Cheapest MSCI World ex-USA Net Total Return ETF

Developed ex-US · Global Developed · equity

3 UCITS ETFs in our catalogue track MSCI World ex-USA Net Total Return. The lowest ongoing charge is 0.15% a year, from iShares MSCI World ex-USA UCITS ETF (IE000R4ZNTN3). Ongoing charges across all 3 funds range from 0.15% to 0.15%.

The cheapest fund overall may not be the one you can swap into. A distributing fund is not a like-for-like replacement for an accumulating one, and a synthetic fund carries swap counterparty risk that a physical one does not. The tables below are grouped so you compare within a variant, not across.

Accumulating · physical replication

2 funds · cheapest first · cost shown for a €10,000 holding

FundIssuerReplicationDomicileTERPer €10,000
iShares MSCI World ex-USA UCITS ETF
IE000R4ZNTN3 · XUSE
iSharesPhysicalIE0.15%15
Amundi MSCI World Ex USA UCITS ETF Acc
IE00085PWS28 · WEXU
AmundiPhysicalIE0.15%15

Distributing · physical replication

1 fund · cheapest first · cost shown for a €10,000 holding

FundIssuerReplicationDomicileTERPer €10,000
Amundi MSCI World Ex USA UCITS ETF Dist
IE0009BI8Z04 · WEXD
AmundiPhysicalIE0.15%15

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Figures verified on 2 August 2026 against issuer publications.

Ongoing charge (TER) only. Spread, tracking difference, securities lending and broker fees are not included, and a different fund domicile can change the dividend withholding tax leaking out of the fund. Educational information, not investment advice. We carry no affiliate links and no sponsored placements.