ETF comparison

Invesco FTSE All-World vs SWRD

Figures as of October 2, 2026 (Invesco FTSE All-World) · October 2, 2026 (SWRD)

The comparison in short

Invesco FTSE All-World (Invesco FTSE All-World UCITS ETF Acc, IE000716YHJ7) tracks the FTSE All-World index and SWRD (State Street® SPDR® MSCI World UCITS ETF (Acc), IE00BFY0GT14) the MSCI World index. SWRD has the lower total expense ratio (TER): 0.12% a year against 0.15% for Invesco FTSE All-World, 0.03 percentage points less, or about 3 a year on 10,000 invested. SWRD is the larger fund, with USD 22.5bn in assets against USD 5.27bn for Invesco FTSE All-World, about 4.3 times the size. 1 of the largest holdings of Invesco FTSE All-World (top 10) and SWRD (top 10) appears in both lists; measured on those positions only, the overlap is at least 1.6%. Shared holdings include BROADCOM INC NPV. In 2025, Invesco FTSE All-World returned +22.5% and SWRD +21.2%, a gap of 1.3 percentage points. Over 3 years, Invesco FTSE All-World returned +22.1% a year and SWRD +22.0% a year. Invesco FTSE All-World and SWRD both reinvest their income (accumulating share classes). Invesco FTSE All-World and SWRD both hold the index securities directly (physical replication). Both are domiciled in Ireland. Invesco FTSE All-World carries a risk indicator (SRRI) of 5 and SWRD of 4, on the 1–7 scale. This is a factual comparison from the fund houses' documents, not investment advice.

Side by side

FigureInvesco FTSE All-WorldSWRD
ISINIE000716YHJ7IE00BFY0GT14
Exchange tickers—SWRD, SWLD, SPPW
Fund houseInvescoState Street
Total expense ratio (TER)0.15%0.12%
Ongoing charges (KID)0.15%0.12%
Fund sizeUSD 5.27bnUSD 22.5bn
Launch dateJune 26, 2023February 28, 2019
ReplicationPhysicalPhysical
DomicileIrelandIreland
Distribution policyAccumulatingAccumulating
Share class currencyUSDUSD
Number of holdings—1,241
Risk indicator (SRRI)5 / 74 / 7
SFDR classificationArticle 6—
BenchmarkFTSE All-World Index (USD)MSCI World Index

Performance

Calendar-year returns

YearInvesco FTSE All-WorldSWRDDifference
2025+22.5%+21.2%+1.3
2024+17.6%+18.9%−1.3

Annualised returns

PeriodInvesco FTSE All-WorldSWRDDifference
1 year+16.5%+15.4%+1.1
3 years+22.1%+22.0%+0.1
Returns as published by each fund house, in each share class's currency and net of the fund's charges. The difference is in percentage points. Past performance does not predict future returns.

Holdings

1 of the largest holdings of Invesco FTSE All-World (top 10) and SWRD (top 10) appears in both lists; measured on those positions only, the overlap is at least 1.6%. Shared holdings include BROADCOM INC NPV.

Top 10 holdings of Invesco FTSE All-World

#HoldingWeight
1
NVIDIA CORP USD0.001
5.19%
2
APPLE INC USD0.00001
4.46%
3
MICROSOFT CORP USD0.00000625
3.62%
4
AMAZON.COM INC USD0.01
2.26%
5
ALPHABET INC-CL A USD0.001
1.86%
6
TAIWAN SEMICONDUCTOR MANUFAC TWD10
1.85%
7
BROADCOM INC NPVIn both
1.57%
8
ALPHABET INC-CL C USD0.001
1.52%
9
Meta Platforms INC USD0.000006
1.52%
10
MICRON TECHNOLOGY INC USD0.1
1.12%

Top 10 holdings of SWRD

#HoldingWeight
1
NVIDIA Corporation
5.88%
2
Apple Inc.
5.38%
3
Microsoft Corporation
4.01%
4
Amazon.com Inc.
2.66%
5
Alphabet Inc. Class A
2.20%
6
Meta Platforms Inc Class A
1.76%
7
Alphabet Inc. Class C
1.73%
8
Broadcom Inc.In both
1.72%
9
Micron Technology Inc.
1.37%
10
Tesla Inc.
1.12%
Compare the largest holdings of Invesco FTSE All-World and SWRD in the overlap checker

Sectors and countries

Largest sectors of Invesco FTSE All-World

  1. Information technology33.3%
  2. Financials16.4%
  3. Industrials10.1%
  4. Consumer discretionary8.4%
  5. Health care8.0%
  6. Communication services7.8%
+ 4 more

Largest sectors of SWRD

  1. Information Technology32.1%
  2. Financials15.6%
  3. Industrials10.8%
  4. Health Care9.1%
  5. Consumer Discretionary8.4%
  6. Communication Services8.2%
+ 5 more

Largest countries of Invesco FTSE All-World

  1. United States64.0%
  2. Other12.6%
  3. Japan6.0%
  4. Taiwan3.6%
  5. Canada2.8%
  6. South Korea2.7%
+ 4 more

Largest countries of SWRD

  1. United States73.3%
  2. Japan6.0%
  3. United Kingdom3.4%
  4. Canada3.3%
  5. France2.2%
  6. Switzerland2.1%
+ 4 more

Frequently asked questions

What is the difference between Invesco FTSE All-World and SWRD?

Invesco FTSE All-World (Invesco FTSE All-World UCITS ETF Acc, IE000716YHJ7) tracks the FTSE All-World index and SWRD (State Street® SPDR® MSCI World UCITS ETF (Acc), IE00BFY0GT14) the MSCI World index. SWRD has the lower total expense ratio (TER): 0.12% a year against 0.15% for Invesco FTSE All-World, 0.03 percentage points less, or about 3 a year on 10,000 invested. Invesco FTSE All-World and SWRD both reinvest their income (accumulating share classes). Invesco FTSE All-World and SWRD both hold the index securities directly (physical replication). Both are domiciled in Ireland. This is a factual comparison from the fund houses' documents, not investment advice.

Which is cheaper, Invesco FTSE All-World or SWRD?

SWRD has the lower total expense ratio (TER): 0.12% a year against 0.15% for Invesco FTSE All-World, 0.03 percentage points less, or about 3 a year on 10,000 invested. Their key information documents state ongoing charges of 0.15% for Invesco FTSE All-World and 0.12% for SWRD.

Which is bigger, Invesco FTSE All-World or SWRD?

SWRD is the larger fund, with USD 22.5bn in assets against USD 5.27bn for Invesco FTSE All-World, about 4.3 times the size.

Do Invesco FTSE All-World and SWRD hold the same companies?

1 of the largest holdings of Invesco FTSE All-World (top 10) and SWRD (top 10) appears in both lists; measured on those positions only, the overlap is at least 1.6%. Shared holdings include BROADCOM INC NPV.

How did Invesco FTSE All-World and SWRD perform in 2025?

In 2025, Invesco FTSE All-World returned +22.5% and SWRD +21.2%, a gap of 1.3 percentage points. Over 3 years, Invesco FTSE All-World returned +22.1% a year and SWRD +22.0% a year. Over the past year, Invesco FTSE All-World returned +16.5% and SWRD +15.4%. Past performance does not predict future returns.

Are Invesco FTSE All-World and SWRD accumulating or distributing?

Invesco FTSE All-World is accumulating: it reinvests its income in the fund. SWRD is accumulating: it reinvests its income in the fund.
Figures are read from the documents each fund house publishes (product page, factsheet, key information document, holdings file) and refreshed weekly. Names and tickers identify the products; FundFacts API is independent of every fund house and index provider. This comparison is factual information, not investment advice or a recommendation to buy or sell either fund.