VWCE vs ISAC

The two products in full comparison: facts, key differences and what to look out for.

Key differences

  • VWCE has the lower annual cost: 0.19% versus 0.20% for ISAC.
  • They track different indices: FTSE All-World (VWCE) versus MSCI ACWI (ISAC).
  • VWCE is significantly larger: ~€45bn versus ~€30bn.
  • ISAC is the older of the two (2011 versus 2019).

Facts compared

VWCEISAC
Full nameVanguard FTSE All-World UCITS ETF (USD) AccumulatingiShares MSCI ACWI UCITS ETF USD (Acc)
TickerVWCE · VWRAISAC · IUSQ
IndexFTSE All-WorldMSCI ACWI
TER (annual cost)0.19%0.20%
Fund size (approx.)~€45bn~€30bn
ReplicationPhysical (sampling)Physical (sampling)
DistributionsAccumulatingAccumulating
DomicileIrelandIreland
Base currencyUSDUSD
Launch year20192011
ISINIE00BK5BQT80IE00B6R52259

What to look out for

Two whole-world-in-one ETFs from different index families: FTSE All-World (VWCE) and MSCI ACWI (ISAC). The differences are subtle: FTSE classifies South Korea as developed, MSCI as emerging. VWCE also holds somewhat more companies.

At 0.19% versus 0.20% and with a larger size, VWCE has a slight edge on paper; in practice their returns are nearly identical. Either way you hold a genuinely global portfolio.

Data as of 2026-08. 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.