"SPDR Dow Jones Global Real Estate UCITS ETF" is an exchange-traded investment fund (ETF). It refers to the DJ Global Real Estate Securities Index. This index reflects the development of 253 world wide 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 SPDR claims a total expense ratio (TER) of 0.40% per year. The yearly average divergence from the index performance (Tracking Difference) since 2013 was 0.29% per year. Therefore, the ETF was less expensive than the TER suggests.