{
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The Xtrackers S&P 500 Equal Weight Scored & Screened UCITS ETF uses physical replication to track its index, with derivatives only employed for currency hedging and efficient portfolio management, not as a core strategy. The fund has a straightforward investment objective, invests in liquid equities, and maintains a transparent structure. While it uses derivatives for hedging purposes, this is within the scope of efficient portfolio management (EPM) and does not introduce significant additional risk or complexity. The risk profile (category 6) is primarily due to equity market exposure rather than structural complexity. The fund's ESG screening and equal-weight methodology are rules-based but do not introduce complexity beyond standard equity ETFs.",
    "confidence": 95
}