1. Unicom ETF is a fund that buys different stocks to form a portfolio, and the price changes every day;

2. The net value of China Unicom ETF can only be determined after the closing. The fund I saw that day was the net value of the previous day, and the stock price was definitely different;

3. Different ETFs have different stocks, and the prices will also change.

Many people have no clear distinction between funds and stocks. They confused the stock price with the fund price. The price of the fund is out of sync, and the net value of the fund will not be announced until after the close. The net value seen in the fund intraday is yesterday's net value, or the estimated net value in the intraday.

The price of the fund and the price of the stock are definitely out of sync, because the fund is a combination, and we can't compare the rise and fall of the stock with the fund. This is a misunderstanding.

First, China Internet ETF is a fund that buys different stocks, and the price changes every day.

It must be noted that the fund does not just buy one stock. The foundation buys a lot of stocks and then forms a portfolio, which is what we call ETF. Its price changes have a lot to do with the whole sector, not with a single stock, which is normal.

Second, the net value of Unicom ETF fund can only be determined after the market closes.

Funds are calculated on a net basis. The net value of funds we see in the intraday trading is basically yesterday's net value or the estimated net value in the intraday trading. There is some error between this net value and the after-hours net value, because the net value of the fund can only be determined after the hours. This also shows that the China Internet ETF is out of sync with the stock price, which is caused by the delay in the publication of the net value.

Third, China Internet ETF is different from the stocks whose share prices are out of sync, and it may be a heavy position.

As I said just now, the fund is a combination. When you buy a lot of stocks in the same sector, their positions are completely different, and the net value and share price may be different during the stock market changes.

The China Internet ETF is not synchronized with the stock price, mainly because the stocks with heavy positions are different. As a combination, ETF is difficult to outperform individual stocks, but it can avoid the risk of individual stocks and achieve average returns.