ETF comparison

XDWD vs VWCE

Xtrackers MSCI World UCITS ETF 1C
IE00BJ0KDQ92Xtrackers
Vanguard FTSE All-World UCITS ETF (USD) Accumulating
IE00BK5BQT80Vanguard
Figures as of October 1, 2026 (XDWD) · September 30, 2026 (VWCE)

The comparison in short

XDWD (Xtrackers MSCI World UCITS ETF 1C, IE00BJ0KDQ92) tracks the MSCI World index and VWCE (Vanguard FTSE All-World UCITS ETF (USD) Accumulating, IE00BK5BQT80) the FTSE All-World index. XDWD has the lower total expense ratio (TER): 0.12% a year against 0.14% for VWCE, 0.02 percentage points less, or about 2 a year on 10,000 invested. VWCE is the larger fund, with USD 87.29bn in assets against GBP 23.32bn for XDWD. 8 of the holdings published by XDWD (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, XDWD returned +21.2% and VWCE +22.6%, a gap of 1.4 percentage points. Over 5 years, XDWD returned +11.8% a year and VWCE +11.6% a year. XDWD and VWCE both reinvest their income (accumulating share classes). Both are domiciled in Ireland. XDWD 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

FigureXDWDVWCE
ISINIE00BJ0KDQ92IE00BK5BQT80
Exchange tickersXDWD, XWLDVWCE, VWRA, VWRP
Fund houseXtrackersVanguard
Total expense ratio (TER)0.12%0.14%
Ongoing charges (KID)0.12%0.14%
Fund sizeGBP 23.32bnUSD 87.29bn
Launch dateJuly 22, 2014July 23, 2019
ReplicationPhysical—
DomicileIrelandIreland
Distribution policyAccumulatingAccumulating
Share class currencyUSDUSD
Number of holdings—4,093
Risk indicator (SRRI)4 / 74 / 7
SFDR classificationArticle 6—
BenchmarkMSCI Total Return Net World IndexFTSE All World Index USD Net of Tax

Performance

Calendar-year returns

YearXDWDVWCEDifference
2025+21.2%+22.6%−1.4
2024+18.7%+17.2%+1.5
2023+23.9%+22.0%+1.9
2022−18.1%−18.1%0.0
2021+21.9%+18.3%+3.6
2020+16.0%+16.0%0.0

Annualised returns

PeriodXDWDVWCEDifference
1 year+14.7%+16.7%−2.0
3 years+21.4%+21.7%−0.3
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 XDWD (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 XDWD

#HoldingWeight
1
NVIDIAIn both
5.85%
2
APPLEIn both
5.35%
3
MICROSOFTIn both
3.99%
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
1.71%
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 XDWD and VWCE in the overlap checker

Sectors and countries

Largest sectors of XDWD

  1. Information Technology29.4%
  2. Others24.8%
  3. Financials16.1%
  4. Industrials11.5%
  5. Health Care9.3%
  6. Consumer Discretionary8.9%

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 XDWD

  1. United States71.6%
  2. Others14.0%
  3. Japan5.8%
  4. Canada3.3%
  5. United Kingdom3.0%
  6. Switzerland2.4%

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 XDWD and VWCE?

XDWD (Xtrackers MSCI World UCITS ETF 1C, IE00BJ0KDQ92) tracks the MSCI World index and VWCE (Vanguard FTSE All-World UCITS ETF (USD) Accumulating, IE00BK5BQT80) the FTSE All-World index. XDWD has the lower total expense ratio (TER): 0.12% a year against 0.14% for VWCE, 0.02 percentage points less, or about 2 a year on 10,000 invested. XDWD 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, XDWD or VWCE?

XDWD has the lower total expense ratio (TER): 0.12% a year against 0.14% for VWCE, 0.02 percentage points less, or about 2 a year on 10,000 invested. Their key information documents state ongoing charges of 0.12% for XDWD and 0.14% for VWCE.

Which is bigger, XDWD or VWCE?

VWCE is the larger fund, with USD 87.29bn in assets against GBP 23.32bn for XDWD.

Do XDWD and VWCE hold the same companies?

8 of the holdings published by XDWD (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 XDWD and VWCE perform in 2025?

In 2025, XDWD returned +21.2% and VWCE +22.6%, a gap of 1.4 percentage points. Over 5 years, XDWD returned +11.8% a year and VWCE +11.6% a year. Over the past year, XDWD returned +14.7% and VWCE +16.7%. Past performance does not predict future returns.

Are XDWD and VWCE accumulating or distributing?

XDWD 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.