Satellite Development Drives Space Photovoltaic Demand,Tianhong CSI Photovoltaic Industry ETF(159857) Rises 1.34%, Aiming for Fourth Consecutive Gain

NewTimeSpace News – As of 13:39 on January 19, 2026, Photovoltaic ETF (159857) rose 1.34%, aiming for its fourth consecutive gain, with the latest price at RMB 0.91. Looking at a longer timeframe, as of January 16, 2026, the ETF has accumulated a 3.58% gain over the past week. (The stocks listed above are index constituents only and do not constitute specific investment recommendations.)

In terms of liquidity, Photovoltaic ETF recorded an intraday turnover ratio of 7.33% with trading volume of RMB 151 million. Looking at the broader period, as of January 16, the ETF's average daily trading volume over the past week reached RMB 263 million, ranking in the top 2 among comparable funds.

Regarding scale, Photovoltaic ETF's latest assets under management reached RMB 2.004 billion, ranking 2nd among 12 comparable funds. (Data source: Wind)

Data shows leveraged funds continue to build positions. Photovoltaic ETF's latest margin purchase reached RMB 8.8436 million, with the latest financing balance at RMB 60.0602 million. (Data source: Wind)

As of January 16, Photovoltaic ETF's NAV has increased 48.00% over the past six months, ranking in the top 3 among comparable funds and 806th out of 4,100 equity index funds, placing it in the top 19.66%. In terms of return capability, as of January 16, 2026, since its inception, Photovoltaic ETF's highest monthly return reached 24.71%, the longest consecutive gain period lasted 5 months with a total gain of 83.59%, and the average return during positive months was 9.76%. As of January 16, 2026, Photovoltaic ETF's 3-month annualized excess return over benchmark was 1.76%, ranking in the top 3 among 10 comparable funds.

As of January 16, 2026, Photovoltaic ETF's Sharpe ratio over the past year stands at 1.67.

Regarding drawdown, as of January 16, 2026, Photovoltaic ETF's maximum year-to-date drawdown was 0.55%, with a relative benchmark drawdown of 0.04%, representing relatively low drawdown risk among comparable funds. The recovery period after drawdown was 2 days, representing relatively fast recovery among comparable funds.

In terms of fees, Photovoltaic ETF's management fee rate is 0.50% and custody fee rate is 0.10%.

In tracking accuracy, as of January 16, 2026, Photovoltaic ETF's year-to-date tracking error was 0.007%, representing the highest tracking precision among comparable funds.

Photovoltaic ETF closely tracks the CSI Photovoltaic Industry Index. The CSI Photovoltaic Industry Index selects up to 50 most representative listed securities whose main business involves the upstream, midstream, and downstream of the photovoltaic industry chain as index constituents to reflect the overall performance of photovoltaic industry listed companies.

Dongxing Securities stated that in the short term, accelerated development of low-orbit satellites drives space photovoltaic demand, while long-term space data centers open up imagination for space photovoltaics. The brokerage is optimistic that HTJ and perovskite new technologies will become preferred solutions adapting to the extreme space environment, benefiting relevant battery component manufacturers and equipment manufacturers.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.