Amundi Launches Low-Cost S&P 500 Financials ETF

Amundi has expanded its U.S. equity lineup with the launch of the Amundi S&P 500 Financials UCITS ETF (ASPF), listed on Deutsche Börse with a competitive 0.12% expense ratio. The ETF tracks the S&P 500 Capped 35/20 Financials Index, providing exposure to 76 financial-sector stocks while limiting concentration through constituent caps. ASPF undercuts comparable offerings from iShares and Invesco by two to three basis points, strengthening Amundi’s position in sector ETFs. The launch comes as broader U.S. equity ETFs attract renewed inflows, even as financial-sector ETFs have recently faced investor outflows.