KURE vs. VOO
Compare and contrast key facts about KraneShares MSCI All China Health Care Index ETF (KURE) and Vanguard S&P 500 ETF (VOO).
KURE and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both KURE and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KURE or VOO.
Key characteristics
| KURE | VOO | |
|---|---|---|
| YTD Return | -11.89% | 27.15% |
| 1Y Return | -16.38% | 39.90% |
| 3Y Return (Ann) | -19.41% | 10.28% |
| 5Y Return (Ann) | -5.92% | 16.00% |
| Sharpe Ratio | -0.53 | 3.15 |
| Sortino Ratio | -0.60 | 4.19 |
| Omega Ratio | 0.93 | 1.59 |
| Calmar Ratio | -0.26 | 4.60 |
| Martin Ratio | -0.82 | 21.00 |
| Ulcer Index | 21.59% | 1.85% |
| Daily Std Dev | 33.39% | 12.34% |
| Max Drawdown | -68.53% | -33.99% |
| Current Drawdown | -62.61% | 0.00% |
Correlation
The correlation between KURE and VOO is 0.33, 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.
Performance
KURE vs. VOO - Performance Comparison
In the year-to-date period, KURE achieves a -11.89% return, which is significantly lower than VOO's 27.15% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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KURE vs. VOO - Expense Ratio Comparison
KURE has a 0.65% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
KURE vs. VOO - 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 Vanguard S&P 500 ETF (VOO). 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.
Dividends
KURE vs. VOO - Dividend Comparison
KURE's dividend yield for the trailing twelve months is around 0.73%, less than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KURE KraneShares MSCI All China Health Care Index ETF | 0.73% | 0.65% | 0.05% | 14.12% | 0.00% | 0.25% | 0.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
KURE vs. VOO - Drawdown Comparison
The maximum KURE drawdown since its inception was -68.53%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for KURE and VOO. For additional features, visit the drawdowns tool.
Volatility
KURE vs. VOO - Volatility Comparison
KraneShares MSCI All China Health Care Index ETF (KURE) has a higher volatility of 11.55% compared to Vanguard S&P 500 ETF (VOO) at 3.95%. This indicates that KURE's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.