"Invesco FTSE All-World UCITS ETF Dist" is an exchange-traded investment fund (ETF). It refers to the FTSE All World Index. This index reflects the development of 3744 world wide stocks and is therefore very 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 Invesco claims a total expense ratio (TER) of 0.15% per year. The yearly average divergence from the index performance (Tracking Difference) since 2024 was -0.15% per year. Therefore, the ETF was less expensive than the TER suggests and even exceeded the index performance.