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

FundVanguard FTSE All-World UCITS ETF (Acc)
ProviderVanguard
TracksFTSE All-World Index
Yearly cost (TER)0.19%
DividendsAccumulating — reinvested automatically
Launched23 Jul 2019
ISINIE00BK5BQT80
WKNA2PKXG
Also trades asVWRA

Curious what the index actually holds? Read our FTSE All-World Index profile.

VWCE returns by year (EUR)

Last 5 years
+12.30%
average per year (CAGR)
YearTotal 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.