"BNP Paribas Easy MSCI North America ex CW UCITS ETF - C" is an exchange-traded investment fund (ETF). It refers to the MSCI North America ex Controversial Weapons Index. This index reflects the development of US American 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 EasyETF claims a total expense ratio (TER) of 0.25% per year. The yearly average divergence from the index performance (Tracking Difference) since 2010 was 0.46% per year. Therefore, the ETF was more expensive than the TER suggests.