VWCE — Vanguard FTSE All-World UCITS ETF (Acc)
Vanguard FTSE All-World UCITS ETF (Acc): what it is, what it costs, and what its EUR line on Xetra actually returned — dividends reinvested.
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.
VWCE in plain words
VWCE is the Vanguard FTSE All-World UCITS ETF (Acc) from Vanguard. It tracks the FTSE All-World Index and costs 0.19% a year, quietly deducted from returns. No cash payouts — VWCE is an accumulating fund. Dividends are reinvested inside the fund and show up as a higher share price instead of landing in your account.
€10,000 invested at the start of 2019 was worth €20,239 by the end of 2025 — an average of 10.6% per year over 7 full years, dividends reinvested. Its best full year so far was 2021 (+28.62%), its worst 2022 (-13.47%) — the range you sign up for.
VWRA (London, USD) and VWRP (London, GBP) are listings of the same accumulating share class, ISIN IE00BK5BQT80 — VWRL is its distributing sibling.
VWCE fund facts
| Fund | Vanguard FTSE All-World UCITS ETF (Acc) |
|---|---|
| Provider | Vanguard |
| Tracks | FTSE All-World Index |
| Yearly cost (TER) | 0.19% |
| Dividends | Accumulating — reinvested automatically |
| Launched | 23 Jul 2019 |
| ISIN | IE00BK5BQT80 |
| WKN | A2PKXG |
| Also trades as | VWRA |
Curious what the index actually holds? Read our FTSE All-World Index profile.
VWCE returns by year (EUR)
| Year | Total return |
|---|---|
| 2026 (so far) | +13.62% |
| 2025 | +9.16% |
| 2024 | +24.41% |
| 2023 | +18.18% |
| 2022 | -13.47% |
| 2021 | +28.62% |
| 2020 | +5.36% |
| 2019 | +7.56% |
Calendar-year total returns of VWCE in EUR, dividends reinvested — the ETF tracking this index, not the raw index level.
Frequently asked
Is VWCE a good investment?
VWCE is a broad, low-effort way to own the FTSE All-World Index at 0.19% a year. €10,000 invested at the start of 2019 was worth €20,239 by the end of 2025 — an average of 10.6% per year over 7 full years, dividends reinvested. Whether it fits depends on your goals and horizon — past returns don't promise future ones, but this is the actual track record.
What is VWCE's TER?
VWCE's total expense ratio (TER) is 0.19% per year, deducted continuously from the fund's assets — you never get a bill, the returns are simply quoted after costs.
Does VWCE pay dividends?
No cash payouts — VWCE is an accumulating fund. Dividends are reinvested inside the fund and show up as a higher share price instead of landing in your account.
What would €10,000 invested in VWCE be worth?
€10,000 invested at the start of 2019 was worth €20,239 by the end of 2025 — an average of 10.6% per year over 7 full years, dividends reinvested.
Is VWRA the same as VWCE?
VWRA (London, USD) and VWRP (London, GBP) are listings of the same accumulating share class, ISIN IE00BK5BQT80 — VWRL is its distributing sibling.
Curious about other amounts or start years? Try the VWCE what-if calculator.