Hwabao WP CSI Subdivision Chemical Industry Theme ETF (516020) Rises 2.54% in Early Trading; Middle East War Drives Up Industry Raw Material Prices

NewTimeSpace News - As of 10:03 on April 7, 2026, the Huabao Chemical Industry ETF (516020) rose 2.54%, with its latest price reaching 0.93 yuan. Looking at a longer timeframe, as of April 3, 2026, the ETF has accumulated a gain of 1.68% over the past two weeks. (The stocks listed above are solely index constituents and do not constitute specific investment recommendations.)

In terms of liquidity, the Huabao Chemical Industry ETF recorded an intraday turnover rate of 0.82% and a trading volume of 49.1342 million yuan. Looking at a longer timeframe, as of April 3, the ETF's average daily trading volume reached 350 million yuan over the past month, ranking among the top 2 comparable funds.

Regarding fund size, the Huabao Chemical Industry ETF has grown by 5.443 billion yuan over the past year, representing a significant increase and ranking 3rd among 6 comparable funds in terms of new asset inflows. (Data source: Wind)

In terms of fund shares, the Huabao Chemical Industry ETF increased by 2.943 billion shares over the past six months, achieving substantial growth and ranking 3rd among 6 comparable funds in terms of new share additions. (Data source: Wind)

Data indicates continued positioning by leveraged funds. The Huabao Chemical Industry ETF recorded a margin purchase of 5.3422 million yuan in the latest session, with its latest margin balance reaching 62.9919 million yuan. (Data source: Wind)

As of April 3, the Huabao Chemical Industry ETF has gained 48.33% over the past year, ranking 460th among 3,678 equity index funds, placing it in the top 12.51%. In terms of return capability, as of April 3, 2026, since its inception, the ETF has achieved a maximum monthly return of 21.66%, a maximum consecutive rising period of 10 months, a maximum consecutive gain of 75.49%, and an average monthly return of 6.42% during rising months. As of April 3, 2026, the Huabao Chemical Industry ETF has outperformed its benchmark by 3.17% in annualized returns since inception.

As of April 3, 2026, the Huabao Chemical Industry ETF's Sharpe ratio over the past year was 1.84.

Regarding drawdown, as of April 3, 2026, the Huabao Chemical Industry ETF's relative benchmark drawdown this year was 0.14%, demonstrating relatively lower drawdown risk among comparable funds.

In terms of fee structure, the Huabao Chemical Industry ETF charges a management fee of 0.50% and a custody fee of 0.10%.

For tracking accuracy, as of April 3, 2026, the Huabao Chemical Industry ETF's tracking error over the past six months was 0.014%, achieving relatively high tracking precision among comparable funds.

The Huabao Chemical Industry ETF closely tracks the CSI Chemical Industry Subdivision Theme Index. The CSI Subdivision Industry Theme Index series comprises 7 indices including Subdivision Nonferrous Metals and Subdivision Machinery, which respectively select listed companies with relatively large scale and good liquidity from related subdivision industries as index constituents to reflect the overall performance of listed companies in these subdivision industries.

On the news front, affected by the Middle East war, raw material costs (toluene, etc.) plus SABIC (which holds 70% global PPO market share) has seen its Saudi factory producing PPO monomers shut down due to natural gas issues, expected to impact 25-30% of capacity. SABIC has initiated price increases for high-end resins: PPO unit price has risen from 650,000 to 1,000,000 yuan per ton; ODV hydrocarbon unit price has risen from 1,800,000 to 2,500,000 yuan per ton.

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