China Southern CSI SWS Non-Ferrous Metal ETF(512400) Rises 2.96% Intraday,Institutions Say Tight Supply, Strong Demand Keep Industry Booming
NewTimeSpace News:As of 13:35 on February 11, 2026, the CSI SWS Non-ferrous Metals Index (000819) surged 2.96%. Among its constituent stocks, China Tungsten High-Tech Material Co., Ltd. rose 10.00%, Guocheng Mining Co., Ltd. climbed 8.79%, Xiamen Tungsten Co., Ltd. advanced 8.51%, with Jinduicheng Molybdenum Co., Ltd., Ganzhou Tengyuan Cobalt Co., Ltd. and other stocks following the upward trend. TheChina Southern CSI SWS Non-Ferrous Metal ETF (512400) rose 2.96%, with the latest price at RMB 2.26. In the longer term, as of February 10, 2026, the ETF had a cumulative increase of 4.82% in the past month. (The stocks listed above are merely constituent stocks of the index and do not constitute specific investment recommendations.)
In terms of liquidity, theChina Southern CSI SWS Non-Ferrous Metal ETF recorded an intraday turnover rate of 3.15% with a trading volume of RMB 1.172 billion. As of February 10, the ETF's average daily trading volume in the past month reached RMB 2.963 billion.
In terms of scale, the latest scale of theChina Southern CSI SWS Non-Ferrous Metal ETF stood at RMB 36.377 billion. (Data source: Wind)
In terms of capital inflows, theChina Southern CSI SWS Non-Ferrous Metal ETF registered a latest net capital inflow of RMB 201 million. Over the recent five trading days, it saw net capital inflows on four days, attracting a total of RMB 495 million in capital with an average daily net inflow of RMB 99.0908 million. (Data source: Wind)
Data shows that leveraged capital has been continuously building positions in the ETF. The ETF had a net margin purchase of RMB 1.8296 million in the previous trading day, with the latest margin trading balance standing at RMB 716 million. (Data source: Wind)
As of February 10, the net asset value of theChina Southern CSI SWS Non-Ferrous Metal ETF had surged 152.78% over the past two years, ranking 48th out of 2559 index equity funds and placing it in the top 1.88%. In terms of profitability, as of February 10, 2026, since its inception, the ETF has achieved a maximum monthly return of 27.29%, a streak of six consecutive months of gains with a cumulative increase of 70.46%, and an average monthly return of 8.63% in rising months. Its annual profit ratio stood at 62.50%, with a 66.44% historical profit probability for a 3-year holding period. As of February 10, 2026, the ETF had an annualized excess return of 2.50% over the benchmark in the past year.
As of February 6, 2026, theChina Southern CSI SWS Non-Ferrous Metal ETF had a Sharpe ratio of 2.91 in the past year.
In terms of drawdown, as of February 10, 2026, the ETF had a relative benchmark drawdown of 0.18% since the start of the year.
Regarding fees, theChina Southern CSI SWS Non-Ferrous Metal ETF has a management fee rate of 0.50% and a custodian fee rate of 0.10%.
In terms of tracking accuracy, as of February 10, 2026, the ETF had a tracking error of 0.013% since the beginning of the year.
TheChina Southern CSI SWS Non-Ferrous Metal ETF closely tracks the CSI SWS Non-ferrous Metals Index, which selects 50 listed securities from the SWS non-ferrous metals and non-metallic materials sectors in the Shanghai and Shenzhen markets as index samples, reflecting the overall performance of listed securities in the non-ferrous metals industry in the Shanghai and Shenzhen markets.
Data shows that as of January 30, 2026, the top 10 weighted stocks of the CSI SWS Non-ferrous Metals Index (000819) are Zijin Mining Group Co., Ltd., China Molybdenum Co., Ltd., Northern Rare Earth (Group) High-Tech Co., Ltd., Aluminum Corporation of China Limited, Zhejiang Huayou Cobalt Co., Ltd., China National Gold Group Co., Ltd., Shandong Gold Mining Co., Ltd., Industrial Bank Silver & Tin Co., Ltd., Ganfeng Lithium Co., Ltd. and Chifeng Jilong Gold Mining Co., Ltd., accounting for a total of 47.89% of the index's weight. (The stocks listed above are merely constituent stocks of the index and do not constitute specific investment recommendations.)
China Chengxin International stated that against the backdrop of tight mineral supply and strong demand resilience, the non-ferrous metals industry is expected to maintain a high boom in 2026. Adjustments to global fiscal and monetary policies, trade frictions, geopolitics and other factors will disturb the industry's development, and the price center of base metals is expected to move upward or fluctuate at a high level.
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