VWRA.L vs. VOO

Last updated Jun 14, 2026

VWRA.L (Vanguard FTSE All-World UCITS ETF USD Accumulating) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - VWRA.L is a Global Equities fund tracking the FTSE All-World Index, while VOO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 5 years, VWRA.L returned 10.91%/yr vs 13.43%/yr for VOO. A 0.58 correlation means they provide meaningful diversification when combined. VWRA.L charges 0.22%/yr vs 0.03%/yr for VOO.

Performance

VWRA.L vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard FTSE All-World UCITS ETF USD Accumulating (VWRA.L) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VWRA.L achieves a 10.21% return, which is significantly higher than VOO's 9.08% return.

VWRA.L

• 1D: 2.32%
• 1M: -0.01%
• YTD: 10.21%
• 6M: 11.90%
• 1Y: 26.42%
• 3Y*: 19.80%
• 5Y*: 10.91%
• 10Y*: —

VOO

• 1D: 0.55%
• 1M: -0.84%
• YTD: 9.08%
• 6M: 9.44%
• 1Y: 25.76%
• 3Y*: 20.95%
• 5Y*: 13.43%
• 10Y*: 15.50%

*Multi-year figures are annualized to reflect compound growth (CAGR)

VWRA.L vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
VWRA.L Vanguard FTSE All-World UCITS ETF USD Accumulating	10.21%	22.45%	17.65%	22.28%	-18.11%	18.46%	16.19%	7.42%
VOO Vanguard S&P 500 ETF	9.08%	17.82%	24.98%	26.32%	-18.17%	28.79%	18.32%	9.15%

Correlation

The correlation between VWRA.L and VOO is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (5Y) Calculated over the trailing 5-year period	0.59
Correlation (All Time) Calculated using the full available price history since Jul 23, 2019	0.58

The correlation between VWRA.L and VOO shifts across timeframes, from 0.58 (3 years) to 0.70 (1 year), reflecting how their relationship changes across market environments.

VWRA.L vs. VOO - Sectors Allocation Comparison

Sectors	VWRA.L	VOO
Technology	30.8%	35.6%
Financial Services	16.0%	11.6%
Industrials	9.9%	8.0%
Consumer Cyclical	9.1%	10.1%
Communication Services	9.0%	11.1%
Healthcare	8.1%	8.5%
Consumer Defensive	4.8%	4.9%
Energy	4.3%	3.5%
Basic Materials	3.4%	1.8%
Utilities	2.8%	2.8%
Real Estate	1.5%	1.9%

Return for Risk

VWRA.L vs. VOO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VWRA.L

VWRA.L Risk / Return Rank: 73
VWRA.L Sharpe Ratio Rank: 72
VWRA.L Sortino Ratio Rank: 78
VWRA.L Omega Ratio Rank: 73
VWRA.L Calmar Ratio Rank: 67
VWRA.L Martin Ratio Rank: 73

VOO

VOO Risk / Return Rank: 70
VOO Sharpe Ratio Rank: 71
VOO Sortino Ratio Rank: 69
VOO Omega Ratio Rank: 71
VOO Calmar Ratio Rank: 63
VOO Martin Ratio Rank: 76

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VWRA.L vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE All-World UCITS ETF USD Accumulating (VWRA.L) and Vanguard S&P 500 ETF (VOO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	VWRA.L	VOO	Difference
Sharpe ratio: Return per unit of total volatility	2.01	1.99	+0.01
Sortino ratio: Return per unit of downside risk	3.00	2.70	+0.31
Omega ratio: Gain probability vs. loss probability	1.37	1.36	+0.01
Calmar ratio: Return relative to maximum drawdown	2.91	2.75	+0.17
Martin ratio: Return relative to average drawdown	11.88	12.42	-0.54

VWRA.L vs. VOO - Sharpe Ratio Comparison

The current VWRA.L Sharpe Ratio is 2.01, which is comparable to the VOO Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of VWRA.L and VOO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VWRA.L vs. VOO - Drawdown Comparison

The maximum VWRA.L drawdown since its inception was -33.62%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VWRA.L and VOO.

Drawdown Indicators

	VWRA.L	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-33.62%	-33.99%	+0.37%
Max Drawdown (1Y) Largest decline over 1 year	-8.78%	-8.90%	+0.12%
Max Drawdown (3Y) Largest decline over 3 years	-16.26%	-18.69%	+2.43%
Max Drawdown (5Y) Largest decline over 5 years	-26.06%	-24.52%	-1.54%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.99%	—
Current Drawdown Current decline from peak	-1.98%	-2.34%	+0.36%
Average Drawdown Average peak-to-trough decline	-5.36%	-3.68%	-1.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.16%	1.97%	+0.19%

Volatility

VWRA.L vs. VOO - Volatility Comparison

Vanguard FTSE All-World UCITS ETF USD Accumulating (VWRA.L) and Vanguard S&P 500 ETF (VOO) have volatilities of 4.38% and 4.34%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VWRA.L	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.38%	4.34%	+0.04%
Volatility (6M) Calculated over the trailing 6-month period	10.27%	9.58%	+0.69%
Volatility (1Y) Calculated over the trailing 1-year period	12.74%	12.27%	+0.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.39%	16.88%	-1.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.25%	18.03%	-0.78%

VWRA.L vs. VOO - Expense Ratio Comparison

VWRA.L has a 0.22% expense ratio, which is higher than VOO's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

VWRA.L vs. VOO - Dividend Comparison

VWRA.L has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.05%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VOO Vanguard S&P 500 ETF	1.05%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%
VWRA.L Vanguard FTSE All-World UCITS ETF USD Accumulating	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VWRA.L and VOO in my portfolio?

VWRA.L and VOO have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VWRA.L or VOO?

On fees, VOO is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VWRA.L or VOO?

VOO is cheaper with a 0.03% expense ratio, compared with 0.22% for VWRA.L.

What is the main difference between VWRA.L and VOO?

VWRA.L is categorized as Global Equities, while VOO is S&P 500. VWRA.L tracks FTSE All-World Index, while VOO tracks S&P 500 Index. Their fees differ too: 0.22% for VWRA.L and 0.03% for VOO.