Amundi launches the first GDP-weighted UCITS ETFs
12 JUN, 2026
By Joanna Piwko from RankiaPro Europe
Amundi has announced the launch of the first UCITS ETFs weighted by Gross Domestic Product (GDP), in a bid to offer new diversification tools in a market context marked by uncertainty, concentration risks and high valuations in the United States. The firm has introduced an equity exchange-traded fund, the Amundi FTSE All World GDP-Weighted UCITS ETF, and a fixed income one, the Amundi Global Government Bond GDP Weighted UCITS ETF.
As the manager explains, these new ETFs are aimed at investors looking for alternatives to traditional diversification based on market capitalization-weighted indices. Instead of assigning the weight of each country based on the stock market size of its companies or the volume of its market, this methodology takes as a reference the participation of each economy in the global GDP.
Amundi argues that this approach allows the portfolio's exposure to more faithfully reflect the real footprint of the global economy. At a time when major global indices present a high concentration in a few markets and companies, the entity believes that a more balanced portfolio construction gains relevance among investors.
Greater weight for emerging and European markets
The manager highlights that a GDP-based weighting increases exposure to emerging economies and Europe, regions that, in their view, continue to be underrepresented in traditional indices despite their contribution to global growth. In this regard, it recalls that China and emerging countries represent more than 40% of the global GDP and maintain some of the strongest growth prospects.
With this proposal, Amundi seeks to offer investors a way to capture the long-term growth potential of these economies, while reducing dependence on a limited number of large companies or dominant markets within a global allocation. The firm frames this launch in its strategy of innovation in customer-focused products.
The current market environment requires investors to strengthen the resilience of their portfolio and adapt to an investment landscape in which diversification is one of the most effective responses. Backed by our DNA of product innovation, we are pleased to introduce these new tools, which allow clients to capture long-term global growth by reflecting the economic weight of each region, and expand diversification through a balanced allocation among different geographical areas.
Benoit Sorel, director of the ETF and Indexing business line at Amundi
