# Amundi LevDax Daily (2x) leveraged UCITS ETF Acc (0MUD)

**Page:** https://fundology.uk/fund/0mud · ISIN LU0252634307

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, 0MUD (Amundi LevDax Daily (2x) leveraged UCITS ETF Acc, ISIN LU0252634307) closed at €286.55 on the London Stock Exchange. Its ongoing charge is 0.35% a year (about £35 on £10,000). Over the five years to 13/11/2026 its total return was +93.5%, or +51.1% after UK CPIH inflation.

## Summary

Amundi LevDax Daily (2x) leveraged UCITS ETF Acc is an exchange-traded fund (ETF) from Amundi, launched in 2006. It aims to deliver a multiple, or the opposite, of one day’s move in what it tracks. The multiple resets daily, so over longer periods its return can differ a lot from the multiple of the index return. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.35% a year — about £35 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

> **Leveraged & inverse:** Built for short-term trading. Because the multiple resets every day, losses can build up quickly when held for longer, even if the index ends up where it started.

Latest close: **€286.55** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 0MUD |
| ISIN | LU0252634307 |
| Also listed as | LYY8 (Xetra, euros) |
| Category | Leveraged & inverse |
| Type | ETF |
| Provider | Amundi |
| Tracks | LevDAX Daily Total Return Index - USD |
| Income | Accumulating |
| Ongoing charge | 0.35% a year (£35 per £10,000) |
| Fund size | £158m |
| Launched | 2006 |
| Domicile | Luxembourg |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/01/2020 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +6.94% | +3.16% | income reinvested |
| 3 years | +129.36% | +107.22% | income reinvested |
| 5 years | +93.54% | +51.07% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Amundi LevDax Daily (2x) leveraged UCITS ETF Acc in pounds (price, with income reinvested in the fund): 2022 −23.3%, 2023 +31.7%, 2024 +27.2%, 2025 +47.4%; 2026 to 13/11/2026 +6.8%. Returns of Amundi LevDax Daily (2x) leveraged UCITS ETF Acc in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +0.3%; to 30/09/2025: +53.4%; to 30/09/2024: +42.6%; to 30/09/2023: +49.8%; to 30/09/2022: −38.1%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -23.3% | -29.8% | Price |
| 2023 | +31.7% | +26.5% | Price |
| 2024 | +27.2% | +22.9% | Price |
| 2025 | +47.4% | +42.3% | Price |
| 2026 to 13/11/2026 | +6.8% | +3.4% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 33.54% | -22.99% |
| 3 years | 29.37% | -22.99% |
| 5 years | 31.83% | -45.32% |

## Largest fall

Volatility of Amundi LevDax Daily (2x) leveraged UCITS ETF Acc in pounds, annualised from weekly returns to 13/11/2026: 33.5% over 1 year, 29.4% over 3 years, 31.8% over 5 years. Largest fall in the price of Amundi LevDax Daily (2x) leveraged UCITS ETF Acc since November 2021, in pounds: −44.6% from 19/11/2021 to 30/09/2022. The lowest 12-month return of Amundi LevDax Daily (2x) leveraged UCITS ETF Acc in pounds (price, with income reinvested in the fund) since January 2021 was −39.4% (12 months to 23/09/2022); the highest was +74.6% (12 months to 08/08/2025). On 13/11/2026 the price of Amundi LevDax Daily (2x) leveraged UCITS ETF Acc was at its highest weekly close since November 2021, in pounds.

## Charges compared with similar funds

Ongoing charge of Amundi LevDax Daily (2x) leveraged UCITS ETF Acc 0.35% a year. Compared on 14/11/2026, 200 of the 210 other leveraged and inverse products charge more, 1 the same and 9 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.35%** per year (as of 13/11/2026)
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

0MUD is a swap-based (synthetic) fund: it gets the return of the index it tracks through a swap. Its published holdings, as of 11/11/2026, are the substitute basket of securities the fund holds as collateral, not the companies in that index.

### Top holdings

Largest positions (as of 11/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Airbus | [AIR](https://fundology.uk/stock/AIR) | 8.85% |
| 2 | ASML | [ASML](https://fundology.uk/stock/ASML) | 8.80% |
| 3 | Novo Nordisk | [NOVO_B](https://fundology.uk/stock/NOVO_B) | 8.55% |
| 4 | BNP Paribas | [BNP](https://fundology.uk/stock/BNP) | 6.54% |
| 5 | argenx | [ARGX](https://fundology.uk/stock/ARGX) | 4.68% |
| 6 | D'Ieteren Group SA/NV | [DIE](https://fundology.uk/stock/DIE) | 4.45% |
| 7 | ASM International | [ASM](https://fundology.uk/stock/ASM) | 4.42% |
| 8 | Ferrari | [RACE](https://fundology.uk/stock/RACE) | 4.23% |
| 9 | Sampo | [SAMPO](https://fundology.uk/stock/SAMPO) | 3.97% |
| 10 | Ucb | [UCB](https://fundology.uk/stock/EURONEXT:UCB) | 3.59% |

The 45 holdings on record (of 46 reported): https://fundology.uk/fund/0mud/holdings

## Questions people ask

**What is the ongoing charge of 0MUD?**

The ongoing charge of 0MUD is 0.35% a year — about £35 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Amundi LevDax Daily (2x) leveraged UCITS ETF Acc 0.35% a year. Compared on 14/11/2026, 200 of the 210 other leveraged and inverse products charge more, 1 the same and 9 less (share classes counted once).

**What does 0MUD track?**

0MUD tracks the LevDAX Daily Total Return Index - USD.

**Is 0MUD accumulating or distributing?**

0MUD is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

**What is the ISIN of 0MUD?**

The ISIN of 0MUD is LU0252634307. An ISIN identifies one exact share class of a fund; 0MUD is its ticker on the London Stock Exchange. The same share class is also listed as LYY8 (Xetra, euros).

**What does 0MUD hold?**

0MUD is a swap-based (synthetic) fund: it gets the return of the index it tracks through a swap. Its published holdings, as of 11/11/2026, are the substitute basket of securities the fund holds as collateral, not the companies in that index.

**What were 0MUD’s returns in each of the last five years?**

Calendar-year returns of 0MUD in pounds (price, with income reinvested in the fund): 2022 −23.3%, 2023 +31.7%, 2024 +27.2%, 2025 +47.4%; 2026 to 13/11/2026 +6.8%. Past performance is not a guide to future returns.

**How has 0MUD done after inflation?**

Over the five years to 13/11/2026 0MUD’s total return was +93.5%, or +51.1% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at Amundi](https://www.amundietf.co.uk/en/professional/products/equity/amundi-levdax-daily-2x-leveraged-ucits-etf-acc/lu0252634307)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.