NewTimeSpace News: As of 10:26 on March 3, 2026, Tianhong Bank ETF (515290) rose 0.43%, extending its winning streak to three consecutive sessions, with the latest price at 1.4 yuan. (The stocks listed above are index constituents only, with no specific recommendation intended.)

In terms of liquidity, Tianhong Bank ETF recorded an intraday turnover rate of 0.52%, with trading volume reaching 25.2349 million yuan. Looking at a longer time frame, as of March 2, the ETF's average daily trading volume over the past year was 85.2491 million yuan. (Data source: Wind)

In terms of scale, Tianhong Bank ETF's assets under management grew by 1.007 billion yuan over the past year, achieving significant growth, with the new scale ranking 3rd out of 9 comparable funds. (Data source: Wind)

In terms of shares, Tianhong Bank ETF's share count increased by 586 million shares over the past year, achieving significant growth, with the new shares ranking 3rd out of 9 comparable funds. (Data source: Wind)

Data shows that leveraged funds continue to build positions. Tianhong Bank ETF's latest margin purchase amount reached 2.3038 million yuan, with the latest margin balance at 15.4983 million yuan. (Data source: Wind)

As of March 2, Tianhong Bank ETF's net value has risen 44.48% over the past three years, ranking in the top 3 among comparable funds. In terms of return capability, as of March 2, 2026, since its inception, Tianhong Bank ETF's highest monthly return was 13.36%, the longest consecutive rising period was 4 months, the longest consecutive rising gain was 11.78%, the average return rate during rising months was 4.15%, and the historical 3-year holding profit probability was 76.58%. As of March 2, 2026, Tianhong Bank ETF's annualized excess return over the benchmark over the past two years was 6.02%, ranking in the top 3 out of 8 comparable funds.

In terms of drawdown, as of March 2, 2026, Tianhong Bank ETF's maximum drawdown year-to-date was 7.45%, with a relative benchmark drawdown of 0.04%.

In terms of fees, Tianhong Bank ETF has a management fee of 0.50% and a custody fee of 0.10%.

In terms of tracking accuracy, as of March 2, 2026, Tianhong Bank ETF's tracking error over the past year was 0.070%, demonstrating the highest tracking precision among comparable funds.

From a valuation perspective, the CSI Bank Index tracked by Tianhong Bank ETF has a latest price-to-earnings ratio (PE-TTM) of only 6.59 times, at the 19.53rd percentile over the past year, meaning the valuation is lower than 80.47% of the time over the past year, placing it at a historical low.

Tianhong Bank ETF closely tracks the CSI Bank Index. To reflect the overall performance of securities of companies in different industries among CSI All Share Index constituents and provide analytical tools for investors, the CSI All Share Index samples are classified into 11 first-level industries, 35 second-level industries, over 90 third-level industries, and over 200 fourth-level industries according to the CSI Industry Classification. All securities entering each first, second, third, and fourth-level industry are then used as samples to compile indices, forming the CSI All Share Industry Indices.

China Galaxy Securities stated that the Politburo meeting established the tone for the "15th Five-Year Plan" and its opening year, with the macro policy orientation of seeking progress while maintaining stability and being proactive remaining unchanged, which benefits bank operations and transformation. Attention should be paid to specific policy arrangements at the upcoming National Two Sessions. Passive capital net outflows continue to converge, and the banking industry's net profit growth rate continued to recover in 2025. Watch for the low valuation configuration window in the banking sector. In an environment of low interest rates and accelerated entry of medium- to long-term funds, the banking sector's high dividend and low valuation dividend attributes remain attractive to long-term funds such as insurance capital, accelerating valuation pricing reconstruction.

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.