IYH vs. KURE
IYH (iShares U.S. Healthcare ETF) and KURE (KraneShares MSCI All China Health Care Index ETF) are both exchange-traded funds - IYH is a Health & Biotech Equities fund tracking the Dow Jones U.S. Health Care Index, while KURE is a China Equities fund tracking the MSCI China All Shares Health Care 10/40 Index. Both are passively managed. Over the past 5 years, IYH returned 5.27%/yr vs -13.89%/yr for KURE. At a 0.25 correlation, their price movements are largely independent. IYH charges 0.43%/yr vs 0.65%/yr for KURE.
Performance
IYH vs. KURE - Performance Comparison
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Returns By Period
In the year-to-date period, IYH achieves a 4.74% return, which is significantly higher than KURE's -1.08% return.
IYH
- 1D
- -0.47%
- 1M
- 7.40%
- 6M
- 4.14%
- YTD
- 4.74%
- 1Y
- 23.25%
- 3Y*
- 8.10%
- 5Y*
- 5.27%
- 10Y*
- 9.68%
KURE
- 1D
- -5.41%
- 1M
- 15.77%
- 6M
- -10.53%
- YTD
- -1.08%
- 1Y
- -6.26%
- 3Y*
- -0.54%
- 5Y*
- -13.89%
- 10Y*
- —
IYH vs. KURE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IYH iShares U.S. Healthcare ETF | 4.74% | 13.16% | 2.99% | 2.14% | -4.46% | 23.41% | 15.56% | 20.80% | -0.72% |
KURE KraneShares MSCI All China Health Care Index ETF | -1.08% | 24.87% | -17.83% | -17.70% | -25.43% | -16.01% | 68.97% | 34.30% | -30.01% |
Correlation
The correlation between IYH and KURE is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2018 | 0.25 |
IYH vs. KURE - Sectors Allocation Comparison
Sectors
IYH
KURE
Healthcare
Basic Materials
-
-
Communication Services
-
-
Consumer Cyclical
-
-
Consumer Defensive
-
Energy
-
-
Financial Services
-
-
Industrials
-
-
Real Estate
-
-
Technology
-
-
Utilities
-
-
Healthcare
IYH
KURE
Basic Materials
IYH
-
KURE
-
Communication Services
IYH
-
KURE
-
Consumer Cyclical
IYH
-
KURE
-
Consumer Defensive
IYH
-
KURE
Energy
IYH
-
KURE
-
Financial Services
IYH
-
KURE
-
Industrials
IYH
-
KURE
-
Real Estate
IYH
-
KURE
-
Technology
IYH
-
KURE
-
Utilities
IYH
-
KURE
-
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Return for Risk
IYH vs. KURE — Risk / Return Rank
IYH
KURE
IYH vs. KURE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Healthcare ETF (IYH) and KraneShares MSCI All China Health Care Index ETF (KURE). 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.
| IYH | KURE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.70 | ||
| Sortino ratioReturn per unit of downside risk | +2.45 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 0.99 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 2.19 | -0.20 | +2.40 |
| Martin ratioReturn relative to average drawdown | 5.15 | -0.40 | +5.55 |
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Drawdowns
IYH vs. KURE - Drawdown Comparison
The maximum IYH drawdown since its inception was -43.12%, smaller than the maximum KURE drawdown of -68.53%. Use the drawdown chart below to compare losses from any high point for IYH and KURE.
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Drawdown Indicators
| IYH | KURE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.12% | -68.53% | +25.41% |
Max Drawdown (1Y)Largest decline over 1 year | -10.64% | -30.88% | +20.24% |
Max Drawdown (3Y)Largest decline over 3 years | -17.91% | -34.05% | +16.14% |
Max Drawdown (5Y)Largest decline over 5 years | -17.91% | -66.18% | +48.27% |
Max Drawdown (10Y)Largest decline over 10 years | -28.40% | — | — |
Current DrawdownCurrent decline from peak | -2.54% | -56.92% | +54.38% |
Average DrawdownAverage peak-to-trough decline | -8.94% | -38.35% | +29.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.52% | 15.71% | -11.19% |
Volatility
IYH vs. KURE - Volatility Comparison
The current volatility for iShares U.S. Healthcare ETF (IYH) is 6.33%, while KraneShares MSCI All China Health Care Index ETF (KURE) has a volatility of 12.37%. This indicates that IYH experiences smaller price fluctuations and is considered to be less risky than KURE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IYH | KURE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.33% | 12.37% | -6.04% |
Volatility (6M)Calculated over the trailing 6-month period | 11.83% | 20.80% | -8.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.84% | 28.48% | -12.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.19% | 32.02% | -16.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.79% | 32.48% | -15.69% |
IYH vs. KURE - Expense Ratio Comparison
IYH has a 0.43% expense ratio, which is lower than KURE's 0.65% expense ratio.
Dividends
IYH vs. KURE - Dividend Comparison
IYH's dividend yield for the trailing twelve months is around 1.18%, less than KURE's 4.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IYH iShares U.S. Healthcare ETF | 1.18% | 1.19% | 1.25% | 1.18% | 1.10% | 0.94% | 1.16% | 1.14% | 1.95% | 1.10% | 1.29% | 2.02% |
KURE KraneShares MSCI All China Health Care Index ETF | 4.24% | 4.19% | 1.29% | 0.65% | 0.05% | 14.12% | 0.00% | 0.25% | 0.21% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IYH and KURE have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KURE has higher volatility (12.37%) compared to IYH (6.33%). In terms of maximum drawdown, IYH dropped -43.12% vs KURE's -68.53%.
On 5-year performance, IYH leads with 5.27% vs -13.89% for KURE. On fees, IYH is cheaper at 0.43% per year. On volatility, IYH has been the lower-risk option at 6.33%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, IYH has performed better with a 5.27% return vs -13.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IYH is cheaper with a 0.43% expense ratio, compared with 0.65% for KURE.
KURE has the higher dividend yield at 4.24%, compared with 1.18% for IYH.
IYH is categorized as Health & Biotech Equities, while KURE is China Equities. IYH tracks Dow Jones U.S. Health Care Index, while KURE tracks MSCI China All Shares Health Care 10/40 Index. They also come from different issuers: iShares and CICC. Their fees differ too: 0.43% for IYH and 0.65% for KURE.
IYH currently has the higher Sharpe Ratio (1.48 vs -0.22), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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