"UBS ETF (IE) Global Gender Equality UCITS ETF (hedged to EUR) A-acc" is an exchange-traded, Euro hedged investment fund (ETF). It refers to the Solactive Equileap Global Gender Equality 100 Leaders Index. This index reflects the development of world wide stocks . The ETF replicates its index using full physical replication, so it contains all the securities of its reference index. The ETF's earnings (dividends) are automatically reinvested (accumulated). The fund company UBS ETF claims a total expense ratio (TER) of 0.23% per year. The yearly average divergence from the index performance (Tracking Difference) since 2018 was -0.12% per year. Therefore, the ETF was less expensive than the TER suggests and even exceeded the index performance.