Policy Support Highlights Allocation Value, China Universal CSI Consumer Staples ETF(159928) Rises 0.26% in Morning Session

NewTimeSpace News:As of 09:46 on February 4, 2026, the CSI Main Consumer Index (000932) rose 0.21%. Among its constituent stocks, Betteni increased by 1.77%, Shuanghui Development climbed 1.24%, Kweichow Moutai rose 1.10%, Haid Group advanced 0.82%, and Muyuan Foods gained 0.72%. The China Universal CSI Consumer Staples ETF (159928) rose 0.26% to close at RMB 0.79. Over a longer time frame, as of February 3, 2026, the ETF had achieved a cumulative increase of 3.30% in the past week, ranking 2nd out of 5 comparable funds. (The stocks listed above are merely constituent stocks of the index and do not constitute specific investment recommendations.)

In terms of liquidity, theChina Universal CSI Consumer Staples ETF recorded an intraday turnover rate of 0.28% and a trading volume of RMB 65.4528 million. Looking back, as of February 3, the ETF's average daily trading volume in the past week reached RMB 866 million, ranking first among comparable funds.

Regarding scale, theChina Universal CSI Consumer Staples ETF's size increased by RMB 291 million in the past week, achieving significant growth, with the new scale ranking 1st out of 5 comparable funds. (Data source: Wind)

In terms of share count, the ETF's shares increased by 3.036 billion units in the past month, realizing remarkable growth, with the new share count ranking 2nd out of 5 comparable funds. (Data source: Wind)

For capital flow, theChina Universal CSI Consumer Staples ETF recorded a latest net capital outflow of RMB 17.1439 million. Over the recent 10 trading days, it has accumulated a total of RMB 72.6705 million in "capital absorption". (Data source: Wind)

Data shows that leveraged capital has been continuously deploying in the ETF. The latest margin purchase amount of theChina Universal CSI Consumer Staples ETF reached RMB 69.8567 million, and the latest margin trading balance stood at RMB 542 million. (Data source: Wind)

As of February 3, theChina Universal CSI Consumer Staples ETF had a net asset value (NAV) increase of 1.73% in the past two years. In terms of profitability, as of February 3, 2026, since its establishment, the ETF has achieved a maximum monthly return of 24.60%, the longest consecutive monthly growth period of 10 months with a cumulative increase of 49.28%, a ratio of rising to falling months of 85:64, an average monthly return of 5.78% in upward months, and a 72.46% profit probability for a 3-year historical holding period. As of February 3, 2026, the ETF's annualized excess return over the benchmark in the past year was 2.87%.

Regarding drawdown, as of February 3, 2026, the ETF's maximum drawdown since the beginning of the year was 6.36%, with a relative benchmark drawdown of 0.03%, indicating a low drawdown risk among comparable funds.

In terms of fees, theChina Universal CSI Consumer Staples ETF has a management fee rate of 0.50% and a custodian fee rate of 0.10%, the lowest among comparable funds.

For tracking accuracy, as of February 3, 2026, the ETF's tracking error in the past 10 years was 0.043%, the highest tracking accuracy among comparable funds.

From a valuation perspective, the latest price-earnings ratio (PE-TTM) of the CSI Main Consumer Index tracked by theChina Universal CSI Consumer Staples ETF is only 19.37 times, at the 13.05% quantile of the past three years. This means the valuation is lower than 86.95% of the time in the past three years, standing at a historical low level.

TheChina Universal CSI Consumer Staples ETF closely tracks the CSI Main Consumer Index. To reflect the overall performance of listed company securities in different industries within the CSI 800 Index sample and provide analytical tools for investors, the CSI 800 Index sample is classified into 11 primary industries and 35 secondary industries according to the CSI Industry Classification. Indices are then compiled using all securities in each primary and secondary industry as samples, forming the CSI 800 Industry Indices.

Data shows that as of January 30, 2026, the top 10 weight stocks of the CSI Main Consumer Index (000932) were Kweichow Moutai Co., Ltd., Wuliangye Yibin Co., Ltd., Yili Industrial Group Co., Ltd., Muyuan Foods Co., Ltd., Luzhou Laojiao Co., Ltd., Shanxi Fen Wine Industry Co., Ltd., Wen's Foodstuff Group Co., Ltd., Haitian Flavoring & Food Co., Ltd., Dongpeng Beverage (Group) Co., Ltd., and Haid Group Co., Ltd., with a combined weight of 67.37%. (The stocks listed above are merely constituent stocks of the index and do not constitute specific investment recommendations.)

Kaiyuan Securities stated that commercial authorities at all levels are promoting special actions to boost consumption and implementing the trade-in program for consumer goods. Coupled with the issuance of the "Work Plan for Accelerating the Cultivation of New Growth Points in Service Consumption" in January 2026, strong momentum has been injected into the consumer market. Service consumption has become the core of growth, featuring "fast growth, optimized structure, and new demand", with its growth rate continuously outpacing commodity retail.

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.