# Amundi FTSE MIB Daily (2X) Leveraged UCITS ETF -Dist- (0WA4) **Page:** https://fundology.uk/fund/0wa4 · ISIN FR0010446658 ## 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, 0WA4 (Amundi FTSE MIB Daily (2X) Leveraged UCITS ETF -Dist-, ISIN FR0010446658) closed at €26.71 on the London Stock Exchange. Its ongoing charge is 0.60% a year (about £60 on £10,000). Over the five years to 13/11/2026 its total return was +269.9%, or +188.7% after UK CPIH inflation. ## Summary Amundi FTSE MIB Daily (2X) Leveraged UCITS ETF -Dist- is an exchange-traded fund (ETF) from Amundi, launched in 2018. 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 0.6% a year — about £60 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year. > **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: **€26.71** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | 0WA4 | | ISIN | FR0010446658 | | Category | Leveraged & inverse | | Type | ETF | | Provider | Amundi | | Tracks | FTSE MIB Daily Leveraged RT Net-of-Tax (Lux) TR Index | | Income | Distributing | | Ongoing charge | 0.60% a year (£60 per £10,000) | | Fund size | £118m | | Launched | 2018 | | Domicile | France | ## 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 | +28.88% | +24.31% | income reinvested | | 3 years | +216.90% | +186.31% | income reinvested | | 5 years | +269.88% | +188.71% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Amundi FTSE MIB Daily (2X) Leveraged UCITS ETF -Dist- in pounds (price only, income paid out not included): 2022 −26.0%, 2023 +53.7%, 2024 +13.6%, 2025 +73.1%; 2026 to 13/11/2026 +26.5%. Returns of Amundi FTSE MIB Daily (2X) Leveraged UCITS ETF -Dist- in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +36.0%; to 30/09/2025: +46.6%; to 30/09/2024: +38.6%; to 30/09/2023: +84.4%; to 30/09/2022: −38.9%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -26.0% | -32.3% | Price | | 2023 | +53.7% | +47.6% | Price | | 2024 | +13.6% | +9.7% | Price | | 2025 | +73.1% | +67.2% | Price | | 2026 to 13/11/2026 | +26.5% | +22.4% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 32.55% | -21.57% | | 3 years | 31.92% | -21.59% | | 5 years | 35.40% | -48.67% | ## Largest fall Volatility of Amundi FTSE MIB Daily (2X) Leveraged UCITS ETF -Dist- in pounds, annualised from weekly returns to 13/11/2026: 32.6% over 1 year, 31.9% over 3 years, 35.4% over 5 years. Largest fall in the price of Amundi FTSE MIB Daily (2X) Leveraged UCITS ETF -Dist- since November 2021, in pounds: −46.5% from 19/11/2021 to 15/07/2022. The lowest 12-month return of Amundi FTSE MIB Daily (2X) Leveraged UCITS ETF -Dist- in pounds (price only, income paid out not included) since January 2021 was −41.5% (12 months to 14/10/2022); the highest was +90.4% (12 months to 14/07/2023). On 13/11/2026 the price of Amundi FTSE MIB Daily (2X) Leveraged UCITS ETF -Dist- was 11.0% below its highest weekly close since November 2021 (07/08/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Amundi FTSE MIB Daily (2X) Leveraged UCITS ETF -Dist- 0.60% a year. Compared on 14/11/2026, 171 of the 210 other leveraged and inverse products charge more, 13 the same and 26 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.60%** 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 0WA4 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 | Carnival | [CCL](https://fundology.uk/stock/CCL) | 8.96% | | 2 | Microsoft | [MSFT](https://fundology.uk/stock/MSFT) | 7.03% | | 3 | Arch Capital Group | [ACGL](https://fundology.uk/stock/ACGL) | 6.30% | | 4 | NVIDIA | [NVDA](https://fundology.uk/stock/NVDA) | 5.81% | | 5 | Amazon | [AMZN](https://fundology.uk/stock/AMZN) | 5.10% | | 6 | Micron Technology | [MU](https://fundology.uk/stock/MU) | 4.91% | | 7 | Copart | [CPRT](https://fundology.uk/stock/CPRT) | 4.47% | | 8 | Booking | [BKNG](https://fundology.uk/stock/BKNG) | 4.25% | | 9 | FedEx Freight | [FDXF](https://fundology.uk/stock/FDXF) | 4.19% | | 10 | Mettler-Toledo International | [MTD](https://fundology.uk/stock/MTD) | 4.07% | The 43 holdings on record (of 47 reported): https://fundology.uk/fund/0wa4/holdings ## Questions people ask **What is the ongoing charge of 0WA4?** The ongoing charge of 0WA4 is 0.60% a year — about £60 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 FTSE MIB Daily (2X) Leveraged UCITS ETF -Dist- 0.60% a year. Compared on 14/11/2026, 171 of the 210 other leveraged and inverse products charge more, 13 the same and 26 less (share classes counted once). **What does 0WA4 track?** 0WA4 tracks the FTSE MIB Daily Leveraged RT Net-of-Tax (Lux) TR Index. **Is 0WA4 accumulating or distributing?** 0WA4 is distributing: income is paid out to holders as cash, usually a few times a year. It pays out annual. **What is the ISIN of 0WA4?** The ISIN of 0WA4 is FR0010446658. An ISIN identifies one exact share class of a fund; 0WA4 is its ticker on the London Stock Exchange. **What does 0WA4 hold?** 0WA4 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 0WA4’s returns in each of the last five years?** Calendar-year returns of 0WA4 in pounds (price only, income paid out not included): 2022 −26.0%, 2023 +53.7%, 2024 +13.6%, 2025 +73.1%; 2026 to 13/11/2026 +26.5%. Past performance is not a guide to future returns. **How has 0WA4 done after inflation?** Over the five years to 13/11/2026 0WA4’s total return was +269.9%, or +188.7% 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-ftse-mib-daily-2x-leveraged-ucits-etf-dist/fr0010446658) - Links checked 12/10/2026. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.