I'd say better. You finish it a little later but it's a stronger late game item. Ryze is a late game champion. For 425 gold you get 200 more health, 10 more MR and 20 hp5. I'd say that's worth a slight delay on that extra 10% CDR.
Thanks to The_Nameless_Bard for the sig!
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is korean build better or worse now that Spirit Visage has better stats but is more money more of late game item not mid game.
I'd say worse.