"Amundi Stoxx Europe 600 - UCITS ETF Acc" is an exchange-traded investment fund (ETF). It refers to the STOXX Europe 600 Index. This index reflects the development of 600 European stocks and is therefore very well diversified. 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 Amundi claims a total expense ratio (TER) of 0.07% per year. The yearly average divergence from the index performance (Tracking Difference) since 2014 was -0.18% per year. Therefore, the ETF was less expensive than the TER suggests and even exceeded the index performance.