Investing August 21, 2026 0 Comments

Unlock the Secret to Skyrocketing Your Portfolio: Vanguard’s New ETF at a Mind-Blowing 0.07% Fee!

Ever wonder what would happen if you could grab the entire global stock market in one neat little package without the wild tax headaches? Well, Vanguard Europe just dropped something that’s shaking up the ETF world — the Vanguard FTSE Global All-Cap UCITS ETF. Imagine dipping into a fund that seamlessly covers not just developed but emerging markets too, with an all-encompassing sweep from large caps down to the smallest players. It’s like having a diversified stock market buffet served up with Irish tax efficiency and a mind-blowingly low expense ratio of just 7 bps. But here’s the kicker — this new contender is locking horns with the established State Street SPDR MSCI All Country World ETF, sparking the classic question: is cheaper always better, or is familiarity the real winner? If you’ve ever been tangled up in the confusing web of multiple exchanges and currency listings just to find the right ticker on your brokerage platform, this ETF’s multi-market listing might feel like a blessing… or a headache. Got your curiosity piqued yet? Dive into how this ETF might just be the one-fund wonder your portfolio’s been craving. LEARN MORE

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Vanguard Europe listed a bunch of new ETFs and among them, the one that gets people most excited was the Vanguard FTSE Global All-Cap UCITS ETF.

This fund tracks the FTSE Global All-Cap Index, which comprises of

Developed market countries and Emerging market countries.
Large Cap, Mid Cap and Small Cap stocks.

It is also UCITS domicile in Ireland, so it is more withholding and estate tax efficient compare to purchasing a US one.

The total expense ratio of the fund (TER): 7 bps

If you would like to keep your portfolio simple by having a one-fund equity allocation, then this Vanguard FTSE Global All-Cap UCITS ETF would be ideal.

This comes into direct competition to IMID, or the State Street® SPDR® MSCI All Country World Investable Market UCITS ETF (Acc).

IMID tracks the MSCI All Country World IMI Index which covers the same area as VALL.

The difference in cost:

VALL: 0.07%
IMID: 0.17%

The cost is rather crazy. 20 years ago, getting access to LSE via broker is not cheap and locally, the best LionGlobal Index products cost 1.1% p.a.

Now this ETF is listed on a few different exchanges, in different currencies. And it gets confusing because if you are trying to invest in the correct one on IBKR, you might be really confused.

Class	Exchange	Currency	Official Exch Ticker	IBKR Ticker
Accumulating	Swiss (SIX)	USD	VALL	NA
Accumulating	Netherlands	EUR	VALL	NA
Accumulating	Italy	EUR	VALL	VALL
Accumulating	Germany	EUR	VGLA	NA
Accumulating	London (LSE)	USD	VALU	VALL
Accumulating	London (LSE)	GBP	VALL	VALL

Btw, there are distributing class of shares as well.

I am pretty sure I can see more of the European exchanges but all it shows me is VALL.

So on IBKR you can search VALU (since most of you would want the USD) or VALL and you would see this:

Those 3 VALL should refer to the same Vanguard FTSE Global All-Cap UCITS ETF. the middle one is listed in the Italian exchange and in EUR. The two LSE ones are in GBP and USD.

They are differentiated by the Currency character next to the price.

This fund is rather new so there isn’t a lot of info. But you can take a look at the FTSE Global All Cap Index sheet (hopefully it shows up well)

Here’s the past 10 years return, versus different group of global indexes:

I personally think that if you are invested in IMID, there are little reasons to switch since you already have exposure. If you are invested in VWRA, this is an option if you would want some small cap exposure but I think you are not going to see significantly big differences (you can take a look at the return comparison chart) unless you wish to overweight a little more than its weighting.

The reason to switch is to better align to your philosophy if you wish to be more diversified and well covered. VALL will invest in 10,000 securities.

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