. fell 0.1%, Aluminum Corporation of China Limited (Chalco) fell 3.29%, Yunnan Aluminium Co., Ltd. fell 2.7%, Xiamen Tungsten Industry Co., Ltd. rose 0.48%, Xingye Yintai fell 0.6%, Tianshan Aluminum Group Co., Ltd. fell 2.97%, Shenhuo Group fell 2.99%, Tongling Nonferrous Metals Group Co., Ltd. fell 0.16%, and Dongyangguang fell 0.25%.
As of the close on April 10, the Wanjia CSI Industrial Nonferrous Metals Theme ETF (ticker: Industrial Nonferrous Metals ETF Wanjia - 560860) fell 1.04%, closing at 1.72 yuan.
I. CSI Industrial Nonferrous Metals Theme Index: Among nonferrous metals-related indices, it has the highest aluminum and copper content, benefiting most from economic recovery.
The CSI Industrial Nonferrous Metals Theme Index (H11059) covers leading companies in strategic resources such as copper, aluminum, rare earths, tungsten & molybdenum, cobalt & nickel, titanium, lead & zinc. It combines the "backbone of industry" (copper, aluminum) with the "king of new materials" (rare earths, cobalt & nickel), making it an efficient tool for precisely capturing trends in the nonferrous metals sector. Currently, the main indices tracked by ETFs investing in the nonferrous metals sector include:
H11059 CSI Industrial Nonferrous Metals Theme Index, abbreviated as "Industrial Nonferrous Metals"
931892 CSI Nonferrous Metals Mining Theme Index, abbreviated as "Nonferrous Metals Mining"
930708 CSI Nonferrous Metals Index, abbreviated as "CSI Nonferrous Metals"
930632 CSI Rare Metals Theme Index, abbreviated as "CS Rare Metals"
399395 SZSE Nonferrous Metals Index, abbreviated as "SZSE Nonferrous Metals"
000819 CSI Shenwan Nonferrous Metals Index, abbreviated as "Nonferrous Metals"
000811 CSI Segmented Nonferrous Metals Industry Theme Index, abbreviated as "Segmented Nonferrous Metals"
Among these, in the Shenwan third-level industry classification of the CSI Industrial Nonferrous Metals Theme Index, copper accounts for 32.1% and aluminum for 18.7%. The combined proportion is the highest among nonferrous metals-related indices, highly correlated with industrial demand, and more beneficial from PPI growth and economic recovery.
II. Among the ETF funds tracking the CSI Industrial Nonferrous Metals Theme Index: Wanjia CSI Industrial Nonferrous Metals Theme ETF (ticker: Industrial Nonferrous Metals ETF Wanjia - 560860) has the largest size.
As of April 9, the Wanjia CSI Industrial Nonferrous Metals Theme ETF (ticker: Industrial Nonferrous Metals ETF Wanjia - 560860) is the one with the largest size (size exceeding 10 billion yuan) and the best liquidity (average daily turnover of 466 million yuan in the past month) among ETF funds tracking the CSI Industrial Nonferrous Metals Theme Index.
ETF products tracking the CSI Industrial Nonferrous Metals Theme Index include:
$Wanjia CSI Industry Non-Ferrous Metal Theme ETF(560860.CN) Industrial Nonferrous Metals ETF Wanjia (size 10.898 billion yuan)
$Penghua CSI Industrial Non-ferrous Metal ETF(159162.CN) Industrial Nonferrous Metals ETF Penghua (size 459 million yuan)
$Tianhong CSI Industrial Non-ferrous Metal ETF(159157.CN) Nonferrous Metals ETF Tianhong (size 6.152 billion yuan)
$Fullgoal CSI Industrial Non-ferrous Metal ETF(159168.CN) Nonferrous Metals ETF Fuguo (size 218 million yuan)
$Bosera CSI Industrial Non-ferrous Metal ETF(159171.CN) Industrial Nonferrous Metals ETF Boshi (size 226 million yuan)
Among the above ETFs, except for Industrial Nonferrous Metals ETF Wanjia which exceeds 10 billion yuan in size, the sizes of other ETFs generally range from 218 million yuan to 6.152 billion yuan (data from wind, as of April 9).
The latest size of Industrial Nonferrous Metals ETF Wanjia (560860) is 10.898 billion yuan, ranking first in size among ETF products tracking the CSI Industrial Nonferrous Metals Theme Index, and it is the only product with a size exceeding 10 billion yuan (data from wind, as of April 9). Industrial Nonferrous Metals ETF Wanjia (560860) had a net inflow of 53.8085 million yuan in the past week, 454 million yuan in the past three months, 5.603 billion yuan in the past six months, and 8.129 billion yuan in the past year. Its size has grown rapidly, making it the fastest-growing in size among ETF products tracking the CSI Industrial Nonferrous Metals Theme Index (data from wind, as of April 9).
III. Among the ETF funds tracking the CSI Industrial Nonferrous Metals Theme Index: Wanjia CSI Industrial Nonferrous Metals Theme ETF (ticker: Industrial Nonferrous Metals ETF Wanjia - 560860) has the best liquidity.
Industrial Nonferrous Metals ETF Wanjia had an average daily turnover of 466 million yuan in the past month, with active trading and good liquidity (data from wind, as of April 9). For other ETF products tracking the CSI Industrial Nonferrous Metals Theme Index, the average daily turnover in the past month is typically between 13.6227 million yuan and 228 million yuan.
IV. Among the ETF funds tracking the CSI Industrial Nonferrous Metals Theme Index: Wanjia CSI Industrial Nonferrous Metals Theme ETF (ticker: Industrial Nonferrous Metals ETF Wanjia - 560860) ranks first in gains over the past year.
In terms of performance, Industrial Nonferrous Metals ETF Wanjia (560860) has risen 126.63% cumulatively over the past year, ranking first in gains among ETF products tracking the CSI Industrial Nonferrous Metals Theme Index, making it a high-volatility choice for capturing nonferrous metals trends (data from wind, as of April 9).
V. Wanjia CSI Industrial Nonferrous Metals Theme ETF (ticker: Industrial Nonferrous Metals ETF Wanjia - 560860): The first ETF fund tracking the CSI Industrial Nonferrous Metals Theme Index in the entire market, with fees at the lowest tier, and the only margin trading target and Stock Connect target.
Industrial Nonferrous Metals ETF Wanjia (560860) was established on February 22, 2023, and is the first ETF in the entire market to track the CSI Industrial Nonferrous Metals Theme Index.
Industrial Nonferrous Metals ETF Wanjia (560860) is the only target among ETF products tracking the CSI Industrial Nonferrous Metals Theme Index that has opened margin trading. Its latest margin purchase amount reached 14.0549 million yuan, and the latest margin balance reached 141 million yuan, receiving continuous position increases from leveraged funds (data from wind, as of April 9). At the same time, Industrial Nonferrous Metals ETF Wanjia is the only Stock Connect target among ETF funds tracking the CSI Industrial Nonferrous Metals Theme Index, and is expected to receive increased positions from northbound capital.
The management fee rate of Industrial Nonferrous Metals ETF Wanjia (560860) is 0.5%, and the custody fee rate is 0.1%, placing its fees at the lowest tier among comparable funds (data from wind, as of April 9).
Wanjia CSI Industrial Nonferrous Metals Theme ETF (ticker: Industrial Nonferrous Metals ETF Wanjia - 560860) has feeder funds (Wanjia CSI Industrial Nonferrous Metals Theme ETF Feeder Fund A: 018489; Wanjia CSI Industrial Nonferrous Metals Theme ETF Feeder Fund C: 018490). Off-exchange investors without securities accounts can also conveniently purchase feeder funds on platforms such as banks and Alipay.
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