KraneShares MSCI All China Health Care ETF (KURE) Performance
KURE total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +4.8% since Dec 31, 2025
- 1 year
- −3.3% total return
- 5 years
- −9.7% a year
- Since first price
- −1.4% a year since 2018
KURE trailing returns vs SPY, QQQ, AGG
| Period | KURE total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −6.2% | −6.2% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.0% | +2.0% | +3.2% | +1.9% | −0.4% |
| 6 months | +4.7% | +4.7% | +7.8% | +8.4% | −1.5% |
| YTD | +4.8% | +4.8% | +12.3% | +15.1% | −1.0% |
| 1 year | −3.3% | −7.0% | +14.4% | +15.9% | −1.1% |
| 3 years | +11.7%+3.8%/yr | +5.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | −40.1%−9.7%/yr | −50.6% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionFeb 1, 2018 | −11.9%−1.4%/yr | −27.8% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: KURE vs SPY
From Feb 1, 2018: KURE grew to $8,812, SPY to $30,820.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
KURE returns by calendar year
3 of 7 full years positive. Best 2020 (+69.0%), worst 2022 (−25.4%). 2026 is year to date.
KURE annual returns table
| Year | KURE | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +4.8% | −24.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +24.9% | −18.9% | +17.7% | +20.8% | +7.2% |
| 2024 | −17.8% | −29.1% | +24.9% | +25.6% | +1.3% |
| 2023 | −17.7% | −32.2% | +26.2% | +54.9% | +5.7% |
| 2022 | −25.4% | −40.9% | −18.2% | −32.6% | −13.0% |
| 2021 | −16.0% | −33.3% | +28.7% | +27.4% | −1.8% |
| 2020 | +69.0% | −19.4% | +18.3% | +48.6% | +7.5% |
| 2019 | +34.3% | −21.7% | +31.2% | +39.0% | +8.5% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
KURE largest drawdowns
Now 54.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 17, 2021 | −68.5% | Jul 8, 2024 | not yet | 3.4 years | 5.7 years so far |
| Jun 6, 2018 | −45.8% | Jan 3, 2019 | Jun 17, 2020 | 7 months | 2.0 years |
| Aug 5, 2020 | −12.3% | Sep 10, 2020 | Dec 17, 2020 | 36 days | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
KURE risk statistics
| Statistic | 3 years | 5 years | Since 2018 |
|---|---|---|---|
| Annualized return | +4.7% | −9.0% | −0.4% |
| Volatility (annualized) | 26.0% | 27.0% | 28.1% |
| Sharpe ratio | 0.14 | -0.35 | 0.03 |
| Sortino ratio | 0.21 | -0.48 | 0.05 |
| Best month | +21.8% | +21.8% | +21.8% |
| Worst month | −19.0% | −19.0% | −19.0% |
| Best 12 months | +50.6% | +50.6% | +82.5% |
| Worst 12 months | −17.8% | −45.8% | −47.4% |
| Positive months | 56% | 48% | 51% |
| Beta vs S&P 500 | 0.13 | 0.25 | — |
| Correlation with S&P 500 | 0.06 | 0.14 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
KURE rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 93 | −47.4% | −3.2% | +82.5% | 47% |
| 3-year (a year) | 69 | −30.6% | −2.5% | +24.0% | 41% |
| 5-year (a year) | 45 | −16.0% | −6.2% | +3.2% | 9% |
Every holding period starting at a month-end since 2018. Returns for 3 years and longer are annualized.
KURE performance overview
KraneShares MSCI All China Health Care ETF (KURE) returned −3.3% over the past year and −9.7% a year over five years, with distributions reinvested. Since its first recorded price in 2018 it has returned −1.4% a year, turning $10,000 into about $8,812. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −68.5%, from Feb 17, 2021 to Jul 8, 2024; the fund has not yet regained that high. KURE finished 3 of its 7 full calendar years with a gain; the best year was 2020 (+69.0%) and the worst 2022 (−25.4%). Volatility has been 28.1% a year.
Related: KURE chart, KURE holdings, KURE dividends. See the KURE overview for the latest quote and fund facts.
KURE performance FAQ
What is the KURE return over the past year?
KURE returned −3.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 7.0%.
What is the average annual return of KURE?
KURE has returned −9.7% a year over 5 years, −1.4% a year since February 1, 2018 (total return, distributions reinvested).
How much would $10,000 invested in KURE be worth?
$10,000 invested in KURE at its first recorded close on February 1, 2018 would be worth about $8,812 on October 23, 2026 with distributions reinvested.
What was the worst year for KURE?
The worst calendar year was 2022, with a total return of −25.4%. The best was 2020 at +69.0%.
What is the biggest drawdown of KURE?
The largest peak-to-trough decline was −68.5% between February 17, 2021 and July 8, 2024. It has not yet recovered to that high; it is 54.4% below its peak.
How volatile is KURE?
Over the past 3 years KURE had an annualized volatility of 26.0% and a Sharpe ratio of 0.14 (excess return over 1–3 month T-bills per unit of risk).