DFAU vs ENHU: Grades, Fees and Holdings Compared

Dimensional US Core Equity Market ETF

DFAUANYSE Arca

iShares Enhanced Large Cap Core Active ETF

ENHUBNasdaq

Overlap

67.4%by weight

Expense ratio

DFAU −0.10pt a year

DFAU0.12%ENHU0.22%

Avg volume · 30D

DFAU 2210.3×the volume

DFAU555KENHU251

DFAU vs ENHU Performance

Dec 31, 2025 – Nov 2, 2026

+12.2%DFAU+11.9%ENHU

Expense ratio: DFAU 0.12%, better; ENHU 0.22%
Fund size: DFAU $12.8B; ENHU $10M
1Y total return: DFAU +12.9%; ENHU No data
Yield (12M): DFAU 0.91%; ENHU No data
Holdings: DFAU 2163; ENHU 352
Avg volume (30D): DFAU 555K sh, better; ENHU 251 sh
NAV per share: DFAU $52.07; ENHU $28.19
52W range

ETF.net Grade

Pillar letters and Scores for DFAU, ENHU, with each pillar’s weight
Pillar	DFAU	ENHU
Cost30% weight	A97Higher	A91
Mission25% weight	A83	Not scored
Risk15% weight	B65	B69Higher
Tradability15% weight	A87Higher	D34
Holdings10% weight	A84Higher	A78
Durability5% weight	A91Higher	D33

Rank among US Active Equity funds

How we build Categories ›

Same Category. DFAU and ENHU are both graded against the same 121 US Active Equity funds, so their Grades compare head to head.

US Active Equity⁠

Category · 121 funds

See all 121 ›

DFAU ranks 2nd and ENHU 24th of 121 funds in the US Active Equity Category.

Rank 1AAVLCAvantis U.S. Large Cap Equity ETFScore 87
Rank 2ADFAUDimensional US Core Equity Market ETFScore 86
Rank 3ADFACDimensional US Core Equity 2 ETFScore 85
Rank 24BBLUXBluemonte Dynamic Total Market ETFScore 69
Rank 24BENHUiShares Enhanced Large Cap Core Active ETFScore 69
Rank 24BINROiShares U.S. Industry Rotation Active ETFScore 69

Our read on each fund

ETF.net Research

DFAUADimensional US Core Equity Market ETF

ENHUBiShares Enhanced Large Cap Core Active ETF

In short

DFAU Active management priced like an index fund. Dimensional spreads across roughly 2,400 US stocks, then tilts the weights toward value, profitability and momentum instead of simply mirroring the Russell 3000.

ENHU BlackRock's systematic quant desk in an ETF wrapper: roughly 400 large-cap US stocks scored by AI and large data sets, priced far closer to an index fund than to a traditional stock picker.

Stated mandate

DFAU Seeks long-term capital appreciation. It uses an integrated research, portfolio-design, management, and trading process to build a broadly diversified portfolio of U.S. companies while balancing long-term return drivers, risk, shorter-term considerations, and trading costs.

ENHU The fund is a systematic U.S. equity strategy using artificial intelligence and extensive data sets to seek outperformance while providing core U.S. equity exposure.

Why people hold it

DFAU Charges 0.12% a year, well under the 0.65% median for active US equity funds and the cheapest of the top-graded names in its group (AVLC, DFAC, FELC).
Holds roughly 2,400 US companies, so no single name steers the fund. Whole-market coverage, not a concentrated bet.
Active without the stock-picking drama: it leans weights toward value, profitability and momentum, using the Russell 3000 as its reference point rather than a rigid rulebook.
A multi-billion-dollar fund that trades actively, and one of the strongest overall implementations in its active US equity peer group.

ENHU Charges 0.22% a year, about a third of the typical active US equity fund's fee.
Holds roughly 400 names, so it stays core-shaped rather than a concentrated bet on a few picks.
The mandate is explicit: systematic US equity using AI and extensive data sets, seeking to beat plain core exposure.ishares.com
Distributes quarterly, in line with most large-cap core funds.

Worth knowing

DFAU Those tilts cut both ways: results can drift from a plain Russell 3000 fund for long stretches, in either direction.
No published index behind it. The trade-off for flexibility is that you're buying Dimensional's process, not a public set of rules you can check line by line.
Distributions land quarterly, not monthly, and the mandate is long-term capital appreciation rather than income.

ENHU Launched in November 2025, so the live record behind the model is still short.
Trades thinly, so spreads can be wider than on giant index ETFs.
The enhanced-core niche is crowded: Fidelity's FELC runs a similar mandate at 0.18%.

Full DFAU profile⁠

Full ENHU profile⁠

DFAU vs ENHU Holdings

How DFAU and ENHU differ

Overlap by weight

67.4%

Shared holdings make up 95.4% of ENHU and 73.4% of DFAU.

Level by level

Holdings315 in both67.4%
Countryby domicile99.5%
Asset classEquity100%

Sector

No Sector split for ENHU.

Country, concentration and asset class

Country by domicile

Country weights in DFAU and ENHU, widest gap first
Country	More in DFAUMore in ENHU	DFAU	ENHU
United States	DFAU +0.2 points	99.3%	99.1%
Switzerland	ENHU +0.2 points	0.3%	0.5%
Ireland	ENHU +0.1 points	0.0%	0.1%
China	DFAU +0.1 points	0.1%	0.0%
United Kingdom	DFAU +0.1 points	0.1%	0.0%
Mexico	Same weight	0.1%	0.1%
Brazil	ENHU +0.1 points	0.0%	0.1%
Germany	Same weight	0.0%	0.0%
Other countries (5)	DFAU +0.1 points	0.1%	0.0%

Concentration

Weight in the 10 largest Holdings

DFAU33.2%
ENHU35.9%

Securities held

DFAU2,162
ENHU350

Asset class

DFAU: Equity
ENHU: Equity

Holdings

Only in DFAU1,847
In both315
Only in ENHU35

Only in DFAU

1,847 securities, 26.4% of DFAU by weight

Verizon Communications0.31%
New Linde PLC0.31%
Conocophillips0.30%
Thermo Fisher Scientific.0.27%
Pepsico Inc.0.26%
Walt Disney Co/The0.22%
Phillips 660.20%
BlackRock Funding Inc/De0.18%
Csx Corp0.17%
Eaton Corp PLC0.16%
Danaher Corp.0.16%
Johnson Controls Intl0.16%
Mondelez Intl0.16%
Slb Ltd0.15%
Allstate Corp.0.15%
Ecolab Inc0.15%
Cigna Group/The0.15%
Emerson Elec Co0.15%
Automatic Data Processing0.15%
Sherwin-Williams Co0.15%
Occidental Petroleum Corp0.15%
Fedex Corp0.14%
Aon PLC0.14%
Republic Services Inc0.14%
Marriott Intl Class A0.14%
Moody's Corporation0.14%
Starbucks Corp0.14%
Ross Stores Inc.0.14%
Boeing Co/The0.14%
Lowe's Cos Inc0.13%
United Rentals Inc.0.13%
Metlife Inc.0.13%
Bank of New York Mellon0.13%
Norfolk Southern Corp.0.13%
Waste Management Inc.0.13%
Nxp Semiconductors NV0.13%
Hilton Worldwide Hold0.13%
Cummins Inc0.12%
Te Connectivity PLC0.12%
The Southern Company0.12%
Air Products & Chemicals0.12%
Cencora Inc0.12%
American Elec Power Inc.0.12%
Apollo Global Management0.12%
Duke Energy Corp.0.11%
Diamondback Energy Inc0.11%
Crh PLC0.11%
Grainger W.w. Inc.0.11%
Aflac Inc0.11%
Baker Hughes Co0.10%

Only in ENHU

35 securities, 2.5% of ENHU by weight

Ventas Reit0.32%
Meritage Corp0.23%
Cubesmart Reit0.19%
Space Exploration Technologies Cor0.19%
Regency Centers Reit Corp0.19%
American Tower Reit0.17%
Digital Realty Trust Reit0.13%
Glaukos0.13%
Camden Property Trust Reit0.11%
Prologis Reit0.09%
Fidelity National Information Serv0.08%
Anglogold Ashanti PLC0.08%
Healthpeak Properties Inc0.08%
Mid America Apartment Communities0.06%
Fiserv Inc0.06%
Nu Holdings Class A0.06%
Viking Holdings Ltd0.05%
Equinix Reit0.04%
Tempus Ai Class A0.04%
Aes0.03%
Innio N V NV0.03%
Strategy Inc Class A0.02%
Draftkings Class A0.02%
Liberty Live Holdings Inc Series C0.02%
Globant0.02%
Trade Desk Class A0.02%
Quantinuum Inc Class A0.01%
Snap Inc Class A0.01%
Applied Digital<0.01%
Xp Class A Inc<0.01%
Klaviyo Series A<0.01%
Ultragenyx Pharmaceutical<0.01%
Amer Sports Inc<0.01%
Planet Labs Class A<0.01%
Cerebras Systems Inc Class A<0.01%

Weight gaps

The 100 widest of 315 Holdings in both funds.

Holding weights in DFAU and ENHU, widest gap first
Holding	More in DFAUMore in ENHU	DFAU	ENHU
Exxonmobil Holdings CorpXOM	DFAU +1.08 points	1.11%	0.03%
Costco Wholesale Corp.COST	ENHU +0.74 points	0.50%	1.24%
Bristol-Myers Squibb Co.BMY	ENHU +0.67 points	0.21%	0.88%
Amazon.com Inc.AMZN	ENHU +0.60 points	3.15%	3.75%
Meta Platforms IncMETA	ENHU +0.56 points	1.78%	2.34%
Tjx Companies Inc.TJX	ENHU +0.54 points	0.21%	0.75%
Eog Resources Inc.EOG	ENHU +0.53 points	0.20%	0.73%
Microsoft CorpMSFT	ENHU +0.49 points	5.62%	6.11%
Visa IncV	ENHU +0.49 points	0.98%	1.47%
The Charles Schwab Corp.SCHW	ENHU +0.44 points	0.17%	0.61%
Marsh & Mclennan Cos IncMRSH	ENHU +0.43 points	0.14%	0.57%
Walmart Inc.WMT	ENHU +0.41 points	0.71%	1.12%
Honeywell International IHON	ENHU +0.40 points	0.10%	0.50%
Illinois Tool Works Inc.ITW	ENHU +0.39 points	0.15%	0.54%
U.s. BancorpUSB	ENHU +0.40 points	0.12%	0.52%
NVIDIA CorpNVDA	ENHU +0.39 points	6.61%	7.00%
Veralto CorpVLTO	ENHU +0.38 points	0.05%	0.43%
Intercontinental ExchangeICE	ENHU +0.37 points	0.17%	0.54%
Merck & Company IncMRK	DFAU +0.36 points	0.55%	0.19%
Stryker CorpSYK	ENHU +0.36 points	0.11%	0.47%
Hasbro IncHAS	ENHU +0.34 points	0.02%	0.36%
3M Co.MMM	ENHU +0.30 points	0.16%	0.46%
Procter & Gamble Co/ThePG	DFAU +0.30 points	0.53%	0.23%
Apple Inc.AAPL	ENHU +0.30 points	7.13%	7.43%
Broadcom IncAVGO	ENHU +0.30 points	1.96%	2.26%
Lam Research CorpLRCX	ENHU +0.29 points	0.34%	0.63%
Hf Sinclair CorpDINO	ENHU +0.29 points	0.05%	0.34%
Borg-Warner Inc.BWA	ENHU +0.27 points	0.02%	0.29%
Amphenol Corp Class AAPH	ENHU +0.27 points	0.24%	0.51%
AbbVie Inc.ABBV	ENHU +0.27 points	0.62%	0.89%
Lockheed Martin Corp.LMT	ENHU +0.26 points	0.20%	0.46%
Altria Group Inc.MO	ENHU +0.26 points	0.15%	0.41%
Bank of America CorpBAC	ENHU +0.26 points	0.39%	0.65%
Hartford Insurance GroupHIG	ENHU +0.25 points	0.08%	0.33%
Alphabet IncGOOG	DFAU +0.24 points	1.76%	1.52%
Boston Scientific Corp.BSX	ENHU +0.25 points	0.03%	0.28%
Hca Healthcare IncHCA	ENHU +0.25 points	0.09%	0.34%
Parker-Hannifin CorpPH	ENHU +0.25 points	0.13%	0.38%
Advanced Micro DevicesAMD	ENHU +0.24 points	0.92%	1.16%
Eli Lilly and CompanyLLY	ENHU +0.24 points	1.52%	1.76%
Natera IncNTRA	ENHU +0.23 points	0.06%	0.29%
Applied Materials Inc.AMAT	DFAU +0.23 points	0.36%	0.13%
Travelers Companies Inc.TRV	ENHU +0.22 points	0.20%	0.42%
Devon Energy Corp.DVN	ENHU +0.21 points	0.11%	0.32%
Capital One FinancialCOF	ENHU +0.21 points	0.15%	0.36%
Cisco Systems Inc.CSCO	DFAU +0.21 points	0.53%	0.32%
Arista Networks IncANET	ENHU +0.21 points	0.19%	0.40%
Alphabet Inc - Class AGOOGL	DFAU +0.21 points	2.14%	1.93%
Intuit Inc.INTU	ENHU +0.21 points	0.03%	0.24%
Palantir Technologies IncPLTR	ENHU +0.21 points	0.38%	0.59%
Ametek IncAME	ENHU +0.21 points	0.09%	0.30%
Mastercard Inc - AMA	ENHU +0.21 points	0.70%	0.91%
Salesforce IncCRM	ENHU +0.20 points	0.25%	0.45%
Marvell Technology IncMRVL	ENHU +0.20 points	0.11%	0.31%
Adobe IncADBE	ENHU +0.20 points	0.11%	0.31%
Onemain Holdings IncOMF	ENHU +0.19 points	0.02%	0.21%
Applied Industrial TechnoAIT	ENHU +0.19 points	0.02%	0.21%
Morgan StanleyMS	DFAU +0.19 points	0.29%	0.10%
Huntington BancsharesHBAN	ENHU +0.19 points	0.05%	0.24%
Texas Instruments Inc.TXN	ENHU +0.18 points	0.35%	0.53%
Heico CorpHEI.A	ENHU +0.18 points	0.03%	0.21%
Dow IncDOW	ENHU +0.18 points	0.03%	0.21%
Moderna IncMRNA	ENHU +0.18 points	0.10%	0.28%
Regeneron PharmaceuticalsREGN	ENHU +0.18 points	0.15%	0.33%
Wabtec CorpWAB	ENHU +0.18 points	0.07%	0.25%
Rtx CorpRTX	ENHU +0.18 points	0.32%	0.50%
Pnc Financial Services GrPNC	ENHU +0.17 points	0.11%	0.28%
Berkshire Hathaway Cl-BBRK.B	ENHU +0.18 points	1.17%	1.35%
Chevron Corp.CVX	ENHU +0.17 points	0.58%	0.75%
Quest Diagnostics Inc.DGX	ENHU +0.17 points	0.05%	0.22%
Ovintiv IncOVV	ENHU +0.17 points	0.05%	0.22%
Intuitive Surgical Inc.ISRG	ENHU +0.17 points	0.14%	0.31%
General Dynamics Corp.GD	ENHU +0.16 points	0.10%	0.26%
Comcast Corp New Class ACMCSA	ENHU +0.17 points	0.05%	0.22%
Chubb LimitedCB	ENHU +0.16 points	0.16%	0.32%
Edison Intl.EIX	ENHU +0.16 points	0.04%	0.20%
T-Mobile Us IncTMUS	ENHU +0.16 points	0.12%	0.28%
Lyondellbasell IndustriesLYB	ENHU +0.16 points	0.04%	0.20%
Analog Devices Inc.ADI	DFAU +0.16 points	0.24%	0.08%
Reinsurance Group of AmerRGA	ENHU +0.16 points	0.03%	0.19%
Honeywell Aerospace IncHONA	ENHU +0.16 points	0.07%	0.23%
Rockwell Automation Inc.ROK	ENHU +0.15 points	0.08%	0.23%
Intel CorpINTC	ENHU +0.15 points	0.35%	0.50%
Interactive Brokers GroupIBKR	ENHU +0.15 points	0.03%	0.18%
Deere & Co.DE	ENHU +0.15 points	0.21%	0.36%
Comfort Systems Usa IncFIX	ENHU +0.15 points	0.07%	0.22%
Vertiv Holdings CoVRT	ENHU +0.15 points	0.10%	0.25%
Levi Strauss & CoLEVI	ENHU +0.14 points	<0.01%	0.14%
Citigroup Inc.C	DFAU +0.14 points	0.24%	0.10%
Kirby CorpKEX	ENHU +0.13 points	0.02%	0.15%
International Business MaIBM	DFAU +0.13 points	0.36%	0.23%
Exlservice Holdings Inc.EXLS	ENHU +0.13 points	<0.01%	0.14%
Cardinal Health Inc.CAH	ENHU +0.13 points	0.09%	0.22%
Entergy CorpETR	ENHU +0.13 points	0.08%	0.21%
Ryder System Inc.R	ENHU +0.13 points	0.02%	0.15%
Centene CorpCNC	ENHU +0.12 points	0.05%	0.17%
Cintas Corp.CTAS	ENHU +0.12 points	0.15%	0.27%
Target Corp.TGT	DFAU +0.12 points	0.15%	0.03%
Eastman Chemical Co.EMN	ENHU +0.12 points	<0.01%	0.13%
Western DigitalWDC	ENHU +0.12 points	0.22%	0.34%

All 2,381 DFAU holdings⁠All 350 ENHU holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DFAU vs ENHU Cost

Overpaying ENHU vs DFAU

$2,038

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

DFAU 0.12%
$2,520
ENHU 0.22%
$4,558

Amount$10,000

Years30 years

Cost over time

DFAU 0.12%
ENHU 0.22%
Overpaying

Year by year

Year	DFAU	ENHU	Overpaying
10	$220	$401	$181
20	$859	$1,561	$702
30	$2,520	$4,558	$2,038

Expense ratio

0.12%DFAU, cheaper
0.22%ENHU

DFAU0.12%ENHU0.22%

0.00%2.89%

Middle half of US Active Equity funds
Median 0.68%

DFAU 4th cheapest of 121 funds

ENHU 12th cheapest of 121 funds

DFAU vs ENHU Dividends

Last 12 months to Nov 2, 2026

Yield (12M): DFAU 0.91%; ENHU No data
Payout (12M): DFAU $0.47; ENHU No data
Last payment: DFAU $0.12; ENHU $0.07
Ex-dividend: DFAU Sep 22, 2026; ENHU Sep 15, 2026
Paid on: DFAU Sep 24, 2026; ENHU Sep 18, 2026
Frequency: DFAU Quarterly; ENHU Quarterly

Distribution history

Per share, 2020 to 2026, same scale for both

DFAUQuarterly · 24 paymentsAll DFAU payments⁠

ENHUQuarterly · 4 paymentsAll ENHU payments⁠

DFAU vs ENHU Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: DFAU 12.4%ENHU No data
Return per unit of riskSharpe ratio, 3 years: DFAU 1.38ENHU No data
Worst fallMax drawdown, 5 years: DFAU −23.6%ENHU No data
Market sensitivityBeta, 5 years: DFAU 1.01ENHU 1.00; Market = 1

DFAU and ENHU in the news

All news⁠

ETF Filings
BlackRock files to convert Advantage Large Cap Growth into a 0.22% ETF
Sep 29, 2026ENHU

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DFAU vs ENHU

In short

Stated mandate

Why people hold it

Worth knowing

How DFAU and ENHU differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DFAU

Only in ENHU

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

BlackRock files to convert Advantage Large Cap Growth into a 0.22% ETF

How DFAU and ENHU differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DFAU

Only in ENHU

Weight gaps