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Sunday, August 23, 2026The Morning Brief →Sign in

KraneShares MSCI All China Health Care Index ETF

$19.11-1.19% today
14.522252-WK

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.

Price & daily flows
20.318.1816.0919.11DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned +9.9% so far this year. At 0.65% a year it is not the cheapest way in — IBRN runs the same ground at 0.47%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$38Massets under management
0.65%expense ratio · $65 per $10,000 a year
net flow, trailing month
50Kavg daily volume, 30 days
82holdings · US-domiciled
2018listed January 30, 2018 · beta 0.68
Sector weights
Healthcare98.46%
Health Technology86.79%
Health Services4.25%
Commercial Services3.46%
Distribution Services2.56%
Process Industries2.06%
Consumer Discretionary0.91%
Consumer Defensive0.89%
Consumer Non-Durables0.85%
Materials0.82%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
China93.77%
United States3.84%
Other3.07%
Hong Kong2.39%
United Kingdom0.6%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week+3.7%
1 month+9.2%
3 months+18.9%
6 months+4.5%
YTD+9.9%
1 year-7.5%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month
3 months
YTD
1 year

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

The risk read
26%realized volatility, 30 days (annualized)
29%realized volatility, 1 year
-33.5%deepest fall from a peak, 1 year
-12.5%where it sits vs. that peak today

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
calls today
puts today
put/call ratio
40Kshares traded
The case against KURE

Due diligence cuts both ways. These funds sit on the same shelf and beat KURE on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
IDEV iShares Core MSCI International Developed Markets ETF0.04%$32.7B+$104M-61bp on fee · 851× the assets · +$104M in over the monthHead-to-head
IEFA iShares Core MSCI EAFE ETF0.07%$193.2B+$631M-58bp on fee · 5030× the assets · +$631M in over the monthHead-to-head
IEMG iShares Core MSCI Emerging Markets ETF0.09%$160.6B+$1.9B-56bp on fee · 4183× the assets · +$1.9B in over the monthHead-to-head
IAGG iShares Core International Aggregate Bond ETF0.07%$11.4B+$739M-58bp on fee · 297× the assets · +$739M in over the monthHead-to-head
IXUS iShares Core MSCI Total International Stock ETF0.07%$46.2B-58bp on fee · 1203× the assetsHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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