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Amundi PEA US Tech Screened UCITS ETF - AccIndex, costs, backtest, listings and taxation

ISIN: FR0013412269Ticker: PANXIssuer: AmundiClass: Acc
Issuer-declared data
Declared index
Solactive ISS ESG US Tech 100 Index
TER
0.30%
Transaction costs
0.00% (issuer estimate, from the KID)
Management
Passive (index-tracking) (from the KID)
Replication
SFDR
Article 8 — promotes environmental or social characteristics what does it mean?
Fund assets
449.7 mln EUR
NAV
78.91 EUR (1 September 2026)
Domicile
France
Inception date
25 April 2019
Data as declared by Amundi in the issuer’s official files and endpoints · collected on 2 September 2026 (monthly refresh). Facts only, no recommendation.
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Description

Amundi PEA US Tech Screened UCITS ETF - Acc tracks the issuer-declared index: Solactive ISS ESG US Tech 100 Index. The declared annual cost (TER) is 0.30%, plus 0.00% in transaction costs estimated by the issuer in the KID. Replication is synthetic replication (swap based); income is accumulated and reinvested in the fund. The fund has assets of about 450 million euro, was launched on 25 April 2019 and is domiciled in France.

The fund’s objective — in the issuer’s words

The Fund is a passively managed index-based UCITS. The Fund promotes environmental and/or social characteristics within the meaning of the Disclosure Regulation. By subscribing to Amundi PEA US Tech Screened UCITS ETF, you are investing in a passively managed UCITS whose objective is to replicate as closely as possible the performance of the Solactive ISS ESG US Tech 100 Index (the "Index") regardless of whether it experiences a positive or negative development. The maximum tracking error objective between the growth of the net asset value of the Fund and that of the Index countervalued in euro is indicated in the Fund's prospectus. The Index, gross dividends reinvested (dividends, not taking into account any taxation, paid by the equities composing the index are included in the calculation of the index), denominated in US dollars, is calculated and published by the index provider Solactive. You are exposed to currency risk between the currencies of the equities that make up the Index and the currency of the Fund. The equities included in the Index are derived from the universe of securities of non-financial companies listed on NASDAQ, a US market that primarily features US and non-US securities from the technology, internet and IT sectors. The Index then applies environmental, social and governmental (ESG) filters: Exclusion of certain activities based on ESG criteria according to the MSCI ESG Research methodology; Determination of the eligibility of the remaining companies according to their MSCI ESG and MSCI ESG Controversies ratings as defined by MSCI; Construction of the Index by adopting a Best-in-Class approach to the remaining eligible securities: only securities from companies with the highest ESG ratings (according to the methodology used by the data provider, ISS) and which represent 75% of the remaining universe (by free-float market capitalisation or by number of securities, whichever is more restrictive) are included in the Solactive ISS ESG US Tech 100 Index. The approach aims to favour the best-performing companies within a universe, sector or class, allowing it to reduce the size of the Investment Universe by at least 20% (in terms of the number of issuers). The non-financial hedging rate represents more than 90% of the securities that comprise the Index. The limits of this approach are described in the Fund's prospectus, citing risk factors such as sustainability risk. The ESG score of companies is calculated by an ESG rating agency based on raw data, models and estimates collected and calculated using proprietary methods. Due to the lack of uniformity and the uniqueness of each methodology, the information provided may be incomplete. More information on the composition and operating rules of the Index can be found in the prospectus and on www.solactive.com/indices. The Index is available via Reuters (SOUTESGN) and Bloomberg (.SOUTESGN). In order to replicate the Index, the Fund exchanges the performance of the assets held by the Fund for that of the Index by entering into forward foreign exchange contracts or total return swaps (a forward financial instrument, "TRS") (synthetic replication of the Index). You will have a permanent investment, via the Basket, of at least 75% in securities eligible for the French Equity Savings Plan (PEA, a savings plan reserved for French investors).

Keep reading the KID section ▾

Intended retail investors:This product is intended for investors with a basic knowledge and/or no or limited experience of investing in funds, who are seeking to increase the value of their investment over the recommended holding period and who are able to bear a loss of up to the full amount invested. The product is not open to residents of the United States of America/"U.S. Person" (the definition of "U.S. Person" is available on the Management Company's website www.amundi.com and/or in the prospectus). Redemption and transaction: The Fund's units are listed and traded on one or more stock exchanges. Under normal circumstances, you can trade units during trading hours. Only authorised participants (e.g. selected financial institutions) can trade units directly with the Fund on the primary market. Further details are provided in the Fund's prospectus.

Distribution Policy:In accordance with the prospectus, income and capital gains from sales may be capitalised or distributed at the discretion of the Management Company. More information: Further information regarding this product, including the prospectus and financial reports, is available free of charge on request from: Amundi Asset Management, 91-93 boulevard Pasteur, 75015 Paris, France. The net asset value of the product is available at www.amundi.fr Depositary: CACEIS Bank. Representative in Switzerland: . Paying agent in Switzerland: Swiss_paying_agent. In Switzerland, the prospectus, the Key Information Document, the Articles of incorporation as well as the annual and semi-annual reports of this UCITS can be obtained, free of charge, from the representative in Switzerland.

From the KID’s “Objectives” section · 4 August 2026 · original document ↓
Text generated from the data the issuer declares in official product lists. No recommendation.

Quick reads

  • TER 0.30%: above the median of equity ETFs we track (0.22%).
  • Average tracking difference over the last 3 years: -0.40% p.a., against a declared TER of 0.30%.
Comparisons computed by Rebalix on the declared data in our census; they describe the past and are not indicative of future results.

Official documents

Key Information Document (KID)PDF in English, from the issuer’s site — always the latest filed versionProspectusPDF in English, from the issuer’s site — the fund’s full legal documentFactsheetPDF in French, from the issuer’s site — the fund’s monthly snapshot
The KID is the document the law requires you to read before investing: 3 pages covering risks, costs and scenarios. The link opens the issuer’s published PDF.

Fund performance

issuer-declared net asset value (NAV) · EUR · from Apr 2019 to Sept 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
+299.4%
Annualised
+20.7%
Volatility (ann.)
25.0%
Max drawdown
-30.92%
-14%+68%+151%+233%+315%Apr 2019Feb 2021Dec 2022Oct 2024Sept 2026The break-even line: the value at the start of the period. Above it you are in gain, below in loss.break-even (0%)+299%Apr 2019Sept 2026
Tip: drag across the chart to zoom into a period.

Drawdown — distance from previous peak

This isn’t the return: it shows how far the fund is below its previous peak. 0% = you’re at the peak; below zero = how much you’re down and haven’t recovered yet.
0%-10%-20%-30%-40%-50%2019202120232025−30.92% · 28 Dec 2022
Max drawdown
-30.92%
peak → trough
Trough
28 Dec 2022
from the 19 Nov 2021 peak
Recovery time
260 days
recovery only: trough to break-even · ≈ 9 months
Underwater
664 days
decline + recovery: peak to break-even · ≈ 1 year and 10 months · → recovered on 14 Sept 2023

The five worst falls in the period

From the peak ofTroughDepthBack to break-evenDays underwater
19 Nov 202128 Dec 2022-30.92%14 Sept 2023664
19 Feb 202016 Mar 2020-29.98%22 Jun 2020124
24 Dec 202408 Apr 2025-28.05%22 Sept 2025272
10 Jul 202405 Aug 2024-16.02%12 Nov 2024125
03 Nov 202530 Mar 2026-12.38%17 Apr 2026165

Calendar-year returns

2019
11.4%
2020
36.1%
2021
36.7%
2022
-28.2%
2023
46.7%
2024
38.1%
2025
10.1%
2026
20.2%

Month-by-month returns

JanFebMarAprMayJunJulAugSeptOctNovDecYear
2026-0.9-3.0-2.515.810.6-0.7-3.03.50.620.2
2025-0.8-2.2-11.3-5.87.53.37.30.86.29.3-0.9-1.810.1
20245.04.93.3-2.47.98.6-3.4-1.60.82.06.32.338.1
20238.72.06.9-1.111.54.12.70.0-2.7-2.47.13.146.7
2022-7.2-4.85.2-8.6-3.1-6.715.4-3.8-8.23.11.4-12.2-28.2
20211.00.04.83.4-2.79.72.84.7-4.08.14.70.136.7
20204.3-5.0-7.515.44.65.32.09.9-3.8-2.58.22.736.1
2019-7.85.34.7-0.81.82.05.32.111.4
From month-end NAVs, over the fund’s full history, on the series shown in the chart (dividends reinvested where declared). Deeper colour = larger move.
Source: Amundi. Issuer-declared historical series; inflation: Eurostat and national statistical institutes, latest available July 2026 — for later days the index stays at the last published value (institutes publish with a few weeks’ lag). The «adjusted for inflation» view expresses value in today’s purchasing power for the selected country; volatility always stays nominal, as elsewhere on the site (deflating it would add artificial swings caused by the monthly cadence of the price index). Past performance is not indicative of future results: these are facts, not a recommendation.

Tracking difference — fund vs index

How much the fund returned above (+) or below (−) its index, year by year. It measures the actual deviation: the combined effect of costs (TER and transaction), securities-lending revenue and replication optimisations — which is why it can beat the TER. Tracking difference was positive in 4 of the last 6 calendar years: a past observation, not an indication of future outperformance.
Average TD (last 3 years)
-0.40% /anno
Declared TER
0.30%
YearFundIndexDifference
2025+10.12%+10.81%-0.69%
2024+38.07%+38.87%-0.79%
2023+46.71%+46.43%+0.27%
2022-28.17%-28.57%+0.41%
2021+36.73%+36.24%+0.49%
2020+36.13%+35.39%+0.74%
Total-return figures from issuer-declared series (primary source); complete calendar years. TD is not comparable across sites using different methodologies or index variants. Past performance is not indicative of future results. What is tracking difference? →

Risk indicators· EUR

Last yearLast 3 yearsLast 5 yearsFull history
Volatility (ann.)19.11%21.59%23.44%24.77%
Max drawdown-12.38%-28.05%-30.92%-30.92%
Sharpe1.520.950.630.80
Sortino2.271.380.901.15
Computed from the daily NAV series, always in nominal terms. Sharpe and Sortino use the ECB main refinancing rate averaged over the period (last year: 2.21%), weighted by days in force, as the risk-free rate. Same formulas as our public methodology: sample standard deviation annualised over 252 days; Sortino with downside deviation. Past performance is not indicative of future results. Figures in EUR, the fund's currency; the table follows the currency selected in the chart.

Portfolio holdings

Securities in portfolio
41
Top-10 weight
47.6%

Top 10 holdings

ASML HOLDING NV · ASML NA
8.37%
AIRBUS SE PARIS · AIR FP
7.37%
TEXAS INSTRUMENTS COM USD1 · TXN UW
4.28%
DHL GROUP (XETRA) · DHL GY
4.16%
SIEMENS ENERGY AG · ENR GY
4.13%
SAMPO OYJ-A SHS · SAMPO FH
4.13%
KONINKLIJKE KPN NV · KPN NA
3.98%
DEUTSCHE BANK AG NAMEN · DBK GY
3.74%
INFINEON TECHNOLOGIES AG · IFX GY
3.73%
THYSSEN KRUPP AG · TKA GY
3.66%
Download the full portfolio — Excel, 42 rows
Full portfolio declared by Amundi, as of 1 September 2026: this is the summary. Percentages may not sum to 100 due to cash, derivatives and rounding. Synthetic replication: the list shows the substitute basket (securities held as swap collateral), which can differ substantially from the replicated index. The fund’s economic exposure is that of its declared index.
Fund historyFund-assets (AUM) chart year by year and monthly basket snapshots.Open the history →

Where it shows up commission-free in Italy

According to the official lists published by the brokers (downloaded and cross-checked by us), these share classes of the fund appear tradable with zero fees:

FR0013412269
  • XTBzero (up to €100,000 monthly volume, unreachable for a retail plan); fractions available in plans
Full terms, traps and method in the observatory: Free savings plans and zero-commission ETFs: the broker survey

Official lists verified on 3 September 2026. We record published terms — this is neither an invitation to open accounts nor a recommendation: lists change, the broker’s documents prevail. Trade Republic, Scalable Capital and Trading 212 publish no per-ISIN lists and don’t appear here.

Stock exchange listings

ExchangeTickerTrading since
Börse Düsseldorf18M76 Nov 2024
Börse Hamburg18M715 Feb 2021
Börse Hannover18M716 Jan 2026
Börse Stuttgart18M723 Feb 2026
Euronext ParisPANX15 May 2019
Tradegate Exchange18M713 Nov 2023
+ 19 more trading venues (MTFs and professional platforms).
Trading venues from the official ESMA register (FIRDS); per-exchange tickers from the issuer’s tax documents and official listings. A dash “—” = that venue does not publish the item (ticker, currency or start date) in the sources we read. The same fund may trade in different currencies depending on the exchange: check the trading currency with your broker. Non-EU listings (e.g. UK, Mexico) not included.

Frequently asked questions

Which index does Amundi PEA US Tech Screened UCITS ETF - Acc track?
The issuer Amundi declares the benchmark: Solactive ISS ESG US Tech 100 Index.
How much does PANX cost?
The issuer-declared TER is 0.30% per year; the transaction costs estimated in the KID are 0.00%.
What is the fund size of PANX?
The fund size declared by Amundi is about 450 million euro.
When was PANX launched?
The fund was launched on 25 April 2019: it has 7 years of history.
How does PANX replicate its index?
It is a passively managed ETF: it follows the declared index. Synthetic (swap) (issuer wording: “Indirect(Swap Based)”).
Does PANX pay dividends?
No: it is an accumulating share class — income stays in the fund and is reinvested automatically (issuer wording: “Capitalisation and/or distribution”).
Where does PANX trade?
Per the official ESMA register it trades on 6 main exchanges, including Börse Düsseldorf (18M7), Börse Hamburg (18M7), Börse Hannover (18M7), Börse Stuttgart (18M7), Euronext Paris (PANX), Tradegate Exchange (18M7).
What was PANX's worst fall?
Over the available history (since 2019), the maximum drawdown was -30.92%, reached in December 2022. Past performance is not indicative of future results.
What is PANX's tracking difference?
Over the last 3 complete calendar years the fund returned on average -0.40% per year versus its index (from issuer-declared series).
How many securities does PANX hold?
The declared portfolio holds 41 securities; the top 10 positions weigh 47.6%.
Transparency note
The data in this sheet is declared by Amundi in the issuer’s official files and endpoints, collected by Rebalix with a monthly refresh; taxation derives from the issuer’s tax documents (Italian Law Decree 138/2011). This is factual information for informational purposes only: it is not financial or tax advice, nor an investment recommendation. Read the fund’s KID and prospectus before investing.