Amundi S&P 500 Swap UCITS ETF USD Acc

Amundi S&P 500 Swap UCITS ETF USD Acc is an exchange-traded fund (ETF) designed to replicate the performance of the S&P 500 Index, which comprises the 500 largest U.S. stocks by market capitalization. Managed by Amundi Index Solutions and domiciled in Luxembourg, this UCITS-compliant fund employs a synthetic replication strategy using total return swaps to achieve close tracking of the index, minimizing tracking error between its net asset value and the benchmark. As an accumulating ETF, it reinvests dividends rather than distributing them, allowing for compounded growth within the fund. With a low total expense ratio of 0.15% per annum, it provides cost-efficient exposure to U.S. large-cap equities across diversified sectors such as technology (approximately 35%), financial services (13%), and communication services (11%). Launched around 2010, the fund has grown substantially to over EUR 3 billion in assets, underscoring its popularity among investors seeking broad U.S. equity market participation without direct stock ownership. Unhedged against currency risk and denominated in USD, it reflects the blend investment style of the S&P 500, capturing both growth and value characteristics in the American economy.