Amundi MSCI USA Daily (-1x) Inverse ETF Acc
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The Amundi S&P 500 Daily (-2x) Invrs ETF is designed to deliver twice the opposite of the daily performance of the S&P 500 Index. To achieve this, the fund's portfolio is primarily composed of financial derivatives like swap agreements and futures contracts. These instruments are strategically used to move in the reverse direction of the S&P 500, amplified by a factor of two, allowing investors to potentially benefit from declines in the S&P 500 on a daily basis.