Tianhong CSI Bank ETF(515290) Rises 1.26% Intraday,Institutions: Banking Stocks Boast Prominent Defensive Value

NewTimeSpace News: As of 13:12 on March 31, 2026, the CSI Bank Index (399986) surged 1.16%. Its constituent stocks posted robust gains, with Agricultural Bank of China up 4.01%, Bank of China rising 3.88%, Hua Xia Bank climbing 2.50%, and Bank of Qingdao, Shanghai Pudong Development Bank and other individual stocks following the upward trend. Tianhong CSI Bank ETF(515290) advanced 1.26% to the latest price of RMB 1.44. Over a longer timeframe, as of March 30, 2026, Tianhong CSI Bank ETFhad recorded a cumulative increase of 2.96% in the past week. (The stocks listed above are merely constituent stocks of the index and do not constitute any specific investment recommendation.)

In terms of liquidity, Tianhong CSI Bank ETFsaw an intraday turnover rate of 0.54% with a trading volume of RMB 26.3598 million. On a 1-year basis as of March 30, the ETF had an average daily trading volume of RMB 85.6063 million.

In terms of scale, Tianhong CSI Bank ETFhas achieved a remarkable growth of RMB 1.01 billion in scale over the past year, ranking the 2nd among 9 comparable funds in terms of new scale added. (Data source: Wind)

In terms of shares, the ETF’s outstanding shares have increased by 579 million over the past year with a notable growth, taking the 3rd place among 9 comparable funds in terms of new shares issued. (Data source: Wind)

Data showed that margin funds have been continuously building positions in the ETF. The latest margin purchase amount of Tianhong CSI Bank ETFreached RMB 1.6023 million, with the latest margin balance standing at RMB 13.0464 million. (Data source: Wind)

As of March 30, Tianhong Bank ETF’s net asset value (NAV) has risen 52.41% in the past three years, ranking among the top 3 among comparable funds and placing 155th out of 2,063 index equity funds (top 7.51%). In terms of profitability, as of March 30, 2026, since its inception, the ETF has registered a maximum monthly return of 13.36%, a longest consecutive monthly gain streak of 4 months with a cumulative increase of 11.78% during the streak, an average monthly return of 4.15% in positive months, and a 77.42% historical probability of making profits with a 3-year holding period. Over the past two years, the ETF has achieved an annualized excess return over the benchmark of 6.07%, ranking the top 3 among 8 comparable funds.

As of March 27, 2026, Tianhong CSI Bank ETFhad a Sharpe Ratio of 1.05 over the past two years, ranking the top 3 among 8 comparable funds, delivering higher returns at the same risk level.

In terms of drawdown, as of March 30, 2026, the ETF has seen a maximum drawdown of 7.45% year-to-date, with a relative drawdown of 0.11% compared to the benchmark.

In terms of fees, the ETF charges a management fee rate of 0.50% and a custodian fee rate of 0.10%.

In terms of tracking accuracy, as of March 30, 2026, Tianhong CSI Bank ETFhad a tracking error of 0.054% in the past six months, boasting the highest tracking accuracy among comparable funds.

Tianhong CSI Bank ETFclosely tracks the CSI Bank Index. Designed to reflect the overall performance of securities of companies in different industries included in the CSI All-Share Index sample and provide an analytical tool for investors, the CSI All-Share Index sample is classified into 11 first-tier industries, 35 second-tier industries, more than 90 third-tier industries and over 200 fourth-tier industries according to the CSI Industry Classification. Indices are then compiled with all securities in each of the first, second, third and fourth-tier industries as samples, forming the CSI All-Share Industry Indices.

Data showed that as of February 27, 2026, the top 10 weight stocks of the CSI Bank Index (399986) were China Merchants Bank, Industrial Bank, Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of Communications, Bank of Jiangsu, Shanghai Pudong Development Bank, Ping An Bank, Bank of Ningbo and Minsheng Bank respectively, with the combined weight of the top 10 stocks accounting for 63.76%. (The stocks listed above are merely constituent stocks of the index and do not constitute any specific investment recommendation.)

CHANGJIANG SECURITIES stated that at the current juncture, against the backdrop of a systemic decline in market risk appetite, banking stocks, which have undergone adjustments for three quarters, exhibit prominent defensive value.

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