VGWD vs AVWC: which ETF won each year?
Yearly returns side by side, one winner per year — dividends included, priced as you'd actually buy them.
Every figure here is in euros — what you'd actually pocket buying on Xetra. Fund fact sheets usually headline returns in US dollars, which can look very different: in 2025 a world tracker rose about 23% in dollars but only about 9% in euros, because the euro gained roughly 13% against the dollar. Here's the full story, year by year.
VGWDtracks the FTSE All-World High Dividend Yield Index
AvantisAVWCtracks the Avantis Global Equity strategy
VGWD tracks the FTSE All-World High Dividend Yield Index
What did the last 1 years do to €10,000?
You invest €10,000 at the start of the window and touch nothing — dividends reinvested, the running year not counted. Both funds are measured over the same 1 full years (2025–2025) — the longest stretch both were trading.
VGWD vs AVWC, year by year
Calendar-year total returns (dividends included) side by side, and who took the crown each year. A dash means the fund did not exist yet.
| Year | VGWD | AVWC | Winner |
|---|---|---|---|
| 2026 (so far) | +14.44% | +16.36% | AVWC |
| 2025 | +13.16% | +9.08% | VGWD |
| 2024 | +15.75% | +2.94% | VGWD |
| 2023 | +7.29% | — | — |
| 2022 | +0.08% | — | — |
| 2021 | +27.90% | — | — |
| 2020 | -9.60% | — | — |
| 2019 | +25.03% | — | — |
| 2018 | -8.03% | — | — |
| 2017 | +0.41% | — | — |
VGWD vs AVWC in plain words
VGWD tracks the FTSE All-World High Dividend Yield Index while AVWC follows the Avantis Global Equity strategy, so they own different slices of the market and their years can look very different. VGWD charges 0.29% a year in running costs and AVWC charges 0.22% — AVWC is the cheaper fund to hold.
AVWC reinvests its dividends automatically (accumulating), while VGWD pays them out as cash (distributing). Across the 3 calendar years both funds were trading, VGWD finished the year ahead 2 times and AVWC 1 times. €10,000 invested at the start of 2025 was worth €11,316 in VGWD versus €10,908 in AVWC by the end of 2025, dividends reinvested.
VHYL is the London (GBP) listing of the same fund, ISIN IE00B8GKDB10 — VGWD is its EUR line on Xetra.
Actively managed: it tilts a broad developed-market portfolio towards cheaper, more profitable and smaller companies rather than following an index, and measures itself against the MSCI World IMI.
Fund facts: VGWD vs AVWC
| Fact | VGWD | AVWC |
|---|---|---|
| Fund | Vanguard FTSE All-World High Dividend Yield UCITS ETF (Dist) | Avantis Global Equity UCITS ETF USD Acc |
| Tracks | FTSE All-World High Dividend Yield Index | Avantis Global Equity strategy |
| Yearly cost (TER) | 0.29% | 0.22% |
| Dividends | Distributing — dividends paid out | Accumulating — dividends reinvested |
| Launched | 21 May 2013 | 25 Sept 2024 |
| ISIN | IE00B8GKDB10 | IE000RJECXS5 |
| WKN | A1T8FV | A40GB8 |
Frequently asked
Is VGWD or AVWC better?
Across the 3 calendar years both funds were trading, VGWD finished the year ahead 2 times and AVWC 1 times. €10,000 invested at the start of 2025 was worth €11,316 in VGWD versus €10,908 in AVWC by the end of 2025, dividends reinvested. Past returns don't promise future ones — but this is what actually happened.
What is the difference between VGWD and AVWC?
VGWD tracks the FTSE All-World High Dividend Yield Index while AVWC follows the Avantis Global Equity strategy, so they own different slices of the market and their years can look very different. VGWD charges 0.29% a year in running costs and AVWC charges 0.22% — AVWC is the cheaper fund to hold. AVWC reinvests its dividends automatically (accumulating), while VGWD pays them out as cash (distributing).
What would €10,000 in VGWD have become?
€10,000 invested in VGWD at the start of 2025 grew to €11,316 by the end of 2025, with dividends reinvested — an average of 13.2% per year.
Related comparisons
More head-to-heads featuring VGWD or AVWC.