Rate Cut Expectations Drive Precious Metals to Continue Inertial Rise, Maxwealth CSI Shanghai-Shenzhen-Hong Kong Gold Industry Commodity ETF (517520) Up Nearly 3%

NewTimeSpace News - As of 10:24 on January 13, 2026, Gold Stock ETF (517520) rose 2.78%, aiming for its third consecutive gain, with the latest price at 2.29 yuan. Over a longer timeframe, as of January 12, 2026, Gold Stock ETF gained 6.34% 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 0.92% and trading volume of 128 million yuan. Over a longer period, as of January 12, its average daily trading volume reached 425 million yuan over the past month, ranking first among comparable funds.

Scale-wise, Gold Stock ETF's latest size hit 13.558 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 34.5 million units over the past week, achieving significant growth and ranking 1st out of 6 comparable funds. (Data source: Wind)

Regarding capital flows, Gold Stock ETF posted a latest net capital inflow of 139 million yuan. Over a longer timeframe, it attracted a total of 45.7478 million yuan over the past 5 trading days. (Data source: Wind)

Data shows leveraged funds continue to build positions. Gold Stock ETF's latest margin purchase reached 15.9671 million yuan, with the latest margin balance at 126 million yuan. (Data source: Wind)

As of January 12, Gold Stock ETF's NAV rose 100.97% over the past year, ranking 1st among comparable funds and 102nd out of 3,409 index stock funds (top 2.99%). In terms of return capability, as of January 12, 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 12, 2026, its one-year excess return over benchmark reached 2.51% 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 12, 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 12, 2026, Gold Stock ETF's three-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.

Soochow Securities stated that the current macro environment provides strong support for non-ferrous metals, with the market maintaining optimistic bullish sentiment. The US labor market trend is slowing, December non-farm employment data was below expectations, and previous two months' data were significantly revised downward, solidifying market expectations for two Fed rate cuts in 2026. Against this backdrop, precious metals continue their inertial rise, and industrial metals also recorded broad gains.

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