Pengyang CSI Scientific Innovation And Entrepreneurship 50 ETF (588350) rises 4.68% in morning trading, with the latest scale reaching 1.354 billion yuan

NewTimeSpace (newtimespace.com) News, as of 10:57 on June 3, 2026, Penghua STAR and ChiNext 50 ETF (588350) rose 4.68%, with the latest price at 2.08 yuan. Over a longer time frame, as of June 2, 2026, the ETF accumulated a gain of 5.58% over the past two weeks. (The stocks listed above are only index constituents and do not constitute any specific recommendation.)

In terms of liquidity, Penghua STAR and ChiNext 50 ETF recorded an intraday turnover rate of 0.27% and a trading volume of 3.7222 million yuan. Over a longer time frame, as of June 2, the ETF's average daily trading volume over the past week reached 8.2255 million yuan.

In terms of scale, the latest scale of Penghua STAR and ChiNext 50 ETF reached 1.354 billion yuan. (Data source: Wind)

As of June 2, the net value of Penghua STAR and ChiNext 50 ETF rose by 177.58% over the past two years, ranking 99/2774 among equity index funds, placing it in the top 3.57%. From the perspective of return capability, as of June 2, 2026, since its inception, the ETF achieved a highest single-month return of 33.21%, a longest streak of consecutive up months of 5 months, a maximum cumulative gain during that streak of 76.73%, an average return of 10.23% in up months, an annual positive return percentage of 66.67%, and a probability of positive return after a 3-year holding period of 100.00%. As of June 2, 2026, the ETF's annualized excess return over its benchmark for the past three months was 5.34%, ranking in the top 3/15 among comparable funds.

As of May 29, 2026, the one-year Sharpe ratio of Penghua STAR and ChiNext 50 ETF was 3.09.

In terms of drawdown, as of June 2, 2026, the maximum drawdown of Penghua STAR and ChiNext 50 ETF since the beginning of the year was 9.37%, with a drawdown of 0.13% relative to its benchmark. The number of days to recover after the drawdown was 10 days, reflecting relatively fast recovery among comparable funds.

In terms of fees, Penghua STAR and ChiNext 50 ETF has a management fee rate of 0.50% and a custodian fee rate of 0.10%.

In terms of tracking accuracy, as of June 2, 2026, the one-month tracking error of Penghua STAR and ChiNext 50 ETF was 0.020%.

Penghua STAR and ChiNext 50 ETF closely tracks the CSI STAR and ChiNext 50 Index. The CSI STAR and ChiNext 50 Index selects 50 securities of listed companies in emerging industries with relatively large market capitalization from the STAR Market and ChiNext Board as index constituents, in order to reflect the overall performance of the securities of representative emerging industry listed companies in the above markets.

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