VWCE vs VWRP

Vanguard FTSE All-World UCITS ETF USD Accumulation · Vanguard FTSE All-World UCITS ETF USD Accumulation

What's the difference?

VWCE and VWRP are the same fund: one share class (ISIN IE00BK5BQT80) listed under two tickers. What you own through either is identical, with the same holdings and the same fee.

The difference is the currency you trade in: VWCE trades in EUR, VWRP in GBP. Buying the line in your account's currency avoids a currency conversion at your broker; the fund's own currency exposure is the same either way.

Guide: VWRA, VWRP, VWCE or VWRL? Which All-World Ticker →

How much do they overlap?

Completely

VWCE and VWRP are the same share class, so they hold exactly the same positions at the same weights.

Largest shared positions

Holding VWCE VWRP
NVDA 4.80% 4.80%
AAPL 4.26% 4.26%
MSFT 3.51% 3.51%
AMZN 2.35% 2.35%
GOOGL 1.88% 1.88%
2330 1.72% 1.72%
AVGO 1.61% 1.61%
GOOG 1.45% 1.45%
META 1.17% 1.17%
MU 1.01% 1.01%

What they cost

VWCE and VWRP charge the same 0.14% a year: one fund, one fee.

Side by side

VWCE VWRP
Issuer Vanguard Group (Ireland) Limited Vanguard Group (Ireland) Limited
Launched 2019-07-23 2019-07-23
Positions in our data 10 50
Domicile Ireland Ireland
Exchange Xetra London Stock Exchange
Trading currency EUR GBP
ISIN IE00BK5BQT80 IE00BK5BQT80

How they have tracked each other

Measured on the days both have a price in the last five years: Sept. 27, 2021 to Sept. 21, 2026 (1,250 trading days).

The gap between these two is almost entirely currency movement (EUR against GBP), not a difference in the fund.

VWCE 73.9%
VWRP 74.7%

Their daily moves correlate at 0.92.

Build a report with both

General information, not investment or tax advice. The fund’s factsheet and key information document are the authority on its figures.