Central Bank Gold Purchases Continue to Provide Bottom Support, Maxwealth CSI Shanghai-Shenzhen-Hong Kong Gold Industry Commodity ETF (517520) Rises 1.28% in Morning Trading

NewTimeSpace News - As of 11:01 on January 12, 2026, Gold Stock ETF (517520) rose 1.28%, with the latest price at 2.22 yuan. Over a longer timeframe, as of January 9, 2026, Gold Stock ETF gained 7.25% over the past week, ranking 1st out of 6 comparable funds. (The stocks listed above are index constituents only and do not constitute specific recommendations.)

In terms of liquidity, Gold Stock ETF recorded an intraday turnover rate of 1.46% and trading volume of 197 million yuan. Over a longer period, as of January 9, its average daily trading volume reached 411 million yuan over the past month, ranking first among comparable funds.

Scale-wise, Gold Stock ETF's latest size hit 13.194 billion yuan, hitting a one-month high and ranking 1st out of 6 comparable funds. (Data source: Wind)

In terms of shares outstanding, Gold Stock ETF's share count grew 16 million units over the past three months, achieving significant growth and ranking 3rd out of 6 comparable funds. (Data source: Wind)

Data shows leveraged funds continue to build positions. Gold Stock ETF's previous day net margin purchase reached 16.7846 million yuan, with the latest margin balance at 191 million yuan. (Data source: Wind)

As of January 9, Gold Stock ETF's NAV rose 125.92% over the past two years, ranking 84th out of 2,504 index stock funds (top 3.35%). In terms of return capability, as of January 9, 2026, since its inception, the ETF's highest monthly return was 21.81%, longest consecutive up months was 4, longest consecutive gain was 40.27%, up/down month ratio was 14/12, average return in up months was 9.41%, annual profitability percentage was 100.00%, and historical 2-year holding profitability probability was 100.00%. As of January 9, 2026, its one-year excess return over benchmark reached 2.45% annualized, ranking 1st out of 6 comparable funds.

As of January 9, 2026, Gold Stock ETF's Sharpe ratio for the past year stood at 2.56.

On drawdowns, as of January 9, 2026, Gold Stock ETF's year-to-date maximum drawdown was 1.78%, with a relative benchmark drawdown of 0.04%, the smallest among comparable funds. The recovery period after drawdown was 1 day, indicating the fastest recovery among comparable funds.

In terms of fees, Gold Stock ETF charges a management fee of 0.50% and a custody fee of 0.10%, relatively low among comparable funds.

Regarding tracking accuracy, as of January 9, 2026, Gold Stock ETF's one-month tracking error was 0.033%, the highest tracking precision among comparable funds.

Gold Stock ETF closely tracks the CSI SH-HK Gold Industry Stock Index, which selects 50 listed securities with large market capitalization and business involving gold mining, smelting, and sales from the mainland and Hong Kong markets as index samples to reflect the overall performance of gold industry listed securities.

According to institutional sources, non-speculative demand formed by central bank gold purchases continues to provide bottom support, coupled with rising market risk aversion, gold maintains a volatile but strong pattern. Current international geopolitical tensions haven't eased, and major overseas economies remain in loose monetary policy channels. Gold as a core asset allocation for risk diversification is worth attention.

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