WRLD.DE vs. GASF.DE

Last updated Jul 16, 2026

WRLD.DE (Rize Environmental Impact 100 UCITS ETF) and GASF.DE (Goldman Sachs Access China Government Bond UCITS ETF USD Inc) are both exchange-traded funds - WRLD.DE is a Global Equities fund tracking the Foxberry SMS Environmental Impact 100, while GASF.DE is a Emerging Markets Bonds fund tracking the FTSE Goldman Sachs China Government Bond Index. Both are passively managed. Over the past 3 years, WRLD.DE returned 7.84%/yr vs 5.09%/yr for GASF.DE. At a correlation of -0.03, they often move in opposite directions. WRLD.DE charges 0.55%/yr vs 0.24%/yr for GASF.DE.

Performance

WRLD.DE vs. GASF.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 Goldman Sachs Access China Government Bond UCITS ETF USD Inc (GASF.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WRLD.DE achieves a 13.49% return, which is significantly higher than GASF.DE's 7.95% return.

WRLD.DE

• 1D: 0.00%
• 1M: -2.36%
• 6M: 7.56%
• YTD: 13.49%
• 1Y: 18.75%
• 3Y*: 7.84%
• 5Y*: —
• 10Y*: —

GASF.DE

• 1D: 0.06%
• 1M: 1.40%
• 6M: 6.61%
• YTD: 7.95%
• 1Y: 8.98%
• 3Y*: 5.09%
• 5Y*: 3.52%
• 10Y*: —

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

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

	2026 (YTD)	2025	2024	2023	2022	2021
WRLD.DE Rize Environmental Impact 100 UCITS ETF	13.49%	11.71%	1.59%	11.63%	-16.39%	8.18%
GASF.DE Goldman Sachs Access China Government Bond UCITS ETF USD Inc	7.95%	-6.82%	10.85%	-2.28%	0.91%	7.48%

Correlation

The correlation between WRLD.DE and GASF.DE is 0.05, 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	0.05
Correlation (3Y) Calculated over the trailing 3-year period	-0.01
Correlation (All Time) Calculated using the full available price history since Jul 23, 2021	-0.03

Return for Risk

WRLD.DE vs. GASF.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: 45
WRLD.DE Sharpe Ratio Rank: 41
WRLD.DE Sortino Ratio Rank: 39
WRLD.DE Omega Ratio Rank: 39
WRLD.DE Calmar Ratio Rank: 58
WRLD.DE Martin Ratio Rank: 50

GASF.DE

GASF.DE Risk / Return Rank: 69
GASF.DE Sharpe Ratio Rank: 69
GASF.DE Sortino Ratio Rank: 74
GASF.DE Omega Ratio Rank: 72
GASF.DE Calmar Ratio Rank: 70
GASF.DE Martin Ratio Rank: 60

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. GASF.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 Goldman Sachs Access China Government Bond UCITS ETF USD Inc (GASF.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.

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.DE	GASF.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.21	1.81	-0.61
Sortino ratio: Return per unit of downside risk	1.72	2.68	-0.96
Omega ratio: Gain probability vs. loss probability	1.22	1.34	-0.12
Calmar ratio: Return relative to maximum drawdown	2.38	2.84	-0.46
Martin ratio: Return relative to average drawdown	6.85	8.54	-1.68

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

The current WRLD.DE Sharpe Ratio is 1.21, which is lower than the GASF.DE Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of WRLD.DE and GASF.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.

Drawdowns

WRLD.DE vs. GASF.DE - Drawdown Comparison

The maximum WRLD.DE drawdown since its inception was -23.55%, which is greater than GASF.DE's maximum drawdown of -13.75%. Use the drawdown chart below to compare losses from any high point for WRLD.DE and GASF.DE.

Drawdown Indicators

	WRLD.DE	GASF.DE	Difference
Max Drawdown Largest peak-to-trough decline	-23.55%	-13.75%	-9.80%
Max Drawdown (1Y) Largest decline over 1 year	-7.90%	-3.40%	-4.50%
Max Drawdown (3Y) Largest decline over 3 years	-19.51%	-11.00%	-8.51%
Max Drawdown (5Y) Largest decline over 5 years	—	-13.75%	—
Current Drawdown Current decline from peak	-4.56%	-1.53%	-3.03%
Average Drawdown Average peak-to-trough decline	-9.37%	-6.06%	-3.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.75%	1.12%	+1.63%

Volatility

WRLD.DE vs. GASF.DE - Volatility Comparison

Rize Environmental Impact 100 UCITS ETF (WRLD.DE) has a higher volatility of 4.47% compared to Goldman Sachs Access China Government Bond UCITS ETF USD Inc (GASF.DE) at 1.48%. This indicates that WRLD.DE's price experiences larger fluctuations and is considered to be riskier than GASF.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WRLD.DE	GASF.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.47%	1.48%	+2.99%
Volatility (6M) Calculated over the trailing 6-month period	12.32%	3.45%	+8.87%
Volatility (1Y) Calculated over the trailing 1-year period	15.57%	5.35%	+10.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.98%	6.68%	+10.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.98%	7.71%	+9.27%

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

WRLD.DE has a 0.55% expense ratio, which is higher than GASF.DE's 0.24% expense ratio.

Dividends

WRLD.DE vs. GASF.DE - Dividend Comparison

WRLD.DE has not paid dividends to shareholders, while GASF.DE's dividend yield for the trailing twelve months is around 1.98%.

Position	TTM	2025	2024	2023	2022	2021	2020
GASF.DE Goldman Sachs Access China Government Bond UCITS ETF USD Inc	1.98%	2.36%	2.35%	2.63%	2.73%	2.40%	1.99%
WRLD.DE Rize Environmental Impact 100 UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

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

WRLD.DE and GASF.DE have a correlation of 0.05, 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 GASF.DE?

On fees, GASF.DE is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.

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

GASF.DE is cheaper with a 0.24% expense ratio, compared with 0.55% for WRLD.DE.

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

WRLD.DE is categorized as Global Equities, while GASF.DE is Emerging Markets Bonds. WRLD.DE tracks Foxberry SMS Environmental Impact 100, while GASF.DE tracks FTSE Goldman Sachs China Government Bond Index. Their fees differ too: 0.55% for WRLD.DE and 0.24% for GASF.DE.