VWCE vs EUNL: fund overlap

ETF comparisons  /  VWCE vs EUNL

equity comparison · VWCE 2026-07-31 · EUNL 2026-08-27

VWCE vs EUNL

Vanguard FTSE All-World UCITS ETF (USD) Accumulating compared with iShares III Plc - iShares Core MSCI World UCITS ETF

These funds provide similar company exposure.VWCE has 2,710 companies outside the overlap; EUNL has 123.
VWCEequity

Vanguard FTSE All-World UCITS ETF (USD) Accumulating

4,285holdings
0.14%annual fee
Europemarket
Valuation2,800 companies covered
23.5×P / E91% by weight
3.01×P / B83% by weight
4.3%Earnings yield
VWCE holdings and fund profile
EUNLequity

iShares III Plc - iShares Core MSCI World UCITS ETF

1,312holdings
0.20%annual fee
Europemarket
Valuation1,161 companies covered
24.3×P / E95% by weight
3.70×P / B86% by weight
4.1%Earnings yield
EUNL holdings and fund profile

What changes when you hold both?

EUNL (also listed as IWDA and SWDA) tracks developed-market large and mid-sized companies. VWCE also includes emerging markets. Combining them increases the developed-market share relative to holding VWCE alone; it does not add a separate set of global companies. The holdings dates and overlap above show where the two funds currently meet.

Price development

Both lines rebased to 0% over their shared dates

Largest shared positions

1,104 companies held in both funds

VWCE weight EUNL weight
Shared companyVWCE EUNL
NVIDIA CORP NVDA
4.44%
5.68%
Apple Inc AAPL
4.23%
4.99%
ALPHABET INC GOOGL 2 share classes
3.58%
3.83%
↳ ALPHABET INC-CL A GOOGL1.99%2.14%
↳ ALPHABET INC-CL C GOOG1.58%1.69%
Microsoft Corp MSFT
3.27%
3.85%
AMAZON.COM INC AMZN
2.50%
2.68%
BROADCOM INC AVGO
1.72%
1.81%
META PLATFORMS INC-CLASS A META
1.16%
1.35%
JPMorgan Chase & Co JPM
0.89%
1.02%
Micron Technology Inc MU
0.88%
1.14%
ELI LILLY & CO LLY
0.87%
1.02%
TESLA INC TSLA
0.86%
1.08%
BERKSHIRE HATHAWAY INC. BRK/B 2 share classes
0.89%
0.76%
↳ BERKSHIRE HATHAWAY INC. BRK/B0.73%0.76%
↳ Berkshire Hathaway Inc BRK0.16%0.00%
ADVANCED MICRO DEVICES AMD
0.73%
0.84%
ExxonMobil Holdings Corporation 2670549D
0.61%
0.70%
ASML Holding N.V. ASML
0.61%
0.73%
JOHNSON & JOHNSON JNJ
0.58%
0.69%
Visa Inc V
0.57%
0.69%
WALMART INC. WMT
0.46%
0.49%
Mastercard Inc MA
0.44%
0.52%
CISCO SYSTEMS, INC. CSCO
0.44%
0.48%
AbbVie Inc ABBV
0.42%
0.49%
Costco Wholesale Corp COST
0.40%
0.45%
Bank of America Corp BAC
0.39%
0.45%
Applied Materials Inc AMAT
0.38%
0.41%
Intel Corp INTC
0.38%
0.44%

VWCE and EUNL questions

Based on the holdings compared above

How much do VWCE and EUNL overlap?

VWCE and EUNL overlap by 81.1% by weight, across 1,104 shared companies.

Which companies do VWCE and EUNL both hold?

The largest companies held in both funds are NVIDIA CORP, Apple Inc, ALPHABET INC, Microsoft Corp, AMAZON.COM INC.

Can I hold both VWCE and EUNL?

Holding both means 81.1% of that part of your portfolio is the same companies counted twice. That can suit you or not depending on your goals; this tool reports the overlap rather than giving advice.

Is VWCE or EUNL cheaper?

VWCE has a 0.14% expense ratio and EUNL has 0.20%.

How do VWCE and EUNL compare on valuation?

VWCE has a weighted P/E of 23.5 and EUNL has a weighted P/E of 24.3.

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