YANK.AX vs. WRLD.AX

Last updated Jul 16, 2026

YANK.AX (Betashares Strong US Dollar Complex ETF) and WRLD.AX (Betashares Managed Risk Global Shares Complex ETF) are both Global Equities funds from BetaShares. Both are actively managed. Over the past 5 years, YANK.AX returned 4.59%/yr vs 10.33%/yr for WRLD.AX. At a 0.11 correlation, their price movements are largely independent.

Performance

YANK.AX vs. WRLD.AX - Performance Comparison

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

Returns By Period

In the year-to-date period, YANK.AX achieves a -10.34% return, which is significantly lower than WRLD.AX's 4.57% return.

YANK.AX

• 1D: -0.86%
• 1M: 2.46%
• 6M: -10.26%
• YTD: -10.34%
• 1Y: -13.97%
• 3Y*: 1.31%
• 5Y*: 4.59%
• 10Y*: —

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%

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

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
YANK.AX Betashares Strong US Dollar Complex ETF	-10.34%	-13.49%	32.36%	0.83%	15.15%	13.25%	-28.55%	3.18%	23.04%	-19.05%
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%	10.96%

Correlation

The correlation between YANK.AX and WRLD.AX is -0.10, 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	-0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.01
Correlation (All Time) Calculated using the full available price history since Nov 28, 2016	0.11

The correlation between YANK.AX and WRLD.AX shifts across timeframes, from -0.10 (1 year) to 0.11 (all time), reflecting how their relationship changes across market environments.

Return for Risk

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

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

YANK.AX

YANK.AX Risk / Return Rank: 4
YANK.AX Sharpe Ratio Rank: 3
YANK.AX Sortino Ratio Rank: 4
YANK.AX Omega Ratio Rank: 4
YANK.AX Calmar Ratio Rank: 4
YANK.AX Martin Ratio Rank: 4

WRLD.AX

WRLD.AX Risk / Return Rank: 44
WRLD.AX Sharpe Ratio Rank: 52
WRLD.AX Sortino Ratio Rank: 51
WRLD.AX Omega Ratio Rank: 50
WRLD.AX Calmar Ratio Rank: 33
WRLD.AX Martin Ratio Rank: 33

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.

YANK.AX vs. WRLD.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Betashares Strong US Dollar Complex ETF (YANK.AX) and Betashares Managed Risk Global Shares Complex ETF (WRLD.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.

	YANK.AX	WRLD.AX	Difference
Sharpe ratio: Return per unit of total volatility	-0.72	1.46	-2.18
Sortino ratio: Return per unit of downside risk	-0.89	2.08	-2.96
Omega ratio: Gain probability vs. loss probability	0.89	1.26	-0.37
Calmar ratio: Return relative to maximum drawdown	-0.59	1.41	-1.99
Martin ratio: Return relative to average drawdown	-1.01	4.01	-5.02

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

The current YANK.AX Sharpe Ratio is -0.72, which is lower than the WRLD.AX Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of YANK.AX and WRLD.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.

Drawdowns

YANK.AX vs. WRLD.AX - Drawdown Comparison

The maximum YANK.AX drawdown since its inception was -58.85%, which is greater than WRLD.AX's maximum drawdown of -16.14%. Use the drawdown chart below to compare losses from any high point for YANK.AX and WRLD.AX.

Drawdown Indicators

	YANK.AX	WRLD.AX	Difference
Max Drawdown Largest peak-to-trough decline	-58.85%	-16.14%	-42.71%
Max Drawdown (1Y) Largest decline over 1 year	-24.65%	-9.22%	-15.43%
Max Drawdown (3Y) Largest decline over 3 years	-35.12%	-13.70%	-21.42%
Max Drawdown (5Y) Largest decline over 5 years	-35.12%	-14.47%	-20.65%
Max Drawdown (10Y) Largest decline over 10 years	—	-16.14%	—
Current Drawdown Current decline from peak	-39.71%	-0.50%	-39.21%
Average Drawdown Average peak-to-trough decline	-29.41%	-4.19%	-25.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.46%	3.26%	+11.20%

Volatility

YANK.AX vs. WRLD.AX - Volatility Comparison

Betashares Strong US Dollar Complex ETF (YANK.AX) has a higher volatility of 4.13% compared to Betashares Managed Risk Global Shares Complex ETF (WRLD.AX) at 1.76%. This indicates that YANK.AX's price experiences larger fluctuations and is considered to be riskier than WRLD.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YANK.AX	WRLD.AX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.13%	1.76%	+2.37%
Volatility (6M) Calculated over the trailing 6-month period	16.61%	6.83%	+9.78%
Volatility (1Y) Calculated over the trailing 1-year period	20.04%	8.86%	+11.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.11%	11.35%	+12.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.04%	11.00%	+13.04%

Dividends

YANK.AX vs. WRLD.AX - Dividend Comparison

Neither YANK.AX nor WRLD.AX has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
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%
YANK.AX Betashares Strong US Dollar Complex ETF	0.00%	4.09%	5.51%	5.99%	6.77%	0.00%	0.00%	19.51%	2.79%	0.00%	0.00%

Frequently Asked Questions

Can I hold both YANK.AX and WRLD.AX in my portfolio?

YANK.AX and WRLD.AX have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.