Tianhong CSI Photovoltaic Industry ETF (159857) Falls 1.74%, Sees Share Growth of 355 Million Units Over the Past Three Months

NewTimeSpace News, as of 13:54 on April 24, 2026, Tianhong Photovoltaic ETF (159857) fell 1.74%, with its latest quoted price at 0.9 yuan. Looking at a longer timeframe, as of April 23, 2026, Tianhong Photovoltaic ETF gained 0.99% over the past week, ranking 3/15 among comparable funds in terms of increase. (The stocks listed above are merely index constituents and do not constitute any specific recommendation.)

In terms of liquidity, Tianhong Photovoltaic ETF recorded an intraday turnover rate of 3.71%, with a trading volume of 87.9489 million yuan. Over a longer horizon, as of April 23, the ETF's average daily turnover over the past year stood at 201 million yuan, ranking in the top 2 among comparable funds.

Regarding scale, the latest AUM of Tianhong Photovoltaic ETF reached 2.397 billion yuan, ranking 2/15 among comparable funds. (Data source: Wind)

In terms of share size, Tianhong Photovoltaic ETF's share count increased by 355 million units over the past three months, achieving significant growth, with the new share increment ranking 1/15 among comparable funds. (Data source: Wind)

Data shows that leveraged funds continue to position themselves. The net margin purchase amount for Tianhong Photovoltaic ETF on the previous trading day reached 1.1154 million yuan, and the latest margin balance stood at 69.1760 million yuan. (Data source: Wind)

As of April 23, Tianhong Photovoltaic ETF's net value increased by 5.23% over the past five years, ranking in the top 2 among comparable funds. In terms of return capability, as of April 23, 2026, since its inception, the ETF achieved a highest single-month return of 24.71%, a longest consecutive gaining streak of five months with a cumulative gain of 83.59%, and an average return of 9.68% during up months. As of April 23, 2026, the ETF's annualized excess return over its benchmark over the past two years was 1.74%, ranking in the top 3/9 among comparable funds.

As of April 17, 2026, Tianhong Photovoltaic ETF's one-year Sharpe ratio was 1.98, ranking in the top 3/10 among comparable funds, delivering higher returns for the same level of risk.

In terms of drawdown, as of April 23, 2026, Tianhong Photovoltaic ETF's relative drawdown versus its benchmark since the beginning of the year was 0.17%, indicating relatively low drawdown risk among comparable funds.

In terms of fees, Tianhong Photovoltaic ETF has a management fee rate of 0.50% and a custody fee rate of 0.10%.

In terms of tracking accuracy, as of April 23, 2026, Tianhong Photovoltaic ETF's six-month tracking error was 0.018%, the highest tracking precision among comparable funds.

Tianhong Photovoltaic ETF closely tracks the CSI Photovoltaic Industry Index. The CSI Photovoltaic Industry Index selects no more than 50 of the most representative listed company securities whose main businesses involve the upstream, midstream, and downstream of the photovoltaic industry chain as index constituents, in order to reflect the overall performance of listed company securities in the photovoltaic industry.

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