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ENHI

GradeANASDAQ Global Market

iShares Enhanced International Active ETF

Active Equity · IShares · Inception 2026-03-09

$27.02−0.34 (−1.24%)

As of Sep 23, 2026, 10:11 AM EDT

History starts Mar 13, 2026.History starts Mar 13, 2026.
Intraday session: down, 5 prints from 27.36 to 27.02. Range 26.96 to 27.10. Use the arrow keys to read each point.$26.95$27.00$27.05$27.1010 AM12 PM2 PM4 PM
Expense ratio
0.27%
Fund size
$22M
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
633
Volume · 30D
0M sh
NAV per share
$27.29
52W range
low $23.54high $27.93

The ETF.net ENHI Grade

A

70/ 100

Rank 10 of 57 in International Active Equity⁠

Confidence Medium

Six-pillar profile for ENHI. Scores out of 100: Cost 93, Risk 71, Mission not scored, Tradability 24, Holdings 84, Durability 47. Strongest: Cost (93). Weakest: Tradability (24). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 70 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 93
    Category rank5/57 · top 9%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 71
    Category rank6/57 · top 11%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 24
    Category rank47/57 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 84
    Category rank6/53 · top 11%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 47
    Category rank36/57 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on ENHI

ETF.net Research

ABlackRock's systematic desk pointed at developed international stocks: roughly 600 names selected by models, benchmarked to MSCI EAFE, at 0.27% a year. Index-fund pricing, active ambitions.

Stated mandate

The fund seeks to outperform the MSCI EAFE Index.

Why people hold it

  1. 010.27% a year is less than half the typical active international fund, and right in the neighborhood of systematic rivals AVDE (0.23%) and JIRE (0.24%).
  2. 02Rules and data do the picking, not hunch. Roughly 600 developed-market holdings means it behaves like a core EAFE-shaped allocation rather than a concentrated bet.blackrock.com
  3. 03The mandate is explicit: outperform the MSCI EAFE Index. No style drift to guess at, and a public yardstick to judge it against.sec.gov
  4. 04Stands among the stronger implementations in a crowded active international field, on cost and portfolio breadth.

Worth knowing

  1. 01Launched in 2026, so the models have a short live record. An active mandate can trail MSCI EAFE as easily as beat it.
  2. 02New funds start small and lightly traded, which shows up as wider bid-ask spreads until volume builds.
  3. 03Cash comes back once or twice a year, not monthly.

ENHI Holdings

As of Sep 22, 2026, 5:17 AM
Asset class
Stocks
Holdings
633
Top-10 weight
14%
Largest holding
ASML.AS2.9%

Geography

  • Japan24.34%
  • United Kingdom13.80%
  • Switzerland9.58%
  • Germany8.63%
  • France8.60%
  • Netherlands6.56%
  • Australia6.25%
  • Spain4.19%
  • Other countries (19)18.04%

Developed 99% · Emerging 1% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 44.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001ASML.ASASML HOLDING2.92%379$628K194
002HSBA.LHSBC HOLDINGS PLC1.63%17,382$351K145
003ROP.SWROCHE PS PAR AG1.43%711$308K196
004SHEL.LSHELL PLC1.34%6,110$289K159
0058306.TMITSUBISHI UFJ FINANCIAL GROUP1.26%11,800$271K155
006NOVN.SWNOVARTIS AG1.26%1,942$271K183
007AZN.LASTRAZENECA PLC1.23%1,579$264K164
008SIE.DESIEMENS N AG1.21%857$259K152
009NESN.SWNESTLE SA1.11%2,590$240K162
010SAN.MCBANCO SANTANDER1.05%15,808$227K134
011SAP.DESAP1.02%1,050$220K163
012ALV.DEALLIANZ0.96%405$206K158
013BHP.AXBHP GROUP LTD0.92%4,569$198K151
014SU.PASCHNEIDER ELECTRIC0.90%590$193K173
015TTE.PATOTALENERGIES0.84%1,993$181K151

Showing 1–15 of 648 holdings

ENHI Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

ENHI$10,258
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. ENHI $10,258. SPY $10,415. Use the arrow keys to read each point.$9,719$10,124$10,528Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for ENHI. Periods over one year show the average yearly return.
PeriodENHI
Year to dateFund launched this year—
1 month−1.4%
3 months+2.6%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for ENHI
YearReturn barENHI
2026 YTD+14.3%

History from Mar 13, 2026

ENHI in the news

ETF.net Research hasn’t filed on ENHI yet — coverage lands here as it’s written.

ENHI Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.32 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2026

One bar per payment. 1 payment in 2026 YTD. Jun 15, 2026 $0.32. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Jun 15, 2026Jun 18, 2026$0.32

ENHI Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Mar 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Mar 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Mar 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.57
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

ENHI Cost

Expense ratio0.27%
  • The middle half of International Active Equity funds
  • Median 0.58%

4 of the 55 International Active Equity funds charge less.

ENHI costs $27.00 a year on $10,000. The median International Active Equity fund costs $58.00.