100% world equity (VWCE) or 80% equity + 20% bonds with automatic rebalancing (VNGA80): issuer-declared figures, side by side.
Note — currency risk: some of the funds compared are denominated (or hedged) in currencies other than the euro. For a euro investor, returns also depend on currency moves, up or down. Chart and performance, converted to euro at ECB rates, already include these moves: swings of a class hedged to another currency reflect FX, not strategy.
Vanguard FTSE All-World UCITS ETF (USD) Accumulating VWCE · IE00BK5BQT80 | Vanguard LifeStrategy 80% Equity UCITS ETF (EUR) Accumulating VNGA80 · IE00BMVB5R75 | |
|---|---|---|
| Basics | ||
| Declared index | FTSE All World Index | Issuer internal composite — multi-asset fund, it does not track a third-party index |
| TER | 0.14% | 0.25% |
| Transaction costs (KID) | 0.02% | 0.03% |
| Fund size | 76.9 mld EUR | 1.4 mld EUR |
| Launch date | 23 Jul 2019 | 8 Dec 2020 |
| Replication | Physical (sampled) | Gestione attiva (dal KID) |
| Income policy | Accumulating | Accumulating |
| Currency | USD | EUR |
| Currency hedging | No — no hedging declared in the share class | Yes — bond sleeve hedged to EUR |
| Italian taxation | ||
| Effective capital-gains rate | 26,00% (equity fund: no government-bond share possible) | 24.32% |
| White-list share | not applicable (equity) | 12.45% |
| Performance (in euro) | ||
| 1 year | +24.1% | +18.6% |
| 3 years | +67.9% | +53.4% |
| 5 years | +72.8% | +51.3% |
| 10 years | — | — |
| Since launch (available series) | +141.1% | +74.6% |
| Risk | ||
| Volatility (ann.) · last year | 11.32% | 8.38% |
| Volatility (ann.) · last 3 years | 11.79% | 9.62% |
| Volatility (ann.) · last 5 years | 13.47% | 10.42% |
| Max drawdown · last year | -9.29% | -5.79% |
| Max drawdown · last 3 years | -15.70% | -15.63% |
| Max drawdown · last 5 years | -26.22% | -15.63% |
| Sharpe · last year | 1.15 | 1.44 |
| Sharpe · last 3 years | 1.38 | 1.17 |
| Sharpe · last 5 years | 0.62 | 0.59 |
| Sortino · last year | 1.74 | 2.14 |
| Sortino · last 3 years | 1.99 | 1.63 |
| Sortino · last 5 years | 0.88 | 0.82 |
| Tracking difference (3-year avg) | -0.01% | does not track a recognised index |
| Holdings | ||
| Securities held | 4,093 | 14 |
| Top-10 weight | 23.6% | 99.6% |
| Documents & exchanges | ||
| KID (PDF) | Download ↓ | Download ↓ |
| Listing exchanges | 10 | 10 |
| Borsa Italiana ticker | VWCE | VNGA80 |