Side by side

VWRA vs VWCE

These are the same Vanguard FTSE All-World fund on two exchanges. VWRA trades in US dollars in London; VWCE trades in euros on Xetra. Pick the one your broker offers with the lowest trading and currency costs.

$
$
yrs
Same return for bothIsolates the effect of fees
%
A fair, like-for-like testBoth funds get the same return, so any difference comes from fees alone.
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Show in today's moneyAdjust for inflation
Currency

After 25 years

VWRA vs VWCE
VWRA
$451,472
7% − 0.14% fee · fees cost $10,819
VWCE
$451,472
7% − 0.14% fee · fees cost $10,819

No difference on these inputs — same return and same fee.

You put in $160,000 either way.

How they differ

VWRAVWCE
IndexFTSE All-WorldFTSE All-World
Fee (TER)0.14%0.14%
DividendsAccumulatingAccumulating
DomicileIrelandIreland
ListingLondon Stock Exchange (USD)Xetra (Germany) (EUR)
ProviderVanguardVanguard

Highlighted rows are where the two funds differ.

Growth side by side

Hover or tap the chart for any year
VWRA balanceYour contributionsVWCE
$0$125k$250k$375k$500kNowYr 2Yr 4Yr 6Yr 8Yr 10Yr 12Yr 14Yr 16Yr 18Yr 20Yr 22Yr 25

Assumes monthly compounding at constant rates with contributions at the end of each month. Before personal taxes. Educational estimate only — real returns vary year to year.

Key differences

  • Both track the FTSE All-World, so their holdings are essentially the same.
  • Both charge the same fee of 0.14% a year.
  • VWRA trades on London Stock Exchange in USD; VWCE trades on Xetra (Germany) in EUR. Check which your broker offers and what it charges for currency conversion.

About each fund

VWRA — Vanguard FTSE All-World UCITS ETF (USD) Accumulating

A single fund holding thousands of large and mid-sized companies across developed and emerging markets. Popular with investors outside the US who want one-fund global exposure with dividends reinvested automatically.

VWCE — Vanguard FTSE All-World UCITS ETF (USD) Accumulating — EUR listing

The same underlying fund as VWRA, traded in euros on Xetra. A common choice for European investors who want global stocks in one fund without converting currency when they buy.

Fund details checked November 2026. Always confirm current figures on each provider's factsheet.

Questions about VWRA vs VWCE

Is VWRA or VWCE better?

They track the same index (FTSE All-World), so neither is better at what it holds. Decide on fees, dividend handling and which one your broker offers cheaply.

Which is cheaper, VWRA or VWCE?

They charge the same fee: 0.14% a year.

Can I hold both VWRA and VWCE?

You can, but it adds little: they hold the same companies, so owning both mostly duplicates your exposure.

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