"Xtrackers MSCI Emerging Markets ESG UCITS ETF" is an exchange-traded investment fund (ETF). It refers to the MSCI Emerging Markets Low Carbon SRI Leaders Index. This index reflects the development of Emerging Marketsstocks . 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 Xtrackers claims a total expense ratio (TER) of 0.25% per year. The yearly average divergence from the index performance (Tracking Difference) since 2020 was 0.40% per year. Therefore, the ETF was more expensive than the TER suggests.