A simple All-World ETF is the best option for most investors. It’s truly a buy-and-hold investment—everything is managed by the fund provider, and many investing platforms allow you to automate monthly purchases effortlessly.

Below, you'll find a list of the most popular All-World ETFs, sorted by TER (total expense ratio). These ETFs cover both developed and emerging markets, so they should not be compared to developed-only ETFs (e.g., MSCI World).

Once you've reviewed the tables, check out the ETF performance comparison page for further insights.

All the choices above are safe bets, and the changes in return are minimal. However, the minimal changes accumulate over time, and therefore it is still important to select the right one. Although, the most important thing is to start investing - if the decision is hard, you can split the savings into multiple All-World ETFs, especially if your broker does not take fees from savings plan.

Case example: You invest 500 € per month for 30 years. Option 1 makes 7%, and Option 2 makes 7.2% per year on average. In the end you have nearly 25 000€ more with Option 2 (609 985 € vs 634 613€). This shows that minor differences matter in the long run.

Below is a table where are some pros and cons listed per ETF.

❌ Cons: Amundi’s acquisition of Lyxor has led to frequent ETF changes (TER adjustments, domicile shifts, and fund mergers). New ETF with higher spreads than more established alternatives. No long-term tracking history, making its tracking accuracy uncertain. | For European investors who want an ultra-low-cost All-World ETF, Amundi Prime All Country World (TER 0.07%) is the best option. While it lacks long-term tracking data, Amundi’s size and expertise make it a solid bet. The only reason to choose alternatives (like SPDR MSCI ACWI) would be if you prioritize a longer track record or higher liquidity over cost savings. | | SPDR MSCI ACWI | ✅ Pros: Fee cut from 0.40% → 0.12% (Aug 2024) makes it highly competitive. SPDR (State Street) is a top-tier US asset manager, known for managing SPY (the world’s largest ETF). MSCI ACWI index is the most widely followed global index, making it a more "standard" choice than Amundi's Solactive-based index. More trading volume & liquidity than newer, smaller ETFs.

❌ Cons: Not the cheapest: 0.07% (Amundi) vs. 0.12% (SPDR) is a 71% relative difference, which adds up over decades. Tracking difference in the past is not extremely consistent. | A very strong choice for European investors who prefer a well-established index (MSCI ACWI) and a reputable US asset manager (SPDR) over the absolute lowest cost. If you value MSCI branding, liquidity, and a proven fund provider, SPDR MSCI ACWI (0.12%) is an excellent option. However, if cost efficiency is your #1 priority, Amundi (0.07%) remains the cheapest alternative. | | Invesco FTSE All-World | ✅ Pros: Strong competitor to Vanguard VWCE, with better recent performance. FTSE All-World index includes large, mid, and some small caps, offering broader diversification than MSCI ACWI. Lower TER than Vanguard's VWCE.

❌ Cons: Smaller AUM & lower liquidity compared to Vanguard VWCE, meaning slightly wider bid-ask spreads. Not ideal to pair with a dedicated small-cap ETF, since some small caps are already included. | If you prefer ETFs tracking FTSE All-World, this is a better pick than Vanguard VWCE due to its recent outperformance and competitive fees. However, for investors who prioritize liquidity and fund size, Vanguard VWCE remains the safer, more established choice. | | SPDR MSCI ACWI IMI | ✅ Pros: Covers 99% of the investable market, including large, mid, and small caps—the broadest option available. Highest number of stocks in a single ETF, providing extreme diversification. SPDR is a reputable American asset manager with a strong ETF track record. Broad diversification with ~3700 stocks across global markets.

❌ Cons: More expensive than some alternatives. Tracking difference could be better, possibly due to historically higher TER and index tracking inefficiencies. Might not be the most cost-effective choice—pairing an All-World ETF with a dedicated Small Cap ETF could achieve similar exposure at a lower cost. | A solid choice for investors who want maximum market coverage with a single ETF and a set-it-and-forget-it approach. However, cost-conscious investors may prefer a separate All-World + Small Cap ETF combination for better efficiency. | | Scalable MSCI AC World Xtrackers | ✅ Pros: Hybrid replication strategy: Swap-based replication for US/Emerging/and partly EXUS markets, physical replication for developed markets—potential tax efficiency boost. Temporary TER discount (0.08% until Dec 2024), making it competitive in the short term.

❌ Cons: Uncertain long-term performance due to the complex hybrid structure (swap-based sub-ETFs + direct stocks). Small AUM (75M€) could lead to liquidity concerns if the AUM does not grow. TER increases to 0.17% after Dec 2024, making it less competitive than alternatives. | Verdict: Too early to judge. Short-term performance is promising, but long-term tracking and cost-efficiency remain uncertain. | | iShares MSCI ACWI | ✅ Pros: Managed by BlackRock, the world’s largest asset manager. Large ETF with strong liquidity and broad global exposure.

❌ Cons: More expensive than SPDR MSCI ACWI (SPYY) - 67% relatively more expensive (double-check the latest TER). No clear advantage over cheaper alternatives. | Since cheaper alternatives exist with similar exposure, I wouldn’t allocate new funds to this ETF. Instead, SPDR MSCI ACWI (SPYY) or Amundi Prime All Country World offer a more cost-effective choice. | | Vanguard FTSE All-World | ✅ Pros: Managed by Vanguard, one of the world’s largest and most reputable asset managers. Long tracking history, making it a proven choice for investors. Broad diversification with ~3700 stocks across global markets.

❌ Cons: More expensive than Invesco FTSE All-World (FWIA) - 46% relatively more expensive. No significant advantage over cheaper alternatives. | While Vanguard VWCE is a strong ETF, it is not the most cost-effective option anymore. Invesco FTSE All-World (FWIA) offers similar exposure at a lower cost, making it the better choice for new investments. | | Amundi MSCI All Country World | ✅ Pros: Only All-World ETF in Europe with full swap-based replication - can offer tax efficiency benefits. Historically outperformed iShares Core MSCI World (IUSQ) due to swap structure advantages.

❌ Cons: TER is too high, making it uncompetitive compared to cheaper physical replication alternatives. Swap replication should theoretically result in lower fees, yet Amundi has kept costs high. | Not recommended at current TER. Could become attractive if the fees are reduced. |