SPYY vs AVWC: which ETF won each year?

Yearly returns side by side, one winner per year — dividends included, priced as you'd actually buy them.

Every figure here is in euros — what you'd actually pocket buying on Xetra. Fund fact sheets usually headline returns in US dollars, which can look very different: in 2025 a world tracker rose about 23% in dollars but only about 9% in euros, because the euro gained roughly 13% against the dollar. Here's the full story, year by year.

SPYY tracks the MSCI ACWI Index

What did the last 1 years do to €10,000?

You invest €10,000 at the start of the window and touch nothing — dividends reinvested, the running year not counted. Both funds are measured over the same 1 full years (2025–2025) — the longest stretch both were trading.

SPYY turned it into
€10,946
+9.46% per year on average · 20252025
AVWC turned it into
€10,908
+9.08% per year on average · 20252025
Difference
+€38
SPYY made more of the same money

SPYY vs AVWC, year by year

Calendar-year total returns (dividends included) side by side, and who took the crown each year. A dash means the fund did not exist yet.

Years compared
3
where both funds were trading
SPYY won
2
years
AVWC won
1
years
YearSPYYAVWCWinner
2026 (so far)+13.67%+16.36%AVWC
2025+9.46%+9.08%SPYY
2024+24.56%+2.94%SPYY
2023+18.22%
2022-13.76%
2021+29.02%
2020+5.12%
2019+30.21%
2018-6.02%
2017+8.80%
2016+12.34%
2015+8.88%
2014+18.80%
2013+17.52%
2012+9.67%

SPYY vs AVWC in plain words

SPYY tracks the MSCI ACWI Index while AVWC follows the Avantis Global Equity strategy, so they own different slices of the market and their years can look very different. SPYY charges 0.12% a year in running costs and AVWC charges 0.22% — SPYY is the cheaper fund to hold.

Both are accumulating funds: dividends are reinvested inside the fund and show up as a higher share price, never as a payout. Across the 3 calendar years both funds were trading, SPYY finished the year ahead 2 times and AVWC 1 times. €10,000 invested at the start of 2025 was worth €10,946 in SPYY versus €10,908 in AVWC by the end of 2025, dividends reinvested.

Actively managed: it tilts a broad developed-market portfolio towards cheaper, more profitable and smaller companies rather than following an index, and measures itself against the MSCI World IMI.

Fund facts: SPYY vs AVWC

FactSPYYAVWC
FundSPDR MSCI ACWI UCITS ETF (Acc)Avantis Global Equity UCITS ETF USD Acc
TracksMSCI ACWI IndexAvantis Global Equity strategy
Yearly cost (TER)0.12%0.22%
DividendsAccumulating — dividends reinvestedAccumulating — dividends reinvested
Launched13 May 201125 Sept 2024
ISINIE00B44Z5B48IE000RJECXS5
WKNA1JJTCA40GB8

Frequently asked

Is SPYY or AVWC better?

Across the 3 calendar years both funds were trading, SPYY finished the year ahead 2 times and AVWC 1 times. €10,000 invested at the start of 2025 was worth €10,946 in SPYY versus €10,908 in AVWC by the end of 2025, dividends reinvested. Past returns don't promise future ones — but this is what actually happened.

What is the difference between SPYY and AVWC?

SPYY tracks the MSCI ACWI Index while AVWC follows the Avantis Global Equity strategy, so they own different slices of the market and their years can look very different. SPYY charges 0.12% a year in running costs and AVWC charges 0.22% — SPYY is the cheaper fund to hold. Both are accumulating funds: dividends are reinvested inside the fund and show up as a higher share price, never as a payout.

What would €10,000 in SPYY have become?

€10,000 invested in SPYY at the start of 2025 grew to €10,946 by the end of 2025, with dividends reinvested — an average of 9.5% per year.

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