Does VWCE pay dividends?
No. It is the accumulating share class: company dividends are reinvested in the ETF and show up in its price. The distributing class is VWRL.
VWCE: Vanguard FTSE All-World UCITS ETF (Accumulating)
VWCE tracks the FTSE All-World, an index of large and mid-sized companies in developed and emerging markets. It is an accumulating fund: dividends are reinvested inside the ETF rather than paid out. One product covers most of the world's stock market, which is why it is a common choice for single-fund portfolios.
Fund data
- ISIN
- IE00BK5BQT80
- Issuer
- Vanguard
- Index
- FTSE All-World
- Dividends
- Accumulating (reinvests)
- Ongoing charges (TER)
- 0.14%
- Replication
- Physical, sampling
- Number of holdings
- 3,759
- Domicile
- Ireland
- Launch date
- 23 July 2019
- Fund base currency
- USD
- Listing used on this page
- VWCE.DE (EUR)
Market data
1-year return18.4%
2-year return31.4%
Annualised volatility14.2%
Maximum drawdown (2 years)-21.1%
Daily closes from Yahoo Finance in euros (VWCE.DE), data as of 23 October 2026. Past performance does not guarantee future results.
Two-year performance (base 100, in euros)
Drawdown from highs (2 years, in euros)
How far the ETF was below its previous high at each point: the depth and length of the falls a holder would have lived through.
Compared with IWDA, which tracks the MSCI World, VWCE adds emerging markets, about a tenth of the index, so it holds almost three times as many stocks. Compared with VWRL it holds exactly the same portfolio: the only difference is that VWRL pays dividends every quarter while VWCE reinvests them.
Comparisons
Frequently asked questions
Which countries does VWCE include?
Developed and emerging markets under FTSE's classification. The United States is more than half of the index, as in any market-cap-weighted world index.
Is VWCE in the LearnAImarkets model?
No. The model works with 12 fixed ETFs and covers this exposure with several of them, such as SXR8 (US), IMEU (Europe) and EMIM (emerging markets).