Amundi Core Nasdaq-100 Swap UCITS ETF EUR Hedged Acc
Amundi Core Nasdaq-100 Swap UCITS ETF EUR Hedged Acc is an exchange-traded fund (ETF) from Amundi, traded under the ticker BUNH (ISIN LU1954152853). One trade buys a whole basket of holdings, so your money is spread out instead of riding on a single company. At its core it is a focused, thematic fund: it concentrates on the information technology part of the market, so it lives or dies by that one area rather than the economy as a whole. Underneath, it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't. It follows the NASDAQ-100 Currency Hedged EUR Net Total Return Index index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include NVIDIA CORP, APPLE INC and MICROSOFT CORP. Geographically it leans ~94.8% United States, ~1.8% Ireland and ~1.4% Netherlands. Its heaviest sectors are ~57.8% Information Technology and ~14.2% Communication Services. A focused fund like this is typically held as a smaller 'satellite' position around a broader core — a way to lean into one theme, not usually a portfolio's only holding. Its ongoing charge (TER) is 0.25% a year — about €25 a year on a €10,000 holding, taken automatically from the fund. It is an accumulating share class: dividends are rolled straight back in, compounding your returns rather than landing in your account as cash. It tracks its index through a swap agreement rather than owning every holding (synthetic replication); it is domiciled in Luxembourg and UCITS-regulated, a European standard built to protect everyday investors and trades in EUR. On the standard KID risk scale it is rated 6 out of 7 — a gauge of how much the value moves, not a judgement of quality. It launched in 2021, and its KID suggests a holding period of 5 years. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from Amundi.)
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About this fund
What you own
The NASDAQ-100 Currency Hedged EUR Net Total Return Index index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 10 companies across United States in a single purchase.
Dividends
The fund automatically reinvests dividends back into itself, so your holding grows without cash payouts.
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Rolling the dividends straight back in means your money compounds automatically, with nothing for you to reinvest by hand. The flip side is there is no cash income; the growth simply shows up as a higher fund value. Note that reinvested dividends can still be taxable in some countries even though you never receive the cash — the rules depend on where you live.
How it works
The fund uses a swap contract with a bank to mirror the index, instead of holding the shares directly.
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Rather than hold the shares, the fund signs a swap with a bank that agrees to pay it the index return. This can track some markets very tightly and cheaply, but it adds counterparty risk — the small chance the swap partner cannot pay — which regulated funds limit and back with collateral. It reaches the same index a different way, with a different set of trade-offs to physical funds.
Cost
The yearly running cost of the fund, shown as a % of your money. €0.20 per €100 a year at 0.20%. Lower is cheaper.
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It is skimmed quietly from inside the fund a little each day, so you never get a bill — but it drags on your return every year you hold. On a broad index ETF it is usually a small fraction of a percent; the gap between a cheap and a pricey fund looks tiny on day one but compounds over decades, which is why it is worth a glance.
Fund facts
Performance
The bigger picture
What's inside
By sector ?
The 10 biggest holdings make up 45.9% of the fund.
Top 10 holdings
| # | Company | Weight |
|---|---|---|
| 1 | NVIDIA CORP | 8.1% |
| 2 | APPLE INC | 7.9% |
| 3 | MICROSOFT CORP | 4.8% |
| 4 | AMAZON.COM INC | 4.3% |
| 5 | MICRON TECHNOLOGY INC | 4.3% |
| 6 | ADVANCED MICRO DEVICES | 3.6% |
| 7 | ALPHABET INC CL A | 3.3% |
| 8 | META PLATFORMS INC-CLASS A | 3.2% |
| 9 | TESLA INC | 3.2% |
| 10 | ALPHABET INC CL C | 3.1% |
Where to buy this fund
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Where it trades
| Exchange | Ticker | Currency | |
|---|---|---|---|
| Frankfurt | BUNH | EUR | ★ Primary |
| EUR listings | |||
| B3 | USTHM | EUR | |
| Borsa Italiana | USTH | EUR | |
| E1 | BUNHEUR | EUR | |
| EB | USTHM | EUR | |
| EU | BUNHEUR | EUR | |
| GD | BUNH | EUR | |
| GS | BUNH | EUR | |
| I2 | USTHM | EUR | |
| IX | USTHM | EUR | |
| L1 | USTHM | EUR | |
| L3 | USTHM | EUR | |
| LA | BUNH | EUR | |
| LU | BUNH | EUR | |
| PO | USTHM | EUR | |
| QT | BUNH | EUR | |
| S1 | USTHM | EUR | |
| S4 | USTHM | EUR | |
| X9 | BUNHEUR | EUR | |
| XA | BUNHEUR | EUR | |
| XE | BUNHEUR | EUR | |
| XF | BUNHEUR | EUR | |
| XG | BUNHEUR | EUR | |
| XH | BUNHEUR | EUR | |
| XJ | BUNHEUR | EUR | |
| XL | BUNHEUR | EUR | |
| XO | BUNHEUR | EUR | |
| XQ | BUNHEUR | EUR | |
| XS | BUNHEUR | EUR | |
| XU | BUNHEUR | EUR | |
| XV | BUNHEUR | EUR | |
| XW | BUNHEUR | EUR | |
| XX | BUNHEUR | EUR | |
| XZ | BUNHEUR | EUR | |
For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows
How it ranks vs peers
Versus the Equity (stocks) · United States · EUR ETFs we track.
Advanced risk
Tilt vs a world tracker
Percentage points over / under a broad world-equity tracker (not a licensed benchmark).
Documents
Similar funds
We found 6 funds that do much the same job as this one. To pick them we matched this fund's asset class and region, then show how close each match is below.
| Amundi Core Nasdaq-100 Swap UCITS ETF EUR Hedged AccAmundiYou're viewing | State Street® SPDR® S&P 500® ETF TrustSPDRBroader match | iShares Core S&P 500 UCITS ETFiSharesBroader match | iShares Core S&P 500 UCITS ETFiSharesBroader match | State Street® SPDR® Portfolio S&P 500® ETFSPDRBroader match | iShares Core S&P 500 UCITS ETFiSharesBroader match | Schwab U.S. Dividend Equity ETFSchwabBroader match | |
|---|---|---|---|---|---|---|---|
| Why it's similar | This is the fund on this page. | StocksCheaper fee Tracks a different index in the same category. | StocksCheaper fee Tracks a different index in the same category. | StocksAccumulatingCheaper fee Tracks a different index in the same category. | StocksCheaper fee Tracks a different index in the same category. | StocksAccumulatingCheaper fee Tracks a different index in the same category. | StocksCheaper fee Tracks a different index in the same category. |
| Index tracked | NASDAQ-100 Currency Hedged EUR Net Total Return Index | S&P 500 Index | S&P 500 | S&P 500 | S&P 500 Index | S&P 500 | |
| Yearly fee (TER) | 0.25% | 0.09% | 0.10% | 0.10% | 0.02% | 0.07% | 0.06% |
| All-in cost | 0.00% | 0.00% | 0.10% | 0.00% | 0.00% | 0.07% | 0.00% |
| Fund size | €7.2B | €686.6B | €180.2B | €154.3B | €139.3B | €134B | €88.2B |
| Domicile | LU | United States | Ireland | Ireland | United States | Ireland | United States |
| Replication | Synthetic (swap) | Physical (full) | Physical (full) | Physical (full) | Physical (full) | Physical (full) | Physical (full) |
| 3-yr return p.a. | +18.3% | +17.4% | +18.3% | +19.4% | +10.2% | ||
| 5-yr return p.a. | +11.5% | +10.4% | +11.5% | +12.8% | +5.5% | ||
| # holdings | 10 | 505 | 511 | 511 | 508 | 511 | 103 |
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Finance Hamster provides educational information about ETFs and investing. It is not investment, tax, or legal advice, and not a recommendation to buy or sell any security. Markets carry risk; do your own research or consult a licensed adviser.