--- title: "The Tianhong CSI Dividend Low Volatility ETF (159549) had a net subscription of 20 million units yesterday, accumulating nearly 95 million yuan in \"capital absorption\" over the past 5 days. Institutions indicate that the dividend low volatility strategy is a core defensive choice" type: "News" locale: "en" url: "https://longbridge.com/en/news/282764448.md" description: "On April 14th, Tianhong CSI Dividend Low Volatility ETF (159549) had a net subscription of 20 million shares, accumulating nearly 95 million yuan in the past 5 days. The three major indices rose collectively, with the Shanghai Composite Index increasing by 0.95%. This ETF closely tracks the CSI Dividend Low Volatility 100 Index, selecting stocks with good liquidity, consistent dividends, high dividend yields, and low volatility. Zheshang Securities believes that the dividend low volatility strategy is a core defensive choice and recommends focusing on targets with stable performance while avoiding overvalued varieties" datetime: "2026-04-15T01:19:11.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282764448.md) - [en](https://longbridge.com/en/news/282764448.md) - [zh-HK](https://longbridge.com/zh-HK/news/282764448.md) --- # The Tianhong CSI Dividend Low Volatility ETF (159549) had a net subscription of 20 million units yesterday, accumulating nearly 95 million yuan in "capital absorption" over the past 5 days. Institutions indicate that the dividend low volatility strategy is a core defensive choice On April 14, the three major indices collectively rose, with the Shanghai Composite Index up 0.95%, the Shenzhen Component Index up 1.61%, and the ChiNext Index up 2.36%. The CSI Dividend Low Volatility 100 Index rose 0.28%. Among the constituent stocks of this index, Anhui Construction and Jichuan Pharmaceutical rose over 3%, Shanghai Bank and Sheneng Co., Ltd. rose over 2%, while Xiantan Co. and Agricultural Bank rose nearly 2%. In terms of related ETFs, Wind data shows that **the Dividend Low Volatility ETF Tianhong (159549) had a trading volume of CNY 28.2793 million by the close, with a net subscription of 20 million shares and a premium rate of 0.09%**. In terms of capital flow, as of April 13, this ETF had a cumulative net inflow of CNY 94.645 million over the last 5 trading days. The latest circulating share count for this ETF is 4.441 billion shares, with a latest circulating scale of CNY 5.35 billion. Additionally, **the Hong Kong Stock Central Enterprise Dividend ETF Tianhong (159281) had a trading volume of CNY 29.7886 million by the close**. The Dividend Low Volatility ETF Tianhong (159549) closely tracks the CSI Dividend Low Volatility 100 Index, which selects 100 stocks from the Shanghai and Shenzhen A-shares that have good liquidity, continuous dividends, high dividend yields, and low volatility as index sample stocks, using a dividend yield/volatility weighting to reflect the overall performance of high dividend yield and low volatility stocks in the A-share market. The Hong Kong Stock Connect Central Enterprise Dividend ETF Tianhong (159281) closely tracks the Hong Kong Stock Connect Central Enterprise Dividend Index (931233), which selects listed company securities with stable dividend levels and relatively high dividend yields controlled by central enterprises within the Hong Kong Stock Connect scope as index sample stocks, reflecting the overall performance of central enterprise listed company securities with high dividend yields within the Hong Kong Stock Connect scope. **Zheshang Securities** believes that in the current market environment of unclear direction and declining risk appetite, the Dividend Low Volatility strategy is a core defensive choice. This strategy, with its high dividend cash flow and bond floor protection advantages, has strong anti-drawdown characteristics. It is recommended to focus on stable-performing dividend low volatility targets, avoid overvalued varieties, and pay attention to undervalued opportunities that have been mispriced, taking a defensive approach. ### Related Stocks - [560520.CN](https://longbridge.com/en/quote/560520.CN.md) - [159549.CN](https://longbridge.com/en/quote/159549.CN.md) - [515100.CN](https://longbridge.com/en/quote/515100.CN.md) - [000001.CN](https://longbridge.com/en/quote/000001.CN.md) - [399001.CN](https://longbridge.com/en/quote/399001.CN.md) - [399006.CN](https://longbridge.com/en/quote/399006.CN.md) - [600502.CN](https://longbridge.com/en/quote/600502.CN.md) - [600566.CN](https://longbridge.com/en/quote/600566.CN.md) - [601229.CN](https://longbridge.com/en/quote/601229.CN.md) - [600642.CN](https://longbridge.com/en/quote/600642.CN.md) - [002879.CN](https://longbridge.com/en/quote/002879.CN.md) - [601288.CN](https://longbridge.com/en/quote/601288.CN.md) - [01288.HK](https://longbridge.com/en/quote/01288.HK.md) - [159281.CN](https://longbridge.com/en/quote/159281.CN.md) - [601878.CN](https://longbridge.com/en/quote/601878.CN.md) ## Related News & Research - [Keep Your Portfolio Safe With This Low-Volatility ETF](https://longbridge.com/en/news/286604877.md) - [Guardian Ultra-Short U.S. T-Bill Fund ETF declares $0.1448 dividend](https://longbridge.com/en/news/286471588.md) - [VanEck, Grayscale file fresh BNB ETF amendments as race for next altcoin spot ETF accelerates](https://longbridge.com/en/news/286652991.md) - [BNB ETF Could Be Next Big Crypto Breakthrough, Says Bloomberg Analyst](https://longbridge.com/en/news/286639724.md) - [Worried About a Market Crash? 3 Vanguard ETFs Built to Survive](https://longbridge.com/en/news/286880525.md)