--- title: "VP DIV LO VOL ETF is now listed, becoming the only one in the Hong Kong market" type: "News" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/281290474.md" description: "The VP DIV LO VOL ETF was listed in Hong Kong today, becoming the only non-dividend low volatility strategy product in the market. This ETF aims to meet investors' needs to preserve capital in uncertain markets, suitable for those looking for cross-market allocation, stable returns, and long-term compounding. Its strategy combines high dividends and low volatility, emphasizing risk control, covering approximately 65% Hong Kong stocks and 35% US stocks, aiming to diversify market risks and track the Zhong Cheng Xin Hong Kong and US Dividend Low Volatility Index" datetime: "2026-04-01T02:45:20.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281290474.md) - [en](https://longbridge.com/en/news/281290474.md) - [zh-HK](https://longbridge.com/zh-HK/news/281290474.md) --- > 支持的语言: [English](https://longbridge.com/en/news/281290474.md) | [繁體中文](https://longbridge.com/zh-HK/news/281290474.md) # VP DIV LO VOL ETF is now listed, becoming the only one in the Hong Kong market The investment market in 2026 is really hard to grasp! On one hand, there are talks of an interest rate cut cycle approaching, while on the other hand, the geopolitical situation is chaotic, causing the market to fluctuate repeatedly. For ordinary investors in Hong Kong, the biggest headache is not about choosing which products to invest in, but rather the inability to grasp the timing of entering the market: when is the right time to take action? Should they hold cash or enter the market immediately? It is extremely difficult to preserve capital in a market full of uncertainties. With low bank deposit interest rates and unsatisfactory returns on ordinary bonds, even if one wants to earn interest steadily, a significant market drop can easily turn into "earning interest but losing value," where losses can exceed the interest earned. Its appeal does not come from excessive optimism, but rather from meeting the actual needs of investors—allowing cash to stabilize in an uncertain market. In response to these investment pain points, the VP DIV LO VOL ETF (03488) represents an investment approach that deserves investors' attention. It is the only non-dividend-paying Hong Kong and U.S. dividend low-volatility strategy in the Hong Kong market. By forgoing immediate dividends, it aims to amplify the effect of compound interest, making it suitable for long-term investors. It caters to three types of investors: those looking to invest across markets, those seeking relatively stable returns, and those aiming for steady asset growth with a focus on long-term compounding. This is because it combines "high dividends" with "low volatility" in the same strategy. The index tracked by 03488 employs a dividend low-volatility strategy that does not solely focus on dividend yield but uses a "dividend + volatility" dual-factor approach to filter for high-quality stocks with larger market capitalizations, consistent dividend payouts, and relatively smaller price fluctuations. More importantly, it fundamentally avoids high-yield traps. If high dividends are treated as the only indicator, investors may face a typical dilemma: declining stock prices can erode dividends, ultimately leading to earning dividends but losing capital. In contrast, the low volatility factor emphasizes risk control, making this strategy easier to serve as a stabilizing tool in a portfolio when market volatility increases. For investors with idle funds who cannot find an ideal direction, low-volatility products can strive for potential returns while waiting for opportunities, rather than letting funds remain idle in anxiety! The VP DIV LO VOL ETF covers approximately 65% Hong Kong stocks and 35% U.S. stocks, diversifying single market risk through cross-market allocation; it aims to track the Zhong Cheng Xin Hong Kong and U.S. dividend low-volatility index (net return in HKD), emphasizing its past accumulated return performance and relatively low volatility characteristics. Data shows that over the past 10 years (2015 to 2025), holding 65% Hang Seng high dividend and 35% S&P 500 high dividend stocks achieved a return rate of 149%, outperforming the 131% increase of the Hang Seng Index and S&P Index during the same period. In the past 5 years (2020 to 2025), the same weighted Hang Seng and S&P 500 high dividend stocks achieved a return rate of 73%, far exceeding the 40% increase of the Hang Seng Index and S&P Index during the same period\*. In other words, under the premise of controllable risk, reinvesting dividends can truly realize the effect of compound interest, and low volatility enhances defensiveness, giving it a long-term allocation advantage that can withstand market cycles. (Information and photos provided by the client) ### 相关股票 - [VP DIV LO VOL (03488.HK)](https://longbridge.com/zh-CN/quote/03488.HK.md) ## 相关资讯与研究 - [The 4 Questions Investors Should Ask Before Buying Any ETF](https://longbridge.com/zh-CN/news/281549873.md) - [Is XUT the Perfect ETF for Your TFSA?](https://longbridge.com/zh-CN/news/281064648.md) - [What Happens Next After the QQQ ETF’s 3% Single-Day Move? Here’s What History Tells Us.](https://longbridge.com/zh-CN/news/281552388.md) - [VegaShares Launches the First Multi-Index Covered Call Income ETF (ODTE) | ODTE Stock News](https://longbridge.com/zh-CN/news/281553894.md) - [ETF League Tables: Pacer ETFs Shed $21M](https://longbridge.com/zh-CN/news/281576130.md)