CIRC.DE vs. WRLD.DE
CIRC.DE (Rize Circular Economy Enablers UCITS ETF USD Accumulating) and WRLD.DE (Rize Environmental Impact 100 UCITS ETF) are both Global Equities funds - CIRC.DE tracks the MSCI ACWI NR USD while WRLD.DE tracks the Foxberry SMS Environmental Impact 100. Both are passively managed. Over the past 3 years, CIRC.DE returned 5.99%/yr vs 10.05%/yr for WRLD.DE. A 0.79 correlation means they provide meaningful diversification when combined. CIRC.DE charges 0.45%/yr vs 0.55%/yr for WRLD.DE.
Performance
CIRC.DE vs. WRLD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, CIRC.DE achieves a 6.63% return, which is significantly lower than WRLD.DE's 18.45% return.
CIRC.DE
- 1D
- 0.84%
- 1M
- 1.42%
- YTD
- 6.63%
- 6M
- 7.82%
- 1Y
- 10.44%
- 3Y*
- 5.99%
- 5Y*
- —
- 10Y*
- —
WRLD.DE
- 1D
- -0.10%
- 1M
- 1.70%
- YTD
- 18.45%
- 6M
- 19.64%
- 1Y
- 28.36%
- 3Y*
- 10.05%
- 5Y*
- —
- 10Y*
- —
CIRC.DE vs. WRLD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CIRC.DE Rize Circular Economy Enablers UCITS ETF USD Accumulating | 6.63% | -1.18% | 4.92% | 11.59% |
WRLD.DE Rize Environmental Impact 100 UCITS ETF | 18.45% | 11.71% | 1.59% | 2.32% |
Correlation
The correlation between CIRC.DE and WRLD.DE is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Jun 1, 2023 | 0.79 |
The correlation between CIRC.DE and WRLD.DE has been stable across timeframes, ranging from 0.74 to 0.79 - a consistent structural relationship.
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Return for Risk
CIRC.DE vs. WRLD.DE — Risk / Return Rank
CIRC.DE
WRLD.DE
CIRC.DE vs. WRLD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rize Circular Economy Enablers UCITS ETF USD Accumulating (CIRC.DE) and Rize Environmental Impact 100 UCITS ETF (WRLD.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| CIRC.DE | WRLD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.20 | ||
| Sortino ratioReturn per unit of downside risk | -1.49 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.34 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.03 | 3.57 | -2.54 |
| Martin ratioReturn relative to average drawdown | 3.05 | 11.33 | -8.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CIRC.DE | WRLD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.70 | 1.91 | -1.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.38 | +0.07 |
Drawdowns
CIRC.DE vs. WRLD.DE - Drawdown Comparison
The maximum CIRC.DE drawdown since its inception was -25.21%, which is greater than WRLD.DE's maximum drawdown of -23.55%. Use the drawdown chart below to compare losses from any high point for CIRC.DE and WRLD.DE.
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Drawdown Indicators
| CIRC.DE | WRLD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.21% | -23.55% | -1.66% |
Max Drawdown (1Y)Largest decline over 1 year | -10.07% | -7.90% | -2.17% |
Max Drawdown (3Y)Largest decline over 3 years | -25.21% | -19.51% | -5.70% |
Current DrawdownCurrent decline from peak | -5.12% | -0.38% | -4.74% |
Average DrawdownAverage peak-to-trough decline | -6.92% | -9.51% | +2.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.42% | 2.50% | +0.92% |
Volatility
CIRC.DE vs. WRLD.DE - Volatility Comparison
The current volatility for Rize Circular Economy Enablers UCITS ETF USD Accumulating (CIRC.DE) is 3.89%, while Rize Environmental Impact 100 UCITS ETF (WRLD.DE) has a volatility of 4.50%. This indicates that CIRC.DE experiences smaller price fluctuations and is considered to be less risky than WRLD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CIRC.DE | WRLD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.89% | 4.50% | -0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 11.14% | 11.34% | -0.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.80% | 14.81% | -0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.14% | 16.98% | -0.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.14% | 16.98% | -0.84% |
CIRC.DE vs. WRLD.DE - Expense Ratio Comparison
CIRC.DE has a 0.45% expense ratio, which is lower than WRLD.DE's 0.55% expense ratio.
Dividends
CIRC.DE vs. WRLD.DE - Dividend Comparison
Neither CIRC.DE nor WRLD.DE has paid dividends to shareholders.
Frequently Asked Questions
CIRC.DE and WRLD.DE have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CIRC.DE is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CIRC.DE is cheaper with a 0.45% expense ratio, compared with 0.55% for WRLD.DE.
CIRC.DE tracks MSCI ACWI NR USD, while WRLD.DE tracks Foxberry SMS Environmental Impact 100. They also come from different issuers: Davy and Goldman Sachs. Their fees differ too: 0.45% for CIRC.DE and 0.55% for WRLD.DE.
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