GF Guozheng Semiconductor Chip ETF(159801) climbs 2.47%,brokers say electronics demand keeps recovering
NewTimeSpace News–as of 09:51 on 28 January 2026 the Chip ETF GF (159801) is up 2.47% at 1.04 yuan. Over the past week ended 27 January 2026 the fund has gained 3.91%, ranking first among four peer funds. (Constituents are cited for reference only and do not constitute any recommendation.)
Liquidity: intraday turnover is 1.46% with CNY 68.58 million traded; the average daily turnover over the past week is CNY 209 million.
Size: the ETF’s asset base has grown CNY 1.171 billion over the past six months, the largest increase among four comparable funds. (Source: Wind)
Net inflows: the fund has recorded four consecutive days of inflows, the largest single-day amount being CNY 90.52 million, totalling CNY 236 million or an average CNY 59.02 million per day. (Source: Wind)
Margin: the ETF has seen four straight days of net margin buying, the largest daily amount CNY 7.71 million, bringing the outstanding margin balance to CNY 61.10 million. (Source: Wind)
Performance: net value has risen 51.05% over the past five years, placing the fund 146th among 1,094 index stock funds (top 13.35%). Since inception the best monthly return is 30.34%, the longest winning streak is four consecutive months with a cumulative 65.22% gain, the up-/down-month ratio is 36/35, the average return in up months is 8.99% and the calendar-year win rate is 60%.
Risk metric: one-year Sharpe ratio is 1.62 as of 23 January 2026.
Draw-down: year-to-date maximum draw-down is 3.33% versus 0.08% for the benchmark, with a three-day recovery period.
Fees: management fee 0.50%, custody fee 0.10%.
Tracking: three-month tracking error is 0.017%, the smallest among peer funds.
The ETF replicates the CNI Semiconductor Chip Index, which covers chip-related companies listed on Shanghai, Shenzhen and Beijing exchanges to reflect the sector’s performance.
Donghai Securities notes that electronics demand is recovering, supply is being rationalised and memory-chip prices are rising, while localisation efforts exceed expectations. The house recommends focusing on structural opportunities in AI computing power, AIoT, semiconductor equipment, key components and memory-price upside.
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