"Amundi USD Floating Rate Corporate Bond ESG UCITS ETF Acc" is an exchange-traded investment fund (ETF). It refers to the iBoxx MSCI ESG USD FRN Investment Grade Corporates TCA Index. This index reflects the development of 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 Amundi claims a total expense ratio (TER) of 0.18% per year. The yearly average divergence from the index performance (Tracking Difference) since 2016 was 0.24% per year. Therefore, the ETF was more expensive than the TER suggests.