{
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The Xtrackers DAX ESG Screened UCITS ETF is a physically replicated ETF that directly holds the underlying securities of the DAX ESG Screened Index. The KIID explicitly states that the fund uses physical replication by buying all or a substantial number of the securities in the index. While the fund may use derivatives for risk management, reducing costs, or improving results, this is a common practice for efficient portfolio management (EPM) and does not inherently make the fund complex under MiFID II. The fund does not employ leverage, inverse strategies, or synthetic replication. The risk profile is classified as category 6, which is typical for equity ETFs and does not indicate complexity. The fund is UCITS-compliant, providing additional investor protections and transparency. The absence of capital protection mechanisms, structured features, or complex underlying assets further supports the non-complex classification.",
    "confidence": 95
}