"Invesco Elwood Global Blockchain UCITS ETF Acc" is an exchange-traded investment fund (ETF). It refers to the Elwood Blockchain Global Equity Index. This index reflects the development of world wide 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 Invesco claims a total expense ratio (TER) of 0.65% per year. The yearly average divergence from the index performance (Tracking Difference) since 2020 was 1.90% per year. Therefore, the ETF was significantly more expensive than the TER suggests.