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IYH vs. KURE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IYH vs. KURE

Last updated Jun 4, 2026

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 4.59%/yr vs -16.33%/yr for KURE. At a 0.26 correlation, their price movements are largely independent. IYH charges 0.43%/yr vs 0.65%/yr for KURE.

Performance

IYH vs. KURE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Healthcare ETF (IYH) and KraneShares MSCI All China Health Care Index ETF (KURE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IYH achieves a -4.19% return, which is significantly higher than KURE's -10.68% return.

IYH

1D
0.96%
1M
1.98%
YTD
-4.19%
6M
-4.54%
1Y
13.08%
3Y*
5.48%
5Y*
4.59%
10Y*
8.96%

KURE

1D
-2.87%
1M
-12.23%
YTD
-10.68%
6M
-15.54%
1Y
-5.05%
3Y*
-6.04%
5Y*
-16.33%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IYH vs. KURE - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
IYH
iShares U.S. Healthcare ETF		-4.19%13.16%2.99%2.14%-4.46%23.41%15.56%20.80%-0.93%
KURE
KraneShares MSCI All China Health Care Index ETF		-10.68%24.87%-17.83%-17.70%-25.43%-16.01%68.97%34.30%-30.07%

Correlation

The correlation between IYH and KURE is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.22

Correlation (3Y)
Calculated over the trailing 3-year period

0.18

Correlation (5Y)
Calculated over the trailing 5-year period

0.20

Correlation (All Time)
Calculated using the full available price history since Feb 2, 2018

0.26

IYH vs. KURE - Sectors Allocation Comparison

Sectors
IYH
KURE

Healthcare

100.0%
99.3%

Basic Materials

-

-

Communication Services

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

0.7%

Energy

-

-

Financial Services

-

-

Industrials

-

-

Real Estate

-

-

Technology

-

-

Utilities

-

-

Healthcare

IYH
100.0%
KURE
99.3%

Basic Materials

IYH

-

KURE

-

Communication Services

IYH

-

KURE

-

Consumer Cyclical

IYH

-

KURE

-

Consumer Defensive

IYH

-

KURE
0.7%

Energy

IYH

-

KURE

-

Financial Services

IYH

-

KURE

-

Industrials

IYH

-

KURE

-

Real Estate

IYH

-

KURE

-

Technology

IYH

-

KURE

-

Utilities

IYH

-

KURE

-

Compare stocks, funds, or ETFs

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iShares U.S. Healthcare ETF

KraneShares MSCI All China Health Care Index ETF

Often compared with IYH:
IYH vs. VHTIYH vs. XLVIYH vs. SPYIYH vs. IYEIYH vs. IFRAIYH vs. BMEDIYH vs. IBB
Often compared with KURE:
KURE vs. CHIQKURE vs. PILLKURE vs. CNYAKURE vs. CQQQKURE vs. CUREKURE vs. FXIKURE vs. VOO

Return for Risk

IYH vs. KURE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IYH
IYH Risk / Return Rank: 2525
Overall Rank
IYH Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
IYH Sortino Ratio Rank: 2626
Sortino Ratio Rank
IYH Omega Ratio Rank: 2323
Omega Ratio Rank
IYH Calmar Ratio Rank: 2626
Calmar Ratio Rank
IYH Martin Ratio Rank: 2323
Martin Ratio Rank
KURE
KURE Risk / Return Rank: 77
Overall Rank
KURE Sharpe Ratio Rank: 77
Sharpe Ratio Rank
KURE Sortino Ratio Rank: 77
Sortino Ratio Rank
KURE Omega Ratio Rank: 77
Omega Ratio Rank
KURE Calmar Ratio Rank: 77
Calmar Ratio Rank
KURE Martin Ratio Rank: 77
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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.

IYHKUREDifference
Sharpe ratioReturn per unit of total volatility
0.89
-0.19

+1.08

Sortino ratioReturn per unit of downside risk
1.43
-0.09

+1.52

Omega ratioGain probability vs. loss probability

1.16

0.99

+0.17

Calmar ratioReturn relative to maximum drawdown

1.23

-0.18

+1.42

Martin ratioReturn relative to average drawdown

2.97

-0.39

+3.36

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IYH vs. KURE - Sharpe Ratio Comparison

The current IYH Sharpe Ratio is 0.89, which is higher than the KURE Sharpe Ratio of -0.19. The chart below compares the historical Sharpe Ratios of IYH and KURE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

IYHKUREDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.89

-0.19

+1.08

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.31

-0.52

+0.82

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.54

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.43

-0.11

+0.53

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

IYHKUREDifference

Max Drawdown

Largest peak-to-trough decline

-43.12%

-68.53%

+25.41%

Max Drawdown (1Y)

Largest decline over 1 year

-10.64%

-27.53%

+16.89%

Max Drawdown (3Y)

Largest decline over 3 years

-17.91%

-34.05%

+16.14%

Max Drawdown (5Y)

Largest decline over 5 years

-17.91%

-67.94%

+50.03%

Max Drawdown (10Y)

Largest decline over 10 years

-28.40%

—

—

Current Drawdown

Current decline from peak

-7.36%

-61.11%

+53.75%

Average Drawdown

Average peak-to-trough decline

-8.96%

-38.07%

+29.11%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.41%

13.13%

-8.72%

Volatility

IYH vs. KURE - Volatility Comparison

The current volatility for iShares U.S. Healthcare ETF (IYH) is 4.24%, while KraneShares MSCI All China Health Care Index ETF (KURE) has a volatility of 7.23%. 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

IYHKUREDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.24%

7.23%

-2.99%

Volatility (6M)

Calculated over the trailing 6-month period

10.32%

17.67%

-7.35%

Volatility (1Y)

Calculated over the trailing 1-year period

14.74%

26.49%

-11.75%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.92%

31.86%

-16.94%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.72%

32.39%

-15.67%

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 1.30%, less than KURE's 4.70% yield.

PositionTTM20252024202320222021202020192018201720162015
IYH
iShares U.S. Healthcare ETF		1.30%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		4.70%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 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

KURE has higher volatility (7.23%) compared to IYH (4.24%). In terms of maximum drawdown, IYH dropped -43.12% vs KURE's -68.53%.

On 5-year performance, IYH leads with 4.59% vs -16.33% for KURE. On fees, IYH is cheaper at 0.43% per year. On volatility, IYH has been the lower-risk option at 4.24%. 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 4.59% return vs -16.33%. 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 4.70%, compared with 1.30% 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 (0.89 vs -0.19), 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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