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.
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
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)
| 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.
Compare VWCE head to head
Yearly returns side by side against the other funds we track.