The industrial non-ferrous metals ETF with high "aluminum content" Wanjia (560860) turned red against the trend, rising 1.67%.
On March 30, the aluminum industry sector rose over 5%, leading the market. Minfa Aluminum, Chang Aluminum, Jiangshun Technology, and Nanshan Aluminum hit the daily limit up, while Yun Aluminum rose over 9%. Among the top ten constituents of the CSI Industrial Non-Ferrous Metals Theme Index, Luoyang Molybdenum fell 0.85%, Northern Rare Earth fell 0.34%, Aluminum Corporation of China (Chalco) rose 4.63%, Yun Aluminum rose 9.5%, Jiangxi Copper fell 0.25%, Xingye Silver & Tin rose 0.45%, Tongling Nonferrous Metals rose 1.02%, Western Mining rose 0.75%, Xiamen Tungsten fell 2.62%, and Tianshan Aluminum hit the daily limit up.
The Wanjia CSI Industrial Non-Ferrous Metals Theme ETF (ticker: Industrial Metals ETF Wanjia-560860), which has a high "aluminum content," turned green against the trend. As of the close on March 30, the Industrial Metals ETF Wanjia (560860) rose 1.67%, closing at 1.64 yuan.
I. CSI Industrial Non-Ferrous Metals Theme Index: Among non-ferrous metal-related indices, it has the highest aluminum and copper content, benefiting most from economic recovery.
The CSI Industrial Non-Ferrous Metals Theme Index (H11059) covers leading companies in strategic resources such as copper, aluminum, rare earths, tungsten & molybdenum, cobalt & nickel, titanium, lead & zinc. It combines the "industrial backbone" (copper, aluminum) with the "king of new materials" (rare earths, cobalt & nickel), making it an efficient tool to precisely capture trends in the non-ferrous metals sector.
Currently, the indices tracked by ETFs investing in the non-ferrous metals sector mainly include:
H11059 CSI Industrial Non-Ferrous Metals Theme Index, abbreviated as "Industrial Metals"
931892 CSI Non-Ferrous Metals Mining Theme Index, abbreviated as "Non-Ferrous Mining"
930708 CSI Non-Ferrous Metals Index, abbreviated as "CSI Non-Ferrous"
930632 CSI Rare Metals Theme Index, abbreviated as "CS Rare Metals"
399395 SZSE Non-Ferrous Metals Index, abbreviated as "SZSE Non-Ferrous"
000819 CSI Shenwan Non-Ferrous Metals Index, abbreviated as "Non-Ferrous Metals"
000811 CSI Segmented Non-Ferrous Metals Industry Theme Index, abbreviated as "Segmented Non-Ferrous"
Among them, within the Shenwan tertiary industry classification of the CSI Industrial Non-Ferrous Metals Theme Index, copper accounts for 32.1% and aluminum accounts for 18.7%. The combined proportion is the highest among non-ferrous metal-related indices, is highly correlated with industrial demand, and benefits more from PPI growth and economic recovery.
II. Among ETFs tracking the CSI Industrial Non-Ferrous Metals Theme Index: Wanjia CSI Industrial Non-Ferrous Metals Theme ETF (ticker: Industrial Metals ETF Wanjia-560860) is the largest in scale.
As of March 27, the Wanjia CSI Industrial Non-Ferrous Metals Theme ETF (ticker Industrial Metals ETF Wanjia-560860) is the largest in scale (scale exceeding 100 billion yuan) and has the best liquidity (average daily turnover of 647 million yuan in the past month) among ETFs tracking the CSI Industrial Non-Ferrous Metals Theme Index.
ETF products tracking the CSI Industrial Non-Ferrous Metals Theme Index include:
$Wanjia CSI Industry Non-Ferrous Metal Theme ETF(560860.CN) Industrial Metals ETF Wanjia
$Tianhong CSI Industrial Non-ferrous Metal ETF(159157.CN) Non-Ferrous Metals ETF Tianhong
$Penghua CSI Industrial Non-ferrous Metal ETF(159162.CN) Industrial Metals ETF Penghua
$Bosera CSI Industrial Non-ferrous Metal ETF(159171.CN) Industrial Metals ETF Boshi
$Fullgoal CSI Industrial Non-ferrous Metal ETF(159168.CN) Non-Ferrous Metals ETF Fuguo
Among the above ETFs, except for the Industrial Metals ETF Wanjia which has a scale exceeding 100 billion yuan, the scale of other ETFs generally ranges between 2-5.2 billion yuan (data from Wind, as of March 27).
The latest scale of Industrial Metals ETF Wanjia (560860) is 102.6 billion yuan, ranking first in scale among products tracking the CSI Industrial Non-Ferrous Metals Theme Index and is the only product with a scale exceeding 100 billion yuan (data from Wind, as of March 27). The Industrial Metals ETF Wanjia had a total net inflow of 1.938 billion yuan in the past three months, 5.777 billion yuan in the past six months, and 8.133 billion yuan in the past year. Its scale has grown rapidly and is the fastest-growing among products tracking the CSI Industrial Non-Ferrous Metals Theme Index (data from Wind, as of March 27).
III. Among ETFs tracking the CSI Industrial Non-Ferrous Metals Theme Index: Wanjia CSI Industrial Non-Ferrous Metals Theme ETF (ticker: Industrial Metals ETF Wanjia-560860) has the best liquidity.
The Industrial Metals ETF Wanjia had an average daily turnover of 647 million yuan in the past month, with active trading and good liquidity (data from Wind, as of March 27). Other ETF products tracking the CSI Industrial Non-Ferrous Metals Theme Index typically have average daily turnovers ranging from 18 million to 300 million yuan in the past month.
IV. Among ETFs tracking the CSI Industrial Non-Ferrous Metals Theme Index: Wanjia CSI Industrial Non-Ferrous Metals Theme ETF (ticker: Industrial Metals ETF Wanjia-560860) ranks first in gains over the past year and has the highest excess return.
In terms of return performance, the Industrial Metals ETF Wanjia (560860) has cumulatively risen 86.52% in the past year, ranking first in gains among products tracking the CSI Industrial Non-Ferrous Metals Theme Index, making it a high-elasticity choice to capture non-ferrous metals trends (data from Wind, as of March 27).
The Industrial Metals ETF Wanjia (560860) had an excess return of 3.48% over the past year, the highest among products tracking the CSI Industrial Non-Ferrous Metals Theme Index (data from Wind, as of March 27).
V. Wanjia CSI Industrial Non-Ferrous Metals Theme ETF (ticker: Industrial Metals ETF Wanjia-560860): The first ETF in the entire market to track the CSI Industrial Non-Ferrous Metals Theme Index. Its fee rate is at the lowest tier, and it is the only margin trading & short selling (MTSS) eligible and Stock Connect eligible product.
The Industrial Metals ETF Wanjia (560860) was established on February 22, 2023, and is the first ETF in the entire market to track the CSI Industrial Non-Ferrous Metals Theme Index.
The Industrial Metals ETF Wanjia (560860) is the only product among ETFs tracking the CSI Industrial Non-Ferrous Metals Theme Index that is eligible for margin trading and short selling. Its latest margin purchase amount reached 23.368 million yuan, and its latest margin balance reached 153 million yuan, receiving continuous additions from leveraged funds (data from Wind, as of March 27). Meanwhile, the Industrial Metals ETF Wanjia is the only Stock Connect eligible product among ETFs tracking the CSI Industrial Non-Ferrous Metals Theme Index, and is expected to receive additional investments from northbound capital.
The management fee rate of the Industrial Metals ETF Wanjia (560860) is 0.50%, and the custody fee rate is 0.10%. Its fee rate is at the lowest tier among comparable funds (data from Wind, as of March 27).
The Wanjia CSI Industrial Non-Ferrous Metals Theme ETF (ticker Industrial Metals ETF Wanjia-560860) has feeder funds (Wanjia CSI Industrial Non-Ferrous Metals Theme ETF Feeder Fund A: 018489; Wanjia CSI Industrial Non-Ferrous Metals Theme ETF Feeder Fund C: 018490). Off-exchange investors without securities accounts can also conveniently purchase the feeder funds on platforms such as banks and Alipay.
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