Institution: AI computing power direction PCB and storage have high certainty prosperity, Tianhong CSI Electronic ETF(159997) rises 3.20% in morning trading

NewTimeSpace News – As of 10:29 on January 21, 2026, Electronics ETF (159997) rose 3.20%, with the latest price at RMB 1.81. Looking at a longer timeframe, as of January 20, 2026, Electronics ETF has accumulated a 2.76% gain over the past week. (The stocks listed above are index constituents only and do not constitute specific investment recommendations.)

In terms of liquidity, Electronics ETF recorded an intraday turnover ratio of 1.73% with trading volume of RMB 24.6050 million. Looking at a longer period, as of January 20, the ETF's average daily trading volume over the past week reached RMB 52.7453 million.

Regarding scale, Electronics ETF's latest assets under management reached RMB 1.389 billion. (Data source: Wind)

Data shows leveraged funds continue to build positions. Electronics ETF has seen net purchases through margin financing for 3 consecutive days, with a peak single-day net purchase of RMB 5.4382 million, bringing the latest financing balance to RMB 18.8030 million. (Data source: Wind)

As of January 20, Electronics ETF's NAV has increased 118.68% over the past two years, ranking 178th out of 2,514 equity index funds, placing it in the top 7.08%. In terms of return capability, as of January 20, 2026, since its inception, the ETF's highest monthly return reached 26.39%, the longest consecutive gain period lasted 4 months with a total gain of 65.50%, the ratio of up months to down months was 38/32, the average return during positive months was 6.63%, and the annual profitability percentage was 80.00%. As of January 20, 2026, Electronics ETF's annualized excess return over benchmark since inception is 5.04%.

As of January 16, 2026, Electronics ETF's Sharpe ratio over the past year stands at 1.88.

Regarding drawdown, as of January 20, 2026, Electronics ETF's maximum year-to-date drawdown was 3.11%, with a relative benchmark drawdown of 0.03%. The recovery period after drawdown was 3 days.

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

In tracking accuracy, as of January 20, 2026, Electronics ETF's year-to-date tracking error was 0.010%.

Electronics ETF closely tracks the CSI Electronics Index. The CSI Electronics Index selects listed securities of companies engaged in semiconductors, computer and peripheral equipment production, electronic equipment, and consumer electronics production as constituents to reflect the overall performance of electronics-related listed companies.

CITIC Securities stated that autonomous controllability and AI computing power are expected to become strong mainlines throughout the year for the electronics industry, focusing on the acceleration trend of domestic computing power and semiconductor equipment, and the AI computing power direction PCB and storage have high certainty prosperity.

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