ETF comparison

IWDA vs VWCE

iShares Core MSCI World UCITS ETF
IE00B4L5Y983iShares
Vanguard FTSE All-World UCITS ETF (USD) Accumulating
IE00BK5BQT80Vanguard
Figures as of October 1, 2026 (IWDA) · September 30, 2026 (VWCE)

The comparison in short

IWDA (iShares Core MSCI World UCITS ETF, IE00B4L5Y983) tracks the MSCI World index and VWCE (Vanguard FTSE All-World UCITS ETF (USD) Accumulating, IE00BK5BQT80) the FTSE All-World index. VWCE has the lower total expense ratio (TER): 0.14% a year against 0.20% for IWDA, 0.06 percentage points less, or about 6 a year on 10,000 invested. IWDA is the larger fund, with USD 152.1bn in assets against USD 87.29bn for VWCE, about 1.7 times the size. IWDA reports 1,250 holdings and VWCE 4,093. 8 of the holdings published by IWDA (top 10) and VWCE (top 10) appear in both lists; measured on those published positions only, the overlap is at least 21.9%. Shared holdings include NVIDIA, APPLE, MICROSOFT, ALPHABET CLASS A and AMAZON.COM INC. In 2025, IWDA returned +21.2% and VWCE +22.6%, a gap of 1.4 percentage points. Over 5 years, IWDA returned +11.8% a year and VWCE +11.6% a year. IWDA and VWCE both reinvest their income (accumulating share classes). Both are domiciled in Ireland. IWDA and VWCE both carry a risk indicator (SRRI) of 4 on the 1–7 scale. This is a factual comparison from the fund houses' documents, not investment advice.

Side by side

FigureIWDAVWCE
ISINIE00B4L5Y983IE00BK5BQT80
Exchange tickersIWDA, SWDA, EUNLVWCE, VWRA, VWRP
Fund houseiSharesVanguard
Total expense ratio (TER)0.20%0.14%
Ongoing charges (KID)0.20%0.14%
Fund sizeUSD 152.1bnUSD 87.29bn
Launch dateSeptember 25, 2009July 23, 2019
ReplicationPhysical—
DomicileIrelandIreland
Distribution policyAccumulatingAccumulating
Share class currencyUSDUSD
Number of holdings1,2504,093
Risk indicator (SRRI)4 / 74 / 7
SFDR classificationArticle 6—
BenchmarkMSCI World Index (Net)FTSE All World Index USD Net of Tax

Performance

Calendar-year returns

YearIWDAVWCEDifference
2025+21.2%+22.6%−1.4
2024+18.7%+17.2%+1.5
2023+23.9%+22.0%+1.9
2022−18.0%−18.1%+0.1
2021+21.9%+18.3%+3.6
2020+15.9%+16.0%−0.1

Annualised returns

PeriodIWDAVWCEDifference
1 year+14.6%+16.7%−2.1
3 years+21.6%+21.7%−0.1
5 years+11.8%+11.6%+0.2
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

8 of the holdings published by IWDA (top 10) and VWCE (top 10) appear in both lists; measured on those published positions only, the overlap is at least 21.9%. Shared holdings include NVIDIA, APPLE, MICROSOFT, ALPHABET CLASS A and AMAZON.COM INC.

Top 10 holdings of IWDA

#HoldingWeight
1
NVIDIAIn both
5.86%
2
APPLEIn both
5.36%
3
MICROSOFTIn both
4.00%
4
AMAZON.COM INCIn both
2.65%
5
ALPHABET CLASS AIn both
2.19%
6
META PLATFORMS CLASS AIn both
1.76%
7
ALPHABET CLASS CIn both
1.73%
8
BROADCOM INCIn both
1.72%
9
MICRON TECHNOLOGYIn both
1.37%
10
TESLA INC
1.12%

Top 10 holdings of VWCE

#HoldingWeight
1
NVIDIA CorpIn both
4.77%
2
Apple IncIn both
4.24%
3
Microsoft CorpIn both
3.49%
4
Amazon.com IncIn both
2.33%
5
Alphabet IncIn both
1.87%
6
Taiwan Semiconductor Manufacturing Co Ltd
1.70%
7
Broadcom IncIn both
1.59%
8
Alphabet IncIn both
1.44%
9
Meta Platforms IncIn both
1.17%
10
Micron Technology IncIn both
1.00%
Compare every published holding of IWDA and VWCE in the overlap checker

Sectors and countries

Largest sectors of IWDA

  1. Information Technology32.0%
  2. Financials15.6%
  3. Industrials10.8%
  4. Health Care9.1%
  5. Consumer Discretionary8.3%
  6. Communication8.2%
+ 4 more

Largest sectors of VWCE

  1. Technology34.1%
  2. Financials15.5%
  3. Industrials12.3%
  4. Consumer Discretionary11.0%
  5. Health Care8.0%
  6. Energy4.2%
+ 4 more

Largest countries of IWDA

  1. United States73.0%
  2. Japan6.0%
  3. Other5.0%
  4. United Kingdom3.3%
  5. Canada3.3%
  6. France2.2%
+ 4 more

Largest countries of VWCE

  1. United States61.7%
  2. Japan6.0%
  3. Taiwan3.3%
  4. United Kingdom3.3%
  5. Canada3.0%
  6. China2.7%
+ 4 more

Frequently asked questions

What is the difference between IWDA and VWCE?

IWDA (iShares Core MSCI World UCITS ETF, IE00B4L5Y983) tracks the MSCI World index and VWCE (Vanguard FTSE All-World UCITS ETF (USD) Accumulating, IE00BK5BQT80) the FTSE All-World index. VWCE has the lower total expense ratio (TER): 0.14% a year against 0.20% for IWDA, 0.06 percentage points less, or about 6 a year on 10,000 invested. IWDA and VWCE both reinvest their income (accumulating share classes). Both are domiciled in Ireland. This is a factual comparison from the fund houses' documents, not investment advice.

Which is cheaper, IWDA or VWCE?

VWCE has the lower total expense ratio (TER): 0.14% a year against 0.20% for IWDA, 0.06 percentage points less, or about 6 a year on 10,000 invested. Their key information documents state ongoing charges of 0.20% for IWDA and 0.14% for VWCE.

Which is bigger, IWDA or VWCE?

IWDA is the larger fund, with USD 152.1bn in assets against USD 87.29bn for VWCE, about 1.7 times the size.

Do IWDA and VWCE hold the same companies?

8 of the holdings published by IWDA (top 10) and VWCE (top 10) appear in both lists; measured on those published positions only, the overlap is at least 21.9%. Shared holdings include NVIDIA, APPLE, MICROSOFT, ALPHABET CLASS A and AMAZON.COM INC.

How did IWDA and VWCE perform in 2025?

In 2025, IWDA returned +21.2% and VWCE +22.6%, a gap of 1.4 percentage points. Over 5 years, IWDA returned +11.8% a year and VWCE +11.6% a year. Over the past year, IWDA returned +14.6% and VWCE +16.7%. Past performance does not predict future returns.

Are IWDA and VWCE accumulating or distributing?

IWDA is accumulating: it reinvests its income in the fund. VWCE is accumulating: it reinvests its income in the fund.

Go further

Other comparisons

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.