Vanguard FTSE North America vs Vanguard U.S. 500 Stock Index Fund EUR Acc

They track different indices: Vanguard FTSE North America follows FTSE North America and Vanguard U.S. 500 Stock Index Fund EUR Acc follows S&P 500. They also differ in cost (0.08% vs 0.10% TER), replication (physical vs physical) and domicile (Ireland vs Ireland).

Nobody can know that: they track different indices, so their returns will diverge, and past index performance is not a prediction. What you can control today is the cost, the tax structure and whether the index actually covers what you want exposure to.

Vanguard FTSE North America has the lower annual fee. Applying the same 7% gross return to both with €300/month, that fee gap alone is worth about €379 after 20 years — that part is arithmetic, not a forecast.

Vanguard U.S. 500 Stock Index Fund EUR Acc is accumulating (dividends are reinvested inside the fund) and Vanguard FTSE North America is distributing (dividends are paid out to you). For long-term compounding in Spain, accumulating usually defers taxation; distributing gives you income you are taxed on each year.

Yes. Unlike two funds tracking the identical index, these give you genuinely different exposure, so holding both is not automatically redundant — just be aware you may end up overlapping on the largest companies and doubling your rebalancing work.