During the year, the number and scale of ETF funds set a record, and the yield of 11 products exceeded 40%
Our reporter Wang Siwen
The development momentum of ETF products in 2021 will be strong.
According to Wind Information data, the number of ETF products in the entire market reached 630 during the year, an increase of 272 from the end of 2020; the scale of fund management exceeded 1.4 trillion yuan, an increase of 15% from the end of 2020.
Both the number and scale of ETF products set a record during the year.
The scale of non-currency ETF breaks through one trillion yuan
Stock-based products are still "Fragrant Pastry"
Among non-currency ETFs (including stock ETFs, QDII ETFs, bond ETFs, and commodity ETFs), stock-based products are still the first choice for investors and account for the largest market share.
As of now, there are 528 stock ETFs in the market, with a total fund size of 946.428 billion yuan, accounting for 83.8% and 67.39% of the number and scale respectively; QDII ETFs, commodity ETFs and bond ETFs, the number of which is 45 respectively The fund size is 105.421 billion yuan, 29.463 billion yuan and 21.422 billion yuan respectively.
The total scale of non-currency ETFs has exceeded the trillion yuan mark.
Statistics show that there are 20 non-currency ETFs with a market size of more than 10 billion yuan.
The China Amoy Shanghai Stock Exchange 50 ETF, Southern China Securities 500 ETF, Huatai Bai Rui Shanghai and Shenzhen 300 ETF, and Cathay Pacific China Securities All Index Securities Company ETF, which are firmly at the forefront of the market, will have a scale of 52.887 billion yuan, 47.517 billion yuan, 38.925 billion yuan and 33.849 billion yuan. Other ETF products are far behind.
In 2021, the non-currency ETF products that have reached the tens of billions level are E Fund CSI Overseas China Internet 50 ETF, Huatai Bai Rui Dividend ETF, China Heng Seng Internet Technology Industry ETF, and E Fund SSE 50 ETF on Science and Technology Innovation Board.
The scale of the Huaan GEM 50 ETF and the League of Nations CSI All-Index Semiconductor ETF has shrunk slightly from the previous year, temporarily falling out of the 10 billion yuan list, with a scale of 9.613 billion yuan and 9.063 billion yuan respectively.
11 gains over 40% yield
Cathay Pacific China Securities Coal ETF leads gains
For investors, how much product income is the most concerned.
In 2021, the A-share market will fluctuate and the performance of different market indexes will vary greatly. Among them, the performance of industry-themed ETFs is very different.
Corresponding to ETF products, the average return rate of ETF in the whole market this year reached 12.31%.
The highest annual return rate reached 53.13%, and the lowest was -41.75%.
"Securities Daily" reporter statistics found that 11 ETF products have achieved a return rate of over 40%.
The ETF leading the gains with 53.13% performance is the Cathay Pacific CSI Coal ETF, Ping An CSI New Energy Automobile Industry ETF, Huatai Bai Rui CSI Photovoltaic Industry ETF, CCB Yisheng Zhengzhou Commercial Exchange Energy and Chemical Futures ETF, Boshi New Energy Automobile ETF, Cathay Pacific China Securities New Energy Vehicle ETF, GF China Securities Environmental Protection ETF, China Universal China Securities Energy ETF, China Securities New Energy Vehicle ETF, Bosera Natural Resources ETF and Guolian Security Shanghai Securities Commodity ETF all have annual yields of more than 40% .
ETF fund issuance and product innovation are helping domestic ETFs reach a new level.
Since the beginning of this year, the ETF issuance market has continued to blow out, and innovative incremental products have appeared intensively, driving the overall growth of the industry and making ETF products the fastest-growing fund product in China this year.
As of December 29, there were 272 newly established ETF funds in the entire market in 2021, with an initial fundraising scale of 188.142 billion yuan. The top fundraising scales include the first batch of MSCI China A50 interconnection ETFs, "double innovation" 50ETF, and Shanghai The Hong Kong-Shenzhen 300 ETF, as well as the thematic ETFs of popular sectors in the market such as technology, low-carbon economy, chemical industry, and new energy.
Top fund companies have a high market share
China Asset Management firmly ranked first in the industry
From the perspective of the market share of ETF products, the overall advantage of the head fund company is very significant, with a high market share.
Among them, China Asset Management still ranks first in the scale of non-monetary ETFs, and is far ahead of the industry; E Fund and Cathay Pacific Fund ETF funds have grown rapidly in size, ranking second and third respectively in scale; Southern Fund, Huatai Bai Rui Fund, Huabao Fund, The scale of non-monetary ETFs such as Huaan Fund, Boshi Fund and Penghua Fund ranks among the top in the industry.
"Chinese investors' awareness of passive index investment is increasing, and fund companies are actively deploying various passive index products." A channel leader of a large fund company told a reporter from the Securities Daily, but development There are also frequent hidden worries behind the scenes, such as the intensified product homogeneity, the liquidation of some ETFs, and the poor short-term performance gradually surfaced.
Looking forward to 2022, many fund companies have told reporters that ETFs are still a key business. As of the end of November this year, the total scale of public funds in my country has exceeded 25 trillion yuan, and the scale of ETFs is relatively small.
How to proceed with the ETF development of fund companies under the "Law of the Jungle" has become a new topic of concern in the industry.