Vanguard VUSA or VUAA?

Hey Folks

Could you please enlighten me on the differences between VUSA & VUAA

I’m looking at a long term investment strategy with accumulating dividends if possible.

Or could anyone please advise on the best Vanguard S&P 500 fund to use.


VUSA in priced in GBP and VUAA is priced in USD.

They both track the same instrument, which in this case is the S&P500.

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From a performance point of view it doesn’t matter which one you pick. It’s just displayed to you in either £ or $. the only way it would matter is if there is a currency conversion charge by T212 which there isn’t.

Edit. Saying that I see slight difference in day changes between KLWD (£) and WCLD ($) for example… Maybe someone can explain it.

I would check this topic.

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Welcome to the community forum Ben :slight_smile:

Regarding your question, what you might want to check is whether one is accumulation or distributing (whether it distributes or reinvests dividends). Depending on which country you are a resident of, one might be better to you than the other.

In terms of currency, on T212 there is no difference as T212 does not charge any conversion fees :smiley:.

Most of these things have been asked before, in the future its probably quicker to use the search function on the top right. I have linked some posts below that you might want to read, you might find some of them useful.

Quick post on accumulating and distributing options and the currencies.

Other similar posts of interest:

If you don’t understand why the currency of the ETF in this case does not matter, there was a longer explanation on this thread:

A quick explanation on the with-holding taxes:

Note: If you are a UK investor investing in an ISA then distributing or accumulating makes no difference (I think both with-hold 15% tax on dividends)

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