Vanguard Global Stock Index Fund EUR Acc vs IWDA: Differences, Fees and Returns
Vanguard Global Stock Index Fund EUR Acc is cheaper: it charges 0.18% a year against 0.20% for IWDA. That is €2 less a year per 10,000 invested; over a plan of 10,000 up front plus 200 a month for 30 years, the accumulated cost gap comes to about €1,380.
Both track the same index (MSCI World), so their returns before costs should be almost identical: the choice comes down to cost, where you can buy them and tax.
Key tax difference in Spain: Vanguard Global Stock Index Fund EUR Acc is a mutual fund and can be switched without tax, whereas IWDA is an ETF and every sale is taxed.
Head-to-head comparison
| Vanguard Global Stock Index Fund EUR Acc | IWDA | |
|---|---|---|
| Name | Vanguard Global Stock Index Fund EUR Acc | iShares Core MSCI World UCITS ETF USD (Acc) |
| Provider | Vanguard | iShares |
| Index | MSCI World | MSCI World |
| TER | 0.18% | 0.20% |
| Type | Switchable fund | ETF |
| Domicile | Ireland | Ireland |
| Dividends | Accumulating | Accumulating |
| Launch date | December 10, 2002 | September 25, 2009 |
| Fund size | €23.7B | €129.8B |
| ISIN | IE00B03HD191 | IE00B4L5Y983 |
| Available to EU retail investors | Yes | Yes |
| Tax-free switch (Spain) | Yes | No |
Keep researching
- Full Vanguard Global Stock Index Fund EUR Acc profile →
- Full IWDA profile →
- Compare the tax treatment of a switchable fund and an ETF →
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Frequently Asked Questions
Vanguard Global Stock Index Fund EUR Acc is cheaper: it charges 0.18% a year against 0.20% for IWDA. That is €2 less a year per 10,000 invested; over a plan of 10,000 up front plus 200 a month for 30 years, the accumulated cost gap comes to about €1,380. Both track the same index (MSCI World), so their returns before costs should be almost identical: the choice comes down to cost, where you can buy them and tax.
Vanguard Global Stock Index Fund EUR Acc (Switchable fund) tracks the MSCI World with a 0.18% TER; IWDA (ETF) tracks the MSCI World with a 0.20% TER.
Yes. Both are UCITS products sold to retail investors across the EU. ETFs are bought through brokers with access to European exchanges, and mutual funds through banks and fund platforms.