"BNP Paribas Easy Markit iBoxx EUR Liquid Corporates UCITS ETF - C" is an exchange-traded investment fund (ETF). It refers to the Markit iBoxx EUR Liquid Corporates Index. This index reflects the development of corporate bonds . The ETF replicates its index using full physical replication, so it contains all the securities of its reference index. The ETF's earnings (interest payments) are automatically reinvested (accumulated). The fund company EasyETF claims a total expense ratio (TER) of 0.20% per year. The yearly average divergence from the index performance (Tracking Difference) since 2018 was 0.13% per year. Therefore, the ETF was less expensive than the TER suggests.