VALL vs VWCE
VALL and VWCE are both one-fund global Vanguard accumulating ETFs, but they track different breadth: VALL follows the FTSE Global All Cap (large, mid AND small caps), while VWCE follows the FTSE All-World (large and mid only).
| VALL | VWCE | |
|---|---|---|
| Fund name | Vanguard FTSE Global All-Cap UCITS ETF (USD) Accumulating | Vanguard FTSE All-World UCITS ETF (Acc) |
| Index tracked | FTSE Global All Cap | FTSE All-World |
| Distribution | Accumulating | Accumulating |
| TER (ongoing cost) | 0.07% | 0.19% |
| Trailing yield | — | 1.81% |
| Trading currency | GBP | EUR |
| Exchange | — | — |
| Domicile | Ireland | Ireland |
| Fund size | €2.0bn | €40.0bn |
The bottom line
Both are all-in-one global equity cores from Vanguard, both accumulating. VALL (FTSE Global All Cap, ~10,000 stocks) adds small-cap exposure for the broadest possible coverage — about 99% of the investable market — at a market-leading 0.07% TER. VWCE (FTSE All-World, ~3,600 stocks) covers large and mid caps at 0.22% TER, but has a multi-year track record and far larger assets. Choose VALL for maximum diversification at the lowest cost; choose VWCE for the established, most-popular option. VALL is very new (launched 2026), so it has a short history.
Track VALL and VWCE
Get distribution dates, yield changes and new UCITS comparisons. Free, occasional, no spam.
More UCITS comparisons
Data sourced from UCITSIncome. Information only — not financial advice. Always check the latest KID, holdings and your own tax position before investing.