2020 年四季度，公募基金煤炭板块重仓持股比例为0.19%，环比提升 0.05 个百分点，当期配置占比历史分位数仅为16.0%，处于底部区域。同期行业标配比例为0.71%，较上季度提升0.05 个百分点；超配比例仅为-0.50%，与上季度基本持平。

Barite is the primary, naturally occurring, barium-based mineral. It is a high density and chemical inertness make it an ideal mineral for many applications. The chemical formula for barite is BaSO4. It has a high specific gravity of 4.50 g/cm3. Its Mohs hardness is 3.0 to 3.5. Barite, which may be found in a variety of colors including yellow, brown, white, blue, gray, or even colorless, typically has a vitreous to pearly luster. Barite may be found in conjunction with both metallic and nonmetallic mineral deposits. To be economically viable for extraction, barite usually needs to be the predominant material in a deposit. The types of deposits in which it is normally found include vein, residual, and bedded. Vein and residual deposits are of hydrothermal origin, while bedded deposits are sedimentary.

疫苗进度超预期，经济加速修复下，工业金属+新能源材料拉动有色板块季度涨幅达27.08%。一方面受益于疫苗进度超预期，各行业景气度持续恢复带来的需求释放，特别是美国大选落地后，工业金属品种在历史低库存情况下，受内部财政政策宽松刺激迎来需求端共振，出现了加速布局行情；另一方面，随着欧洲绿色发展计划与新能源购车补贴的落地，以及国内11部委加码新能源汽车消费政策，促使新能源汽车生产销售数据，环比、同比持续高增长。特别是电车在欧洲的渗透率和注册量远超市场预期，带动新能源板块领跑，2020Q4 单季度SW 有色实现27.08%涨幅，排名第2.