For example, in the new energy field alone, there are ETF products with different themes such as new energy vehicles, photovoltaics, energy storage, batteries, and low carbon. At present, the ETFs deployed by various companies in the new energy track mainly include new energy veh

reporter for every journal: Huang Xiaocong editor for every journal: Peng Shuiping

Among ETF products, one of the biggest changes in recent years is that the industry is becoming more and more subdivided and the themes are becoming more and more diverse.

For example, in the new energy field alone, there are ETF products with different themes such as new energy vehicles, photovoltaics, energy storage, batteries, and low carbon.

In this issue of "Shared Fundamentals" we will focus on the four major themes of new energy, technology, consumption, and medicine to learn about the current main ETF products in these tracks.

1, New Energy

Currently, the ETFs deployed by various companies in the new energy track mainly include new energy vehicles, photovoltaics, energy storage, batteries, low carbon, etc. Among them, low carbon has the widest scope, covering almost all subdivisions of new energy, such as carbon neutrality related ETFs, tracking the CSI Shanghai Environmental Exchange carbon neutral index.

Looking at the top ten heavyweight stocks in the index, we can see that it includes stocks in the battery, photovoltaic, electric power and other industries, with a relatively wide coverage.

is further subdivided. In terms of new energy vehicles, many new energy vehicle ETFs currently track the CSI new energy vehicle index. The top ten heavyweight stocks in the index are as follows:

It can be seen that they mainly involve companies such as batteries, complete vehicles, and diaphragm materials.

Energy storage and battery are equivalent to further subdivisions. Currently, battery-themed ETFs mainly track the CSI Battery Theme Index, while energy storage tracks the CSI Energy Storage Theme Index. From the top ten heavyweight stocks in the two indexes below, we can find that individual stocks have very obvious similarities, but in the CSI Energy Storage Theme Index, the top few weights account for a higher proportion.

(CSI Battery Theme Index)

(CSI Energy Storage Theme Index)

Photovoltaics is another popular segment in the new energy field, and tens of billions of products have also appeared. The representative works are Huatai-Berry CSI Photovoltaic Industry ETF. This ETF tracks the CSI Photovoltaic Industry Index, and there are many bull stocks among the top ten heavyweight stocks in the index.

For these relatively mainstream new energy indexes, investors can make corresponding choices based on some conditions of heavyweight stocks. For example, those who want wider coverage can choose dual carbon, and those who want more concentration can choose more segmented new energy vehicles, batteries and even energy storage.

2, Technology

Technology track, in addition to technology-themed ETFs with relatively broad coverage, there are also further subdivided themes. For example, semiconductors, chips, 5G communications, etc. have attracted relatively high attention in recent years.

currently has technology-themed ETFs, mainly technology leading ETFs, which track the CSI Technology Leading Index. However, the overall scale is not large, with a total of less than 10 billion yuan. Larger-scale products such as Huabao CSI Technology Leading ETF.

The top ten heavyweight stocks of the index are as follows. It can be found that some biotechnology-related companies are also included, and the coverage is relatively wide.

Investors are currently not as interested in pan-tech as in subdivided semiconductors, chips, etc. The overall scale of these more subdivided ETFs is over 10 billion.

Let’s first look at semiconductor-related ETFs. There are several major indexes currently tracked. One is the China Exchange Service Semiconductor Chip Industry Index, the second is the National Securities Semiconductor Chip Index, and the third is the CSI Semiconductor Products and Equipment Index.

Judging from the top ten heavyweight stocks in the above three indexes, there are also many overlapping stocks. However, from the perspective of concentration, the top ten weight stocks of the National Securities Semiconductor Chip Index have a relatively high proportion, and the concentration is more obvious.

The representative products currently tracking these three indexes are Cathay CES Semiconductor Chip ETF, China Securities Semiconductor Chip ETF and Guolian CSI All-Index Semiconductor ETF.

3, consumption

Consumption has always been a track that attracts a lot of attention from investors, which can be subdivided into sub-sectors such as food and beverages, consumer electronics , among which food and beverages and further subdivided alcohol ETFs are the highlight of the consumer field, and the overall scale is relatively large.

Currently, among these consumption-themed ETFs, the alcohol ETF is the largest and mainly tracks the CSI Liquor Index. This index is actually the easiest for ordinary investors to understand and understand. The top ten heavyweight stocks of

are as follows, all of which are major alcohol companies, among which the majority are listed liquor companies.

From the perspective of food and beverage related ETFs, the currently larger Tianhong CSI Food and Beverage ETF mainly tracks the CSI Food and Beverage Index. In addition to liquor companies, the top ten heavyweight stocks also include companies such as condiments and meat.

4, Medicine

Medicine is also a very popular track. In addition to the traditional ETFs covering the entire pharmaceutical industry and ETFs focusing on leading pharmaceutical companies, there have been many subdivided categories in recent years, such as medical care, biomedicine , medical equipment , health care, traditional Chinese medicine, etc. You can find corresponding ETFs.

Let’s first look at the products that track the CSI Medical Index. The Huabao CSI Medical ETF is currently relatively large. The top ten heavyweight stocks in the index include CXO, medical beauty stocks.

Biopharmaceutical ETFs are also products in which investors are more involved. Larger ones such as the Cathay CSI Biopharmaceutical ETF mainly track the CSI Biopharmaceutical Index. Judging from the top ten heavyweight stocks in the index, the concentration is also very high, especially the top three heavyweight stocks, which account for more than 43% in total.

The traditional Chinese medicine ETF is a new product this year. Although the scale is not large at present, the attention is still relatively high. There are currently three products, which mainly track the CSI Traditional Chinese Medicine Index.

The top ten heavyweight stocks in the index include many "time-honored brands" in the field of traditional Chinese medicine, such as Yunnan Baiyao , Pien Tze Huang, Tong Ren Tang , etc. For investors, this is a relatively subdivided area in the pharmaceutical field, and it is also quite distinctive. If you want to buy time-honored drug stores with one click, these ETFs are a better choice.

Judging from the ETFs in these subdivisions, although the themes are similar, there are still some differences between different products. Investors can further compare and judge through the indexes they track. In the next issue, we will further talk about some techniques for ETF investment.

Daily Economic News