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WRLD.AX vs. MOAT.AX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

WRLD.AX vs. MOAT.AX

Last updated Jul 18, 2026
Documentation

WRLD.AX (Betashares Managed Risk Global Shares Complex ETF) and MOAT.AX (VanEck Morningstar Wide Moat ETF) are both Global Equities funds. WRLD.AX is actively managed, while MOAT.AX is passively managed. Over the past 10 years, WRLD.AX returned 9.87%/yr vs 14.14%/yr for MOAT.AX. A 0.61 correlation means they provide meaningful diversification when combined.

Performance

WRLD.AX vs. MOAT.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in Betashares Managed Risk Global Shares Complex ETF (WRLD.AX) and VanEck Morningstar Wide Moat ETF (MOAT.AX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, WRLD.AX achieves a 3.25% return, which is significantly higher than MOAT.AX's -1.90% return. Over the past 10 years, WRLD.AX has underperformed MOAT.AX with an annualized return of 9.87%, while MOAT.AX has yielded a comparatively higher 14.14% annualized return.

WRLD.AX

1D
-1.26%
1M
0.34%
6M
2.17%
YTD
3.25%
1Y
11.33%
3Y*
15.69%
5Y*
10.05%
10Y*
9.87%

MOAT.AX

1D
0.91%
1M
4.30%
6M
-5.26%
YTD
-1.90%
1Y
5.43%
3Y*
9.42%
5Y*
9.70%
10Y*
14.14%
*Multi-year figures are annualized to reflect compound growth (CAGR)

WRLD.AX vs. MOAT.AX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
WRLD.AX
Betashares Managed Risk Global Shares Complex ETF		3.25%9.59%29.10%13.20%-10.32%23.66%-3.31%22.48%-0.50%10.96%
MOAT.AX
VanEck Morningstar Wide Moat ETF		-1.90%5.68%20.43%30.52%-7.38%30.97%3.35%36.19%9.68%12.64%

Correlation

The correlation between WRLD.AX and MOAT.AX is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.43

Correlation (3Y)
Calculated over the trailing 3-year period

0.48

Correlation (5Y)
Calculated over the trailing 5-year period

0.52

Correlation (10Y)
Calculated over the trailing 10-year period

0.62

Correlation (All Time)
Calculated using the full available price history since Dec 16, 2015

0.61

The correlation between WRLD.AX and MOAT.AX shifts across timeframes, from 0.43 (1 year) to 0.62 (10 years), reflecting how their relationship changes across market environments.

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Betashares Managed Risk Global Shares Complex ETF

VanEck Morningstar Wide Moat ETF

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Often compared with MOAT.AX:
MOAT.AX vs. FLOT.AXMOAT.AX vs. REIT.AXMOAT.AX vs. CETF.AXMOAT.AX vs. GDX.AXMOAT.AX vs. GRNV.AXMOAT.AX vs. CNEW.AXMOAT.AX vs. CORE.AX

Return for Risk

WRLD.AX vs. MOAT.AX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
WRLD.AX
WRLD.AX Risk / Return Rank: 4040
Overall Rank
WRLD.AX Sharpe Ratio Rank: 4646
Sharpe Ratio Rank
WRLD.AX Sortino Ratio Rank: 4545
Sortino Ratio Rank
WRLD.AX Omega Ratio Rank: 4444
Omega Ratio Rank
WRLD.AX Calmar Ratio Rank: 3131
Calmar Ratio Rank
WRLD.AX Martin Ratio Rank: 3232
Martin Ratio Rank
MOAT.AX
MOAT.AX Risk / Return Rank: 1616
Overall Rank
MOAT.AX Sharpe Ratio Rank: 1818
Sharpe Ratio Rank
MOAT.AX Sortino Ratio Rank: 1717
Sortino Ratio Rank
MOAT.AX Omega Ratio Rank: 1616
Omega Ratio Rank
MOAT.AX Calmar Ratio Rank: 1515
Calmar Ratio Rank
MOAT.AX Martin Ratio Rank: 1414
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WRLD.AX vs. MOAT.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 VanEck Morningstar Wide Moat ETF (MOAT.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.AXMOAT.AXDifference
Sharpe ratioReturn per unit of total volatility
1.24
0.43

+0.81

Sortino ratioReturn per unit of downside risk
1.77
0.68

+1.08

Omega ratioGain probability vs. loss probability

1.22

1.08

+0.14

Calmar ratioReturn relative to maximum drawdown

1.20

0.34

+0.86

Martin ratioReturn relative to average drawdown

3.44

0.70

+2.74

WRLD.AX vs. MOAT.AX - Sharpe Ratio Comparison

The current WRLD.AX Sharpe Ratio is 1.24, which is higher than the MOAT.AX Sharpe Ratio of 0.43. The chart below compares the historical Sharpe Ratios of WRLD.AX and MOAT.AX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

WRLD.AX vs. MOAT.AX - Drawdown Comparison

The maximum WRLD.AX drawdown since its inception was -16.14%, smaller than the maximum MOAT.AX drawdown of -23.63%. Use the drawdown chart below to compare losses from any high point for WRLD.AX and MOAT.AX.

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Drawdown Indicators

WRLD.AXMOAT.AXDifference

Max Drawdown

Largest peak-to-trough decline

-16.14%

-23.63%

+7.49%

Max Drawdown (1Y)

Largest decline over 1 year

-9.22%

-15.16%

+5.94%

Max Drawdown (3Y)

Largest decline over 3 years

-13.70%

-19.11%

+5.41%

Max Drawdown (5Y)

Largest decline over 5 years

-14.47%

-19.11%

+4.64%

Max Drawdown (10Y)

Largest decline over 10 years

-16.14%

-23.63%

+7.49%

Current Drawdown

Current decline from peak

-1.76%

-5.26%

+3.50%

Average Drawdown

Average peak-to-trough decline

-4.18%

-3.97%

-0.21%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.26%

7.59%

-4.33%

Volatility

WRLD.AX vs. MOAT.AX - Volatility Comparison

The current volatility for Betashares Managed Risk Global Shares Complex ETF (WRLD.AX) is 2.21%, while VanEck Morningstar Wide Moat ETF (MOAT.AX) has a volatility of 3.42%. This indicates that WRLD.AX experiences smaller price fluctuations and is considered to be less risky than MOAT.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.AXMOAT.AXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.21%

3.42%

-1.21%

Volatility (6M)

Calculated over the trailing 6-month period

6.88%

9.67%

-2.79%

Volatility (1Y)

Calculated over the trailing 1-year period

8.95%

12.27%

-3.32%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.37%

14.96%

-3.59%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

11.01%

15.47%

-4.46%

Dividends

WRLD.AX vs. MOAT.AX - Dividend Comparison

WRLD.AX has not paid dividends to shareholders, while MOAT.AX's dividend yield for the trailing twelve months is around 9.96%.

PositionTTM20252024202320222021202020192018201720162015
MOAT.AX
VanEck Morningstar Wide Moat ETF		9.96%5.78%7.39%6.87%0.00%0.00%1.26%1.12%2.52%0.00%1.78%3.30%
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%0.00%

Frequently Asked Questions

WRLD.AX and MOAT.AX have a correlation of 0.43, 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 VanEck.

Portfolio Optimizer

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