A beautiful :-) I have already read a lot of Vanguard hoodies here. Thereby the $VWRL (-0.08%) is especially popular. Where does that come from? Especially because of the dividend payout at the same time as high growth and low TER? How can I imagine this. Does the ETF always pay out only the dividend? Does distributing therefore make sense, since one uses annually thereby the allowance well? This has certainly been answered well before - but unfortunately I can't find anything here. Does the FTSE index play a role compared to MSCI?

I currently have $XMAW (+0%) in the portfolio.

Sunny greetings and a nice weekend :-)