{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": true,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [
            "Derivatives used for efficient portfolio management",
            "Actively managed",
            "ESG analysis"
        ],
        "classification": "non-complex",
        "supporting_data": "The ETF is UCITS compliant and actively managed. It invests primarily in European companies and uses derivatives for efficient portfolio management (EPM), which is generally considered non-complex. It also incorporates ESG analysis in its investment decisions, which could add a layer of complexity. While the ETF seeks to outperform its benchmark, it bears a close resemblance to it. The risk profile is rated 6/7, indicating high volatility, but not necessarily structural complexity. Considering it is a UCITS ETF with a focus on physical replication and derivative usage limited to EPM, it leans towards non-complex, but needs careful regulatory consideration."
    }
}