NewTimeSpace News:As of 13:57 on March 13, 2026, the CSI Food & Beverage Index (930653) rose 0.75%. Its component stocks saw notable gains, with Yongshuntai up 5.71%, Sanyuan Foods up 5.16%, Arawana Holdings up 3.86%, Chongqing Beer up 3.23% and Jinhe Industrial up 2.95%. Tianhong CSI Food And Beverage ETF(159736) rose 0.46% to a latest price of RMB 0.66. In the longer term, as of March 12, 2026, the ETF had a cumulative increase of 1.54% in the past week. (The stocks listed above are only index components and do not constitute any specific investment recommendation.)

In terms of liquidity, Tianhong CSI Food And Beverage ETFrecorded an intraday turnover rate of 0.55% with a trading volume of RMB 28.9984 million. As of March 12, it had an average daily trading volume of RMB 22.0127 million in the past month.

In terms of scale, the latest scale of Tianhong CSI Food And Beverage ETFreached RMB 5.22 billion. (Data source: Wind)

In terms of earnings capacity, as of March 12, 2026, since its inception, Tianhong CSI Food And Beverage ETFhas achieved a maximum monthly return of 26.10%, a longest streak of rising months of 4 months with a cumulative gain of 35.39% during the streak, and an average monthly return of 5.34% in rising months. As of March 12, 2026, the ETF had an annualized excess return of 2.80% over the benchmark in the past two years.

In terms of drawdown, as of March 12, 2026, the ETF's maximum drawdown year-to-date stood at 8.78%, with a drawdown of 0.05% relative to the benchmark.

In terms of fees, Tianhong CSI Food And Beverage ETFhas a management fee rate of 0.50% and a custodian fee rate of 0.10%.

In terms of tracking accuracy, as of March 12, 2026, the ETF had a tracking error of 0.008% in the past month.

From a valuation perspective, the latest price-to-earnings ratio (PE-TTM) of the CSI Food & Beverage Index, which is tracked by Tianhong Food & Beverage ETF, was only 20.8 times, at the 1.92% quantile of the past year. This means the valuation was lower than that in more than 98.08% of the time over the past year, standing at a historically low level.

Tianhong CSI Food And Beverage ETFclosely tracks the CSI Food & Beverage Index, which selects securities of listed companies engaged in the wine, beverage and food industries as index samples, reflecting the overall performance of listed companies related to the food and beverage sector.

Data showed that as of February 27, 2026, the top 10 weight stocks of the CSI Food & Beverage Index (930653) were Kweichow Moutai, Wuliangye Yibin, Yili Group, Luzhou Laojiao, Shanxi Fenjiu, HADAY Flavoring, Dongpeng Beverage, Yanghe Brewery, Shuanghui Development and Angel Yeast, accounting for a total of 56.92% of the index weight. (The stocks listed above are only index components and do not constitute any specific investment recommendation.)

CMB Post Securities stated that the catering industry achieved steady growth at the start of 2026 driven by the Spring Festival peak season, with leading enterprises showing strong resilience in customer flow and performance. The snack industry maintained its recovery trend overall, yet performance diverged across different categories, channels and companies.

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