S&P 500 or All-World? VUAG vs VWRP in numbers

5 min read · Updated 25 Set 2026 · Figures from our fund data as of 15 Ott 2026

VUAG holds the S&P 500: around five hundred large US companies. VWRP holds companies across the developed and emerging world, the US included, and the US is the biggest part of it. So the two overlap more than their names suggest, and holding both mostly adds more US to a portfolio that is already mostly US.

1. The two funds side by side

Ticker Trades in Exchange ISIN Dividends Fee a year
VUAG GBP London Stock Exchange IE00BFMXXD54 Reinvested 0,07%
VWRP GBP London Stock Exchange IE00BK5BQT80 Reinvested 0,14%

Both trade in pounds on the London Stock Exchange and both reinvest their dividends, so the comparison below is like for like.

2. How much they overlap

61% of the two funds is the same holdings, by weight, measured across every position both publish.

3. Where the money sits

Region VUAG VWRP
North America 97,9% 62,8%
Europe Developed 0,3% 10,4%
Asia Developed 0,0% 6,8%
Japan 0,0% 6,1%
Asia Emerging 0,1% 4,8%
United Kingdom 0,0% 3,0%
Australasia 0,0% 1,7%
Africa/Middle East 0,0% 1,3%
Latin America 0,1% 0,9%
Europe Emerging 0,0% 0,3%

The share VWRP keeps outside North America is the clearest thing it adds over VUAG.

4. What they cost

VUAG charges 0,07% a year and VWRP charges 0,14%. On 10.000 GBP invested, that is 7,01 GBP a year apart.

VWRP is one of several ways to own the world. The world ETF comparison lines up MSCI World, ACWI and FTSE All-World funds by fee, fund size and returns.

5. How they have moved

From 18 Ottobre 2021 to 14 Ottobre 2026 (1.260 trading days in both), VUAG returned 91,0% and VWRP 74,4%, in pounds. Their daily moves correlate at 0,96, where 1 would mean they always move together.

That is one window of history. It says nothing reliable about the next one.

6. Holding both

Put VUAG next to VWRP and the US share of your portfolio rises above the share the US has in the world market: you are adding more of what VWRP already holds most of. That can be what you want. Just know that it's what you're doing.

If you hold both, or either one next to other funds, the report below adds up what the whole mix holds: overlap, regions, fees and history in one place.

Compare them side by side

General information, not investment or tax advice. Fund figures come from our data vendor and can lag the issuer's own site; the fund's factsheet and key information document (KID, or KIID in the UK) are the authority.