Vanguard FTSE Global All-Cap ETF 0.07%

[Phooey]

Interesting development in the ETF space. Vanguard have just launched a global all-cap etf with a fee of 0.07%!

https://www.vanguardinvestor.co.uk/articles/latest...

[Countdown]

Bit confusing.

How does that differe from their other Global All-Cap ETFs (VGLA/VWRL/VWRP/VT)?

[NowWatchThisDrive]

Countdown said:

Bit confusing.

How does that differe from their other Global All-Cap ETFs (VGLA/VWRL/VWRP/VT)?

VWRL and VWRP are FTSE All-World, which is large + mid cap across developed + emerging markets.

VT and VGLA are the same as this (FTSE Global All Cap, so the above + small cap) but neither have a GBP/London listing.

All market cap-weighted though so in practice the differences will be almost imperceptible.

[Phooey]

All-cap includes small companies whereas all-world is just large and mid sized companies. Both heavily weighted to the US as large and mid move the needle much more than small but if you want a broader index the All-cap is the one. ETF is basically a fund that trades on the stock exchange so has live pricing whereas the non-etf version trades (I think) once a day.

[okgo]

I’ve got a fairly decent amount spread across the old Global All Cap and VWRP - the fee saving seems to be substantial - is anyone else in my boat and considering switching?

Am I missing something obvious or a downside to doing so? (Apart from potential days out of market I guess)

[forest172]

My saving would be substantial enough to swap all my VWRP too. I ll definitely consider it

[The Gauge]

NowWatchThisDrive said:

VWRL and VWRP are FTSE All-World, which is large + mid cap across developed + emerging markets.

VT and VGLA are the same as this (FTSE Global All Cap, so the above + small cap) but neither have a GBP/London listing.

All market cap-weighted though so in practice the differences will be almost imperceptible.

Is VWRL receiving dividends wheres VWRP is accumulating?

[forest172]

Yes exactly that

[okgo]

forest172 said:

My saving would be substantial enough to swap all my VWRP too. I ll definitely consider it

I see VWRP dropped their fee a few weeks ago to 0.14% - but yes. FTSE Global All Cap remains at 0.22% as above.

[chip*]

I saw a YT video last month stating Vanguard was releasing 7 new ETFs including the FTSE All Cap, but they weren't t going live / available on the platforms until Jan27 so a fare few months away. Is this being released earlier now?

[Ch0nky]

At a 0.15pp gap (0.22% → 0.07%): £3,333,333 would need to be switched to generate £5,000/yr in fee savings.

Awesome sign me up.

[okgo]

chip* said:

I saw a YT video last month stating Vanguard was releasing 7 new ETFs including the FTSE All Cap, but they weren't t going live / available on the platforms until Jan27 so a fare few months away. Is this being released earlier now?

Live now

[P40L VX]

I cant find the new ones on T212, has anyone else?

[VR99]

Phooey said:

Interesting development in the ETF space. Vanguard have just launched a global all-cap etf with a fee of 0.07%!

https://www.vanguardinvestor.co.uk/articles/latest...

I currently use SPDR ACWI and FWRG for the bulk of my main investments which are 0.12% and 0.15% respectively. 0.07% is very competitive and glad we are finally seeing better vfm. Historically, am fairly sure US investors have it better than us (lower fees) for comparable products.

[ChrisH72]

okgo said:

I ve got a fairly decent amount spread across the old Global All Cap and VWRP - the fee saving seems to be substantial - is anyone else in my boat and considering switching?

Am I missing something obvious or a downside to doing so? (Apart from potential days out of market I guess)

Yes I'm also considering switching but wondering if there's a catch I haven't thought about. I have VWRP at the moment but also considering ditching my s&p500 and putting it all in this new VALL etf.