That's the PC version in that video so its above 900p and not a equal comparison yet GOW still wins.Ryse looks nice although they go VERY heavy on the depth of field during combat don't they? it's also 900p while God of War is 1080p and has a lot more particles and things like that going on as well as just being better looking all around. No games make Ryse look bad but as a whole package it's not God of War.
If Ryse is ever on sale on the Xbox store for around $10 I would consider picking it up just to see how it looks all the way through, as it stands now you have to buy it in a $30 bundle and I'm not spending $30 on it.
I do want them to enhance the X version and revisit the franchise with a sequel but this time make it actually play as good as it looks.