Is ALLW accumulating or distributing?

Accumulating. ALLW reinvests its dividends inside the fund, untouched, so in most places there's nothing to declare each year and nothing to reinvest by hand.

Where is ALLW domiciled, and does it matter?

Ireland. Ireland's US tax treaty taxes the fund's US dividends at 15% instead of 30%, so an Irish fund quietly keeps more of them. On a US-heavy index that edge can outweigh a few hundredths of a percent of fee. Your own country's tax on the fund is a separate question, and that's the atlas's job. The whole mechanism, layer by layer, is in the withholding guide.

At 0.07% it's the cheapest FTSE All-World fund on this shortlist. Cheapest fee is step one, not the whole answer: domicile and structure decide how much it keeps after tax, which is what the tracking difference above shows.

Which ALLW ticker do I actually buy?

Whichever line your broker offers cheapest. ALLW, XALL are the same share class on different exchanges and currencies: the holdings are identical, and buying the euro line or the dollar line changes nothing about what you earn.

All FTSE All-World funds

FTSE All-World · UCITS ETF

Xtrackers FTSE All-World UCITS ETF 1C

Xtrackers FTSE All-World UCITS ETF 1C: what it costs, where it's based, how it tracks FTSE All-World, and how it sits next to the other FTSE All-World funds Europeans hold. The facts, from its own reports, and no verdict.

The facts

Fee (TER): 0.07%
Domicile: 🇮🇪 Ireland
Structure: Physical (sampled)
Income: Accumulating
Size: €50m
Launched: Apr 2026
Securities lending: No
ISIN: IE000L6ZMMC4
Provider: Xtrackers (DWS)
Primary ticker: ALLW

Lowest fee here
New fund

New: launched April 2026, and the cheapest All-World fee yet. Too young for a return history.

How far it drifts from the index

Vs its index, per year

—

Return 1y: —
Return 3y: —
Return 5y: —

Too young yet for a tracking-difference figure or a full return history. That isn't a mark against it, just a lack of track record.

Returns are total return in euros to 30 June 2026, from justETF, so every fund is measured to the same date. “Vs index” is the average yearly tracking difference against its own index, from trackingdifferences.com (the standard European source); negative means it beat its index.

What the fee costs over time

This is the lowest fee on FTSE All-World here, so held for decades it carries the smallest fee drag of the shortlist. Price it against a pricier fund on your own numbers:

The Tracking Gap, set to this index

The other FTSE All-World funds

Same index, so nearly the same holdings. What separates them is fee, domicile and structure, which is the tracking difference above, fund by fund.

Fund	Fee	Domicile	Vs index
Vanguard FTSE All-World UCITS ETF (Acc)VWCE · Vanguard	0.19%	🇮🇪 Ireland	+0.02%
Vanguard FTSE All-World UCITS ETF (Dist)VWRL · Vanguard	0.19%	🇮🇪 Ireland	−0.02%
Invesco FTSE All-World UCITS ETF (Acc)FWRA · Invesco	0.15%	🇮🇪 Ireland	−0.15%

All FTSE All-World funds, compared

Which line do I buy?

The same share class lists on several exchanges in several currencies. The tickers below are one and the same fund: buying the euro line or the dollar line changes nothing about what you earn. Pick whichever your broker offers cheapest.

ALLW · Xetra · EUR
ALLW · LSE · USD
XALL · SIX · CHF

The fund’s own factsheet

Where to buy it

Which broker holds this cheapest for your monthly buy is the broker guide's half, with the yearly cost priced.

The broker guide The Broker Bill

Keep it honest

Know a figure here that's wrong or out of date? Point me to the line and a source. Every correction gets checked before the yearly refresh. That's how this page stays right.

Report a correction

Common questions

Is ALLW accumulating or distributing?: Accumulating. ALLW reinvests its dividends inside the fund, untouched, so in most places there's nothing to declare each year and nothing to reinvest by hand.
Where is ALLW domiciled, and does it matter?: Ireland. Ireland's US tax treaty taxes the fund's US dividends at 15% instead of 30%, so an Irish fund quietly keeps more of them. On a US-heavy index that edge can outweigh a few hundredths of a percent of fee. Your own country's tax on the fund is a separate question, and that's the atlas's job. The whole mechanism, layer by layer, is in the withholding guide.
Is ALLW's fee good?: At 0.07% it's the cheapest FTSE All-World fund on this shortlist. Cheapest fee is step one, not the whole answer: domicile and structure decide how much it keeps after tax, which is what the tracking difference above shows.
Which ALLW ticker do I actually buy?: Whichever line your broker offers cheapest. ALLW, XALL are the same share class on different exchanges and currencies: the holdings are identical, and buying the euro line or the dollar line changes nothing about what you earn.

Checked July 2026

The structural facts (fee, domicile, structure, size) are each fund’s own, from its factsheet or KID, checked and cited. The returns come from justETF, a reputable ETF data service, so every fund is measured to the same date on the same basis: the only honest way to compare them. The tracking difference (how each fund actually did against its own index) comes from trackingdifferences.com, the standard European source. I don’t compute any of it myself, and there are still no affiliate links.

No affiliate links. No paywall. Nothing on this page is for sale, and no broker pays me to rank one fund above another. The neutrality is the whole point.

Structural facts from the funds’ own reports, returns via justETF, tracking via trackingdifferences.com. Not a recommendation, and I’m not a licensed adviser. Past returns are not a guide to future ones. Which fund suits you depends on your broker, your account and your country’s tax. Not advice.

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