"SPDR MSCI ACWI USD Hdg UCITS ETF" is an exchange-traded investment fund (ETF). It refers to the MSCI ACWI with Developed Markets 100% hedged to USD Index. This index reflects the development of world wide 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 SPDR claims a total expense ratio (TER) of 0.45% per year. The yearly average divergence from the index performance (Tracking Difference) since 2021 was 0.10% per year. Therefore, the ETF was less expensive than the TER suggests.