WRLD.DE vs. ETL2.DE

Last updated Jun 5, 2026

WRLD.DE (Rize Environmental Impact 100 UCITS ETF) and ETL2.DE (L&G Longer Dated All Commodities UCITS ETF) are both exchange-traded funds - WRLD.DE is a Global Equities fund tracking the Foxberry SMS Environmental Impact 100, while ETL2.DE is a Commodities fund tracking the Bloomberg Commodity 3 Month Forward. Both are passively managed. Over the past 3 years, WRLD.DE returned 10.05%/yr vs 10.87%/yr for ETL2.DE. At a 0.12 correlation, their price movements are largely independent. WRLD.DE charges 0.55%/yr vs 0.30%/yr for ETL2.DE.

Performance

WRLD.DE vs. ETL2.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Rize Environmental Impact 100 UCITS ETF (WRLD.DE) and L&G Longer Dated All Commodities UCITS ETF (ETL2.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with WRLD.DE having a 18.45% return and ETL2.DE slightly lower at 18.23%.

WRLD.DE

• 1D: -0.10%
• 1M: 1.70%
• YTD: 18.45%
• 6M: 19.64%
• 1Y: 28.36%
• 3Y*: 10.05%
• 5Y*: —
• 10Y*: —

ETL2.DE

• 1D: -1.24%
• 1M: -1.51%
• YTD: 18.23%
• 6M: 19.58%
• 1Y: 28.45%
• 3Y*: 10.87%
• 5Y*: 13.12%
• 10Y*: 8.17%

*Multi-year figures are annualized to reflect compound growth (CAGR)

WRLD.DE vs. ETL2.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
WRLD.DE Rize Environmental Impact 100 UCITS ETF	18.45%	11.71%	1.59%	11.63%	-16.39%	8.00%
ETL2.DE L&G Longer Dated All Commodities UCITS ETF	18.23%	4.89%	11.54%	-9.44%	24.86%	12.32%

Correlation

The correlation between WRLD.DE and ETL2.DE is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.08
Correlation (All Time) Calculated using the full available price history since Jul 26, 2021	0.12

The correlation between WRLD.DE and ETL2.DE shifts across timeframes, from -0.03 (1 year) to 0.12 (all time), reflecting how their relationship changes across market environments.

Return for Risk

WRLD.DE vs. ETL2.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WRLD.DE

WRLD.DE Risk / Return Rank: 61
WRLD.DE Sharpe Ratio Rank: 57
WRLD.DE Sortino Ratio Rank: 57
WRLD.DE Omega Ratio Rank: 56
WRLD.DE Calmar Ratio Rank: 73
WRLD.DE Martin Ratio Rank: 64

ETL2.DE

ETL2.DE Risk / Return Rank: 57
ETL2.DE Sharpe Ratio Rank: 56
ETL2.DE Sortino Ratio Rank: 51
ETL2.DE Omega Ratio Rank: 54
ETL2.DE Calmar Ratio Rank: 72
ETL2.DE Martin Ratio Rank: 49

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.DE vs. ETL2.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rize Environmental Impact 100 UCITS ETF (WRLD.DE) and L&G Longer Dated All Commodities UCITS ETF (ETL2.DE). 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.

	WRLD.DE	ETL2.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.91	1.87	+0.04
Sortino ratio: Return per unit of downside risk	2.66	2.47	+0.19
Omega ratio: Gain probability vs. loss probability	1.34	1.33	+0.01
Calmar ratio: Return relative to maximum drawdown	3.57	3.59	-0.01
Martin ratio: Return relative to average drawdown	11.33	8.20	+3.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WRLD.DE vs. ETL2.DE - Sharpe Ratio Comparison

The current WRLD.DE Sharpe Ratio is 1.91, which is comparable to the ETL2.DE Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of WRLD.DE and ETL2.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WRLD.DE	ETL2.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.91	1.87	+0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.84	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.59	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.25	+0.12

Drawdowns

WRLD.DE vs. ETL2.DE - Drawdown Comparison

The maximum WRLD.DE drawdown since its inception was -23.55%, smaller than the maximum ETL2.DE drawdown of -47.04%. Use the drawdown chart below to compare losses from any high point for WRLD.DE and ETL2.DE.

Drawdown Indicators

	WRLD.DE	ETL2.DE	Difference
Max Drawdown Largest peak-to-trough decline	-23.55%	-47.04%	+23.49%
Max Drawdown (1Y) Largest decline over 1 year	-7.90%	-7.90%	0.00%
Max Drawdown (3Y) Largest decline over 3 years	-19.51%	-15.06%	-4.45%
Max Drawdown (5Y) Largest decline over 5 years	—	-23.27%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-26.50%	—
Current Drawdown Current decline from peak	-0.38%	-3.57%	+3.19%
Average Drawdown Average peak-to-trough decline	-9.51%	-21.90%	+12.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.50%	3.46%	-0.96%

Volatility

WRLD.DE vs. ETL2.DE - Volatility Comparison

Rize Environmental Impact 100 UCITS ETF (WRLD.DE) and L&G Longer Dated All Commodities UCITS ETF (ETL2.DE) have volatilities of 4.50% and 4.60%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WRLD.DE	ETL2.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.50%	4.60%	-0.10%
Volatility (6M) Calculated over the trailing 6-month period	11.34%	12.74%	-1.40%
Volatility (1Y) Calculated over the trailing 1-year period	14.81%	15.15%	-0.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.98%	15.44%	+1.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.98%	13.69%	+3.29%

WRLD.DE vs. ETL2.DE - Expense Ratio Comparison

WRLD.DE has a 0.55% expense ratio, which is higher than ETL2.DE's 0.30% expense ratio.

Dividends

WRLD.DE vs. ETL2.DE - Dividend Comparison

Neither WRLD.DE nor ETL2.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both WRLD.DE and ETL2.DE in my portfolio?

WRLD.DE and ETL2.DE have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WRLD.DE or ETL2.DE?

On fees, ETL2.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WRLD.DE or ETL2.DE?

ETL2.DE is cheaper with a 0.30% expense ratio, compared with 0.55% for WRLD.DE.

What is the main difference between WRLD.DE and ETL2.DE?

WRLD.DE is categorized as Global Equities, while ETL2.DE is Commodities. WRLD.DE tracks Foxberry SMS Environmental Impact 100, while ETL2.DE tracks Bloomberg Commodity 3 Month Forward. They also come from different issuers: Goldman Sachs and Legal & General. Their fees differ too: 0.55% for WRLD.DE and 0.30% for ETL2.DE.