Institution: Rare metals sector rally expected to receive earnings growth support,Harvest CSI Rare Metals Theme ETF(562800) rises 2.51% in morning trading

NewTimeSpace News – As of 10:50 on January 21, 2026, Rare Metals ETF (562800) rose 2.51%, with the latest price at RMB 1.06. Looking at a longer timeframe, as of January 20, 2026, the ETF has accumulated a 4.43% gain over the past two weeks, ranking 2nd among 4 comparable funds. (The stocks listed above are index constituents only and do not constitute specific investment recommendations.)

In terms of liquidity, Rare Metals ETF recorded an intraday turnover ratio of 4.45% with trading volume of RMB 277 million. Looking at the broader period, as of January 20, the ETF's average daily trading volume over the past week reached RMB 512 million, ranking 1st among comparable funds.

Regarding scale, Rare Metals ETF's latest assets under management reached RMB 6.089 billion, marking a new high for the past year and ranking 1st among 4 comparable funds. (Data source: Wind)

In terms of shares, Rare Metals ETF's latest share count reached 5.878 billion units, also a new high for the past year and ranking 1st among 4 comparable funds. (Data source: Wind)

From a fund-flow perspective, Rare Metals ETF has received continuous net capital inflows for 13 consecutive days, with a peak single-day net inflow of RMB 318 million, totaling RMB 1.952 billion in "capital attraction" with an average daily net inflow of RMB 150 million. (Data source: Wind)

Data shows leveraged funds continue to build positions. Rare Metals ETF's net purchases through margin financing this month reached RMB 2.8790 million, with the latest financing balance at RMB 84.6919 million. (Data source: Wind)

As of January 20, Rare Metals ETF's NAV has increased 37.17% over the past three years. In terms of return capability, as of January 20, 2026, since its inception, the ETF's highest monthly return reached 24.02%, the longest consecutive gain period lasted 6 months with a total gain of 80.09%, and the average return during positive months was 8.60%. As of January 20, 2026, Rare Metals ETF's annualized excess return over benchmark since inception is 2.67%.

As of January 16, 2026, Rare Metals ETF's Sharpe ratio over the past year stands at 2.91.

Regarding drawdown, as of January 20, 2026, Rare Metals ETF's maximum year-to-date drawdown was 1.93%, with a relative benchmark drawdown of 0.06%, representing relatively low drawdown risk among comparable funds. The recovery period after drawdown was 1 day, representing the fastest recovery among comparable funds.

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

In tracking accuracy, as of January 20, 2026, Rare Metals ETF's 1-month tracking error was 0.012%, representing the highest tracking precision among comparable funds.

Rare Metals ETF closely tracks the CSI Rare Metals Theme Index. The CSI Rare Metals Theme Index selects up to 50 listed company securities whose business involves rare metals mining, smelting, and processing as index constituents to reflect the overall performance of rare metals theme listed companies.

Xiangcai Securities stated that current rare earth concentrate and praseodymium-neodymium prices continue to rise, tight oxide spot supply combined with improved downstream restocking demand drive transaction prices upward. Meanwhile, under policy constraints, the mid-to-long-term supply side will see limited obvious increases, and strengthened export controls support short-term price maintenance. As the annual report pre-disclosure window approaches, the rare metals sector rally is expected to receive earnings growth support.

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.