ONE WORLD. MANY WAYS TO OWN IT.

Find your world.
Keep it simple.

The whole world, or a little less of it? Compare world UCITS ETFs available in Europe: MSCI World, ACWI, ACWI IMI and FTSE All-World. Understand what you own, what you pay, and what makes each one different.

Research snapshot · 25 Sep 2026
27ETF strategies researched
3ways to cover the world
0.05%lowest verified annual fee

Same world.
Different building blocks.

THE WORLD KEEPS OPENING UP

New in the last 12 months.

THE COMPARISON

Big picture. Small details.

Start with coverage. Then compare the trade-offs.

Select up to 4 to compare
Broad world UCITS ETF comparison. Annual costs exclude trading fees and taxes.
SelectETF / representative accumulating classFund charge¹Market coverageReplicationAUM² · EURDetails
InvescoMSCI World
IE00B60SX394MXWSAcc
0.05%Developed onlyLarge + midSynthetic€8.51 bn31 Aug 2026
AmundiPrime Global
IE0009DRDY20F50AAcc
0.05%Developed onlyLarge + midPhysical€3.10 bn31 Aug 2026
BNP ParibasEasy MSCI ACWI
LU3243907741EEABAcc
0.06%Developed + emergingLarge + midSynthetic€62.22 m31 Aug 2026
UBSCore MSCI World
IE00BD4TXV59UETWAcc
0.06%Developed onlyLarge + midPhysical€10.63 bn31 Aug 2026
0.07%Developed + emergingLarge + midPhysical€2.81 bn31 Aug 2026
VanguardFTSE Global All-Cap
IE000VAHT5T0VGLAAcc
0.07%All-cap worldLarge + mid + smallPhysical€298.89 m31 Aug 2026
XtrackersFTSE All-World
IE000L6ZMMC4ALLWAcc
0.07%Developed + emergingLarge + midPhysical€109.86 m31 Aug 2026
0.09%Developed onlyLarge + midPhysical€19.17 m31 Aug 2026
Legal & GeneralGlobal Equity
IE00BFXR5S54LGGLAcc
0.10%Developed onlyLarge + midPhysical€1.77 bn31 Aug 2026
0.12%Developed + emergingLarge + midPhysical€16.04 bn31 Aug 2026
iSharesMSCI ACWI Swap
IE000CYC2B65ACSWAcc
0.12%Developed + emergingLarge + midSynthetic—Not reported
iSharesFTSE All World
IE00097WZHZ9FTSSAcc
0.12%Developed + emergingLarge + midPhysical€34.55 m31 Aug 2026
State Street SPDRMSCI World
IE00BFY0GT14SPPWAcc
0.12%Developed onlyLarge + midPhysical€17.87 bn31 Aug 2026
XtrackersMSCI World
IE00BJ0KDQ92XDWDAcc
0.12%Developed onlyLarge + midPhysical€20.76 bn31 Aug 2026
AmundiCore MSCI World
IE000BI8OT95MWRDAcc
0.12%Developed onlyLarge + midPhysical€14.60 bn31 Aug 2026
VanguardFTSE Developed World
IE00BK5BQV03VGVFAcc
0.12%Developed onlyLarge + midPhysical€5.92 bn31 Aug 2026
VanguardFTSE All-World
IE00BK5BQT80VWCEAcc
0.14%Developed + emergingLarge + midPhysical€49.82 bn31 Aug 2026
InvescoFTSE All-World
IE000716YHJ7FWRAAcc
0.15%Developed + emergingLarge + midPhysical€3.94 bn31 Aug 2026
0.15%Developed + emergingLarge + midHybrid€751.71 m31 Aug 2026
HSBCMSCI World
IE000UQND7H4HMWAAcc
0.15%Developed onlyLarge + midPhysical€2.01 bn31 Aug 2026
XtrackersMSCI World IMI
IE000X1GW0A7WIMIAcc
0.15%Developed onlyLarge + mid + smallPhysical€23.10 m31 Aug 2026
0.17%All-cap worldLarge + mid + smallPhysical€7.31 bn31 Aug 2026
iSharesMSCI ACWI
IE00B6R52259IUSQAcc
0.20%Developed + emergingLarge + midPhysical€31.05 bn31 Aug 2026
iSharesCore MSCI World
IE00B4L5Y983EUNLAcc
0.20%Developed onlyLarge + midPhysical€127.83 bn31 Aug 2026
UBSMSCI ACWI SF
IE00BYM11H29ACWIAAcc
0.21%Developed + emergingLarge + midSynthetic—Not reported
VanguardESG Global All Cap
IE00BNG8L278V3AAAcc
0.24%ESG-screenedLarge + mid + smallPhysical€1.05 bn31 Aug 2026
AmundiMSCI All Country World
LU1829220216LYY0Acc
0.45%Developed + emergingLarge + midSynthetic€2.39 bn31 Aug 2026

Annual fund charge¹ is TER / OCF. AUM² is shown in EUR. Definitions & footnotes ↓

THE COST OF OWNING THE WORLD

Fees move. Follow the cuts.

What does a lower fee mean for me? ↘

Same ETF. A lower annual charge. See when it happened, what changed, and how much less it costs to hold.

7 documented cuts · 6 ETFs
What this timeline covers +

Confirmed fee reductions for the representative unhedged share classes in this comparison, effective from 2023 through 25 September 2026. Dates are effective dates, not announcement dates. Bars share a 0.40% to 0% annual-charge scale, decreasing to the right; each bar spans the old rate to the new rate. Rows run from the latest cut to the oldest. This is a sourced selection, not a complete fee history. An absent marker does not establish that a fee was unchanged. Launch pricing, temporary waivers and changes to other share classes are excluded.

Each event preserves the issuer’s definition. TER and OCF cover recurring fund expenses; a flat fee bundles expenses specified by the issuer. A management fee is one component and may exclude other expenses. These definitions are not always identical. The event detail links to its source. One basis point is 0.01 percentage points; a one-basis-point cut means €1 less per year on a constant €10,000. It is not an investment return or a recommendation to switch.

MAKE THE NUMBERS PERSONAL

A small fee for a long time.

EODHD market history

How did your world grow?

Compare actual ETF returns in euros, after fund charges.³

€

HISTORICAL END VALUE · ETF A€0

Illustration, not a forecast. Annual compounding, no contributions. Excludes tax, spreads, transaction costs and tracking difference. Different indices do not deliver identical returns.

A LITTLE CLARITY GOES A LONG WAY

Know what’s in your world.

✳

“World” doesn’t
always mean
the whole world.

MSCI World covers developed markets. ACWI adds emerging markets. IMI adds smaller companies. Those few letters make a real difference.

Compare the coverage ↑
Is a cheaper ETF always better?+

A lower fee leaves more of the market return with you, all else equal. But compare the same exposure first. Tracking difference, trading spreads, fund size, replication and your broker’s charges also matter.

Does trading in euros remove currency risk?+

No. A EUR trading line changes the currency you use to buy shares. It does not hedge the currencies of the underlying investments. All funds in this comparison use unhedged representative share classes.

Accumulating or distributing?+

Accumulating classes reinvest income inside the fund; distributing classes pay it out. Neither is automatically more tax-efficient. Local tax rules and your need for income determine which is useful. Open a fund to see verified share-class ISINs.

Physical or synthetic: how does an ETF track its index?+

Physical ETFs buy all the index’s securities, or a representative sample. Sampling helps manage trading costs, but the fund’s holdings can differ from the index.

Synthetic ETFs use a swap: an agreement with a counterparty, usually a bank, to deliver the index return. The fund may own a different basket of securities. This can help tracking, but adds the risk that the counterparty fails to meet its obligations.

Hybrid ETFs combine physical holdings and swaps. All three approaches retain the market risk of the exposure they target. Compare tracking, costs and the fund’s implementation as well as its label. How replication works ↗

What does “number of holdings” mean for a synthetic ETF?+

Index constituents are the securities in the benchmark whose return the ETF aims to track. Fund holdings are the assets actually held by the ETF. In a synthetic ETF, these may be a substitute basket that differs substantially from the index.

A smaller basket does not mean the ETF tracks fewer index companies. Compare index coverage to understand market exposure; inspect the basket and swap arrangements to understand implementation. Counts need a clear definition and date. Baskets and swaps explained ↗

Should I switch an ETF I already hold?+

A fee difference alone is not enough to decide. Compare potential savings with dealing costs, the bid–ask spread and any tax triggered by selling. A fund with a different index also changes what you own.

Can I buy every ETF at any European broker?+

No. Listings, local registration, KID language, broker access and account restrictions vary. This is a European UCITS research universe, not a live broker catalogue. Confirm the exact ISIN and costs with your broker.

THE PEOPLE BEHIND THE BENCHMARK

Who defines your world?

Compare the indexes ↑

MSCI, FTSE Russell and Solactive design and maintain the indexes behind the ETFs on this page. Their rules determine which markets and companies qualify, how much each weighs, and when the index changes.

WORLD · ACWI · ACWI IMI

MSCI

An index, data and research company. Its global equity index family offers different levels of market coverage.

World
Developed markets, large and mid caps.
ACWI
Developed and emerging markets, large and mid caps.
ACWI IMI
Adds small caps to ACWI’s market coverage.
MSCI’s index rules ↗
DEVELOPED · ALL-WORLD · GLOBAL ALL CAP

FTSE Russell

LSEG’s index business. Its Global Equity Index Series also spans developed and emerging markets.

Developed
Developed markets, large and mid caps.
All-World
Developed and emerging markets, large and mid caps.
Global All Cap
Adds small caps to All-World’s market coverage.
FTSE Russell’s index family ↗
GLOBAL BENCHMARK SERIES

Solactive

An index provider whose benchmarks underpin several funds here, including Amundi’s Prime range.

GBS Developed Markets
Developed markets; the Prime Global fund uses large and mid caps.
GBS Global Markets
Adds emerging markets; used by Prime All Country World.
Its own methodology
Similar broad coverage can still mean different constituents and weights.
Solactive’s global benchmark ↗

The index provider sets the rules.

It defines eligibility, country classification, weighting and review schedules, then calculates and maintains the benchmark.

The ETF manager runs the fund.

It licenses the benchmark and implements it through holdings, sampling or swaps. Fund charges and trading decisions affect how closely returns follow the index.

You choose the exposure.

Check markets, company sizes and exclusions first. Two “world” indexes can differ, and two ETFs tracking the same index can deliver slightly different returns.

These are the three index families represented in this comparison. Other providers build benchmarks too. An index measures a portfolio; you invest through a product that tracks it. Indexes and funds explained ↗

THE SMALL PRINT, MADE READABLE

What the numbers mean.

  1. Annual fund charge: TER / OCF. We compare the recurring cost of running the fund as a percentage per year. OCF includes management and routine operating expenses; TER is the expense-ratio label used by many issuers, including DWS’s “all-in fee (TER)”. A standalone management fee can cover less and is not substituted for this figure. We use the issuer’s current factsheet or product data, then Xetra, then EODHD if needed. The source is linked in each fund’s details. OCF explained ↗
  2. AUM: assets under management. Assets in EUR, matched to the representative accumulating ISIN, dated 31 August 2026. These are rounded published figures; the exchange does not specify a consistent fund-versus-share-class aggregation on these pages. A dash means no figure was available. AUM measures size, not turnover or liquidity. Source: Deutsche Börse / Xetra instrument data ↗; individual source pages are linked in fund details and comparisons.
  3. Historical returns. EODHD adjusted closing prices for EUR Xetra listings, through 24 September 2026. Adjusted prices account for splits and distributions; these accumulating classes reinvest income. Fund charges are already reflected, so we do not deduct TER / OCF again. Returns are cumulative unless labelled annualised. The chart uses dates shared by all selected ETFs, with no backfill before inception. The table requires a full period; a dash means insufficient verified history. These are ETF market-price returns, not index returns or NAV returns. Data methodology ↗
  4. Other costs and the fee illustration. TER / OCF is not your total investing cost. Portfolio transaction costs, broker and platform charges, bid–ask spreads, currency conversion and tax can add costs. PRIIPs KID total-cost or reduction-in-yield figures can include more than the recurring charge shown here. The “Fee effect” mode applies each current annual charge to the same assumed gross return; it isolates fees and is not a backtest. Historical performance is not a forecast.

Clear comparisons start with clear sources.

A dated research snapshot, with a source for every fund and visible gaps where the evidence is incomplete.