ETF · Amundi
0WAX Amundi ETF Leveraged MSCI USA Daily
ISIN FR0010755611London Stock Exchange: 0WAXSAS Rue la Boétie
Latest close
LSE€32.50
on
- Ongoing charge
- 0.50% a year
- Fund size
- £991m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, 0WAX (Amundi ETF Leveraged MSCI USA Daily, ISIN FR0010755611) closed at €32.50 on the London Stock Exchange. Its ongoing charge is 0.50% a year (about £50 on £10,000). Over the five years to 13/11/2026 its total return was +120.5%, or +72.1% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +22.9%
- +18.6% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +130.7%
- +108.4% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +120.5%
- +72.1% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £2,205 on 13/11/2026 — about £1,721 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of Amundi ETF Leveraged MSCI USA Daily in pounds (price only): 2022 −28.8%, 2023 +39.2%, 2024 +60.2%, 2025 +2.7%; 2026 to 13/11/2026 +26.1%. Returns of Amundi ETF Leveraged MSCI USA Daily in pounds (price only) over the 12 months to 30/09/2026: +31.3%; to 30/09/2025: +24.0%; to 30/09/2024: +46.2%; to 30/09/2023: +13.3%; to 30/09/2022: −3.1%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +26.1% | +22.0% | |
| to | +2.7% | −0.8% | |
| to | +60.2% | +54.7% | |
| +39.2% | +33.6% | ||
| −28.8% | −34.9% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +31.3% | +26.6% |
| from | +24.0% | +19.1% |
| from | +46.2% | +42.5% |
| from | +13.3% | +6.5% |
| from | −3.1% | −11.0% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
28.6%over 5 years
| 1 year | 24.4% |
|---|---|
| 3 years | 27.1% |
| 5 years | 28.6% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −38.2%
- From to
- Lowest 12-month return
- −28.8%
- 12 months to
- Highest 12-month return
- +74.1%
- 12 months to
- Below its highest weekly close since November 2021
- 6.7%
- High of , latest
In words: Volatility of Amundi ETF Leveraged MSCI USA Daily in pounds, annualised from weekly returns to 13/11/2026: 24.4% over 1 year, 27.1% over 3 years, 28.6% over 5 years. Largest fall in the price of Amundi ETF Leveraged MSCI USA Daily since November 2021, in pounds: −38.2% from 24/01/2025 to 11/04/2025. The lowest 12-month return of Amundi ETF Leveraged MSCI USA Daily in pounds (price only) since January 2021 was −28.8% (12 months to 30/12/2022); the highest was +74.1% (12 months to 22/11/2024). On 13/11/2026 the price of Amundi ETF Leveraged MSCI USA Daily was 6.7% below its highest weekly close since November 2021 (09/10/2026), in pounds.
As of , price only
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.50%
- a year
- On £10,000
- £50
- a year, roughly
- Over five years
- £248
- of £10,000, before growth
- 21 charge less
- 3 the same
- 186 charge more
Ongoing charge of Amundi ETF Leveraged MSCI USA Daily 0.50% a year. Compared on 14/11/2026, 186 of the 210 other leveraged and inverse products charge more, 3 the same and 21 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Amundi ETF Leveraged MSCI USA Daily is an exchange-traded fund (ETF) from Amundi, launched in 2009.
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 0.5% a year — about £50 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Leveraged & inverse: Products that multiply or reverse a single day’s move — for example three times the daily change of an index.
Key facts
- Ticker
- 0WAX
- ISIN
- FR0010755611
- Also listed as
- 18MF (Xetra, euros)
- Provider
- Amundi
- Tracks
- MSCI USA Leveraged 2x Daily Index - EUR
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Ongoing charge
- 0.50% a year · about £50 on £10,000
- Fund size
- £991m
- Launched
- Domicile
- France
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- EUR
- Category
- Leveraged & inverse
Price chart
Over the last year, the closing price went from €24.66 on 14/11/2025 to €32.50 on 13/11/2026 (+31.8%). The lowest close shown was €22.29 on 27/03/2026 and the highest €34.32 on 09/10/2026.
One close a week. Before 07/08/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Price as traded.
As of , at least 15 min delayed
Five years of prices, and after inflation
256 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 60
- 61 reported in all
- Ten largest
- 53.1%
- of the whole fund
- Effective number of holdings
- 26
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 8.3%
- Novo Nordisk
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | Novo NordiskNOVO_BHealth CareDenmark | 8.25% |
| 2 | ASMLASMLInformation TechnologyNetherlands | 7.12% |
| 3 | Deutsche TelekomDTECommunication ServicesGermany | 6.59% |
| 4 | SAPSAPInformation TechnologyGermany | 6.39% |
| 5 | AirbusAIRIndustrialsFrance | 5.15% |
| 6 | Siemens EnergyENRIndustrialsGermany | 4.45% |
| 7 | Nordea Bank AbpNDA_FIFinancialsFinland | 4.23% |
| 8 | RweRWEUtilitiesGermany | 4.08% |
| 9 | Infineon TechnologiesIFXInformation TechnologyGermany | 3.73% |
| 10 | Koninklijke Ahold DelhaizeADConsumer StaplesNetherlands | 3.11% |
As of , holdings as published
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 60 largest and what changed since .
All holdings
The fund publishes 61 holdings; the ten largest make up 53.1% of it.
Create a free account to see the full holdings list
Sign-up takes an email address. There is no card to enter and nothing to pay.
Sector split
As a share of the whole fund. 97.7% of it is classified by sector; bonds, cash and positions that cannot be matched are left out rather than guessed.
- Finance17.6%
- Electronic Technology17.2%
- Health Technology14.6%
- Producer Manufacturing10.9%
- Technology Services9.9%
- Communications7.3%
- Retail Trade5.2%
- Utilities4.4%
- Other classified sectors10.6%
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 248 rolling 12-month returns since January 2021, and of 144 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since November 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Questions people ask
What is the ongoing charge of 0WAX?
The ongoing charge of 0WAX is 0.50% a year — about £50 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 ETF Leveraged MSCI USA Daily 0.50% a year. Compared on 14/11/2026, 186 of the 210 other leveraged and inverse products charge more, 3 the same and 21 less (share classes counted once).
What does 0WAX track?
0WAX tracks the MSCI USA Leveraged 2x Daily Index - EUR.
What is the ISIN of 0WAX?
The ISIN of 0WAX is FR0010755611. An ISIN identifies one exact share class of a fund; 0WAX is its ticker on the London Stock Exchange. The same share class is also listed as 18MF (Xetra, euros).
What does 0WAX hold?
0WAX 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 0WAX’s returns in each of the last five years?
Calendar-year returns of 0WAX in pounds (price only): 2022 −28.8%, 2023 +39.2%, 2024 +60.2%, 2025 +2.7%; 2026 to 13/11/2026 +26.1%. Past performance is not a guide to future returns.
How has 0WAX done after inflation?
Over the five years to 13/11/2026 0WAX’s total return was +120.5%, or +72.1% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
Methodology:ReturnsCategoriesAll methods
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