{
    "leverage": true,
    "derivatives": true,
    "swaps": false,
    "inverse": true,
    "replication_method": "physical",
    "ucits": false,
    "type": "ETP",
    "complex_factors": [
        "Inverse leverage (-3x)",
        "Short position",
        "High risk profile (Class 7)",
        "Daily rebalancing with compounding effect",
        "Not suitable for retail investors"
    ],
    "classification": "complex",
    "supporting_data": "The product is classified as complex due to its inverse leverage (-3x) and short position, which magnifies risk and requires sophisticated understanding. The daily rebalancing and compounding effect further complicate the returns, making it unsuitable for retail investors. The risk profile is rated Class 7 (highest risk), and the product is explicitly stated to be intended for sophisticated investors who can monitor positions frequently. The physical replication method does not mitigate the complexity due to the leveraged and inverse nature of the strategy. The PRIIPs KID also includes a comprehension warning, reinforcing the complexity classification.",
    "confidence": 95
}