VHVG — Vanguard FTSE Developed World UCITS ETF (Acc)

Vanguard FTSE Developed World UCITS ETF (Acc): what it is, what it costs, and what its GBP line on the London Stock Exchange actually returned — dividends reinvested.

Every figure here is in pounds — what you'd actually pocket buying on the London Stock Exchange. Fund fact sheets usually headline returns in US dollars, which can look very different in years when the pound moves against the dollar. Here's the full story, year by year.

VHVG in plain words

VHVG is the Vanguard FTSE Developed World UCITS ETF (Acc) from Vanguard. It tracks the FTSE Developed World Index and costs 0.12% a year, quietly deducted from returns. No cash payouts — VHVG 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 £16,710 by the end of 2025 — an average of 7.6% per year over 7 full years, dividends reinvested. Its best full year so far was 2021 (+22.64%), its worst 2019 (-17.91%) — the range you sign up for.

VHVE is the London (USD) listing and VGVF the Xetra (EUR) line of the same fund, ISIN IE00BK5BQV03 — VHVG is its GBP line on the London Stock Exchange.

VHVG fund facts

FundVanguard FTSE Developed World UCITS ETF (Acc)
ProviderVanguard
TracksFTSE Developed World Index
Yearly cost (TER)0.12%
DividendsAccumulating — reinvested automatically
Launched24 Sept 2019
ISINIE00BK5BQV03

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

VHVG returns by year (USD)

Last 5 years
+12.58%
average per year (CAGR)
YearTotal return
2026 (so far)+12.47%
2025+13.85%
2024+19.99%
2023+17.54%
2022-8.16%
2021+22.64%
2020+12.56%
2019-17.91%

Calendar-year total returns of VHVG in USD, dividends reinvested — the ETF tracking this index, not the raw index level.

Frequently asked

Is VHVG a good investment?

VHVG is a broad, low-effort way to own the FTSE Developed World Index at 0.12% a year. £10,000 invested at the start of 2019 was worth £16,710 by the end of 2025 — an average of 7.6% 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 VHVG's TER?

VHVG's total expense ratio (TER) is 0.12% per year, deducted continuously from the fund's assets — you never get a bill, the returns are simply quoted after costs.

Does VHVG pay dividends?

No cash payouts — VHVG 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 VHVG be worth?

£10,000 invested at the start of 2019 was worth £16,710 by the end of 2025 — an average of 7.6% per year over 7 full years, dividends reinvested.

Curious about other amounts or start years? Try the VHVG what-if calculator.