KURE vs QQQ
KraneShares MSCI All China Health Care Index ETF vs Invesco QQQ Trust, Series 1
Which is better, KURE or QQQ?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 55.2%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | KURE | QQQ |
|---|---|---|
| Expense Ratio | 0.65% | 0.18%Best |
| AUM | $109M | $483.5B |
| Dividend Yield | 3.86% | 0.44% |
| Holdings | 54 | 107 |
| YTD Return | +2.01% | +16.87%Best |
| 1Y Return | -11.98% | +22.98%Best |
| 3Y Return (annualized) | +2.45% | +24.98%Best |
| 5Y Return (annualized) | -9.99% | +14.39%Best |
| Volatility (annualized) | 28.1% | 20.2%Best |
| Max Drawdown | -68.5% | -35.1%Best |
| $10,000 over 5 years | $5,908 | $19,586Best |
| Top 10 Weight | 55.2% | 46.5%Best |
| Fund Family | KraneShares | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jan 31, 2018 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Feb 1, 2018 to Sep 11, 2026 (8.6 years).
KURE vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 8.6 years both funds cover.
KURE vs QQQ Performance
KraneShares MSCI All China Health Care Index ETF (KURE) is an ETF from KraneShares and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year KURE returned -11.98% while QQQ returned +22.98%. Year to date, KURE is up 2.01% versus a gain of 16.87% for QQQ.
Over three years, KURE compounded at +2.45% per year against +24.98% for QQQ; over five years the annualized figures are -9.99% and +14.39% respectively. Across the full 9-year window we track, QQQ has the edge at +18.77% annualized vs -1.55%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KURE has been the more volatile fund, with annualized monthly volatility of 28.1% compared with 20.2% for QQQ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -68.5% for KURE and -35.1% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.21. They move largely independently of each other.
Fees and Cost Over Time
KURE charges 0.65% per year while QQQ charges 0.18%. On a $10,000 position that is $65 vs $18 annually, a gap of $47 per year that compounds over a long holding period. On income, KURE currently yields 3.86% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 45 holdings in KURE and 102 in QQQ, totalling 99.5% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 45 positions we hold weights for in KURE and 102 in QQQ, against full books of 54 and 107.
What only one of them owns
Our book lists 95 positions for QQQ that do not appear in our book for KURE (97.0% of the fund), and 1 for KURE that do not appear in QQQ (0.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of KURE and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, KURE or QQQ?
KURE has an expense ratio of 0.65% while QQQ charges 0.18%. QQQ is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, KURE or QQQ?
Over the past year KURE returned -11.98% vs +22.98% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (9 years), KURE annualized -1.55% vs +18.77% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, KURE or QQQ?
KURE has been the more volatile fund at 28.1% annualized versus 20.2% for QQQ. Worst drawdown: KURE -68.5% vs QQQ -35.1%.
Should I hold both KURE and QQQ?
KURE and QQQ have a monthly-return correlation of 0.21, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, KURE or QQQ?
KURE yields 3.86% while QQQ yields 0.44%, so KURE currently pays the higher dividend yield.
Is QQQ better than KURE?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 55.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.