NewTimeSpace News:As of 13:06 on March 3, 2026, the CSI Coal Index (399998) surged 3.61%. Its constituent stocks all posted strong gains, with Shaanxi Black Cat rising 10.06%, Yankuang Energy up 9.55% and China Coal Energy increasing 8.52%. Dayou Energy, Lanhua Science and Technology and other stocks followed the upward trend.Guotai CSI Coal ETF (515220) climbed 3.62%, charging towards a third consecutive rise, with the latest price at 1.29 yuan. In the longer term, as of March 2, 2026, theGuotai CSI Coal ETF had a cumulative increase of 8.65% in the past week. (The stocks listed above are only constituent stocks of the index and do not constitute any specific investment recommendation.)

In terms of liquidity, theGuotai CSI Coal ETF recorded an intraday turnover rate of 9.86% with a trading volume of 972 million yuan. Over a longer period, as of March 2, its average daily trading volume in the past month stood at 876 million yuan.

In terms of scale, the latest size of theGuotai CSI Coal ETF hit 9.795 billion yuan, a one-month new high. (Data source: Wind)

Data indicated that leveraged funds have been continuously building positions in the product. TheGuotai CSI Coal ETF has seen net purchases by leveraged funds for five consecutive days, with the maximum single-day net purchase reaching 81.7691 million yuan, and the latest margin balance standing at 323 million yuan. (Data source: Wind)

As of March 2, the net asset value of theGuotai CSI Coal ETF has risen 119.57% in the past five years, ranking 21st among 1,137 index equity funds and placing it in the top 1.85%. In terms of profitability, as of March 2, 2026, since its establishment, theGuotai CSI Coal ETF has achieved a maximum monthly return of 30.48%, a longest streak of 8 consecutive monthly gains with a cumulative increase of 91.06% during the period, a ratio of up months to down months of 45:28, an average return of 6.25% in up months and an annual profitability rate of 80.00%. The historical probability of making a profit with a 2-year holding period is 82.65%. As of March 2, 2026, the ETF has delivered an annualized excess return over the benchmark of 7.91% since its launch.

As of February 27, 2026, the one-month Sharpe ratio of theGuotai CSI Coal ETF was 1.07.

In terms of drawdown, as of March 2, 2026, the maximum drawdown of theGuotai CSI Coal ETF since the start of the year was 6.16%, with a relative benchmark drawdown of 0.11%, and it only took 2 days to recover from the drawdown.

In terms of fees, the management fee rate of theGuotai CSI Coal ETF is 0.50% and the custodian fee rate is 0.10%.

In terms of tracking accuracy, as of March 2, 2026, the three-month tracking error of theGuotai CSI Coal ETF was 0.007%.

TheGuotai CSI Coal ETF closely tracks the CSI Coal Index, which selects listed company securities engaged in coal mining, coal processing and other related businesses as index samples, reflecting the overall performance of coal-related listed company securities.

Data showed that as of February 27, 2026, the top 10 weight stocks of the CSI Coal Index (399998) were Shaanxi Coal Industry, Yankuang Energy, China Shenhua, China Coal Energy, Shanxi Coking Coal, Huayang Co., Ltd., Lu'an Environmental Energy, Meijin Energy, Huaibei Mining and Jinkong Coal Industry, with the top 10 weight stocks accounting for a total of 66.27% of the index. (The stocks listed above are only constituent stocks of the index and do not constitute any specific investment recommendation.)

Datong Securities stated that against the backdrop of domestic supply constraints and a tight global energy structure, the price of thermal coal will recover to a reasonable range and fluctuate narrowly in the mid-to-long term. For coking coal, market trading activity is gradually recovering in the short term, with marginal improvements in supply and demand supporting price stabilization. In the mid-to-long term, as the expected demand for the downstream steel industry warms up in the peak season and expectations of overseas supply contraction intensify, coking coal prices are expected to rebound gradually.

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.