Obvious Short-term Sector Correction,Tianhong CSI Electronic ETF(159997) Drops 2.62% Intraday

NewTimeSpace News: As of 14:28 on March 26, 2026, the CSI Electronics Index (930652) dropped 2.60%. Its constituent stocks saw a mixed performance, with China Great Wall leading the gains by 2.32%, Transsion Holdings up 1.08% and Hygon Information up 0.78%; Huazhong Numerical Control led the declines by 9.07%, Sanan Optoelectronics down 7.52% and GigaDevice Semiconductor down 6.53%. The Tianhong CSI Electronic ETF(159997) fell 2.62% to the latest price of RMB 1.56. Over a longer time frame, as of March 25, 2026, the Tianhong CSI Electronic ETFhad a cumulative increase of 39.60% in the past year. (The stocks listed above are only constituent stocks of the index and do not constitute any specific investment recommendation.)

In terms of liquidity, the Tianhong CSI Electronic ETFrecorded an intraday turnover rate of 2.41% with a trading volume of RMB 28.5477 million. Over a longer time frame, as of March 25, the average daily trading volume of the Tianhong CSI Electronic ETFstood at RMB 50.1858 million in the past month.

In terms of scale, the latest size of the Tianhong CSI Electronic ETFreached RMB 1.197 billion. (Data source: Wind)

Data showed that leveraged funds have continued to build positions in the fund. The latest margin purchase volume of the Tianhong CSI Electronic ETFhit RMB 3.2593 million, with the latest margin balance standing at RMB 15.5732 million. (Data source: Wind)

As of March 25, the net asset value (NAV) of the Tianhong CSI Electronic ETFhad risen 85.20% in the past two years, ranking 289th among 2,617 index equity funds and placing it in the top 11.04%. In terms of earnings capacity, as of March 25, 2026, since its inception, the Tianhong CSI Electronic ETFhas achieved a maximum monthly return of 26.39%, a longest consecutive monthly gain of 4 months with a cumulative increase of 65.50% during the period, and a ratio of up months to down months of 40:32. The average return in up months was 6.52%, with an annual profit ratio of 80.00%. As of March 25, 2026, the Tianhong CSI Electronic ETFhas an annualized excess return over the benchmark of 4.83% since its establishment.

As of March 20, 2026, the Sharpe ratio of the Tianhong CSI Electronic ETFwas 1.27 for the past two years.

In terms of drawdown, as of March 25, 2026, the Tianhong CSI Electronic ETFhad a relative drawdown of 0.04% against the benchmark since the beginning of the year.

In terms of fees, the Tianhong CSI Electronic ETFhas a management fee rate of 0.50% and a custodian fee rate of 0.10%.

In terms of tracking accuracy, as of March 25, 2026, the tracking error of the Tianhong CSI Electronic ETFwas 0.008% in the past month.

The Tianhong CSI Electronic ETFclosely tracks the CSI Electronics Index, which selects listed company securities engaged in businesses such as semiconductor manufacturing, computer and peripheral device production, as well as electronic and consumer electronics production as index samples, reflecting the overall performance of electronics-related listed companies.

Data showed that as of February 27, 2026, the top 10 weight stocks of the CSI Electronics Index (930652) were Luxshare Precision, Cambricon, Hygon Information, SMIC, Foxconn Industrial Internet, NAURA Technology, GigaDevice Semiconductor, Montage Technology, Shenghong Technology and BOE A in turn, accounting for a total of 35.62% of the index weight. (The stocks listed above are only constituent stocks of the index and do not constitute any specific investment recommendation.)

CGS stated that the consumer electronics industry index has recorded a change of -13.38% in the past month, the electronics industry index a change of -10.36%, and the CSI 300 Index a change of -5.2%.

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