I suppose the primary difference between this and Knack is intention.
Knack was made on the cheap, designed to be a simple, family friendly game to add to your collection as a secondary purchase next to Killzone or whatever.
Ryse had shit-tonnes of money poured into its development and was shown off as a system seller for the hardcore fans.
So while Knack is objectively a worse game, it's also a far smaller loss.
My Console Library:
PS5, Switch, XSX
PS4, PS3, PS2, PS1, WiiU, Wii, GCN, N64 SNES, XBO, 360
3DS, DS, GBA, Vita, PSP, Android