As the year draws to a close, let's take a look at the ETF, which has become the 'sharpest spear.' How has its performance grown this year? Which fund companies have benefitted from the rise of ETFs, and which fund company has issued the most ETFs this year? Who are currently in the billion-yuan ETF club, and who is in the hundred-million-yuan club?

First, let's look at the latest market size situation for ETFs as of December 30. According to WIND data, the latest size of ETFs is 3.78 trillion yuan, an increase of 1.73 trillion yuan compared to the beginning of the year.

From the monthly scale data of ETFs, despite the A-shares being relatively sluggish for most of the year, there were only two months of net redemptions for ETFs. The total share net subscriptions reached 624.852 billion shares, with a total increase in scale of 1,734.749 billion yuan. The key factor that made ETFs the 'sharpest spear' since the 924 market is the insistence on buying more when prices drop. In September, with net subscriptions of 10.5 billion shares, the scale surged by 736.6 billion yuan, contributing 42% to the scale growth of ETFs this year.

From the perspective of the new ETF issuance market, based on the subscription start date, a total of 179 ETF products were issued this year, raising 120.2 billion shares, a year-on-year increase of 16.24%. Among them, equity ETFs took the lead in issuing, with 164 new ETFs being equity-based, accounting for 88%.

Specifically, this year there are 27 ETFs with issuance scales exceeding 2 billion yuan, the highest being the two Treasury Bond ETFs, Dongcai CSI 1-3 Year Treasury Bond ETF and Bosera Shanghai 30-Year Treasury Bond ETF, with fundraising scales of 6 billion yuan and 4.812 billion yuan respectively. Among them, the most prominent this year is the China Southern CSI A500 ETF, while the remaining 25 ETFs raised to the maximum amount, all tracking the China Southern A500 Index.

From the perspective of fund managers, in terms of total ETF scale, the top ten ETF managers are HUAXIA300, HS300ETF, Huatai-PB Fund, Southern Fund, Harvest Fund, Huabao Fund, Guangfa Fund, Guotai Fund, Bosera Fund, and Invesco Fund, among which HUAXIA300 has an ETF asset scale of 670.648 billion yuan, HS300ETF follows closely with the latest scale of 613.184 billion yuan, and the third is Huatai-PB Fund with a latest asset scale of 479.625 billion yuan.

From the perspective of the scale increment of ETFs this year, the top ten fund managers by scale growth are HS300ETF, Huatai-PB Fund, HUAXIA300, Southern Fund, Harvest Fund, Invesco Fund, Guangfa Fund, Bosera Fund, Invesco Great Wall Fund, and China Merchants Fund, with a total scale increase of 1.298 trillion yuan. This means that out of the ETF's scale growth of 1.735 trillion this year, 74.8% of the gains were captured by these top ten public funds, further confirming the 'stronger gets stronger' effect of ETFs.

From the perspective of fund managers in the new issuance market of ETFs, this year 34 fund companies issued a total of 179 ETFs, with the highest number of issues from HS300ETF, HUAXIA300, Guangfa Fund, and Invesco Fund, which issued 13, 12, 11, and 10 ETFs respectively.

In terms of issuance scale, the top four Fund companies with the largest ETF issuance scale are Bosera Fund, Tibet Dongcai Fund, Guotai Fund, and Southern Fund. The reason the first two Fund companies have the largest issuance scale is due to two newly launched Treasury Bond ETFs, Dongcai CSI 1-3 Year Treasury Bond ETF and Bosera Shanghai 30-Year Treasury Bond ETF, with fundraising scales of 6 billion yuan and 4.812 billion yuan respectively. In terms of the issuance scale of stock ETFs, the top four Fund companies for new stock ETFs in 2024 are Guotai Fund, Southern Fund, E Fund, and Huatai-PB Fund.

From the latest scale of stock ETFs, the list of stock ETFs in the trillion and hundred billion "club" has greatly expanded in 2024. According to the estimated scale data as of December 31 (the shares on December 30 multiplied by the latest intraday price on December 31), the trillion club of stock ETFs has expanded from one in 2023 to six in 2024. HUAXIA Fund occupies two positions, while the other four trillion ETFs are from Huatai-PB Fund, E Fund, Harvest Fund, and Southern Fund.

The six trillion ETFs are Huatai-PB Fund HS300ETF, HS300ETF E Fund, HS300ETF HUAXIA, Harvest Fund HS300ETF, HUAXIA Fund Chinaamc Shanghai A50 Exchange Traded Fund, and Southern Fund 500ETF, with the latest scales being 362.319 billion yuan, 246.935 billion yuan, 163.44 billion yuan, 156.537 billion yuan, 152.368 billion yuan, and 1045.87 billion yuan respectively.

In 2024, the list of stock ETFs in the "hundred billion club" has expanded from 32 at the end of 2023 to 57. HUAXIA Fund has eight hundred billion ETFs, ranking first in the industry, while E Fund ranks second with seven hundred billion ETFs. The numbers of hundred billion ETFs from GF Fund, Bosera Fund, Guotai Fund, Huaxia Fund, and Huatai-PB Fund are five, four, four, four, and four respectively.

The 25 newly added hundred billion ETFs are: Southern Fund China Southern CSI 1000 ETF, Bosera Fund Bosera CSI Convertible Bond And Exchangeable Bond ETF, HUAXIA Fund China Southern CSI 1000 ETF, GF Fund China Southern CSI 1000 Index, Harvest Fund E Fund CSI Technology 50 ETF, Bosera Fund S&P 500 ETF, Bosera Fund Gold ETF, Huatai-PB Fund Huatai-PB CSI Dividend Low Volatility ETF, Huatai-PB Fund CSI Cons Stap ETF, Invesco Great Wall Fund Nasdaq Technology ETF, as well as 11 ETFs tracking the CSI A500 Index, including Guotai Fund China Southern CSI A500 ETF, China Southern CSI A500 ETF Southern, GF Fund China Southern CSI A500 ETF Leaders, and HUAXIA Fund A500 ETF Fund.