Since we are optimistic about the whole science and technology industry, we must choose among the broad-based index funds of science and technology. Compared with the index funds with industry themes, we mainly look at the income. At present, the number of broad-based index funds in the whole fund market is relatively large, so we can't compare them one by one, so we have to choose the leading fund, so we choose several representative funds for comparison.

The funds selected according to the above strategies are:

CSI Shanghai-Hong Kong-Shenzhen Science and Technology Leading Index (931524), CSI Science and Technology Leading Index (93187), CSI Technology 5 Strategy Index (931186) and CSI Technology 1 Index (931187).

CSI Shanghai-Hong Kong-Shenzhen Science and Technology Leading Index

From the Shanghai-Hong Kong-Shenzhen market, 5 securities of leading listed companies in the science and technology field with large market value, high market share and more R&D investment are selected as index samples to reflect the overall performance of the securities of leading listed companies in the Shanghai-Hong Kong-Shenzhen market.

CSI Science and Technology Leading Index (93187)

Select 5 listed company securities with large scale, high market share, strong growth ability and high R&D investment from the science and technology fields of Shanghai and Shenzhen markets as index samples to reflect the overall performance of leading listed company securities in the science and technology fields of Shanghai and Shenzhen markets.

CSI Technology 5 Strategy Index (931186)

Select 5 high-tech listed company securities with strong R&D innovation ability, high profitability and certain incentive mechanism from Shanghai and Shenzhen stock markets as index samples to reflect the overall performance of listed company securities with sustainable technological innovation ability.

CSI 1 index (931187).

Select 1 securities of listed companies with high R&D intensity, strong profitability and growth characteristics from the science and technology theme space of Shanghai and Shenzhen markets as index samples to provide investors with more diversified investment targets.

The main differences among the four indices are: the CSI Shanghai-Hong Kong-Shenzhen Leading Index has Hong Kong stocks, and the allocation industry is relatively scattered, and it holds positions in technology Internet stocks such as Tencent and Meituan. The positions of the leading index of CSI Technology are relatively balanced, focusing on information technology-related stocks. The CSI 5 strategic index is biased towards information technology and industry, with relatively small shares and low concentration. The CSI Technology 1 Index and the Technology 5 Index hold similar positions, but the overall style is more radical.

Let's take a look at the trend of the four science and technology index funds in the past five years:

Generally speaking, the technology leaders of CSI, Shanghai, Hong Kong and Shenzhen have been far ahead, but they have made a sharp correction in the past six months. Secondly, the leader of CSI technology ranks second, and technology 5 and technology 1 are intertwined.

Why did the CSI Shanghai-Hong Kong-Shenzhen Science and Technology Leading Index, which has a good overall trend, turn its head downwards recently? The main reason is its heavy positions in Tencent Holdings, Meituan and other Hong Kong stocks, such as Internet technology stocks, as well as some pharmaceutical stocks, so this year, especially in the second half of the year, was seriously dragged down. So is adjustment a risk or an opportunity? Leave it for now.

There are many OTC funds that track the above four indexes. Those who need them can search and identify themselves. This adjusted CSI Shanghai-Hong Kong-Shenzhen Science and Technology Leading Index just happens to have new index funds outside the market, namely, Penghua CSI Shanghai-Hong Kong-Shenzhen Science and Technology Leading Index (LOF)A(16646) and Penghua CSI Shanghai-Hong Kong-Shenzhen Science and Technology Leading Index (LOF)C(1289). I personally subscribed for 1 yuan and waited for the flowers to bloom.