4Mon·

Amundi Leveraged MSCI USA Daily UCITS ETF


Hello,


what do you think of this leveraged ETF? Buy in "minor crashes" and sell again if it rises super fast.


$CL2 (+1.03%)

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Clear risk even with much higher volatility, you should be aware of that.


What do you think? Or do you have any better ETFs to suggest?

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17 Comments

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And how do you know it's only a "small" crash and not a big one? 🤔
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@PowerWordChill oh dear, please don't ask such questions :( the answer to this is the holy grail of the stock market
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@BockaufDividenden But that's exactly the problem, you buy the small crash in the hope that it will recover, but if it goes further down you're screwed 😅
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@PowerWordChill yes, the idea would be to go in with a maximum of €2-3,000, but no more than that... That's right.
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@BockaufDividenden By the way, there is a 3x and 5x S&P500 if you really want to have fun or you can take open-end factor certificates 🚀
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@PowerWordChill phew, unfortunately I can't do anything with factor certificates
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40% Germany 🤔. Is the composition displayed incorrectly here? It seems so.
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@Gernhard_Reinholzen Keyword synthetic replication. Representation is probably correct.
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@Gernhard_Reinholzen As @All-in-or-nothing says. It is synthetic replication. So the ETF buys its own stocks to replicate the index.
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Hm, the factsheet says 100% USA. So I'm a little surprised at the high proportion of Germany. It must be the composition of the MSCI USA, which can be found in the fact sheet.
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@Gernhard_Reinholzen The factsheet (or at least the issuer's website) should show the index composition and the fund positions. In the case of synthetic replication, these usually differ considerably (usually completely) from each other.
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@BockaufDividenden here the provider page:

https://www.amundietf.de/de/professionell/products/equity/amundi-etf-leveraged-msci-usa-daily-ucits-etf-eur/fr0010755611

In the "Composition" section, you can find the actual index components AND, more importantly, the top 10 ETF positions as well as the complete list of positions as a PDF😉 What is listed there is actually what is currently included.
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@All-in-or-nothing Top, thank you
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Do something like this with 2x NASDAQ and 200 SMA
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@doddelwa Do you mean this one? FR0010342592 $LQQ
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