DYNF vs ENHU: Grades, Fees and Holdings Compared

iShares U.S. Equity Factor Rotation Active ETF

DYNFANYSE Arca

iShares Enhanced Large Cap Core Active ETF

ENHUBNasdaq

Overlap

61.6%by weight

Expense ratio

ENHU −0.04pt a year

DYNF0.26%ENHU0.22%

Avg volume · 30D

DYNF 8982.7×the volume

DYNF2.25MENHU251

DYNF vs ENHU Performance

Dec 31, 2025 – Nov 2, 2026

+10.6%DYNF+11.9%ENHU

Expense ratio: DYNF 0.26%; ENHU 0.22%, better
Fund size: DYNF $41.8B; ENHU $10M
1Y total return: DYNF +10.7%; ENHU No data
Yield (12M): DYNF 0.84%; ENHU No data
Holdings: DYNF 264; ENHU 352
Avg volume (30D): DYNF 2.25M sh, better; ENHU 251 sh
NAV per share: DYNF $67.32; ENHU $28.19
52W range

ETF.net Grade

Pillar letters and Scores for DYNF, ENHU, with each pillar’s weight
Pillar	DYNF	ENHU
Cost30% weight	A86	A91Higher
Mission25% weight	Not scored	Not scored
Risk15% weight	A71Higher	B69
Tradability15% weight	A99Higher	D34
Holdings10% weight	B65	A78Higher
Durability5% weight	A97Higher	D33

Rank among US Active Equity funds

How we build Categories ›

Same Category. DYNF 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 ›

DYNF ranks 4th 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 4ADYNFiShares U.S. Equity Factor Rotation Active ETFScore 83
Rank 4AFELCFidelity Enhanced Large Cap Core ETFScore 83
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

DYNFAiShares U.S. Equity Factor Rotation Active ETF

ENHUBiShares Enhanced Large Cap Core Active ETF

In short

DYNF Most factor funds make you pick a lane: value, momentum, quality. DYNF rotates across five styles instead, letting a factor model decide which one leads, and charges an index-fund-ish 0.26% to do it.

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

DYNF The Fund seeks to outperform the U.S. equity market through diversified, tactical exposure to style factors using a factor rotation model.

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

DYNF Five style factors in one ticket (value, quality, momentum, growth, low volatility), reweighted by a rotation model rather than locked to a single tilt.
0.26% is well under half the median fee in its active US equity peer group, which is unusual pricing for a strategy with a human-supervised model behind it.
A multi-billion-dollar fund and one of the more actively traded names in its category, so getting in and out rarely becomes the hard part. Pays quarterly.
Running since 2019 under one of the biggest ETF shops, and it stands among the strongest overall implementations in the active US equity group we track.

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

DYNF The yardstick isn't the S&P 500: it's a custom blend of 80% MSCI USA and 20% MSCI USA Minimum Volatility, so a low-vol tilt is baked into the benchmark itself.
Active by design. The factor mix shifts, the book runs to a couple hundred stocks, and a rotation call can leave it out of step with a plain US market index fund.
Cheap for active, not the cheapest shelf: systematic peers DFAU (0.12%), AVLC (0.15%), DFAC (0.17%) and FELC (0.18%) all undercut it on fee.

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 DYNF profile⁠

Full ENHU profile⁠

DYNF vs ENHU Holdings

How DYNF and ENHU differ

Overlap by weight

61.6%

Shared holdings make up 90.2% of DYNF and 80.5% of ENHU.

Level by level

Holdings167 in both61.6%
Countryby domicile99.1%
Asset classEquity100%

Sector

No Sector split for ENHU.

Country, concentration and asset class

Country by domicile

Country weights in DYNF and ENHU, widest gap first
Country	More in DYNFMore in ENHU	DYNF	ENHU
United States	DYNF +0.9 points	100.0%	99.1%
Switzerland	ENHU +0.5 points	0.0%	0.5%
Other countries (6)	ENHU +0.4 points	0.0%	0.4%

Concentration

Weight in the 10 largest Holdings

DYNF40.4%
ENHU35.9%

Securities held

DYNF262
ENHU350

Asset class

DYNF: Equity
ENHU: Equity

Holdings

Only in DYNF95
In both167
Only in ENHU183

Only in DYNF

95 securities, 9.8% of DYNF by weight

Allstate Corp1.14%
Duke Energy Corp1.07%
Welltower0.92%
Verizon Communications Inc0.75%
Realty Income Reit0.73%
Thermo Fisher Scientific0.66%
American International Group0.62%
Eaton PLC0.43%
Phillips 660.23%
Exelon Corp0.21%
Host Hotels & Resorts Reit0.19%
Fedex Corp0.14%
Applovin Class A0.14%
Walt Disney0.13%
Bank of New York Mellon Corp0.12%
Cboe Global Markets0.12%
Howmet Aerospace0.12%
State Street0.12%
Pepsico0.11%
Snowflake0.11%
American Electric Power Inc0.11%
Woodward0.10%
Csx0.09%
Five Below0.09%
Citizens Financial Group Inc0.08%
Caseys General Stores Inc0.08%
Crh Public Limited PLC0.08%
Workday Class A0.07%
Archer Daniels Midland0.06%
Danaher0.06%
Airbnb Class A0.06%
Cummins Inc0.05%
Sofi Technologies0.05%
Omnicom Group Inc0.05%
Halozyme Therapeutics0.05%
Tapestry0.04%
Cognizant Technology Solutions Cla0.04%
Biogen0.04%
Cloudflare Class A0.03%
Quanta Services Inc0.03%
L3HARRIS Technologies0.03%
Johnson Controls International PLC0.03%
Caci International Inc Class A0.03%
Lennar A Class A0.03%
Expedia Group0.03%
Ftai Aviation0.03%
Keysight Technologies0.03%
Monolithic Power Systems Inc0.02%
Zoom Communications Class A0.02%
Vici Pptys Inc0.02%

Only in ENHU

183 securities, 19.5% of ENHU by weight

Eog Resources0.73%
Marsh0.57%
Illinois Tool Inc0.54%
Honeywell International Inc0.50%
Stryker0.47%
3M0.46%
Veralto0.43%
Hasbro0.36%
Chubb0.32%
Ventas Reit0.32%
Ametek Inc0.30%
Natera0.29%
Borgwarner0.29%
Moderna0.28%
Kla0.28%
T Mobile Us Inc0.28%
Cintas0.27%
General Dynamics Corp0.26%
Westinghouse Air Brake Technologie0.25%
Freeport Mcmoran Inc0.24%
Huntington Bancshares Inc0.24%
Rockwell Automation Inc0.23%
Honeywell Aerospace Inc0.23%
Meritage Corp0.23%
Comcast Class A0.22%
Motorola Solutions Inc0.22%
Colgate-Palmolive0.22%
Ovintiv0.22%
Entergy Corp0.21%
Onemain Holdings0.21%
Heico Class A0.21%
Kinder Morgan0.21%
S&P Global0.21%
Applied Industrial Technologies0.21%
Dow0.21%
Lyondellbasell Industries Class A0.20%
Garmin0.19%
Cubesmart Reit0.19%
Reinsurance Group of America0.19%
Regency Centers Reit Corp0.19%
Interactive Brokers Group Inc Clas0.18%
Centene Corp0.17%
American Tower Reit0.17%
D R Horton0.16%
Kirby Corp0.15%
Ryder System0.15%
Blackstone0.15%
Smurfit Westrock PLC0.15%
Levi Strauss Class A0.14%
Exlservice Holdings0.14%

Weight gaps

The 100 widest of 167 Holdings in both funds.

Holding weights in DYNF and ENHU, widest gap first
Holding	More in DYNFMore in ENHU	DYNF	ENHU
Exxonmobil Holdings CorpXOM	DYNF +3.15 points	3.18%	0.03%
JPMorgan Chase & CoJPM	DYNF +2.25 points	3.39%	1.14%
Bank of AmericaBAC	DYNF +1.48 points	2.13%	0.65%
MicrosoftMSFT	ENHU +1.33 points	4.78%	6.11%
Johnson & JohnsonJNJ	DYNF +1.31 points	2.04%	0.73%
CitigroupC	DYNF +1.25 points	1.35%	0.10%
Cisco Systems IncCSCO	DYNF +1.22 points	1.54%	0.32%
Travelers CompaniesTRV	DYNF +1.18 points	1.60%	0.42%
SalesforceCRM	DYNF +1.12 points	1.57%	0.45%
Visa Class AV	ENHU +1.05 points	0.42%	1.47%
Costco Wholesale CorpCOST	ENHU +1.02 points	0.22%	1.24%
Caterpillar IncCAT	DYNF +0.97 points	1.31%	0.34%
ChevronCVX	DYNF +0.96 points	1.71%	0.75%
Applied Material IncAMAT	DYNF +0.92 points	1.05%	0.13%
Parker-HannifinPH	DYNF +0.90 points	1.28%	0.38%
AppleAAPL	DYNF +0.84 points	8.27%	7.43%
NVIDIANVDA	DYNF +0.83 points	7.83%	7.00%
Mastercard Class AMA	ENHU +0.84 points	0.07%	0.91%
Bristol Myers SquibbBMY	ENHU +0.83 points	0.05%	0.88%
TjxTJX	ENHU +0.72 points	0.03%	0.75%
Goldman Sachs GroupGS	DYNF +0.66 points	1.05%	0.39%
Lam ResearchLRCX	DYNF +0.63 points	1.26%	0.63%
RtxRTX	DYNF +0.62 points	1.12%	0.50%
Intercontinental Exchange IncICE	ENHU +0.52 points	0.02%	0.54%
Coca-ColaKO	ENHU +0.51 points	0.07%	0.58%
Cme Group Class ACME	DYNF +0.49 points	0.71%	0.22%
NewmontNEM	DYNF +0.47 points	0.62%	0.15%
Tesla IncTSLA	DYNF +0.44 points	1.72%	1.28%
Charles SchwabSCHW	ENHU +0.43 points	0.18%	0.61%
Texas InstrumentTXN	ENHU +0.41 points	0.12%	0.53%
Altria Group IncMO	ENHU +0.41 points	0.00%	0.41%
AbbVieABBV	ENHU +0.40 points	0.49%	0.89%
Space Exploration Technologies CorSPCX	DYNF +0.39 points	0.58%	0.19%
NetflixNFLX	DYNF +0.38 points	0.71%	0.33%
Advanced Micro DevicesAMD	DYNF +0.38 points	1.54%	1.16%
Trane Technologies PLCTT	DYNF +0.36 points	0.51%	0.15%
AT&TT	DYNF +0.36 points	0.64%	0.28%
Arista NetworksANET	ENHU +0.34 points	0.06%	0.40%
Hf SinclairDINO	ENHU +0.34 points	0.00%	0.34%
Home DepotHD	ENHU +0.33 points	0.02%	0.35%
Booking HoldingsBKNG	DYNF +0.32 points	0.38%	0.06%
Us BancorpUSB	ENHU +0.31 points	0.21%	0.52%
Devon EnergyDVN	ENHU +0.30 points	0.02%	0.32%
Berkshire Hathaway Inc Class BBRK.B	ENHU +0.29 points	1.06%	1.35%
Pnc Financial Services GroupPNC	ENHU +0.28 points	0.00%	0.28%
Amgen IncAMGN	ENHU +0.28 points	0.05%	0.33%
Nextera EnergyNEE	DYNF +0.28 points	0.51%	0.23%
Abbott LaboratoriesABT	ENHU +0.27 points	0.02%	0.29%
Amazon.com IncAMZN	DYNF +0.25 points	4.00%	3.75%
CorningGLW	DYNF +0.24 points	0.33%	0.09%
Capital One Financial CorpCOF	ENHU +0.24 points	0.12%	0.36%
Eli LillyLLY	ENHU +0.24 points	1.52%	1.76%
Hartford Insurance GroupHIG	DYNF +0.24 points	0.57%	0.33%
Cheniere EnergyLNG	ENHU +0.23 points	0.00%	0.23%
SandiskSNDK	ENHU +0.23 points	0.05%	0.28%
Medtronic PLCMDT	DYNF +0.23 points	0.33%	0.10%
Lockheed MartinLMT	ENHU +0.23 points	0.23%	0.46%
American ExpressAXP	ENHU +0.23 points	0.00%	0.23%
Valero Energy CorpVLO	DYNF +0.22 points	0.47%	0.25%
Quest Diagnostics IncDGX	ENHU +0.22 points	0.00%	0.22%
United Parcel Service Inc Class BUPS	ENHU +0.21 points	0.01%	0.22%
Ge VernovaGEV	DYNF +0.21 points	0.51%	0.30%
Edison InternationalEIX	ENHU +0.20 points	0.00%	0.20%
DeereDE	DYNF +0.19 points	0.55%	0.36%
Amphenol Corp Class AAPH	DYNF +0.19 points	0.70%	0.51%
ServicenowNOW	DYNF +0.19 points	0.35%	0.16%
Alphabet Class CGOOG	DYNF +0.19 points	1.71%	1.52%
Boston ScientificBSX	ENHU +0.19 points	0.09%	0.28%
Philip Morris InternationalPM	ENHU +0.18 points	0.30%	0.48%
Hca HealthcareHCA	ENHU +0.18 points	0.16%	0.34%
Oreilly Automotive IncORLY	ENHU +0.17 points	0.00%	0.17%
Prologis ReitPLD	DYNF +0.17 points	0.26%	0.09%
Merck & Co IncMRK	ENHU +0.17 points	0.02%	0.19%
Vertiv Holdings Class AVRT	ENHU +0.17 points	0.08%	0.25%
Elevance Health IncELV	ENHU +0.17 points	0.01%	0.18%
Cardinal HealthCAH	ENHU +0.16 points	0.06%	0.22%
Gilead SciencesGILD	DYNF +0.16 points	0.54%	0.38%
Marathon PetroleumMPC	ENHU +0.16 points	0.00%	0.16%
ProgressivePGR	DYNF +0.16 points	0.32%	0.16%
General MotorsGM	DYNF +0.15 points	0.28%	0.13%
Wells FargoWFC	ENHU +0.15 points	0.12%	0.27%
Broadcom IncAVGO	DYNF +0.14 points	2.40%	2.26%
Micron TechnologyMU	DYNF +0.14 points	1.70%	1.56%
Vertex PharmaceuticalsVRTX	ENHU +0.14 points	0.06%	0.20%
Palantir Technologies Class APLTR	DYNF +0.14 points	0.73%	0.59%
Alphabet Class AGOOGL	DYNF +0.14 points	2.07%	1.93%
QualcommQCOM	ENHU +0.13 points	0.10%	0.23%
Cvs HealthCVS	DYNF +0.13 points	0.15%	0.02%
Comfort Systems UsaFIX	ENHU +0.13 points	0.09%	0.22%
Union PacificUNP	ENHU +0.12 points	0.15%	0.27%
Mcdonalds CorpMCD	DYNF +0.12 points	0.21%	0.09%
Exelixis IncEXEL	ENHU +0.11 points	0.00%	0.11%
Regeneron PharmaceuticalsREGN	ENHU +0.11 points	0.22%	0.33%
Marvell TechnologyMRVL	ENHU +0.10 points	0.21%	0.31%
Seagate Technology Holdings PLCSTX	DYNF +0.10 points	0.21%	0.11%
Mastec IncMTZ	ENHU +0.09 points	0.04%	0.13%
Xcel Energy IncXEL	ENHU +0.09 points	<0.01%	0.09%
Intuitive SurgicalISRG	ENHU +0.09 points	0.22%	0.31%
Nrg Energy IncNRG	ENHU +0.07 points	0.00%	0.07%
Las Vegas SandsLVS	ENHU +0.07 points	0.00%	0.07%

All 262 DYNF 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.

DYNF vs ENHU Cost

Overpaying DYNF vs ENHU

$800

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

DYNF 0.26%
$5,358
ENHU 0.22%
$4,558

Amount$10,000

Years30 years

Cost over time

DYNF 0.26%
ENHU 0.22%
Overpaying

Year by year

Year	DYNF	ENHU	Overpaying
10	$473	$401	$72
20	$1,838	$1,561	$277
30	$5,358	$4,558	$800

Expense ratio

0.26%DYNF
0.22%ENHU, cheaper

ENHU0.22%DYNF0.26%

0.00%2.89%

Middle half of US Active Equity funds
Median 0.68%

ENHU 12th cheapest of 121 funds

DYNF 18th cheapest of 121 funds

DYNF vs ENHU Dividends

Last 12 months to Nov 2, 2026

Yield (12M): DYNF 0.84%; ENHU No data
Payout (12M): DYNF $0.56; ENHU No data
Last payment: DYNF $0.14; ENHU $0.07
Ex-dividend: DYNF Sep 15, 2026; ENHU Sep 15, 2026
Paid on: DYNF Sep 18, 2026; ENHU Sep 18, 2026
Frequency: DYNF Quarterly; ENHU Quarterly

Distribution history

Per share, 2019 to 2026, same scale for both

DYNFQuarterly · 30 paymentsAll DYNF payments⁠

ENHUQuarterly · 4 paymentsAll ENHU payments⁠

DYNF vs ENHU Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: DYNF 13.1%ENHU No data
Return per unit of riskSharpe ratio, 3 years: DYNF 1.55ENHU No data
Worst fallMax drawdown, 5 years: DYNF −26.9%ENHU No data
Market sensitivityBeta, 5 years: DYNF 1.02ENHU 1.00; Market = 1

DYNF 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
ETF Filings
BlackRock files two Form 497Ks for iShares DYNF
Sep 7, 2026DYNF

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