{
    "type": "ETP",
    "ucits": false,
    "replication_method": "physical",
    "leverage": true,
    "inverse": true,
    "derivatives": false,
    "swaps": false,
    "complex_factors": [
        "Inverse exposure",
        "Leverage",
        "Short-term holding recommendation"
    ],
    "classification": "complex",
    "supporting_data": "The product is classified as complex due to its inverse leverage structure (-1x exposure to Uber stock), which introduces significant risk and requires daily monitoring. While it uses physical replication (owning the underlying assets), the inverse leverage and short-term holding recommendation (1 day) make it unsuitable for retail investors without sophisticated knowledge. The risk indicator (6/7) and warnings about compounding effects further support this classification. The PRIIPs KID confirms the product is only suitable for sophisticated traders who understand leverage and daily rebalancing. The fact that it is not UCITS-compliant also aligns with a complex classification.",
    "confidence": 90
}