"Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF (USD) Accumulating" is an exchange-traded investment fund (ETF). It refers to the FTSE Developed Asia Pacific ex Japan Index. This index reflects the development of 399 Asia-Pacific stocks and is therefore relatively well diversified. 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 Vanguard claims a total expense ratio (TER) of 0.15% per year. The yearly average divergence from the index performance (Tracking Difference) since 2020 was 0.10% per year. Therefore, the ETF was slightly less expensive than the TER suggests.