US Equity index fund vs Global All Cap index fund with Vanguard

underground99

JohnWinder said:

I'll go along with most of that, except perhaps the sanitising part. But a couple of observations...

I've struggled to find where HSBC report their tracking error where they try to follow an index closely. I've seen 'we try to keep within .2%' or similar wording, and I suppose they mean /year, but what they actually achieve is important. Vanguard make it visible, and it's more like .02%/year.

Last year's annual report will show the tracking error. For example HSBC's FTSE 100 tracker was 0.07%, FTSE All-World was 0.16%.  Vanguard's FTSE All World was 0.08%, though that is an ETF rather than open ended fund.