VUAA vs VWCE
The two products in full comparison: facts, key differences and what to look out for.
Key differences
- VUAA has the lower annual cost: 0.07% versus 0.14% for VWCE.
- They track different indices: S&P 500 (VUAA) versus FTSE All-World (VWCE).
- VWCE is significantly larger: ~€50.1bn versus ~€30bn.
- Different replication method: Physical (full) (VUAA) versus Physical (sampling) (VWCE).
Facts compared
| VUAA | VWCE | |
|---|---|---|
| Full name | Vanguard S&P 500 UCITS ETF (USD) Accumulating | Vanguard FTSE All-World UCITS ETF (USD) Accumulating |
| Ticker | VUAA | VWCE · VWRA |
| Index | S&P 500 | FTSE All-World |
| TER (annual cost) | 0.07% | 0.14% |
| Fund size (approx.) | ~€30bn | ~€50.1bn |
| Replication | Physical (full) | Physical (sampling) |
| Distributions | Accumulating | Accumulating |
| Domicile | Ireland | Ireland |
| Base currency | USD | USD |
| Launch year | 2019 | 2019 |
| ISIN | IE00BFMXXD54 | IE00BK5BQT80 |
What to look out for
VUAA and VWCE are both accumulating Vanguard ETFs, domiciled in Ireland and launched in 2019, yet they track different indices. The S&P 500 behind VUAA includes 503 stocks of large US companies, while the FTSE All-World behind VWCE includes 4,263 stocks from developed and emerging markets. VUAA holds every stock in its index and VWCE a representative sample of its own.
The United States makes up 100% of VUAA and 61.7% of VWCE, where Japan comes second at 6.0%. The ten largest companies account for 39.3% of VUAA and 24.8% of VWCE. Nine companies sit in the top ten of both funds, led by NVIDIA, Apple and Microsoft.
The annual cost is 0.07% for VUAA and 0.14% for VWCE, roughly €7 and €14 a year for every €10,000. The stock counts and the country and company weights come from Vanguard's factsheets of 31 August 2026 and change from month to month.
VUAA
Vanguard S&P 500 UCITS ETF (USD) Accumulating
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VWCE
Vanguard FTSE All-World UCITS ETF (USD) Accumulating
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Data as of September 2026, refreshed periodically. This content is for information only and is not investment advice or a recommendation. Verify the official documents (KID/prospectus) with the provider before any decision.