FTSE All-World Index

What the FTSE All-World Index is, where it lives officially, and how its ride has looked over the years.

What does the FTSE All-World Index track?

Around 4,000 large and mid-sized companies from nearly 50 developed and emerging markets, maintained by FTSE Russell. The index behind "VWCE and chill" — Europe's favorite one-fund portfolio.

It is the slightly slimmer sibling of the FTSE Global All Cap: same world, but without the thousands of tiny small caps. In practice the two move almost identically.

Maintained byFTSE Russell (part of LSEG)
On this site we follow it throughVanguard logoVanguard FTSE All-World UCITS ETF (Acc) (VWCE).

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 since 2019

Price history of VWCE tracking the FTSE All-World Index€62€88€114€140€1652020202220242026

The chart shows the dividend-adjusted share price of VWCE, the ETF tracking this index — not the raw index level. The shape of the ride is the same.

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.

Compare VWCE head to head

Yearly returns side by side against the other funds we track.