"First Trust Cloud Computing UCITS ETF" is an exchange-traded investment fund (ETF). It refers to the ISE CTA Cloud Computing Index. This index reflects the development of world wide 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 First Trust claims a total expense ratio (TER) of 0.60% per year. The yearly average divergence from the index performance (Tracking Difference) since 2019 was 0.60% per year. Therefore, the investor's costs for this ETF were exactly as specified by the TER.