Amundi LevDAX Daily (2x) Leveraged UCITS ETF Acc is a leveraged exchange-traded fund domiciled in Luxembourg and launched on June 1, 2006. It seeks to track the performance of the LevDAX x2 Gross Total Return Index in EUR, providing twice the daily return of the DAX index, amplifying both upward and downward movements. As a synthetic UCITS-compliant ETF managed by Amundi, it uses swaps, primarily equity-linked securities on the LevDAX, to achieve its leveraged exposure rather than direct holdings in underlying stocks. The fund is accumulating, reinvesting dividends to increase share price without distributions, and carries a total expense ratio of 0.35% per year. With assets under management around 187-194 million EUR, it holds a significant position in the leveraged equity ETF segment, unhedged against currency risk and focused on German large-cap equities. This structure suits investors targeting amplified short-term DAX performance, though leverage introduces heightened volatility and risk.