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KURE vs. CQQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between KURE and CQQQ is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.3

Performance

KURE vs. CQQQ - Performance Comparison

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

-40.00%-35.00%-30.00%-25.00%-20.00%NovemberDecember2025FebruaryMarchApril
-27.53%
-32.95%
KURE
CQQQ

Key characteristics

Sharpe Ratio

KURE:

0.26

CQQQ:

0.72

Sortino Ratio

KURE:

0.63

CQQQ:

1.33

Omega Ratio

KURE:

1.08

CQQQ:

1.16

Calmar Ratio

KURE:

0.14

CQQQ:

0.43

Martin Ratio

KURE:

0.46

CQQQ:

2.10

Ulcer Index

KURE:

20.14%

CQQQ:

14.54%

Daily Std Dev

KURE:

36.27%

CQQQ:

42.24%

Max Drawdown

KURE:

-68.53%

CQQQ:

-73.99%

Current Drawdown

KURE:

-62.40%

CQQQ:

-61.25%

Returns By Period

In the year-to-date period, KURE achieves a 7.82% return, which is significantly higher than CQQQ's 5.43% return.


KURE

YTD

7.82%

1M

-2.11%

6M

-2.12%

1Y

6.42%

5Y*

-7.91%

10Y*

N/A

CQQQ

YTD

5.43%

1M

-9.54%

6M

2.07%

1Y

22.52%

5Y*

-4.02%

10Y*

-0.06%

*Annualized

Compare stocks, funds, or ETFs

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KURE vs. CQQQ - Expense Ratio Comparison

KURE has a 0.65% expense ratio, which is lower than CQQQ's 0.70% expense ratio.


Expense ratio chart for CQQQ: current value is 0.70%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
CQQQ: 0.70%
Expense ratio chart for KURE: current value is 0.65%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
KURE: 0.65%

Risk-Adjusted Performance

KURE vs. CQQQ — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KURE
The Risk-Adjusted Performance Rank of KURE is 4141
Overall Rank
The Sharpe Ratio Rank of KURE is 4141
Sharpe Ratio Rank
The Sortino Ratio Rank of KURE is 4949
Sortino Ratio Rank
The Omega Ratio Rank of KURE is 4747
Omega Ratio Rank
The Calmar Ratio Rank of KURE is 3535
Calmar Ratio Rank
The Martin Ratio Rank of KURE is 3232
Martin Ratio Rank

CQQQ
The Risk-Adjusted Performance Rank of CQQQ is 6868
Overall Rank
The Sharpe Ratio Rank of CQQQ is 7272
Sharpe Ratio Rank
The Sortino Ratio Rank of CQQQ is 7777
Sortino Ratio Rank
The Omega Ratio Rank of CQQQ is 7373
Omega Ratio Rank
The Calmar Ratio Rank of CQQQ is 5757
Calmar Ratio Rank
The Martin Ratio Rank of CQQQ is 6262
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

KURE vs. CQQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares MSCI All China Health Care Index ETF (KURE) and Invesco China Technology ETF (CQQQ). 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.


The chart of Sharpe ratio for KURE, currently valued at 0.26, compared to the broader market-1.000.001.002.003.004.00
KURE: 0.26
CQQQ: 0.72
The chart of Sortino ratio for KURE, currently valued at 0.63, compared to the broader market-2.000.002.004.006.008.00
KURE: 0.63
CQQQ: 1.33
The chart of Omega ratio for KURE, currently valued at 1.08, compared to the broader market0.501.001.502.002.50
KURE: 1.08
CQQQ: 1.16
The chart of Calmar ratio for KURE, currently valued at 0.14, compared to the broader market0.002.004.006.008.0010.0012.00
KURE: 0.14
CQQQ: 0.43
The chart of Martin ratio for KURE, currently valued at 0.46, compared to the broader market0.0020.0040.0060.00
KURE: 0.46
CQQQ: 2.10

The current KURE Sharpe Ratio is 0.26, which is lower than the CQQQ Sharpe Ratio of 0.72. The chart below compares the historical Sharpe Ratios of KURE and CQQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.50NovemberDecember2025FebruaryMarchApril
0.26
0.72
KURE
CQQQ

Dividends

KURE vs. CQQQ - Dividend Comparison

KURE's dividend yield for the trailing twelve months is around 1.20%, more than CQQQ's 0.27% yield.


TTM20242023202220212020201920182017201620152014
KURE
KraneShares MSCI All China Health Care Index ETF
1.20%1.30%0.65%0.05%14.12%0.00%0.25%0.21%0.00%0.00%0.00%0.00%
CQQQ
Invesco China Technology ETF
0.27%0.28%0.55%0.08%0.00%0.47%0.01%0.43%1.42%1.69%1.77%1.00%

Drawdowns

KURE vs. CQQQ - Drawdown Comparison

The maximum KURE drawdown since its inception was -68.53%, smaller than the maximum CQQQ drawdown of -73.99%. Use the drawdown chart below to compare losses from any high point for KURE and CQQQ. For additional features, visit the drawdowns tool.


-65.00%-60.00%-55.00%NovemberDecember2025FebruaryMarchApril
-62.40%
-61.25%
KURE
CQQQ

Volatility

KURE vs. CQQQ - Volatility Comparison

The current volatility for KraneShares MSCI All China Health Care Index ETF (KURE) is 15.10%, while Invesco China Technology ETF (CQQQ) has a volatility of 16.88%. This indicates that KURE experiences smaller price fluctuations and is considered to be less risky than CQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
15.10%
16.88%
KURE
CQQQ