Low Volatility Coexists with Resilient Uplift,Maxwealth CSI Shanghai-Shenzhen-Hong Kong Gold Industry Commodity ETF(517520) Falls 0.89% Intraday

NewTimeSpace News: As of 13:28 on April 3, 2026, the CSI SSE-HKEX Gold Industry Stock Index (931238) dropped 0.39%. Component stocks were mixed: Shandong Gold International led gains with 1.01%, Shandong Gold rose 0.62%, and China National Gold Group gained 0.57%; Dengyun Auto Parts led declines with 4.85%, Mingpai Jewelry fell 4.26%, and Xiaocheng Technology dropped 3.60%.Maxwealth CSI Shanghai-Shenzhen-Hong Kong Gold Industry Commodity ETF(517520) lost 0.89% to RMB 2.24. Over the longer term, as of April 2, 2026, the ETF had risen 5.92% in the past week, ranking 2nd out of 6 comparable funds. (Stocks listed are index components only, not investment recommendations.)

In terms of liquidity, the ETF posted an intraday turnover rate of 1.14% and trading volume of RMB 149 million. As of April 2, its average daily trading volume in the past week reached RMB 770 million, ranking first among comparable funds.

In terms of size, the ETF added RMB 1.298 billion in assets under management in the past week, marking notable growth and ranking in the top 1/6 among peers. (Source: Wind)

In terms of shares outstanding, the ETF increased by 406 million units in the past week, marking notable growth and ranking in the top 1/6 among peers. (Source: Wind)

In terms of capital inflows, the ETF recorded a latest net inflow of RMB 452 million. Over the past 5 trading days, 3 sessions saw net inflows, totaling RMB 889 million, with an average daily net inflow of RMB 178 million. (Source: Wind)

Leverage capital has continued to allocate to the ETF. Its latest margin purchase amount reached RMB 50.4854 million, with margin balance standing at RMB 236 million. (Source: Wind)

As of April 2, the ETF’s net value surged 74.96% in the past year, ranking first among comparable funds and 93rd out of 3,675 index equity funds, in the top 2.53%. Since inception, its best single-month return was 39.65%, longest winning streak 4 months (up 40.27%), with a winning-losing month ratio of 15/14, average return of 11.43% in winning months, annual profitability rate of 100.00%, and 100.00% probability of profit for a 2-year holding period. Over the past year, it outperformed its benchmark by an annualized 1.48%, ranking first out of 6 comparable funds.

As of March 27, 2026, the ETF’s one-year Sharpe ratio stood at 1.58, ranking in the top 2/6 among peers, delivering higher returns for equivalent risk.

In terms of drawdown, its tracking error relative to the benchmark since inception was 1.86% as of April 2.

In terms of fees, the ETF charges a management fee of 0.50% and a custody fee of 0.10%, which are relatively low among comparable funds.

In terms of tracking accuracy, its six-month tracking error was 0.046% as of April 2, the highest precision among comparable funds.

Maxwealth CSI Shanghai-Shenzhen-Hong Kong Gold Industry Commodity ETFclosely tracks the CSI SSE-HKEX Gold Industry Stock Index, which selects 50 large‑market‑cap listed companies engaged in gold mining, smelting and sales from mainland China and Hong Kong markets to reflect the overall performance of gold industry listed firms.

As of March 31, 2026, the top 10 constituent stocks of the CSI SSE-HKEX Gold Industry Stock Index (931238) were Zijin Mining, China National Gold Group, Shandong Gold, Chifeng Gold, Shandong Gold International, Zhaojin Mining, Hunan Gold, Zijin Gold International, Shandong Gold, and Zijin Mining, accounting for a combined 63.63% of index weight. (Stocks listed are index components only, not investment recommendations.)

SCS stated that looking ahead, gold price trends will revolve around core factors including Middle East geopolitical tensions, inflation and employment data validation, Federal Reserve policy path calibration, and U.S. domestic policy games. Different drivers may alternately affect market pricing within the month, with price movements continuing to feature event‑driven dynamics and volatile expectations, as low volatility coexists with resilient uplift.

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.