WRLD.AX vs. CORE.AX
WRLD.AX (Betashares Managed Risk Global Shares Complex ETF) and CORE.AX (Schroder Global Core Fund - Active ETF) are both Global Equities funds. Both are actively managed. Over the past year, WRLD.AX returned 13.29% vs 15.14% for CORE.AX. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
WRLD.AX vs. CORE.AX - Performance Comparison
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Returns By Period
In the year-to-date period, WRLD.AX achieves a 4.57% return, which is significantly lower than CORE.AX's 4.95% return.
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%
CORE.AX
- 1D
- -0.25%
- 1M
- 0.93%
- 6M
- 4.67%
- YTD
- 4.95%
- 1Y
- 15.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WRLD.AX vs. CORE.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WRLD.AX Betashares Managed Risk Global Shares Complex ETF | 4.57% | 11.30% |
CORE.AX Schroder Global Core Fund - Active ETF | 4.95% | 12.78% |
Correlation
The correlation between WRLD.AX and CORE.AX is 0.56, 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 | 0.56 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025 | 0.53 |
The correlation between WRLD.AX and CORE.AX has been stable across timeframes, ranging from 0.53 to 0.56 - a consistent structural relationship.
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Return for Risk
WRLD.AX vs. CORE.AX — Risk / Return Rank
WRLD.AX
CORE.AX
WRLD.AX vs. CORE.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Betashares Managed Risk Global Shares Complex ETF (WRLD.AX) and Schroder Global Core Fund - Active ETF (CORE.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.
| WRLD.AX | CORE.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.28 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.41 | 1.68 | -0.28 |
| Martin ratioReturn relative to average drawdown | 4.01 | 4.54 | -0.52 |
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Drawdowns
WRLD.AX vs. CORE.AX - Drawdown Comparison
The maximum WRLD.AX drawdown since its inception was -16.14%, which is greater than CORE.AX's maximum drawdown of -10.20%. Use the drawdown chart below to compare losses from any high point for WRLD.AX and CORE.AX.
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Drawdown Indicators
| WRLD.AX | CORE.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.14% | -10.20% | -5.94% |
Max Drawdown (1Y)Largest decline over 1 year | -9.22% | -10.20% | +0.98% |
Max Drawdown (3Y)Largest decline over 3 years | -13.70% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -14.47% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -16.14% | — | — |
Current DrawdownCurrent decline from peak | -0.50% | -1.34% | +0.84% |
Average DrawdownAverage peak-to-trough decline | -4.19% | -2.60% | -1.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.26% | — | — |
Volatility
WRLD.AX vs. CORE.AX - Volatility Comparison
The current volatility for Betashares Managed Risk Global Shares Complex ETF (WRLD.AX) is 1.76%, while Schroder Global Core Fund - Active ETF (CORE.AX) has a volatility of 2.12%. This indicates that WRLD.AX experiences smaller price fluctuations and is considered to be less risky than CORE.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WRLD.AX | CORE.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.76% | 2.12% | -0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 6.83% | 7.39% | -0.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.86% | 12.44% | -3.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.35% | 12.50% | -1.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.00% | 12.50% | -1.50% |
Dividends
WRLD.AX vs. CORE.AX - Dividend Comparison
WRLD.AX has not paid dividends to shareholders, while CORE.AX's dividend yield for the trailing twelve months is around 0.68%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
CORE.AX Schroder Global Core Fund - Active ETF | 0.68% | 0.55% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 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
WRLD.AX and CORE.AX have a correlation of 0.56, 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: BetaShares and Schroder.
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