Recently, there have been quite dramatic changes in the domestic ETF market pattern: first, the size of individual ETF products fluctuates greatly, and rankings change frequently; second, leading public funds compete for the “top spot” in overall management scale. In the author's opinion, changes in the short-term scale of ETF products should not be the focus of great attention of all parties in the market, let alone become the main basis for investors' decisions. Overall, for all parties in the market, instead of focusing on short-term scale ranking changes, it is better to return to the basic logic of investment, such as whether the selected ETF can accurately track the target index, whether the transaction has sufficient liquidity, and whether the product rate is reasonable. These are the key variables that determine the long-term investment experience.

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