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VWRD vs VWRL – What’s The Difference?
By Financially Independent Pharmacist  •  January 27, 2021

Last updated on June 6th, 2021

You may decide to invest in a FTSE All-World ETF managed by Vanguard. However, you see that Vanguard offers both VWRD and VWRL! So how exactly are these 2 ETFs different?

The difference between VWRD and VWRL

VWRD and VWRL are exactly the same ETF. However, VWRD is denominated in USD while VWRL is denominated in GBP. You should have a very similar performance between either ETF when you compare them in the same currency. Here is an in-depth comparison between these 2 ETFs:

Same index tracked

VWRD and VWRL both track the FTSE All World Index. The FTSE All World Index tracks large and mid-sized company stocks in both developed and emerging marketsVanguard This means that both ETFs will hold the same stocks in the same proportion.
FTSE All World Index Holdings 31 Dec 2020

Different currency denomination

VWRD is denominated in USD, while VWRL...
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By Financially Independent Pharmacist
I’m a current Pharmacy undergraduate in NUS who is passionate about personal finance. I strongly advocate everyone to become more financially literate. Personal finance is such an important skill, yet it is not being taught in schools.
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