WHCE.L vs. KURE.L

Last updated Apr 1, 2026

Compare and contrast key facts about Invesco S&P World Health Care ESG UCITS ETF Acc (WHCE.L) and KraneShares MSCI All China Health Care Index UCITS ETF USD (KURE.L).

WHCE.L and KURE.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WHCE.L is a passively managed fund by Invesco that tracks the performance of the S&P World ESG Enhanced Health Care Index. It was launched on Apr 12, 2023. KURE.L is a passively managed fund by MLC Management that tracks the performance of the MSCI World/Health Care NR USD. It was launched on Jan 14, 2021. Both WHCE.L and KURE.L 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

WHCE.L vs. KURE.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P World Health Care ESG UCITS ETF Acc (WHCE.L) and KraneShares MSCI All China Health Care Index UCITS ETF USD (KURE.L). The values are adjusted to include any dividend payments, if applicable.

WHCE.L vs. KURE.L - Yearly Performance Comparison

	2026 (YTD)	2025
WHCE.L Invesco S&P World Health Care ESG UCITS ETF Acc	-6.06%	14.09%
KURE.L KraneShares MSCI All China Health Care Index UCITS ETF USD	-1.47%	11.52%

Returns By Period

In the year-to-date period, WHCE.L achieves a -6.06% return, which is significantly lower than KURE.L's -1.47% return.

WHCE.L

• 1D: 1.17%
• 1M: -8.11%
• YTD: -6.06%
• 6M: 1.85%
• 1Y: 2.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —

KURE.L

• 1D: 0.25%
• 1M: -4.38%
• YTD: -1.47%
• 6M: -19.82%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WHCE.L vs. KURE.L - Expense Ratio Comparison

WHCE.L has a 0.18% expense ratio, which is lower than KURE.L's 0.65% expense ratio.

KURE.L

KraneShares MSCI All China Health Care Index UCITS ETF USD

WHCE.L

Invesco S&P World Health Care ESG UCITS ETF Acc

Return for Risk

WHCE.L vs. KURE.L — Risk / Return Rank

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

WHCE.L

WHCE.L Risk / Return Rank: 16
WHCE.L Sharpe Ratio Rank: 16
WHCE.L Sortino Ratio Rank: 15
WHCE.L Omega Ratio Rank: 15
WHCE.L Calmar Ratio Rank: 17
WHCE.L Martin Ratio Rank: 16

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.

WHCE.L vs. KURE.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P World Health Care ESG UCITS ETF Acc (WHCE.L) and KraneShares MSCI All China Health Care Index UCITS ETF USD (KURE.L). 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.

	WHCE.L	KURE.L	Difference
Sharpe ratio Return per unit of total volatility	0.18	—	—
Sortino ratio Return per unit of downside risk	0.37	—	—
Omega ratio Gain probability vs. loss probability	1.05	—	—
Calmar ratio Return relative to maximum drawdown	0.26	—	—
Martin ratio Return relative to average drawdown	0.62	—	—
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

	WHCE.L	KURE.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.18	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.40	-0.08

Correlation

The correlation between WHCE.L and KURE.L is 0.24, 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

WHCE.L vs. KURE.L - Dividend Comparison

Neither WHCE.L nor KURE.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

WHCE.L vs. KURE.L - Drawdown Comparison

The maximum WHCE.L drawdown since its inception was -20.11%, smaller than the maximum KURE.L drawdown of -25.69%. Use the drawdown chart below to compare losses from any high point for WHCE.L and KURE.L.

Drawdown Indicators

	WHCE.L	KURE.L	Difference
Max Drawdown Largest peak-to-trough decline	-20.11%	-25.69%	+5.58%
Max Drawdown (1Y) Largest decline over 1 year	-11.39%	—	—
Current Drawdown Current decline from peak	-9.02%	-23.12%	+14.10%
Average Drawdown Average peak-to-trough decline	-5.95%	-9.48%	+3.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.29%	—	—

Volatility

Volatility by Period

	WHCE.L	KURE.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.98%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.76%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.45%	26.80%	-9.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.59%	26.80%	-13.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.59%	26.80%	-13.21%