BIDD vs. ENHI

Last updated Jul 18, 2026

BIDD (iShares International Dividend Active ETF) and ENHI (iShares Enhanced International Active ETF) are both Foreign Large Cap Equities funds from iShares. Both are actively managed. Their correlation of 0.88 suggests significant overlap in exposure. BIDD charges 0.59%/yr vs 0.27%/yr for ENHI.

Performance

BIDD vs. ENHI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares International Dividend Active ETF (BIDD) and iShares Enhanced International Active ETF (ENHI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BIDD

• 1D: -0.74%
• 1M: -3.09%
• 6M: 4.01%
• YTD: 8.05%
• 1Y: 17.18%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ENHI

• 1D: -0.73%
• 1M: -0.40%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BIDD vs. ENHI - Yearly Performance Comparison

	2026 (YTD)
BIDD iShares International Dividend Active ETF	5.63%
ENHI iShares Enhanced International Active ETF	8.58%

Correlation

The correlation between BIDD and ENHI is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 12, 2026	0.88

Return for Risk

BIDD vs. ENHI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BIDD

BIDD Risk / Return Rank: 37
BIDD Sharpe Ratio Rank: 36
BIDD Sortino Ratio Rank: 36
BIDD Omega Ratio Rank: 35
BIDD Calmar Ratio Rank: 35
BIDD Martin Ratio Rank: 41

ENHI

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BIDD vs. ENHI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares International Dividend Active ETF (BIDD) and iShares Enhanced International Active ETF (ENHI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BIDD	ENHI	Difference
Sharpe ratio: Return per unit of total volatility	1.03	—	—
Sortino ratio: Return per unit of downside risk	1.52	—	—
Omega ratio: Gain probability vs. loss probability	1.19	—	—
Calmar ratio: Return relative to maximum drawdown	1.40	—	—
Martin ratio: Return relative to average drawdown	5.04	—	—

Drawdowns

BIDD vs. ENHI - Drawdown Comparison

The maximum BIDD drawdown since its inception was -15.08%, which is greater than ENHI's maximum drawdown of -5.63%. Use the drawdown chart below to compare losses from any high point for BIDD and ENHI.

Drawdown Indicators

	BIDD	ENHI	Difference
Max Drawdown Largest peak-to-trough decline	-15.08%	-5.63%	-9.45%
Max Drawdown (1Y) Largest decline over 1 year	-12.32%	—	—
Current Drawdown Current decline from peak	-4.48%	-1.99%	-2.49%
Average Drawdown Average peak-to-trough decline	-2.27%	-1.38%	-0.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.41%	—	—

Volatility

Volatility by Period

	BIDD	ENHI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.63%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.69%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.73%	20.86%	-4.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.34%	20.86%	-3.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.34%	20.86%	-3.52%

BIDD vs. ENHI - Expense Ratio Comparison

BIDD has a 0.59% expense ratio, which is higher than ENHI's 0.27% expense ratio.

Dividends

BIDD vs. ENHI - Dividend Comparison

BIDD's dividend yield for the trailing twelve months is around 7.89%, more than ENHI's 1.20% yield.

Position	TTM	2025	2024
BIDD iShares International Dividend Active ETF	7.89%	2.74%	0.13%
ENHI iShares Enhanced International Active ETF	1.20%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BIDD and ENHI in my portfolio?

BIDD and ENHI have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BIDD or ENHI?

On fees, ENHI is cheaper at 0.27% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BIDD or ENHI?

ENHI is cheaper with a 0.27% expense ratio, compared with 0.59% for BIDD.

Which ETF pays a higher dividend yield, BIDD or ENHI?

BIDD has the higher dividend yield at 7.89%, compared with 1.20% for ENHI.

What is the main difference between BIDD and ENHI?

Their fees differ too: 0.59% for BIDD and 0.27% for ENHI.