Institutions claim that the dividend style may have a rebound opportunity in the short term, and investors can take advantage of the S&P Dividend ETF to accumulate positions at low prices

On March 4th, by noon, the S&P Dividend ETF fell by 0.19%, with a transaction volume of 3.6887 million yuan. The constituent stocks showed mixed performance; on the upside, Aopu led the gains, followed by Sanqi Interactive Entertainment; on the downside, Yongxing Materials led the declines, with Chongqing Department Store following. Soochow Securities stated that under the current circumstances where profit margins have not yet opened up, the conditions for the market to shift to fundamental trading are not yet mature. Even with important meetings approaching, market expectations for policies have returned to rationality, making it difficult to achieve significant excess returns based on policy speculation. Therefore, the probability of a style switch remains low; the pro-cyclical/dividend style may have opportunities for a catch-up in the short term, but this is more a result of market capital rebalancing