"Vanguard FTSE Japan UCITS ETF EUR Hedged Accumulating" is an exchange-traded, Euro hedged investment fund (ETF). It refers to the FTSE Japan EUR Hedged Index. This index reflects the development of Japanese stocks . The ETF replicates its index using full physical replication, so it contains all the 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 0.20% per year. The yearly average divergence from the index performance (Tracking Difference) since 2021 was 0.60% per year. Therefore, the ETF was more expensive than the TER suggests.