PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
WRLD.AX vs. OZR.AX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

WRLD.AX vs. OZR.AX

Last updated Jul 18, 2026
Documentation

WRLD.AX (Betashares Managed Risk Global Shares Complex ETF) and OZR.AX (SPDR ETFs Australia - State Street SPDR S&P/ASX 200 Resources ETF) are both Global Equities funds. WRLD.AX is actively managed, while OZR.AX is passively managed. Over the past 10 years, WRLD.AX returned 9.87%/yr vs 13.67%/yr for OZR.AX. At a 0.20 correlation, their price movements are largely independent.

Performance

WRLD.AX vs. OZR.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 SPDR ETFs Australia - State Street SPDR S&P/ASX 200 Resources ETF (OZR.AX). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, WRLD.AX achieves a 3.25% return, which is significantly lower than OZR.AX's 8.75% return. Over the past 10 years, WRLD.AX has underperformed OZR.AX with an annualized return of 9.87%, while OZR.AX has yielded a comparatively higher 13.67% 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%

OZR.AX

1D
-2.47%
1M
-12.34%
6M
2.06%
YTD
8.75%
1Y
39.26%
3Y*
8.86%
5Y*
9.47%
10Y*
13.67%
*Multi-year figures are annualized to reflect compound growth (CAGR)

WRLD.AX vs. OZR.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%
OZR.AX
SPDR ETFs Australia - State Street SPDR S&P/ASX 200 Resources ETF		8.75%34.32%-16.68%11.32%22.70%7.72%8.82%25.68%2.80%25.58%

Correlation

The correlation between WRLD.AX and OZR.AX is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.20

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

0.15

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

0.17

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

0.22

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

0.20

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Betashares Managed Risk Global Shares Complex ETF

SPDR ETFs Australia - State Street SPDR S&P/ASX 200 Resources ETF

Often compared with WRLD.AX:
WRLD.AX vs. CORE.AXWRLD.AX vs. ESGI.AXWRLD.AX vs. ESTX.AXWRLD.AX vs. F100.AXWRLD.AX vs. FOOD.AXWRLD.AX vs. FUEL.AXWRLD.AX vs. GEAR.AX
Often compared with OZR.AX:
OZR.AX vs. OZF.AXOZR.AX vs. SSO.AXOZR.AX vs. DJRE.AXOZR.AX vs. GOVT.AXOZR.AX vs. QMIX.AXOZR.AX vs. SFY.AXOZR.AX vs. SLF.AX

Return for Risk

WRLD.AX vs. OZR.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
OZR.AX
OZR.AX Risk / Return Rank: 6161
Overall Rank
OZR.AX Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
OZR.AX Sortino Ratio Rank: 6262
Sortino Ratio Rank
OZR.AX Omega Ratio Rank: 5959
Omega Ratio Rank
OZR.AX Calmar Ratio Rank: 6161
Calmar Ratio Rank
OZR.AX Martin Ratio Rank: 5757
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. OZR.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 SPDR ETFs Australia - State Street SPDR S&P/ASX 200 Resources ETF (OZR.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.AXOZR.AXDifference
Sharpe ratioReturn per unit of total volatility
1.24
1.64

-0.40

Sortino ratioReturn per unit of downside risk
1.77
2.20

-0.43

Omega ratioGain probability vs. loss probability

1.22

1.27

-0.05

Calmar ratioReturn relative to maximum drawdown

1.20

2.28

-1.07

Martin ratioReturn relative to average drawdown

3.44

7.36

-3.92

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

The current WRLD.AX Sharpe Ratio is 1.24, which is comparable to the OZR.AX Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of WRLD.AX and OZR.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.

Loading charts...

Drawdowns

WRLD.AX vs. OZR.AX - Drawdown Comparison

The maximum WRLD.AX drawdown since its inception was -16.14%, smaller than the maximum OZR.AX drawdown of -63.68%. Use the drawdown chart below to compare losses from any high point for WRLD.AX and OZR.AX.

Loading charts...

Drawdown Indicators

WRLD.AXOZR.AXDifference

Max Drawdown

Largest peak-to-trough decline

-16.14%

-63.68%

+47.54%

Max Drawdown (1Y)

Largest decline over 1 year

-9.22%

-16.68%

+7.46%

Max Drawdown (3Y)

Largest decline over 3 years

-13.70%

-26.11%

+12.41%

Max Drawdown (5Y)

Largest decline over 5 years

-14.47%

-26.11%

+11.64%

Max Drawdown (10Y)

Largest decline over 10 years

-16.14%

-36.72%

+20.58%

Current Drawdown

Current decline from peak

-1.76%

-13.86%

+12.10%

Average Drawdown

Average peak-to-trough decline

-4.18%

-20.81%

+16.63%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.26%

5.20%

-1.94%

Volatility

WRLD.AX vs. OZR.AX - Volatility Comparison

The current volatility for Betashares Managed Risk Global Shares Complex ETF (WRLD.AX) is 2.21%, while SPDR ETFs Australia - State Street SPDR S&P/ASX 200 Resources ETF (OZR.AX) has a volatility of 6.94%. This indicates that WRLD.AX experiences smaller price fluctuations and is considered to be less risky than OZR.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

WRLD.AXOZR.AXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.21%

6.94%

-4.73%

Volatility (6M)

Calculated over the trailing 6-month period

6.88%

19.36%

-12.48%

Volatility (1Y)

Calculated over the trailing 1-year period

8.95%

23.16%

-14.21%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.37%

22.46%

-11.09%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

11.01%

22.18%

-11.17%

Dividends

WRLD.AX vs. OZR.AX - Dividend Comparison

WRLD.AX has not paid dividends to shareholders, while OZR.AX's dividend yield for the trailing twelve months is around 2.51%.

PositionTTM20252024202320222021202020192018201720162015
OZR.AX
SPDR ETFs Australia - State Street SPDR S&P/ASX 200 Resources ETF		2.51%2.62%2.35%6.10%15.55%5.65%3.07%4.85%3.18%2.13%1.55%4.69%
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 OZR.AX have a correlation of 0.20, 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 SPDR.

Portfolio Optimizer

Find the right allocation for WRLD.AX and OZR.AX

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer