FTSE All-World vs S&P 500
- The S&P 500 (CSPX) is 100% large US companies; FTSE All-World (VWRP) spreads across roughly 3,600 companies in developed and emerging markets, still about 60% US.
- One is a bet on America continuing to lead; the other is the whole planet in a single fund, so it never needs rebalancing between countries.
- CSPX is cheaper at 0.07% a year versus 0.22% for VWRP, the price of that global diversification.
Shown in USD. Past performance is not a reliable guide to future results.
- Annual fee (TER)
- 0.22%
- 0.07%
- Tracks
- FTSE All-World
- S&P 500
- Distribution
- Accumulating
- Accumulating
- Domicile
- Ireland · UCITS
- Ireland · UCITS
- Risk
- Medium (3/5)
- Medium (3/5)
- Trades in
- LSE (GBP)
- LSE (USD)
- Provider
- Vanguard
- iShares
Vanguard's whole-world fund on the London Stock Exchange: about 3,600 companies across the US, Europe, Japan and emerging markets in one purchase, with dividends reinvested automatically. The same fund trades in euros as VWCE.
See full VWRP details →When people talk about 'the US stock market', this is basically what they mean. You own tiny slices of the 500 biggest US companies: Apple, Microsoft, Nvidia, Google, Amazon. Around a quarter of your money goes to the top 10 names alone, so the fund leans heavily into US tech.
See full CSPX details →Both VWRP and CSPXare Irish-domiciled UCITS ETFs, so dividends from their US holdings are taxed at 15% under Ireland's US treaty, rather than the 30% that applies to US-domiciled funds for many non-US investors, and they sit outside US estate tax. Your own local tax still depends on where you live, so check your country's rules; for most investors the main ongoing cost to watch is each fund's annual fee.
Available on Interactive Brokers
Buy VWRP, CSPX and thousands of other UCITS ETFs on Interactive Brokers.
Frequently asked questions
Which is cheaper, VWRP.L or CSPX.L?
CSPX.L is cheaper. VWRP.L charges 0.22% per year and CSPX.L charges 0.07%. Both are inexpensive index funds, but a lower fee compounds in your favour over the long run.
Are VWRP.L and CSPX.L accumulating or distributing?
VWRP.L is accumulating, so dividends are reinvested automatically inside the fund. CSPX.L is accumulating, so dividends are reinvested automatically inside the fund. Accumulating funds suit investors who want hands-off compounding with no cash dividends to reinvest manually.
Are VWRP.L and CSPX.L both UCITS ETFs?
Yes, both are UCITS ETFs (VWRP.L domiciled in Ireland, CSPX.L in Ireland), so both give non-US investors the 15% US dividend withholding rate and sit outside US estate tax, unlike US-domiciled ETFs.