KURE vs. ISVBF

Last updated Apr 2, 2026

Compare and contrast key facts about KraneShares MSCI All China Health Care Index ETF (KURE) and iShares MSCI China A UCITS ETF (ISVBF).

KURE and ISVBF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KURE is a passively managed fund by CICC that tracks the performance of the MSCI China All Shares Health Care 10/40 Index. It was launched on Feb 1, 2018. ISVBF is a passively managed fund by iShares that tracks the performance of the MSCI China A Inclusion Index. It was launched on Apr 8, 2015. Both KURE and ISVBF are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

KURE vs. ISVBF - 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 iShares MSCI China A UCITS ETF (ISVBF). The values are adjusted to include any dividend payments, if applicable.

KURE vs. ISVBF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
KURE KraneShares MSCI All China Health Care Index ETF	4.61%	24.87%	-17.83%	-17.70%	-25.43%	-21.51%
ISVBF iShares MSCI China A UCITS ETF	-6.48%	30.64%	18.96%	-9.28%	-23.01%	-22.12%

Returns By Period

In the year-to-date period, KURE achieves a 4.61% return, which is significantly higher than ISVBF's -6.48% return.

KURE

• 1D: 4.42%
• 1M: 2.80%
• YTD: 4.61%
• 6M: -11.73%
• 1Y: 15.86%
• 3Y*: -2.71%
• 5Y*: -11.28%
• 10Y*: —

ISVBF

• 1D: 0.60%
• 1M: -4.98%
• YTD: -6.48%
• 6M: -13.49%
• 1Y: 6.38%
• 3Y*: 8.03%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

KURE vs. ISVBF - Expense Ratio Comparison

KURE has a 0.65% expense ratio, which is higher than ISVBF's 0.40% expense ratio.

KURE

KraneShares MSCI All China Health Care Index ETF

ISVBF

iShares MSCI China A UCITS ETF

Return for Risk

KURE vs. ISVBF — Risk / Return Rank

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

KURE

KURE Risk / Return Rank: 28
KURE Sharpe Ratio Rank: 28
KURE Sortino Ratio Rank: 29
KURE Omega Ratio Rank: 27
KURE Calmar Ratio Rank: 31
KURE Martin Ratio Rank: 23

ISVBF

ISVBF Risk / Return Rank: 17
ISVBF Sharpe Ratio Rank: 16
ISVBF Sortino Ratio Rank: 17
ISVBF Omega Ratio Rank: 18
ISVBF Calmar Ratio Rank: 17
ISVBF Martin Ratio Rank: 17

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.

KURE vs. ISVBF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares MSCI All China Health Care Index ETF (KURE) and iShares MSCI China A UCITS ETF (ISVBF). 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.

	KURE	ISVBF	Difference
Sharpe ratio Return per unit of total volatility	0.55	0.20	+0.34
Sortino ratio Return per unit of downside risk	0.90	0.49	+0.42
Omega ratio Gain probability vs. loss probability	1.12	1.07	+0.05
Calmar ratio Return relative to maximum drawdown	0.83	0.33	+0.50
Martin ratio Return relative to average drawdown	1.75	0.98	+0.77
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KURE vs. ISVBF - Sharpe Ratio Comparison

The current KURE Sharpe Ratio is 0.55, which is higher than the ISVBF Sharpe Ratio of 0.20. The chart below compares the historical Sharpe Ratios of KURE and ISVBF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	KURE	ISVBF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.55	0.20	+0.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.35	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.05	-0.16	+0.11

Correlation

The correlation between KURE and ISVBF is 0.22, 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.

Dividends

KURE vs. ISVBF - Dividend Comparison

KURE's dividend yield for the trailing twelve months is around 4.01%, while ISVBF has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
KURE KraneShares MSCI All China Health Care Index ETF	4.01%	4.19%	1.29%	0.65%	0.05%	14.12%	0.00%	0.25%	0.21%
ISVBF iShares MSCI China A UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

KURE vs. ISVBF - Drawdown Comparison

The maximum KURE drawdown since its inception was -68.53%, which is greater than ISVBF's maximum drawdown of -53.78%. Use the drawdown chart below to compare losses from any high point for KURE and ISVBF.

Drawdown Indicators

	KURE	ISVBF	Difference
Max Drawdown Largest peak-to-trough decline	-68.53%	-53.78%	-14.75%
Max Drawdown (1Y) Largest decline over 1 year	-22.72%	-19.18%	-3.54%
Max Drawdown (5Y) Largest decline over 5 years	-67.94%	—	—
Current Drawdown Current decline from peak	-54.45%	-24.20%	-30.25%
Average Drawdown Average peak-to-trough decline	-37.68%	-33.12%	-4.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.75%	6.49%	+4.26%

Volatility

KURE vs. ISVBF - Volatility Comparison

The current volatility for KraneShares MSCI All China Health Care Index ETF (KURE) is 8.58%, while iShares MSCI China A UCITS ETF (ISVBF) has a volatility of 17.49%. This indicates that KURE experiences smaller price fluctuations and is considered to be less risky than ISVBF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KURE	ISVBF	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.58%	17.49%	-8.91%
Volatility (6M) Calculated over the trailing 6-month period	18.19%	24.96%	-6.77%
Volatility (1Y) Calculated over the trailing 1-year period	29.18%	31.35%	-2.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.95%	30.03%	+1.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.55%	30.03%	+2.52%