DFIC vs ENHI: Grades, Fees and Holdings Compared

Dimensional International Core Equity 2 ETF

DFICACboe

iShares Enhanced International Active ETF

ENHIANasdaq

Overlap

39.6%by weight

Expense ratio

DFIC −0.05pt a year

DFIC0.22%ENHI0.27%

Avg volume · 30D

DFIC 302.4×the volume

DFIC1.85MENHI6.12K

DFIC vs ENHI Performance

Jul 31, 2026 – Oct 30, 2026

−1.2%DFIC−2.4%ENHI

Expense ratio: DFIC 0.22%, better; ENHI 0.27%
Fund size: DFIC $15.3B; ENHI $21M
1Y total return: DFIC +16.8%; ENHI No data
Yield (12M): DFIC 2.55%; ENHI No data
Holdings: DFIC 4152; ENHI 594
Avg volume (30D): DFIC 1.85M sh, better; ENHI 6.12K sh
NAV per share: DFIC $37.56; ENHI $26.49
52W range

ETF.net Grade

Pillar letters and Scores for DFIC, ENHI, with each pillar’s weight
Pillar	DFIC	ENHI
Cost30% weight	A98Higher	A94
Mission25% weight	A100	Not scored
Risk15% weight	B69	A72Higher
Tradability15% weight	A81Higher	C51
Holdings10% weight	A91Higher	A82
Durability5% weight	A91Higher	C46

Rank among International Active Equity funds

How we build Categories ›

Same Category. DFIC and ENHI are both graded against the same 55 International Active Equity funds, so their Grades compare head to head.

International Active Equity⁠

Category · 55 funds

See all 55 ›

DFIC ranks 1st and ENHI 5th of 55 funds in the International Active Equity Category.

Rank 1AAVDEAvantis International Equity ETFScore 87
Rank 1ADFICDimensional International Core Equity 2 ETFScore 87
Rank 3AJIREJPMorgan International Research Enhanced Equity ETFScore 79
Rank 4AAVDSAvantis International Small Cap Equity ETFScore 78
Rank 5AENHIiShares Enhanced International Active ETFScore 76
Rank 5ATACNT. Rowe Price Active Core International Equity ETFScore 76

Our read on each fund

ETF.net Research

DFICADimensional International Core Equity 2 ETF

ENHIAiShares Enhanced International Active ETF

In short

DFIC No data

ENHI BlackRock'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

DFIC No data

ENHI The fund seeks to outperform the MSCI EAFE Index.

Why people hold it

DFIC No data

ENHI 0.27% 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%).
Rules 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
The mandate is explicit: outperform the MSCI EAFE Index. No style drift to guess at, and a public yardstick to judge it against.sec.gov
Stands among the stronger implementations in a crowded active international field, on cost and portfolio breadth.

Worth knowing

DFIC No data

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

Full DFIC profile⁠

Full ENHI profile⁠

DFIC vs ENHI Holdings

How DFIC and ENHI differ

Overlap by weight

39.6%

Shared holdings make up 94.3% of ENHI and 46.9% of DFIC.

Level by level

Holdings535 in both39.6%
Countryby domicile83.2%
Asset classEquity100%

Sector

No Sector split for ENHI.

Country, concentration and asset class

Country by domicile

Country weights in DFIC and ENHI, widest gap first
Country	More in DFICMore in ENHI	DFIC	ENHI
Canada	DFIC +11.6 points	11.6%	0.0%
United Kingdom	ENHI +4.2 points	11.4%	15.6%
France	ENHI +3.5 points	6.1%	9.6%
Netherlands	ENHI +2.2 points	3.6%	5.8%
Germany	ENHI +1.5 points	7.3%	8.8%
Switzerland	ENHI +1.5 points	8.0%	9.5%
Spain	ENHI +1.3 points	2.8%	4.1%
United States	DFIC +1.2 points	1.2%	0.0%
Other countries (20)	DFIC +1.2 points	47.9%	46.7%

Outside the US: DFIC 98% developed, 2% emerging. ENHI 99% developed, 1% emerging.

Concentration

Weight in the 10 largest Holdings

DFIC7.1%
ENHI15.5%

Securities held

DFIC4,131
ENHI580

Asset class

DFIC: Equity
ENHI: Equity

Holdings

Only in DFIC3,596
In both535
Only in ENHI45

Only in DFIC

3,596 securities, 52.7% of DFIC by weight

Shell PLC1.15%
Asml Holding NV1.09%
Novartis AG Adr0.76%
Royal Bank of Canada0.64%
Bp PLC0.44%
Banco Bilbao Vizcaya Arge0.41%
Suncor Energy Inc.0.41%
Hsbc Holdings PLC0.39%
Canadian Natural Resource0.37%
Toronto-Dominion Bank0.37%
Astrazeneca PLC0.33%
Tesco PLC0.31%
Cenovus Energy Inc0.27%
National Bank of Canada0.25%
Bhp Group Ltd0.25%
Intact Financial Corp0.24%
Barrick Mining Corp0.23%
Aib Group PLC0.22%
Ubs Group AG0.22%
Bank of Nova Scotia/The0.22%
Agnico Eagle Mines Ltd0.21%
Fairfax Financial Holding0.21%
Swisscom AG0.20%
Helvetia Baloise Holding0.19%
Royal Bank of Canada0.19%
Unilever PLC0.18%
Rheinmetall AG0.18%
Canadian Imperial Bank of0.17%
Kinross Gold Corp0.17%
Magna International Inc0.16%
Teck Resources Ltd0.16%
Compass Group PLC0.16%
Deutsche Bank AG0.15%
Whitecap Resources Inc0.15%
Asr Nederland NV0.15%
Banco Bpm Spa0.15%
Lloyds Banking Group PLC0.15%
Sunbelt Rentals Holdings0.14%
Diageo PLC0.14%
Stmicroelectronics NV0.14%
Commerzbank Ag-Tend0.14%
Dollarama Inc0.14%
Sun Life Financial Inc0.14%
Ia Financial Corp Inc0.14%
Natwest Group PLC0.13%
Tc Energy Corp0.13%
Bank of Montreal0.13%
Bawag Group AG0.13%
Manulife Financial Corp0.13%
Tourmaline Oil Corp0.13%

Only in ENHI

45 securities, 5.4% of ENHI by weight

Unilever PLC0.67%
Investor Class B0.47%
Softbank Group Corp0.47%
Tesco PLC0.35%
Diageo PLC0.24%
Compass Group PLC0.22%
3I Group Fund PLC0.20%
Ferrari0.18%
Orix0.17%
Japan Post Bank Ltd0.17%
Jardine Matheson Holdings0.16%
Stmicroelectronics0.15%
Elbit Systems0.14%
Nippon Yusen0.14%
Kyocera0.13%
Ferrovial NV0.13%
Dassault Systemes0.12%
Helvetia Baloise Holding N AG0.12%
Tower Semiconductor0.10%
Goodman Group Units0.09%
Exor NV0.08%
Sumitomo Metal Mining0.07%
Lundbergforetagen Class B0.07%
Link Real Estate Investment Trust0.06%
Financiere De Tubize SA0.06%
Sino Land Ltd0.06%
Tenaris SA0.06%
Kawasaki Kisen Ltd0.05%
Londonmetric Property Reit PLC0.05%
Sofina SA0.05%
Capitaland Integrated Commercial T0.05%
Stockland Stapled Units Ltd0.04%
Intercontinental Hotels Group PLC0.04%
Stellantis0.04%
Heineken Holding NV0.04%
International Airlines Group0.03%
Scentre Group0.03%
Entain PLC0.02%
Abivax SA0.02%
Klepierre Reit SA0.02%
Industrivarden Series0.02%
Gecina SA0.01%
Mitsubishi Hc Capital Inc<0.01%
Crasus Chemical<0.01%
Land Securities Group Reit PLC<0.01%

Weight gaps

The 100 widest of 535 Holdings in both funds.

Holding weights in DFIC and ENHI, widest gap first
Holding	More in DFICMore in ENHI	DFIC	ENHI
Asml Holding NV	ENHI +2.79 points	0.07%	2.86%
Shell PLCSHEL.L	ENHI +1.57 points	0.12%	1.69%
Astrazeneca PLCAZN.L	ENHI +1.40 points	0.06%	1.46%
Novartis AG	ENHI +1.36 points	0.07%	1.43%
Hsbc Holdings PLCHSBA.L	ENHI +1.35 points	0.08%	1.43%
Sap SE	ENHI +1.10 points	0.09%	1.19%
Roche Holding AG	ENHI +0.99 points	0.70%	1.69%
Siemens AG	ENHI +0.98 points	0.26%	1.24%
Mitsubishi Ufj Financial	ENHI +0.91 points	0.36%	1.27%
Commonwealth Bank of Aust	ENHI +0.74 points	0.19%	0.93%
Ubs Group AG	ENHI +0.69 points	<0.01%	0.70%
Banco Santander SA	ENHI +0.68 points	0.19%	0.87%
Schneider Electric SE	ENHI +0.65 points	0.12%	0.77%
Nestle SA	ENHI +0.65 points	0.64%	1.29%
Iberdrola SA	ENHI +0.64 points	0.09%	0.73%
Sumitomo Mitsui Financial	ENHI +0.58 points	0.16%	0.74%
Banco Bilbao Vizcaya Arge	ENHI +0.56 points	0.06%	0.62%
Sony Group Corp	ENHI +0.54 points	0.33%	0.87%
Bhp Group Ltd	ENHI +0.51 points	0.39%	0.90%
British American TobaccoBATS.L	ENHI +0.51 points	0.17%	0.68%
Recruit Holdings Co Ltd	ENHI +0.50 points	0.30%	0.80%
Abb Ltd	ENHI +0.48 points	0.22%	0.70%
Bp PLCBP.L	ENHI +0.46 points	0.14%	0.60%
Novo Nordisk A/S	ENHI +0.45 points	0.17%	0.61%
Allianz SE	ENHI +0.45 points	0.49%	0.94%
Sanofi	ENHI +0.44 points	0.10%	0.54%
Tokyo Electron Ltd	ENHI +0.43 points	0.24%	0.68%
Hitachi Ltd	ENHI +0.43 points	0.31%	0.74%
Kioxia Holdings Corp	ENHI +0.43 points	0.05%	0.48%
Intesa Sanpaolo Spa	ENHI +0.42 points	0.15%	0.57%
Axa SA	ENHI +0.42 points	0.09%	0.51%
Keyence Corp	ENHI +0.42 points	0.05%	0.47%
Advantest Corp	ENHI +0.40 points	0.33%	0.73%
Relx PLCREL.L	ENHI +0.40 points	<0.01%	0.40%
Enel Spa	ENHI +0.39 points	0.16%	0.55%
Mitsubishi Corp	ENHI +0.40 points	0.12%	0.52%
Macquarie Group Ltd	ENHI +0.39 points	0.06%	0.45%
Mitsui & Co Ltd	ENHI +0.39 points	0.09%	0.48%
Lvmh Moet Hennessy Louis	ENHI +0.38 points	0.18%	0.56%
Mizuho Financial Group In	ENHI +0.38 points	0.18%	0.56%
Cie Financiere Richemont	ENHI +0.37 points	0.13%	0.50%
National Grid PLCNG.L	ENHI +0.38 points	0.01%	0.39%
Bnp Paribas SA	ENHI +0.38 points	0.14%	0.52%
Gsk PLCGSK.L	ENHI +0.36 points	0.20%	0.56%
Aia Group Ltd	ENHI +0.35 points	0.17%	0.52%
Airbus SE	ENHI +0.35 points	0.18%	0.53%
Fast Retailing Co Ltd	ENHI +0.33 points	0.12%	0.45%
National Australia Bank L	ENHI +0.31 points	0.14%	0.45%
Dbs Group Holdings Ltd	ENHI +0.31 points	0.23%	0.54%
Lloyds Banking Group PLCLLOY.L	ENHI +0.30 points	0.04%	0.34%
Siemens Energy AG	ENHI +0.30 points	0.24%	0.54%
Zurich Insurance Group AG	ENHI +0.29 points	0.23%	0.52%
Toyota Motor Corp	ENHI +0.29 points	0.46%	0.75%
Oversea-Chinese Banking C	ENHI +0.29 points	0.10%	0.39%
Csl Ltd	ENHI +0.28 points	0.01%	0.29%
L'oreal SA	ENHI +0.27 points	0.18%	0.45%
Ing Groep NV	ENHI +0.27 points	0.14%	0.41%
Mitsubishi Heavy Industri	ENHI +0.26 points	0.11%	0.37%
Argenx SE	ENHI +0.26 points	<0.01%	0.26%
Safran SA	ENHI +0.26 points	0.19%	0.45%
Itochu Corp	ENHI +0.25 points	0.15%	0.40%
Tokio Marine Holdings Inc	ENHI +0.25 points	0.22%	0.47%
Deutsche Bank AG	ENHI +0.24 points	0.03%	0.27%
Anheuser-Busch Inbev Sa/N	ENHI +0.25 points	0.21%	0.46%
Atlas	ENHI +0.24 points	0.08%	0.32%
Bae Systems PLCBA.L	ENHI +0.23 points	0.18%	0.41%
Natwest Group PLCNWG.L	ENHI +0.23 points	0.06%	0.29%
Murata Manufacturing Co L	ENHI +0.22 points	0.12%	0.34%
Nintendo Co Ltd	ENHI +0.23 points	0.07%	0.30%
Panasonic Holdings Corp	ENHI +0.22 points	0.09%	0.31%
Japan Tobacco Inc	ENHI +0.21 points	0.11%	0.32%
Rolls-Royce Holdings PLCRR.L	ENHI +0.21 points	0.39%	0.60%
Unicredit Spa	ENHI +0.21 points	0.34%	0.55%
Swedbank Ab	ENHI +0.21 points	0.05%	0.26%
Hermes International	ENHI +0.20 points	0.04%	0.24%
Naturgy Energy Group SA	ENHI +0.20 points	0.04%	0.24%
Experian PLCEXPN.L	ENHI +0.20 points	0.09%	0.29%
Wolters Kluwer NV	ENHI +0.20 points	0.03%	0.23%
London Stock Exchange GroLSEG.L	ENHI +0.20 points	0.11%	0.31%
Anz Group Holdings	ENHI +0.20 points	0.12%	0.32%
Mizrahi Tefahot Bank Ltd	ENHI +0.19 points	0.03%	0.22%
Wesfarmers Ltd	ENHI +0.19 points	0.10%	0.29%
Mitsubishi Electric Corp	ENHI +0.19 points	0.06%	0.25%
Dnb Bank Asa	ENHI +0.19 points	0.04%	0.23%
Prosus NV	ENHI +0.18 points	0.05%	0.23%
Essilorluxottica SA	ENHI +0.18 points	0.04%	0.22%
Israel Discount Bank Ltd	ENHI +0.18 points	0.06%	0.24%
Westpac Banking Corp	ENHI +0.18 points	0.16%	0.34%
Fanuc Corp	ENHI +0.18 points	<0.01%	0.19%
Muenchener Rueckversicher	ENHI +0.18 points	0.25%	0.43%
Sumitomo Corp	ENHI +0.18 points	0.05%	0.23%
Erste Group Bank AG	ENHI +0.17 points	0.08%	0.25%
Eneos Holdings Inc	DFIC +0.17 points	0.17%	<0.01%
Terna Rete Elettrica Nazi	ENHI +0.16 points	0.06%	0.22%
Singapore Telecommunicati	ENHI +0.16 points	0.04%	0.20%
Takeda Pharmaceutical Co	ENHI +0.17 points	0.13%	0.30%
Denso Corp	ENHI +0.15 points	0.04%	0.19%
Air Liquide SA	ENHI +0.16 points	0.17%	0.33%
Kddi Corp	DFIC +0.16 points	0.19%	0.03%
Smc Corp/Japan	ENHI +0.15 points	0.04%	0.19%

All 4,139 DFIC holdings⁠All 580 ENHI 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.

DFIC vs ENHI Cost

Overpaying ENHI vs DFIC

$999

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

DFIC 0.22%
$4,558
ENHI 0.27%
$5,557

Amount$10,000

Years30 years

Cost over time

DFIC 0.22%
ENHI 0.27%
Overpaying

Year by year

Year	DFIC	ENHI	Overpaying
10	$401	$491	$90
20	$1,561	$1,907	$346
30	$4,558	$5,557	$999

Expense ratio

0.22%DFIC, cheaper
0.27%ENHI

DFIC0.22%ENHI0.27%

0.00%1.49%

Middle half of International Active Equity funds
Median 0.55%

DFIC 2nd cheapest of 55 funds

ENHI 4th cheapest of 55 funds

DFIC vs ENHI Dividends

Last 12 months to Oct 30, 2026

Yield (12M): DFIC 2.55%; ENHI No data
Payout (12M): DFIC $0.96; ENHI No data
Last payment: DFIC $0.19; ENHI $0.32
Ex-dividend: DFIC Sep 22, 2026; ENHI Jun 15, 2026
Paid on: DFIC Sep 24, 2026; ENHI Jun 18, 2026
Frequency: DFIC Quarterly; ENHI Irregular

Distribution history

Per share, 2022 to 2026, same scale for both

DFICQuarterly · 18 paymentsAll DFIC payments⁠

ENHIIrregular · 1 paymentAll ENHI payments⁠

DFIC vs ENHI Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: DFIC 11.9%ENHI No data
Return per unit of riskSharpe ratio, 3 years: DFIC 1.35ENHI No data
Worst fallMax drawdown, 5 years: DFIC −24.4%since Mar 2022ENHI No data
Market sensitivityBeta, 5 years: DFIC 0.92ENHI 0.57; Market = 1

DFIC and ENHI in the news

All news⁠

ETF Filings
Causeway files its first ETFs into a 0.22% to 0.39% category, its own fee blank
Sep 18, 2026DFIC

Popular comparisons

DFICAvsAVDEA
Dimensional International Core Equity 2 ETF · Avantis International Equity ETF
Expense ratio
0.22% · 0.23%
Category
ENHIAvsAVDEA
iShares Enhanced International Active ETF · Avantis International Equity ETF
Expense ratio
0.27% · 0.23%
Category
DFICAvsJIREA
Dimensional International Core Equity 2 ETF · JPMorgan International Research Enhanced Equity ETF
Expense ratio
0.22% · 0.29%
Category
ENHIAvsJIREA
iShares Enhanced International Active ETF · JPMorgan International Research Enhanced Equity ETF
Expense ratio
0.27% · 0.29%
Category
DFICAvsAVDSA
Dimensional International Core Equity 2 ETF · Avantis International Small Cap Equity ETF
Expense ratio
0.22% · 0.30%
Category
ENHIAvsAVDSA
iShares Enhanced International Active ETF · Avantis International Small Cap Equity ETF
Expense ratio
0.27% · 0.30%
Category

DFIC vs ENHI

In short

Stated mandate

Why people hold it

Worth knowing

How DFIC and ENHI differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DFIC

Only in ENHI

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Causeway files its first ETFs into a 0.22% to 0.39% category, its own fee blank

How DFIC and ENHI differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DFIC

Only in ENHI

Weight gaps