China Universal CSI Photovoltaic Industry ETF(516290) Rises 1.38%, with Latest Price at RMB 0.51

NewTimeSpace (newtimespace.com) News, – As of 10:38 on August 3, 2026, CUAM Photovoltaic ETF (516290) rose 1.38%, with its latest price at RMB 0.51. Over a longer horizon, as of July 31, 2026, the ETF had accumulated a gain of 0.60% over the past week.

In terms of liquidity, CUAM Photovoltaic ETF recorded a turnover rate of 2.23% during the session, with trading volume reaching RMB 8.5813 million. Over a longer period, as of July 31, the ETF’s average daily turnover over the past year was RMB 40.1061 million.

As of July 31, the net value of CUAM Photovoltaic ETF had risen 18.50% over the past 2 years. In terms of return capability, as of July 31, 2026, since its inception, the ETF achieved a highest single‑month return of 24.54%, a longest consecutive winning streak of 5 months with a cumulative gain of 55.70%, and an average monthly return of 8.27% during up months. As of July 31, 2026, the ETF’s excess annualized return over its benchmark since inception was 1.82%.

In terms of drawdown, as of July 31, 2026, the ETF’s year‑to‑date drawdown relative to its benchmark was 0.43%.

On fees, CUAM Photovoltaic ETF charges a management fee of 0.15% and a custody fee of 0.05%, representing the lowest fee structure among comparable funds.

On tracking accuracy, as of July 31, 2026, the ETF’s 3‑year tracking error was 0.034%, representing a relatively high tracking precision among comparable funds.

It is worth noting that the valuation of the CSI Photovoltaic Industry Index, which the fund tracks, is at a historical low. Its latest price‑to‑book (PB) ratio stands at 1.96x, which is lower than the index for more than 94.23% of the time over the past year, offering outstanding valuation attractiveness.

CUAM Photovoltaic ETF closely tracks the CSI Photovoltaic Industry Index. The index selects no more than 50 representative listed company securities whose primary businesses involve the upstream, midstream, and downstream segments of the photovoltaic industry chain as index samples, reflecting the overall performance of listed companies in the photovoltaic industry.

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