S&P 500

Vanguard S&P 500 UCITS ETF (VUAA / VUSA): accumulating or distributing

Reading time: 5 min Updated: September 28, 2026

Key facts

One Irish UCITS fund with two share classes: VUAA reinvests dividends, VUSA pays them quarterly. Both hold all S&P 500 companies for 0.07% a year.

VUAA (Acc)VUSA (Dist)
ISINIE00BFMXXD54IE00B3XXRP09
TickersVUAA (Xetra, EUR) · VUAA (Borsa Italiana) · VUAA (LSE, USD)VUSA (Xetra, EUR) · VUSA (Euronext Amsterdam) · VUSA (Borsa Italiana) · VUSA (LSE, GBP)
IssuerVanguardVanguard
IndexS&P 500S&P 500
TER (annual cost)0.07%0.07%
ReplicationPhysical (full)Physical (full)
DividendsAccumulatingDistributing
DomicileIrelandIreland
Fund currencyUSDUSD
Launch date14 May 201922 May 2012
Fund size (share class)USD 35.9bnUSD 53.4bn
Vs. index 2023 / 2024 / 2025+0.2 pp / +0.2 pp / +0.2 pp+0.2 pp / +0.2 pp / +0.2 pp

Checked on 28 Sept 2026. Sources: Vanguard, Vanguard. Fund size changes daily; the TER is the figure that matters for cost.

Against CSPX and the swap-based ETFs

ProductTypeISINTERReplicationDividends
SPDR S&P 500 UCITS ETF (Acc)UCITS ETFIE000XZSV7180.03%Physical (full)Accumulating
Invesco S&P 500 UCITS ETF (Acc)UCITS ETFIE00B3YCGJ380.05%Synthetic (swap)Accumulating
Vanguard S&P 500 UCITS ETF (USD) AccumulatingUCITS ETFIE00BFMXXD540.07%Physical (full)Accumulating
Vanguard S&P 500 UCITS ETF (USD) DistributingUCITS ETFIE00B3XXRP090.07%Physical (full)Distributing
iShares Core S&P 500 UCITS ETF USD (Acc)UCITS ETFIE00B5BMR0870.07%Physical (full)Accumulating

Data checked on 28 Sept 2026 against each issuer's product page and justETF. TER is the ongoing charge; it does not include broker commissions, spreads or custody fees. Links go to our page for that product where one exists.

VUAA and CSPX are interchangeable in practice. VUSA is the main option if you want an S&P 500 ETF that pays dividends.

How to buy it from Spain

Both classes trade in euros on Xetra and Borsa Italiana (VUAA, VUSA). VUSA also trades on Euronext Amsterdam; VUAA does not.

As an ETF, it is outside the Spanish tax-free switching regime: selling it to buy something else realises the gain. If that matters to you, the index-fund alternatives are listed on the index page.

Keep it in view with the rest of your money

If you hold VUSA, the dividends land in a cash account; tracking both in one place shows your real total return.

FinBoard connects your banks and brokers and shows this position next to everything else, in one currency, so you see what share of your net worth it really is.

This is educational content, not financial advice: it explains how these products work so you can make your own decisions, and it does not recommend buying or selling any of them.

Frequently asked questions

Is VUAA the European VOO?

In spirit, yes: same issuer, same index. But it is a separate Irish fund with a higher TER (0.07% vs 0.03%) and different tax treatment. See VOO from Europe.

Want to stop updating this by hand?

Connect your banks, your broker and your exchanges to FinBoard and see your whole net worth in one currency, updated on its own.

Start free, no card needed

← More guides on Index funds and ETFs