
The Shanghai Composite Index fluctuates around 4000 points, and the dividend strategy becomes a preferred choice for risk aversion. This article decodes the "volatility-resistant" index gene of the China Merchants CSI Dividend

Since April, the Shanghai Composite Index has been fluctuating around the 4,000-point mark, with the market lacking a strong main line. In an environment of increased volatility, the dividend strategy, with its inherent anti-volatility properties, continues to attract capital inflows. The China Merchants CSI Dividend ETF (515080) has reached a scale of 9.209 billion yuan, setting a new historical high. The China Merchants CSI Dividend Index uses dividend yield weighting, avoiding chasing highs and selling lows, creating a "buy low, sell high" rebalancing effect, covering mature industries and effectively diversifying risks. Compared to other dividend indices, the China Merchants CSI Dividend sample space is broader, with dividend yield weighting highlighting high dividend characteristics and requiring high dividend stability

