"Vanguard Global Aggregate Bond UCITS ETF EUR Hedged Accumulating" is an exchange-traded, Euro hedged investment fund (ETF). It refers to the Bloomberg Global Aggregate Float-Adjusted and Scaled Index. This index reflects the development of stocks . The ETF replicates its index using physical replication with sampling, so it contains the most important 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 0.10% per year. The yearly average divergence from the index performance (Tracking Difference) since 2020 was 0.07% per year. Therefore, the ETF was slightly less expensive than the TER suggests.