# Selling VWRL as VWRD as vice versa

**URL:** https://forum.mustachianpost.com/t/selling-vwrl-as-vwrd-as-vice-versa/4844
**Category:** Investing / Portfolios
**Created:** [December 3, 2020, 3:47pm UTC](https://forum.mustachianpost.com/t/selling-vwrl-as-vwrd-as-vice-versa/4844 "2020-12-03T15:47:28Z")
**Posts on this page:** 7
**Page:** 1

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### Author: ![ado](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/a/b782af/32.png) [@ado](https://forum.mustachianpost.com/u/ado)
#### Post date: [December 3, 2020, 3:47pm UTC](https://forum.mustachianpost.com/t/selling-vwrl-as-vwrd-as-vice-versa/4844/1 "2020-12-03T15:47:29Z")

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Hello everybody,

I’m new to investing. When I looked at the ETF recommended by this site “VWRL” I found out that it is listed under this ticker in CHF (SIX), EUR (AMS), and GBP (LSE).

Since the ETF is distributing its dividends in USD I was looking into buying the same ETF in USD to save on some exchange rate costs on the small sums I will get from the dividends in the beginning, and the fact that time in the market beats timing the market, means I will have to buy quartertly.

According to [this sheet on vanguard](https://www.vanguardinvestments.dk/portal/instl/dk/en/product.html#/fundDetail/etf/portId=9505/assetCode=equity/?overview), it is listed in USD on LSE under the ticker “VWRD”. But a quick try on IB showed that I cannot sell VWRL positions on LSE in USD.

Does that mean that IB treats the same ETF by ISIN differently by ticker symbol?

Looking forward to your inputs.

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### Author: ![tarioch](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/t/22d042/32.png) [@tarioch](https://forum.mustachianpost.com/u/tarioch)
#### Post date: [December 3, 2020, 6:52pm UTC](https://forum.mustachianpost.com/t/selling-vwrl-as-vwrd-as-vice-versa/4844/2 "2020-12-03T18:52:51Z")

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Hi ado,

there are different tickers traded on different exchanges and different currencies for the same base instrument. afaik you can’t exchange between them directly.

What I do is to buy vwrl (chf, swiss exchange) for my base investments and vwrd (usd, london exchange) for divident payments and other stuff I have in USD.

From a risk/investment point it doesn’t really matter if I have 5 VWRD and 20 VWRL or if I would have 25 VWRL.

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### Author: ![ado](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/a/b782af/32.png) [@ado](https://forum.mustachianpost.com/u/ado)
#### Post date: [December 4, 2020, 7:08am UTC](https://forum.mustachianpost.com/t/selling-vwrl-as-vwrd-as-vice-versa/4844/3 "2020-12-04T07:08:48Z")

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Hi tarioch,

thanks for your reply!

That seems like a good option. The only problem I could see is that VWRD can only be sold in USD again, and only on a single exchange, but it reduces the problem of needing to buy many small amounts of EUR/CHF/GBP at high cost in order to reinvest.

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### Author: ![Nicolas.ds](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/n/e19adc/32.png) [@Nicolas.ds](https://forum.mustachianpost.com/u/Nicolas.ds)
#### Post date: [December 5, 2020, 2:14pm UTC](https://forum.mustachianpost.com/t/selling-vwrl-as-vwrd-as-vice-versa/4844/4 "2020-12-05T14:14:48Z")

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Hi Tarioch

I am also new to investing and maybe you could help me please.

If I invested CHF 1’000 this year in the ETF “Vanguard FTSE All-World UCITS ETF Distributing” on the Amsterdam Stock Exchange, for my tax return, should I declare the CHF 1’000 invested as part of my assets? What would I be taxed on? Dividends?

Thank you in advance for your help

Nicolas

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### Author: ![tarioch](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/t/22d042/32.png) [@tarioch](https://forum.mustachianpost.com/u/tarioch)
#### Post date: [December 5, 2020, 2:34pm UTC](https://forum.mustachianpost.com/t/selling-vwrl-as-vwrd-as-vice-versa/4844/5 "2020-12-05T14:34:40Z")

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You will be able to choose vwrl from the list of stocks in your tax software. You will have to specify the dates of transaction s (buy/sell). Dividends should then show up automatically.

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### Author: ![San\_Francisco](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/s/ea5d25/32.png) [@San\_Francisco](https://forum.mustachianpost.com/u/San_Francisco)
#### Post date: [December 5, 2020, 4:05pm UTC](https://forum.mustachianpost.com/t/selling-vwrl-as-vwrd-as-vice-versa/4844/6 "2020-12-05T16:05:07Z")

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> [@ado](#):
>
> but it reduces the problem of needing to buy many small amounts of EUR/CHF/GBP at high cost in order to reinvest.

Just buy accumulating VWRA, with dividends automatically reinvested within the fund.  
Problem solved.

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### Author: ![Dr.PI](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/dr.pi/32/5299_2.png) [@Dr.PI](https://forum.mustachianpost.com/u/Dr.PI)
#### Post date: [August 6, 2024, 12:54pm UTC](https://forum.mustachianpost.com/t/selling-vwrl-as-vwrd-as-vice-versa/4844/7 "2024-08-06T12:54:25Z")

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