INES.AX vs. WRLD.AX
INES.AX (Intelligent Investor Ethical Share ETF) and WRLD.AX (Betashares Managed Risk Global Shares Complex ETF) are both Global Equities funds. INES.AX is passively managed, while WRLD.AX is actively managed. Over the past 5 years, INES.AX returned 3.31%/yr vs 10.33%/yr for WRLD.AX. At a 0.34 correlation, their price movements are largely independent.
Performance
INES.AX vs. WRLD.AX - Performance Comparison
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Returns By Period
In the year-to-date period, INES.AX achieves a -9.15% return, which is significantly lower than WRLD.AX's 4.57% return.
INES.AX
- 1D
- 1.60%
- 1M
- 1.27%
- 6M
- -8.43%
- YTD
- -9.15%
- 1Y
- -7.94%
- 3Y*
- 5.87%
- 5Y*
- 3.31%
- 10Y*
- —
WRLD.AX
- 1D
- -0.04%
- 1M
- 2.32%
- 6M
- 3.52%
- YTD
- 4.57%
- 1Y
- 13.29%
- 3Y*
- 16.18%
- 5Y*
- 10.33%
- 10Y*
- 10.04%
INES.AX vs. WRLD.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
INES.AX Intelligent Investor Ethical Share ETF | -9.15% | 12.62% | 7.21% | 11.49% | -12.72% | 21.30% | 25.01% | 4.38% |
WRLD.AX Betashares Managed Risk Global Shares Complex ETF | 4.57% | 9.59% | 29.10% | 13.20% | -10.32% | 23.66% | -3.31% | 8.93% |
Correlation
The correlation between INES.AX and WRLD.AX is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jun 12, 2019 | 0.34 |
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Return for Risk
INES.AX vs. WRLD.AX — Risk / Return Rank
INES.AX
WRLD.AX
INES.AX vs. WRLD.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Intelligent Investor Ethical Share ETF (INES.AX) and Betashares Managed Risk Global Shares Complex ETF (WRLD.AX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| INES.AX | WRLD.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.00 | ||
| Sortino ratioReturn per unit of downside risk | -2.74 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.26 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | -0.40 | 1.41 | -1.81 |
| Martin ratioReturn relative to average drawdown | -0.78 | 4.01 | -4.79 |
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Drawdowns
INES.AX vs. WRLD.AX - Drawdown Comparison
The maximum INES.AX drawdown since its inception was -33.57%, which is greater than WRLD.AX's maximum drawdown of -16.14%. Use the drawdown chart below to compare losses from any high point for INES.AX and WRLD.AX.
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Drawdown Indicators
| INES.AX | WRLD.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.57% | -16.14% | -17.43% |
Max Drawdown (1Y)Largest decline over 1 year | -19.49% | -9.22% | -10.27% |
Max Drawdown (3Y)Largest decline over 3 years | -19.49% | -13.70% | -5.79% |
Max Drawdown (5Y)Largest decline over 5 years | -19.49% | -14.47% | -5.02% |
Max Drawdown (10Y)Largest decline over 10 years | — | -16.14% | — |
Current DrawdownCurrent decline from peak | -11.72% | -0.50% | -11.22% |
Average DrawdownAverage peak-to-trough decline | -5.81% | -4.19% | -1.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.13% | 3.26% | +6.87% |
Volatility
INES.AX vs. WRLD.AX - Volatility Comparison
Intelligent Investor Ethical Share ETF (INES.AX) has a higher volatility of 3.87% compared to Betashares Managed Risk Global Shares Complex ETF (WRLD.AX) at 1.76%. This indicates that INES.AX's price experiences larger fluctuations and is considered to be riskier than WRLD.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| INES.AX | WRLD.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.87% | 1.76% | +2.11% |
Volatility (6M)Calculated over the trailing 6-month period | 12.71% | 6.83% | +5.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.51% | 8.86% | +5.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.84% | 11.35% | +2.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.70% | 11.00% | +4.70% |
Dividends
INES.AX vs. WRLD.AX - Dividend Comparison
INES.AX's dividend yield for the trailing twelve months is around 8.36%, while WRLD.AX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
INES.AX Intelligent Investor Ethical Share ETF | 8.36% | 0.71% | 4.24% | 1.22% | 12.37% | 1.63% | 0.67% | 0.00% | 0.00% | 0.00% | 0.00% |
WRLD.AX Betashares Managed Risk Global Shares Complex ETF | 0.00% | 0.00% | 0.00% | 0.17% | 4.66% | 0.00% | 0.00% | 1.66% | 0.90% | 0.00% | 0.51% |
Frequently Asked Questions
INES.AX and WRLD.AX have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: ETF Issuer and BetaShares.
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