Unless a recirc system is very well insulated, they are radiators. In some instances you could calculate that as part of your heating.. same as why highrises generally don't or at least didn't turn off the lights. They calculate that as part of the heating. In one home that we worked on the uninsulated recirc lines ran behind the thermostat and prevented the heat from working properly.
Likely the gravity system requires the line to be unheated in order to create the heat loss on the return side.
Personally I don't sell recirc systems for their energy values.. I only sell them on their convenience.