Gold Stock ETF Surged Nearly 20% in 5 Days, Becoming a Hot Commodity as Margin Traders Recently Returned to Buy.

Today (April 14), gold stock ETFs surged collectively again. By the close, the average increase of the 6 related ETFs was nearly 4.77%, with the Gold Stock ETF (159321) rising slightly higher at 5.83%. Over the past 5 days, their average increase was nearly 18.1%, ranking among the top in the entire ETF market.

Note: Recent performance changes of gold stock ETFs (as of the close on April 14)

Gold stock ETFs rose for 5 consecutive days, with turnover data reaching the second highest in history.

Recently, boosted by the strong performance of gold prices and stocks, gold stock ETFs have become a market hot topic. The 6 ETFs related (tracking the CSI Shanghai-Hong Kong-Shenzhen Gold Industry Stock Index) have been rising continuously since April 8. In terms of volume data, by today's close, during the 5-day rally, except for the gold stock ETF (517520) with the highest fund size, which recorded the fifth highest annual turnover on April 7, the other 5 gold stock ETFs recently recorded annual highs in turnover.

Note: Changes in annual turnover of 6 gold stock ETFs (as of the close on April 14)

From a capital perspective, the financing balance scale of gold stock ETFs has increased significantly recently. Taking the only gold stock ETF target (517520) with margin trading and short selling as an example, its financing balance has risen to 59 million yuan, an increase of nearly 19 million yuan from the low point on April 3 (40 million yuan), a rise of nearly 46.96%. Meanwhile, its current financing balance scale is the highest in nearly 2 months since February 11. Notably, its financing balance once recorded 68 million yuan on February 11, the highest since its listing.

Note: Recent changes in financing balance of gold stock ETF (517520) (data as of April 11)

In addition, according to trading data statistics, the average daily turnover rate of the above 6 gold stock ETFs in the past 5 days was nearly 22%. Among them, the gold stock ETF (159322) with the smallest fund size has recently become a focus of active funds, with its full-day turnover rate today (April 14) as high as 102.56%, not only far exceeding the trading data of other gold stock ETFs but also ranking 7th in the entire stock ETF and QDII market today. Moreover, its turnover today reached 28 million yuan, the second highest since its listing.

Note: Historical turnover scale of gold stock ETF (159322) (as of the close on April 14)

Financing balance gradually returns, a list of ETFs with high net purchases

Recently, some margin traders have returned to the ETF market. As of April 11, according to the past 5 days' market statistics, a total of 201 ETFs were increased by margin traders, accounting for nearly 52.1% of the entire margin trading ETFs. Among them, the Gold ETF (518880) and the Hang Seng Tech Index ETF (513180) both had net purchases of over 100 million yuan in 5 days, reaching 538 million yuan and 272 million yuan respectively. The ChiNext 50 ETF (159949), the Nasdaq ETF (513300), and the CSI 1000 ETF (512100) were also heavily increased by margin traders.

Note: ETFs with the highest net purchases in the past 5 days (data as of April 11)

However, some ETFs were heavily reduced by margin traders recently. As of April 11, and only counting stock ETFs and QDIIs, a total of 5 ETFs were reduced by over 100 million yuan by margin traders in the past 5 days. Among them, the STAR 50 ETF (588000) had a net sale of nearly 366 million yuan in 5 days, and the STAR Chip ETF (588200), the China Internet ETF (513050), the Securities ETF (512880), and the SSE 50 ETF (510050) also had net sales of 179 million yuan, 152 million yuan, 111 million yuan, and 109 million yuan respectively.

Note: ETFs with the highest net sales in the past 5 days (data as of April 11)

In addition, in terms of financing balance scale, as of April 11, a total of 23 ETFs currently have a financing balance of over 1 billion yuan. Among them, the Gold ETF (518880) ranks first with a financing balance of 9.256 billion yuan, and the Gold ETF (159934), also a commodity fund, ranks second with 7.119 billion yuan. If only counting stock ETFs and QDIIs, the Hang Seng ETF (159920), the CSI 300 ETF (510300), and the STAR 50 ETF (588000) are currently heavily held by margin traders.

Note: ETFs with the highest current financing balance (data as of April 11)