"UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis" is an exchange-traded investment fund (ETF). It refers to the MSCI Emerging Market SRI Low Carbon Select 5% Issuer Capped Index. This index reflects the development of 243 stocks and is therefore relatively 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 distributed to the investors. The fund company UBS ETF claims a total expense ratio (TER) of 0.24% per year. The yearly average divergence from the index performance (Tracking Difference) since 2015 was 0.52% per year. Therefore, the ETF was more expensive than the TER suggests.