Amundi Italy BTP Daily (-2x) Inverse UCITS ETF Acc

Amundi Italy BTP Daily (-2x) Inverse UCITS ETF Acc

About

Amundi Italy BTP Daily (-2x) Inverse UCITS ETF Acc (FR0011023621) is a UCITS-compliant bond ETF tracking the Solactive BTP Daily (-2x) Inverse Index. With a TER of 0.4%, it is moderately priced, reinvesting dividends. The fund holds 49 positions across 13 regions with 33M in assets, with heavy concentration — 65% in government bonds.

ISIN
Fund Size €32.5M
Issuer Amundi
Distribution Re-Invests Dividends
Replication Synthetic
Inception Apr 2011
Base Currency EUR
Index Solactive BTP Daily (-2x) Inverse Index
Asset Class Bonds
Category Leveraged Inverse

Costs

6.0
This fund has moderate costs compared to similar ETFs.

Cost Metrics Explained

What TER, tracking difference, and TD consistency measure

TER (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures TER plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
TER0.00%
Tracking Difference0.00%
TD Consistency0.00%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%

Holdings

2.4
With only 49 individual holdings, this fund is relatively concentrated compared to other ETFs.
#1
SPAIN (KINGDO 5.9% 30Jul26
15.81%
#2
ITALIAN REPUB BTPS 3.1% 15Sep26
10.84%
#3
Credit Mutuel Home Loan SFH SA
5.84%
#4
BMW FINANCE N 0.375% Jan27 EMTN
3.87%
#5
French Republic Government Bond OAT
3.82%
#6
STATOIL ASA 0.75% Nov26 EMTN
3.42%
#7
Bundesrepublik Deutschland Bundesanleihe
3.20%
#8
SANOFI 0.5% Jan27 EMTN
3.11%
#9
French Republic Government Bond OAT
3.03%
#10
ITALIAN REPUB 0% 01May31
2.69%

Sectors

4.3
This fund is concentrated in just a few of its 10 sectors, reducing diversification.

Regions

5.7
This fund invests across 13 countries, though its geographic allocation deviates somewhat from the global market.

Nerd Stuff

Advanced risk and return metrics (2023-06-22 — 2026-06-18).
13.7%
Volatility
-25.4%
Max Drawdown
-0.45
Sharpe Ratio
-0.63
Sortino Ratio
-0.24
Calmar Ratio
-0.03
Beta
-5.67%
Alpha (Jensen's)
0.001
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Documents

Regulatory and fund documents.
Key Information DocumentFact Sheet

Broker Availability

Where you can buy this ETF.
Trading 212
Trade
Free
Savings Plan
Free
Account
Free

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