WRLD.AX vs. VDCO.AX
WRLD.AX (Betashares Managed Risk Global Shares Complex ETF) and VDCO.AX (Vanguard Diversified Conservative Index ETF) are both Global Equities funds. WRLD.AX is actively managed, while VDCO.AX is passively managed. Over the past 5 years, WRLD.AX returned 10.33%/yr vs 2.59%/yr for VDCO.AX. At a 0.44 correlation, their price movements are largely independent.
Performance
WRLD.AX vs. VDCO.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 higher than VDCO.AX's 2.01% 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%
VDCO.AX
- 1D
- 0.09%
- 1M
- 0.09%
- 6M
- 1.96%
- YTD
- 2.01%
- 1Y
- 5.49%
- 3Y*
- 6.60%
- 5Y*
- 2.59%
- 10Y*
- —
WRLD.AX vs. VDCO.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WRLD.AX Betashares Managed Risk Global Shares Complex ETF | 4.57% | 9.59% | 29.10% | 13.20% | -10.32% | 23.66% | -3.31% | 22.48% | -0.50% | -0.09% |
VDCO.AX Vanguard Diversified Conservative Index ETF | 2.01% | 7.45% | 6.44% | 7.89% | -10.41% | 4.36% | 5.01% | 12.41% | 0.52% | 0.42% |
Correlation
The correlation between WRLD.AX and VDCO.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 | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Nov 20, 2017 | 0.44 |
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Return for Risk
WRLD.AX vs. VDCO.AX — Risk / Return Rank
WRLD.AX
VDCO.AX
WRLD.AX vs. VDCO.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 Vanguard Diversified Conservative Index ETF (VDCO.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 | VDCO.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.41 | ||
| Sortino ratioReturn per unit of downside risk | +0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.21 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.41 | 1.43 | -0.03 |
| Martin ratioReturn relative to average drawdown | 4.01 | 5.21 | -1.19 |
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Drawdowns
WRLD.AX vs. VDCO.AX - Drawdown Comparison
The maximum WRLD.AX drawdown since its inception was -16.14%, which is greater than VDCO.AX's maximum drawdown of -13.68%. Use the drawdown chart below to compare losses from any high point for WRLD.AX and VDCO.AX.
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Drawdown Indicators
| WRLD.AX | VDCO.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.14% | -13.68% | -2.46% |
Max Drawdown (1Y)Largest decline over 1 year | -9.22% | -3.89% | -5.33% |
Max Drawdown (3Y)Largest decline over 3 years | -13.70% | -4.36% | -9.34% |
Max Drawdown (5Y)Largest decline over 5 years | -14.47% | -13.68% | -0.79% |
Max Drawdown (10Y)Largest decline over 10 years | -16.14% | — | — |
Current DrawdownCurrent decline from peak | -0.50% | -0.46% | -0.04% |
Average DrawdownAverage peak-to-trough decline | -4.19% | -2.87% | -1.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.26% | 1.08% | +2.18% |
Volatility
WRLD.AX vs. VDCO.AX - Volatility Comparison
Betashares Managed Risk Global Shares Complex ETF (WRLD.AX) has a higher volatility of 1.76% compared to Vanguard Diversified Conservative Index ETF (VDCO.AX) at 1.18%. This indicates that WRLD.AX's price experiences larger fluctuations and is considered to be riskier than VDCO.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 | VDCO.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.76% | 1.18% | +0.58% |
Volatility (6M)Calculated over the trailing 6-month period | 6.83% | 4.70% | +2.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.86% | 5.30% | +3.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.35% | 5.45% | +5.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.00% | 5.61% | +5.39% |
Dividends
WRLD.AX vs. VDCO.AX - Dividend Comparison
WRLD.AX has not paid dividends to shareholders, while VDCO.AX's dividend yield for the trailing twelve months is around 4.92%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
VDCO.AX Vanguard Diversified Conservative Index ETF | 4.92% | 2.33% | 0.79% | 1.03% | 1.77% | 7.86% | 3.73% | 1.26% | 0.89% | 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 VDCO.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 Vanguard.
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