Public funds' performance in the first 100 days is impressive, showing a "two-sided" battle in the competition.

In 2026, the stock market is about to enter a critical period of 100 days, and the performance differentiation of public funds is further intensifying. According to the latest data, the difference in returns between the top and bottom funds in the entire market has exceeded 92% this year. Among them, funds focusing on the optical communication theme are leading the way, while products heavily invested in Hong Kong stocks, internet, and humanoid robot tracks continue to lag behind. It can be said that investment in different tracks is a mix of success and failure. Since the beginning of the year, despite the poor performance and high volatility in the equity market, many fund managers still see promising structural opportunities in certain areas, and firmly believe that what ultimately determines the pricing center of stocks is the company's profit-making ability itself.