ETF Evaluator: KraneShares MSCI All China Hlth Care ETF (KURE) Follow This ETF

KraneShares MSCI All China Hlth Care ETF Overview

KraneShares MSCI All China Hlth Care ETF (KURE) is a passively managed International Equity Greater China Region exchange-traded fund (ETF). KraneShares launched the ETF in 2018.

The investment seeks to provide investment results that, before fees and expenses, track the price and yield performance of the MSCI China All Shares Health Care 10/40 Index. The fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in instruments in its underlying index or in instruments that have economic characteristics similar to those in the underlying index. The underlying index is a free float adjusted market capitalization weighted index, subject to the 10/40 Constraint, which is designed to measure the equity market performance of Chinese companies in the healthcare sector. The fund is non-diversified.

About KraneShares MSCI All China Hlth Care ETF (KURE)

There are 2 members of the management team with an average tenure of 7.19 years: James Maund (2020) and Jonathan Shelon (2018). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: MSCI China All Shares NR USD index with a weighting of 100% and MSCI China All Shares HC 10/40 NR USD index with a weighting of 100%. KraneShares MSCI All China Hlth Care ETF has 48 securities in its portfolio. The top 10 holdings constitute 54.4% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

KraneShares MSCI All China Hlth Care ETF is part of the Equity global asset class and is within the International Equity ETF group. KraneShares MSCI All China Hlth Care ETF has 87.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 13.2% There is 87.3% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). KraneShares MSCI All China Hlth Care ETF has -0.5% of the portfolio in cash.

Assets Under Management

The fund has $71 million in total assets, which is below the $1 billion average for the Greater China Region category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

KURE Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The KraneShares MSCI All China Hlth Care ETF expense ratio is above average compared to funds in the Greater China Region category. KraneShares MSCI All China Hlth Care ETF has an expense ratio of 0.65%, which is 2% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. KraneShares MSCI All China Hlth Care ETF has a portfolio turnover rate of 73%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 57% for the Greater China Region category.

Recently, in the month of June 2026, KraneShares MSCI All China Hlth Care ETF returned -3.0%, which earned it a grade of C, as the Greater China Region category had an average return of -1.6%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

KraneShares MSCI All China Hlth Care ETF has a trailing yield of 4.57%, which is above the 3.30% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

KraneShares MSCI All China Hlth Care ETF Grades

Year to date, the ETF has returned -8.8%, 15.0 percentage points worse than the category, which translates into a grade of D. The fund has returned -3.1% over the past year (grade of D), -2.8% over the past three years (grade of F) and -16.1% per year over the past five years (grade of F).

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