{
    "success": true,
    "data": {
        "leverage": true,
        "derivates": true,
        "swaps": true,
        "inverse": true,
        "replication_method": "synthetic",
        "ucits": true,
        "type": "ETP",
        "complex_factors": [
            "Leverage",
            "Daily Reset Compounding Effect",
            "Shorting Stocks",
            "Derivatives (implied through daily short strategy)",
            "Roll costs"
        ],
        "classification": "complex",
        "supporting_data": "The WisdomTree FTSE 100 2x Daily Short ETP is classified as complex due to several factors.  The KID explicitly states 'You are about to purchase a product that is not simple and may be difficult to understand'. The product uses a leveraged short exposure strategy (-2 times daily performance), which involves derivatives and the 'rolling' of futures contracts.  The daily reset mechanism has a compounding effect, particularly pronounced during volatile market periods, making the product's performance significantly deviate from a simple -2x multiplier of the index over longer timeframes. This introduces inherent complexity beyond basic financial literacy,  The use of shorting stocks also introduces additional risk and complexity that an average retail investor may not understand.  The use of futures contracts and their daily rolling introduces complexities which are not easy to understand. Finally the highest risk rating of 7/7 supports the classification as complex."
    }
}