The industrial non-ferrous metal ETF with high elasticity and strong explosive power, Wanjia (560860), has seen a net capital inflow of over 1.6 billion in the past three months, ranking first in size and liquidity among peers, and is the only margin trading target in its category.

As of the close on April 2, among the top ten constituent stocks of the CSI Industrial Nonferrous Metals Theme Index, Luoyang MoTech fell 2.91%, Northern Rare Earth fell 1.86%, China Aluminum rose 1.04%, Yunnan Aluminum rose 2.67%, Xiamen Tungsten fell 4.7%, Xingye Silver & Tin fell 3.83%, Tianshan Aluminum rose 0.39%, Shenhuo Co. rose 1.58%, Tongling Nonferrous fell 2.51%, and Guangdong Dongyangguang fell 4.87%. As of the close, Wanjia CSI Industrial Nonferrous Metals Theme ETF (on-exchange shorthand: Wanjia Industrial Nonferrous ETF-560860) fell 2.23%, closing at 1.63 yuan.

I. Wanjia CSI Industrial Nonferrous Metals Theme ETF (560860), tracking the CSI Industrial Nonferrous Metals Theme Index: highest exposure to aluminum and copper, and best positioned to benefit from economic recovery

The CSI Industrial Nonferrous Metals Theme Index (H11059) tracked by Wanjia CSI Industrial Nonferrous Metals Theme ETF (on-exchange shorthand: Wanjia Industrial Nonferrous ETF-560860) covers leading strategic-resource companies in copper, aluminum, rare earths, tungsten and molybdenum, cobalt and nickel, titanium, lead and zinc, etc. It combines the “backbone of industry” (copper and aluminum) with the “king of new materials” (rare earths and cobalt/nickel), making it an efficient tool for accurately capturing market trends in the nonferrous metals sector.

Currently, the indices tracked by ETFs investing in the nonferrous metals sector mainly include:

H11059 CSI Industrial Nonferrous Metals Theme Index, shorthand “Industrial Nonferrous” (copper weight 32.1%, aluminum weight 18.7%, together the highest among nonferrous-related indices; highly correlated with industrial demand and benefits more from PPI growth and economic recovery)

931892 CSI Nonferrous Metals Mining Theme Index, shorthand “Nonferrous Mining”

930708 CSI Nonferrous Metals Index, shorthand “CSI Nonferrous”

930632 CSI Rare Metals Theme Index, shorthand “CS Rare Metals”

399395 Guozheng Nonferrous Metals Index, shorthand “Guozheng Nonferrous”

000819 CSI Shenwan Nonferrous Metals Index, shorthand “Nonferrous Metals”

000811 CSI Sub-Sector Nonferrous Metals Industry Theme Index, shorthand “Sub-Sector Nonferrous”

II. Among the ETF funds that track the CSI Industrial Nonferrous Metals Theme Index: Wanjia CSI Industrial Nonferrous Metals Theme ETF (on-exchange shorthand: Wanjia Industrial Nonferrous ETF-560860) has the largest scale

As of April 1, among ETF funds tracking the CSI Industrial Nonferrous Metals Theme Index, Wanjia CSI Industrial Nonferrous Metals Theme ETF (on-exchange shorthand: Wanjia Industrial Nonferrous ETF-560860) is the largest by scale (scale exceeding 10 billion), and has the best liquidity (average daily trading value over the past month of 587 million yuan).

ETF products that track the CSI Industrial Nonferrous Metals Theme Index include:

560860.SH Wanjia Industrial Nonferrous ETF (scale 10.467 billion yuan)

159157.SZ Tianhong Nonferrous Metals ETF (scale 5.516 billion yuan)

159162.SZ Penghua Industrial Nonferrous ETF (scale 0.454 billion yuan)

159171.SZ Boshi Industrial Nonferrous ETF (scale 0.220 billion yuan)

159168.SZ Fuxi Nonferrous ETF (scale 0.219 billion yuan)

Among the above ETFs, except for Wanjia Industrial Nonferrous ETF whose scale exceeds 10 billion yuan, the scales of the other ETFs are generally between 0.2 and 5.5 billion yuan (data from Wind, as of April 1).

The latest scale of Wanjia Industrial Nonferrous ETF (560860) is 10.467 billion yuan. Among ETF products tracking the CSI Industrial Nonferrous Metals Theme Index, it ranks first in scale and is the only one with a scale exceeding 10 billion yuan (data from Wind, as of April 1). Wanjia Industrial Nonferrous ETF has continued to receive inflows; on the previous trading day it had net inflows of 29.7148 million yuan, total net inflows of 1.616 billion yuan over the past three months, total net inflows of 5.696 billion yuan over the past six months, and total net inflows of 8.077 billion yuan over the past year. Its scale has grown rapidly and it is the fastest-growing by scale among ETF products tracking the CSI Industrial Nonferrous Metals Theme Index (data from Wind, as of April 1).

III. Among the ETF funds that track the CSI Industrial Nonferrous Metals Theme Index: Wanjia CSI Industrial Nonferrous Metals Theme ETF (on-exchange shorthand: Wanjia Industrial Nonferrous ETF-560860) has the best liquidity

In the past month, Wanjia Industrial Nonferrous ETF’s average daily trading value was 587 million yuan; trading has been active and liquidity is strong (data from Wind, as of April 1). Meanwhile, for other ETF products tracking the CSI Industrial Nonferrous Metals Theme Index, their average daily trading value in the past month has typically been between 16 million and 275 million yuan.

IV. Among the ETF funds that track the CSI Industrial Nonferrous Metals Theme Index: Wanjia CSI Industrial Nonferrous Metals Theme ETF (on-exchange shorthand: Wanjia Industrial Nonferrous ETF-560860) ranks first in one-year returns and has the highest excess return

In terms of performance, Wanjia Industrial Nonferrous ETF (560860) recorded a cumulative increase of 93.26% over the past one year. Among ETF products tracking the CSI Industrial Nonferrous Metals Theme Index, it ranks first in return—making it a high-volatility choice for capturing nonferrous metals market opportunities (data from Wind, as of April 1).

V. Wanjia CSI Industrial Nonferrous Metals Theme ETF (on-exchange shorthand: Wanjia Industrial Nonferrous ETF-560860): the first ETF in the entire market to track the CSI Industrial Nonferrous Metals Theme Index; it has the lowest fee tier, and is the only eligible product for financing-and-securities-lending as well as for the cross-market connectivity scheme

Wanjia Industrial Nonferrous ETF (560860) was established on February 22, 2023, and is the first ETF in the entire market to track the CSI Industrial Nonferrous Metals Theme Index.

Among ETF products tracking the CSI Industrial Nonferrous Metals Theme Index, Wanjia Industrial Nonferrous ETF (560860) is the only underlying asset that has opened financing-and-securities-lending services. The latest financing purchase amount is 19.49 million yuan, and the latest outstanding financing balance is 144 million yuan, indicating that leveraged capital continues to increase positions (data from Wind, as of April 1). At the same time, Wanjia Industrial Nonferrous ETF is the only eligible product under the cross-market connectivity scheme among ETF funds tracking the CSI Industrial Nonferrous Metals Theme Index, and it is expected to receive additional buying from northbound capital.

Wanjia Industrial Nonferrous ETF (560860) has a management fee rate of 0.50% and a custody fee rate of 0.10%; its fee rates are at the lowest tier among comparable funds (data from Wind, as of April 1).

Wanjia CSI Industrial Nonferrous Metals Theme ETF (on-exchange shorthand: Wanjia Industrial Nonferrous ETF-560860) has a linked fund (Wanjia CSI Industrial Nonferrous Metals Theme ETF initiating-linked A: 018489; Wanjia CSI Industrial Nonferrous Metals Theme ETF initiating-linked C: 018490). Investors outside the securities account—such as those investing via banks or platforms like Alipay—can also conveniently purchase the linked fund.

(Editor: Guo Jiandong ）

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