"BNP Paribas Easy iSTOXX MUTB Japan Quality 150 UCITS ETF EUR Hedged - C" is an exchange-traded, Euro hedged investment fund (ETF). It refers to the iSTOXX MUTB Japan Quality 150 Index. This index reflects the development of Japanese stocks . The ETF replicates its index using synthetic replication, so the index performance is realized using a swap contract. The ETF's earnings (dividends) are automatically reinvested (accumulated). The fund company EasyETF claims a total expense ratio (TER) of 0.30% per year. The yearly average divergence from the index performance (Tracking Difference) since 2018 was 3.33% per year. Therefore, the ETF was significantly more expensive than the TER suggests. Besides, the yearly tracking differences had strong variations, so their average value is not a very reliable measure.