GF CSI Military Industry ETF (512680) Gains Nearly 3% in Morning Trading,Institutions Highlight Significance of SpaceX Supply Chain

NewTimeSpace News - As of 10:24 on February 3, 2026, the GF Military Industry ETF (512680) gained 2.89%, with its latest price reaching 1.5 yuan. Looking at a longer timeframe, as of February 2, 2026, the ETF has cumulatively gained 2.97% over the past month. (Stocks listed above are constituent stocks of the index and do not constitute specific investment recommendations.)

In terms of liquidity, the GF Military Industry ETF recorded an intraday turnover rate of 0.81%, with trading volume reaching 45.3913 million yuan. Looking at a longer timeframe, as of February 2, the average daily trading volume over the past month stood at 171 million yuan.

On the size front, the GF Military Industry ETF's latest assets under management reached 5.51 billion yuan, ranking 2nd out of 4 comparable funds. (Data source: Wind)

Regarding shares outstanding, the GF Military Industry ETF's share count grew by 321 million units over the past year, achieving significant growth and ranking 2nd out of 4 comparable funds. (Data source: Wind)

Data shows that leveraged funds continue to build positions. The GF Military Industry ETF's latest margin purchase amount reached 1.9473 million yuan, with the latest margin financing balance standing at 26.4388 million yuan. (Data source: Wind)

As of February 2, the ETF's NAV has gained 18.28% over the past five years. In terms of return capability, as of February 2, 2026, since the ETF's inception, its highest monthly return reached 29.40%, with the longest consecutive winning streak lasting 4 months and generating a cumulative gain of 40.40%. The average monthly return during up months stands at 6.86%. As of February 2, 2026, the ETF's annualized excess return over its benchmark since inception reached 1.41%.

As of January 30, 2026, the GF Military Industry ETF's Sharpe ratio over the past year stood at 1.61.

Regarding drawdowns, as of February 2, 2026, the ETF's relative drawdown against its benchmark year-to-date was 0.04%, the smallest among comparable funds.

On fees, the GF Military Industry ETF's management fee rate is 0.50% and custodian fee rate is 0.10%, the lowest among comparable funds.

In terms of tracking accuracy, as of February 2, 2026, the ETF's tracking error over the past 3 months stood at 0.007%, the highest tracking precision among comparable funds.

The GF Military Industry ETF closely tracks the CSI Military Industry Index, which selects listed securities controlled by the top ten military-industrial groups with main businesses related to the military industry, as well as other representative listed securities whose main business is in the military industry, as index constituents to reflect the overall performance of military industry companies.

Huafu Securities stated that 2026 is regarded as the first year of rocket financing in China, ushering in a golden age for rockets. The imminent listing and financing of core companies will rapidly drive the supply chain into capacity expansion. Meanwhile, the SpaceX industry chain remains unignorable, with its "1 million satellite plan," "10,000 Starship launches per year," and "100GW solar energy" plan aimed at advancing space computing power and forming a closed loop. The investment side should continuously focus on the core of the industry, namely the accelerating industrial pace and extremely fast performance realization, both of which point to the domestic rocket industry chain and the SpaceX industry chain.

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