KURE vs. KBND

Last updated Apr 1, 2026

Compare and contrast key facts about KraneShares MSCI All China Health Care Index ETF (KURE) and KraneShares Bloomberg China Bond Inclusion Index ETF (KBND).

KURE and KBND 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. KBND is a passively managed fund by CICC that tracks the performance of the KBND-US - Bloomberg China Inclusion Focused Bond Index. It was launched on Dec 3, 2014. Both KURE and KBND 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. KBND - 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 KraneShares Bloomberg China Bond Inclusion Index ETF (KBND). The values are adjusted to include any dividend payments, if applicable.

KURE vs. KBND - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
KURE KraneShares MSCI All China Health Care Index ETF	0.18%	24.87%	-17.83%	-17.70%	-25.43%	-16.01%	68.97%	34.30%	-30.07%
KBND KraneShares Bloomberg China Bond Inclusion Index ETF	0.00%	0.00%	0.89%	3.13%	-6.81%	4.41%	9.38%	1.25%	-4.42%

Returns By Period

KURE

• 1D: 1.67%
• 1M: -2.79%
• YTD: 0.18%
• 6M: -15.23%
• 1Y: 13.79%
• 3Y*: -4.11%
• 5Y*: -12.05%
• 10Y*: —

KBND

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KURE vs. KBND - Expense Ratio Comparison

KURE has a 0.65% expense ratio, which is higher than KBND's 0.50% expense ratio.

KURE

KraneShares MSCI All China Health Care Index ETF

KBND

KraneShares Bloomberg China Bond Inclusion Index ETF

Return for Risk

KURE vs. KBND — Risk / Return Rank

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

KURE

KURE Risk / Return Rank: 26
KURE Sharpe Ratio Rank: 28
KURE Sortino Ratio Rank: 29
KURE Omega Ratio Rank: 27
KURE Calmar Ratio Rank: 27
KURE Martin Ratio Rank: 21

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. KBND - 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 KraneShares Bloomberg China Bond Inclusion Index ETF (KBND). 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	KBND	Difference
Sharpe ratio Return per unit of total volatility	0.48	—	—
Sortino ratio Return per unit of downside risk	0.82	—	—
Omega ratio Gain probability vs. loss probability	1.11	—	—
Calmar ratio Return relative to maximum drawdown	0.62	—	—
Martin ratio Return relative to average drawdown	1.31	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	KURE	KBND	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.48	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.38	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.06	—	—

Correlation

The correlation between KURE and KBND is 0.17, 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. KBND - Dividend Comparison

KURE's dividend yield for the trailing twelve months is around 4.19%, while KBND has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KURE KraneShares MSCI All China Health Care Index ETF	4.19%	4.19%	1.29%	0.65%	0.05%	14.12%	0.00%	0.25%	0.21%	0.00%	0.00%	0.00%
KBND KraneShares Bloomberg China Bond Inclusion Index ETF	0.00%	0.00%	0.40%	2.20%	2.51%	6.97%	2.27%	3.47%	4.98%	0.00%	0.04%	1.16%

Drawdowns

Drawdown Indicators

	KURE	KBND	Difference
Max Drawdown Largest peak-to-trough decline	-68.53%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-22.72%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-67.94%	—	—
Current Drawdown Current decline from peak	-56.38%	—	—
Average Drawdown Average peak-to-trough decline	-37.67%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	10.71%	—	—

Volatility

Volatility by Period

	KURE	KBND	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.06%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.78%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	28.85%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.89%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.52%	—	—