Amundi S&P 500 Equal Weight UCITS ETF

Amundi S&P 500 Equal Weight UCITS ETF is an exchange-traded fund designed to track the performance of the S&P 500 Equal Weight Index, which represents large-cap US companies. Unlike traditional market-cap weighted benchmarks, this product allocates an identical fixed weight to each of the 500 constituent stocks, promoting diversification by minimizing concentration in the largest firms. Its primary objective is to replicate the returns of the underlying index as closely as possible through synthetic replication using swaps. Notably, the ETF features an accumulating dividend policy, meaning any income generated is reinvested within the fund, and it maintains a low total expense ratio of 0.12% per annum. Launched in March 2025 and domiciled in Luxembourg, it manages a substantial asset base and targets investors seeking broad, equally weighted exposure to the US equity market. By doing so, it offers a distinct alternative to conventional S&P 500 products, supporting portfolio balance across all major sectors represented in the index.