Yinhua CSI Photovoltaic Industry ETF(516880) rises 1.44%, aiming for a third consecutive gain

NewTimeSpace (newtimespace.com) News, as of 10:20 on July 23, 2026, Yinhua Photovoltaic ETF (516880) rose 1.44%, aiming for a third consecutive gain. The latest price was 0.70 yuan.

In terms of liquidity, Yinhua Photovoltaic ETF recorded an intraday turnover rate of 1.6% and a trading volume of 10.5270 million yuan. Over a longer time frame, as of July 22, the ETF's average daily trading volume over the past year reached 52.5971 million yuan, ranking in the top 3 among comparable funds.

As of July 22, the net value of Yinhua Photovoltaic ETF rose by 20.31% over the past two years, ranking in the top 2 among comparable funds. From the perspective of return capability, as of July 22, 2026, since its inception, the ETF achieved a highest single-month return of 24.51%, a longest streak of consecutive up months of 5 months, a maximum cumulative gain during that streak of 76.70%, and an average return of 8.89% in up months. As of July 22, 2026, the ETF's annualized excess return over its benchmark for the past three months was 1.43%.

In terms of drawdown, as of July 22, 2026, Yinhua Photovoltaic ETF recorded a drawdown of 0.23% relative to its benchmark since the beginning of the year, reflecting lower drawdown risk among comparable funds.

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

It is worth noting that the valuation of the CSI Photovoltaic Industry Index, which the fund tracks, is at a historical low. The latest price-to-book (PB) ratio is 1.99x, which is lower than over 91.15% of the time in the past year, highlighting attractive valuation.

Yinhua 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 the securities of listed companies in the photovoltaic industry.

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