{
    "leverage": true,
    "derivatives": true,
    "swaps": false,
    "inverse": true,
    "replication_method": "physical",
    "ucits": false,
    "type": "ETP",
    "complex_factors": [
        "Inverse exposure",
        "Leverage",
        "Short-term trading focus",
        "High risk profile"
    ],
    "classification": "complex",
    "supporting_data": "The product is classified as complex due to its inverse (-1x) leverage structure, which magnifies returns and risks. The KIID explicitly states this is not suitable for retail investors and requires frequent monitoring. The product's high risk rating (7/7) and the compounding effect of daily rebalancing make it unsuitable for long-term holding. While it uses physical replication (owning the underlying stock), the inverse leverage and short-term trading focus create significant complexity. The PRIIPs KID confirms this is intended for sophisticated traders only, reinforcing the complex classification.",
    "confidence": 95
}