---
title: "The PE valuation of the CS Rare Metal Index is lower than approximately 95% of the time over the past year, presenting a low-position layout opportunity for the low-fee Huaxia Rare Metal ETF (159053)."
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/43478682.md"
description: "On August 19, major A-share indices fell collectively, pressuring market sentiment. As of 13:58, the Shanghai Composite Index dropped 2.33%, while the Shenzhen Component and ChiNext indices fell 4.50% and 5.56%, respectively. Impacted by the broader market, the non-ferrous metals sector also pulled back; Huaxia Rare Metals ETF (159053) declined 4.19% with intraday turnover of RMB 13.91mn. From a valuation perspective, the CSI Rare Metals Theme Index tracked by Huaxia Rare Metals ETF (159053) has a trailing P/E ratio of just 30.16x..."
datetime: "2026-08-19T07:53:51.000Z"
locales:
  - [en](https://longbridge.com/en/topics/43478682.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/43478682.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/43478682.md)
author: "[同壁财经](https://longbridge.com/en/profiles/26505347.md)"
generator: "portal-rs"
---

# The PE valuation of the CS Rare Metal Index is lower than approximately 95% of the time over the past year, presenting a low-position layout opportunity for the low-fee Huaxia Rare Metal ETF (159053).

On August 19, major A-share indices fell collectively, weighing on market sentiment. As of 13:58, the Shanghai Composite Index dropped by 2.33%, while the Shenzhen Component Index and ChiNext Index declined by 4.50% and 5.56%, respectively. Impacted by the broader market, the non-ferrous metals sector also pulled back; the Huaxia Rare Metals ETF (159053) fell 4.19%, with intraday trading volume reaching RMB 13.91 million.

From a valuation perspective, the CSI Rare Metals Theme Index tracked by the Huaxia Rare Metals ETF (159053) has a trailing P/E ratio of just 30.16x, sitting at the 5.88th percentile over the past year. This indicates its valuation is lower than 94.12% of the time over the last year, placing it at a historical low (as of August 18, 2026).

The market is currently in a critical transition window. Some institutional views suggest that the systemic repair driven by improved liquidity since August may be nearing its end. Coupled with the concentrated disclosure period for interim reports, the market will likely focus more on structural opportunities supported by solid earnings. In this context, certain upstream resource commodities are gradually highlighting their allocation value due to the certainty of profit improvement.

Recent research reports from multiple brokerages corroborate this logic. CICC noted that the relatively fast growth in PPI YoY has driven up prices for some mid-to-upstream resources, thereby improving corporate performance and leading to high YoY profit growth rates in sectors like steel, petrochemicals, and non-ferrous metals. Furthermore, the report forecasts double-digit growth for non-financial A-share segments in the 2026 interim reports, providing a solid earnings foundation. China Merchants Securities also believes the market will focus on earnings-driven structural opportunities, recommending a balanced layout across tech innovation, corporate globalization, and traditional low-valuation sectors, explicitly identifying non-ferrous metals as a key direction. Amid widening market divergence and valuations at historically high percentiles, finding sectors with valuation advantages and earnings support has become a crucial investment strategy.

The Huaxia Rare Metals ETF (159053) closely tracks the CSI Rare Metals Theme Index, offering one-click access to strategic metal assets such as rare earths, lithium, cobalt, and tungsten. It features the highest exposure to companies like GRINM New Material and Yunnan Germanium Industry across the market, diversifying single-commodity price volatility risk, making it suitable for capturing medium-to-long-term allocation opportunities in strategic minor metals. It boasts the lowest fee rate among similar products in the market.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**