ENHI vs. BKIE

Last updated Jun 5, 2026

ENHI (iShares Enhanced International Active ETF) and BKIE (BNY Mellon International Equity ETF) are both Foreign Large Cap Equities funds. ENHI is actively managed, while BKIE is passively managed. Their correlation of 0.91 suggests significant overlap in exposure. ENHI charges 0.27%/yr vs 0.04%/yr for BKIE.

Performance

ENHI vs. BKIE - Performance Comparison

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

Returns By Period

ENHI

• 1D: 0.58%
• 1M: 2.83%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BKIE

• 1D: 0.78%
• 1M: 2.61%
• YTD: 9.30%
• 6M: 11.55%
• 1Y: 23.04%
• 3Y*: 17.90%
• 5Y*: 9.22%
• 10Y*: —

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

ENHI vs. BKIE - Yearly Performance Comparison

	2026 (YTD)
ENHI iShares Enhanced International Active ETF	8.90%
BKIE BNY Mellon International Equity ETF	7.68%

Correlation

The correlation between ENHI and BKIE is 0.91, 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 13, 2026	0.91

Return for Risk

ENHI vs. BKIE — Risk / Return Rank

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

BKIE

BKIE Risk / Return Rank: 45
BKIE Sharpe Ratio Rank: 46
BKIE Sortino Ratio Rank: 46
BKIE Omega Ratio Rank: 45
BKIE Calmar Ratio Rank: 41
BKIE Martin Ratio Rank: 48

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.

ENHI vs. BKIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Enhanced International Active ETF (ENHI) and BNY Mellon International Equity ETF (BKIE). 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.

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

Sharpe Ratios by Period

	ENHI	BKIE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.59	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.57	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.00	0.92	+1.07

Drawdowns

ENHI vs. BKIE - Drawdown Comparison

The maximum ENHI drawdown since its inception was -5.63%, smaller than the maximum BKIE drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for ENHI and BKIE.

Drawdown Indicators

	ENHI	BKIE	Difference
Max Drawdown Largest peak-to-trough decline	-5.63%	-28.19%	+22.56%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.41%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-13.19%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.19%	—
Current Drawdown Current decline from peak	-0.06%	-0.56%	+0.50%
Average Drawdown Average peak-to-trough decline	-1.52%	-4.98%	+3.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.95%	—

Volatility

Volatility by Period

	ENHI	BKIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.31%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.19%	—
Volatility (1Y) Calculated over the trailing 1-year period	22.63%	14.58%	+8.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.63%	16.12%	+6.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.63%	16.33%	+6.30%

ENHI vs. BKIE - Expense Ratio Comparison

ENHI has a 0.27% expense ratio, which is higher than BKIE's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

ENHI vs. BKIE - Dividend Comparison

ENHI has not paid dividends to shareholders, while BKIE's dividend yield for the trailing twelve months is around 3.24%.

Position	TTM	2025	2024	2023	2022	2021	2020
BKIE BNY Mellon International Equity ETF	3.24%	3.12%	3.31%	2.88%	2.97%	2.58%	1.49%
ENHI iShares Enhanced International Active ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ENHI and BKIE in my portfolio?

With a correlation of 0.91, ENHI and BKIE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, ENHI or BKIE?

On fees, BKIE is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ENHI or BKIE?

BKIE is cheaper with a 0.04% expense ratio, compared with 0.27% for ENHI.

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

BKIE has the higher dividend yield at 3.24%, compared with 0.00% for ENHI.

What is the main difference between ENHI and BKIE?

They also come from different issuers: iShares and BNY Mellon. Their fees differ too: 0.27% for ENHI and 0.04% for BKIE.