Fundology

Index

Funds that track the MSCI World ex USA

5 UK-listed funds Fundology covers track the MSCI World ex USA. Ongoing charges run from 0.15% (EXU1, WEXU and XMWX) to 0.16% a year, as of 09/10/2026.

At a glance

Funds
5
Providers
3
Ongoing charges
0.15% to 0.16%
Accumulating · distributing
3 · 2

The lowest ongoing charge among the 5 MSCI World ex USA funds Fundology tracks is 0.15% a year (EXU1, WEXU and XMWX), as of 09/10/2026. A lower charge does not guarantee a better return.

3 accumulate their income and 2 pay it out. Each fund is listed once, by one share class; its other share classes are on its own page.

By fund size, the 5 largest are XMWX (£4.5bn), XUSE (£2.1bn), WEXU (£431m), EXU1 (£163m) and XUES (£2.6m), as reported on 09/10/2026. Size shows how widely a fund is held, not how it will perform.

They come from 3 providers: Amundi (1), iShares (2), Xtrackers (2).

Terms:Index fundsOngoing charges figureTracking differenceAccumulating or incomeCurrency hedging

Past returns, side by side

Over the year to 09/10/2026, total returns with income reinvested ranged from +10.2% (XUSE) to +13.8% (WEXU); the median of 3 funds was +13.8%.

Spread of past returns among the funds that track the MSCI World ex USA, in pounds. Funds reporting the price change only are counted apart.
PeriodFundsLowestMedianHighest
1 yearIncome reinvested · to 3+10.2% XUSE+13.8%+13.8% WEXU

Source: TradingView reported returns, and Fundology’s own from daily closes where none is reported, as of

How we work it out:ReturnsReturns after inflationTotal return

Funds that track the MSCI World ex USA (5)

All 5 funds that track the MSCI World ex USA, one share class each, listed by name. An order is not a ranking of quality.

All 5 funds that track the MSCI World ex USA, one share class each, listed by name. Returns are to each fund’s latest reported value, in pounds, with income reinvested unless marked “price”; “after inflation” takes off UK CPIH.
FundChargeSize1 year
WEXU Amundi MSCI World ex USA UCITS ETFAccumulating0.15%£431m+13.8%
XUES MSCI World ex-USA UCITS ETF USDDistributing0.16%£2.6mNot reported
XUSE iShares MSCI World ex-USA UCITS ETF AccumUSDAccumulating0.16%£2.1bn+10.2%
EXU1 Xtrackers MSCI World ex USA UCITS ETF -1D- USDDistributing0.15%£163m+13.4%price
XMWX Xtrackers MSCI World ex USA UCITS ETF 1C USDAccumulating0.15%£4.5bn+13.8%

Source: TradingView (returns, size and most charges), fund issuers (some charges), ONS CPIH (inflation), as of , at least 15 min delayed

Questions people ask

How many UK funds track the MSCI World ex USA?

5 UK-listed funds Fundology covers track the MSCI World ex USA, as of 09/10/2026. 3 accumulate their income and 2 pay it out. They come from 3 providers: Amundi (1), iShares (2), Xtrackers (2). Each fund is listed once, by one share class; its other share classes are on its own page.

Which MSCI World ex USA fund has the lowest ongoing charge?

The lowest ongoing charge among the 5 MSCI World ex USA funds Fundology tracks is 0.15% a year (EXU1, WEXU and XMWX), as of 09/10/2026. A lower charge does not guarantee a better return.

What is the largest MSCI World ex USA fund in the UK?

By fund size, XMWX (Xtrackers MSCI World ex USA UCITS ETF 1C USD) is the largest of the 5 funds here, at £4.5bn as reported on 09/10/2026. Size shows how widely a fund is held, not how it will perform.

What is the difference between the accumulating and distributing versions?

An accumulating share class reinvests the income from its holdings inside the fund, so it shows up as a rising price; a distributing class pays it out to holders as cash, usually a few times a year. Of the 5 MSCI World ex USA funds here, 3 accumulate and 2 distribute.

How is this list ordered?

Listed by name unless ordered by ongoing charge. No order on this page is a ranking or a recommendation.