{
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The Xtrackers Stoxx Europe 600 UCITS ETF uses physical replication to track the STOXX Europe 600 Index, which consists of large, mid, and small-cap companies in Western Europe. The fund employs derivatives solely for currency hedging and efficient portfolio management, not for leverage or complex strategies. The KIID explicitly states that derivatives are used to manage foreign currency fluctuations and improve efficiency, which aligns with standard practices for non-complex ETFs. The risk profile is classified as category 6 due to market volatility, but this is typical for equity ETFs and does not indicate structural complexity. The fund's transparency, liquidity, and straightforward replication method further support its non-complex classification.",
    "confidence": 95
}