China Universal CSI Consumer Staples ETF(159928) Falls 1.19% Intraday,Institution Notes Fading Spring Festival Consumption Boost and Weakening Catering Chain Recovery

NewTimeSpace News: As of 14:12 on April 3, 2026, the CSI Main Consumption Index (000932) dropped 1.37%. Component stocks were mixed: Yanjing Beer led gains with 6.88%, Adisseo rose 2.63%, and COFCO Sugar gained 1.71%; Jinshiyuan led declines with 4.98%, Beidahuang fell 3.61%, and Gujing Gongjiu dropped 3.51%. China Universal CSI Consumer Staples ETF(159928) lost 1.19% to RMB 0.75. Over the longer term, as of April 2, 2026, the ETF had risen 2.30% in the past week, ranking 2nd out of 5 comparable funds. (Stocks listed are index components only, not investment recommendations.)

In terms of liquidity, the ETF posted an intraday turnover rate of 0.81% and trading volume of RMB 164 million. As of April 2, its average daily trading volume in the past year reached RMB 522 million, ranking first among comparable funds.

In terms of size, the ETF added RMB 5.426 billion in assets under management in the past year, marking notable growth and ranking in the top 1/5 among peers. (Source: Wind)

In terms of shares outstanding, the ETF increased by 390 million units in March 2026, marking notable growth and ranking in the top 1/5 among peers. (Source: Wind)

Leverage capital has continued to allocate to the ETF. Its latest margin purchase amount reached RMB 16.8248 million, with margin balance standing at RMB 417 million. (Source: Wind)

In terms of performance, as of April 2, since inception, the ETF’s best single-month return was 24.60%, longest winning streak 10 months (up 49.28%), with a winning-losing month ratio of 85/66, average return of 5.78% in winning months, and 71.34% probability of profit for a 3-year holding period. Over the past year, it outperformed its benchmark by an annualized 2.72%.

In terms of drawdown, its maximum drawdown year-to-date was 8.83%, with a tracking error relative to the benchmark of 0.07% as of April 2.

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

In terms of tracking accuracy, its 10-year tracking error stood at 0.043% as of April 2, the highest precision among comparable funds.

On valuation, the CSI Main Consumption Index tracked by the ETF had a latest PE-TTM of only 19.49x, at the 19.42nd percentile over the past three years—meaning its valuation was lower than 80.58% of the time in the past three years, near historical lows.

China Universal CSI Consumer Staples ETFclosely tracks the CSI Main Consumption Index. To reflect the overall performance of securities from different industries in the CSI 800 Index sample and provide investors with analytical tools, the CSI 800 Index sample is divided by CSI industry classification into 11 first-level industries and 35 second-level industries. Indices are then compiled using all securities in each level of industry as samples, forming the CSI 800 Industry Indices.

As of March 31, 2026, the top 10 constituent stocks of the CSI Main Consumption Index (000932) were Kweichow Moutai, Yili Industrial Group, Wuliangye, Muyuan Foods, Wen's Food, Luzhou Laojiao, Shanxi Fenjiu, Haday Food, Dongpeng Beverage, and Haid Group, accounting for a combined 68.12% of index weight. (Stocks listed are index components only, not investment recommendations.)

Haitong International stated that in March 2026, 8 mandatory consumer sectors saw 4 gains and 4 declines. Frozen food, condiments, catering, and soft drinks posted positive growth, while high-end & above baijiu, mass & below baijiu, dairy products, and beer recorded negative growth. This was mainly due to the fading Spring Festival consumption boost, weakening recovery of the catering chain, sluggish beer terminal demand, uneven recovery in baijiu, stabilizing dairy demand, and steady growth in soft drinks entering the peak season.

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