ETFs have made rapid progress.
Friends, the year 2025 has come to an end~
The annual performance ranking of global major asset classes has arrived.
In 2025, Chinese assets rose significantly, with the Shanghai Composite Index reaching above 4,000 points at one stage, and trading volumes, ETF sizes, among others, continuously setting new records.
The champion of domestic public offering active equity investment in 2025 was announced!
After underperforming the broader market for three consecutive years, actively managed equity funds finally saw a turning point, with the equity fund index delivering a full-year return of 33.81%.
This year, funds positioned in the AI sector delivered outstanding performance. As of December 30, the Yongying Technology Select A, managed by Ren Jie of Yongying Fund, surged 239.78% in net value, ranking first among all actively managed equity funds in the market and leading the second place by 63%, thereby locking in this year's public fund championship ahead of time.
The Zhonghang Opportunity Navigation A, managed by Han Hao of Zhonghang Fund, achieved a net value growth rate of 176.65%, currently ranked second.
Equity funds with returns exceeding 150% in 2025 include Hengyue Advantage Selection A and Hongtu Innovation Emerging Industries A; funds such as Xindaoyin Performance Drive A, Zhongou Digital Economy A, Jiaoyin Optimal Choice Return A, Hui'an Growth Preference A, Huashang Balanced Growth A, Huatai BoRui Quality Selection A, Xingzheng Asset Management Golden Kylin Shared Preference B, and Fuguo Innovation Technology A delivered annual returns exceeding 140%.
In 2025, ETFs advanced rapidly, with an index investing trend sweeping through China’s A-share market. Long-term capital represented by state-owned entities like Huijin and insurance funds continued purchasing broad-based ETFs, while individual investors also participated in the market through ETFs.
As of December 31, the total scale of ETFs in the entire market reached 6.02 trillion yuan, increasing by 2.3 trillion yuan from the beginning of the year, once again setting a new historical record. Among these, the scale of equity ETFs reached 3.84 trillion yuan.
The list of top-performing ETFs in 2025 is here!
The 2025 ETF performance leaderboard shows that the Communications ETF surged by 125.81%, claiming the top spot as the best-performing ETF of the year; the Communications Equipment ETF rose by 121.37%, securing second place; the Mining ETF increased by 106.11%, taking third place; and the ChiNext Artificial Intelligence ETF (Huabao), the Nonferrous Mining ETF (Zhaoshang), and the Industrial Nonferrous ETF all doubled in value within the year.
The Liquor ETF, Energy Chemical ETF, S&P Consumer ETF, and Saudi Arabia ETF fell more than 10% during the year.
In the ETF capital rankings, products focused on Hong Kong stocks, gold, and securities emerged as the 'top money gatherers' of the year; the Sci-Tech Bond ETF stood out.
Top 10 ETFs by net capital inflow: The H-share Connect Internet ETF, Gold ETF, Sci-Tech Bond ETF (Harvest), Short-term Corporate Bond ETF, Securities ETF, CSI 300 ETF (Huaxia), A500 ETF (Huatai Boyu), Sci-Tech Bond ETF (Yinhua), H-share Connect Technology 30 ETF, and H-share Connect Non-Banking Financial ETF recorded annual net capital inflows of 56.659 billion yuan, 41.999 billion yuan, 40.482 billion yuan, 34.775 billion yuan, 28.846 billion yuan, 28.191 billion yuan, 26.285 billion yuan, 26.111 billion yuan, 25.544 billion yuan, and 24.978 billion yuan respectively.
(The content of this article consists solely of objective data and information and does not constitute any investment advice.)
Over 40 billion yuan flowed out of the STAR 50 ETF during the year; more than 30 billion yuan exited the ChiNext ETF; and over 10 billion yuan each left the Hang Seng Healthcare ETF, Semiconductor ETF, ChiNext 50 ETF, CSI A500 ETF (Invesco), and Chip ETF.
Farewell to 2025, welcome to 2026!
Carrying the passion of the past year, we head towards new horizons in the next.
Thank you for accompanying us throughout this year, and wishing all our readers prosperous returns in 2026.
