ENHI vs. BUFI

Last updated Jun 26, 2026

ENHI (iShares Enhanced International Active ETF) and BUFI (AB International Buffer ETF) are both exchange-traded funds - ENHI is a Foreign Large Cap Equities fund actively managed by iShares, while BUFI is a Defined Outcome fund actively managed by AllianceBernstein. Both are actively managed. Their correlation of 0.94 suggests significant overlap in exposure. ENHI charges 0.27%/yr vs 0.69%/yr for BUFI.

Performance

ENHI vs. BUFI - Performance Comparison

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

Returns By Period

ENHI

• 1D: 0.98%
• 1M: -0.35%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BUFI

• 1D: 0.61%
• 1M: 0.37%
• YTD: 5.59%
• 6M: 5.45%
• 1Y: 13.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ENHI vs. BUFI - Yearly Performance Comparison

	2026 (YTD)
ENHI iShares Enhanced International Active ETF	8.32%
BUFI AB International Buffer ETF	4.00%

Correlation

The correlation between ENHI and BUFI is 0.94, 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	0.94

Return for Risk

ENHI vs. BUFI — Risk / Return Rank

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

ENHI

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

BUFI

BUFI Risk / Return Rank: 55
BUFI Sharpe Ratio Rank: 51
BUFI Sortino Ratio Rank: 53
BUFI Omega Ratio Rank: 55
BUFI Calmar Ratio Rank: 54
BUFI Martin Ratio Rank: 60

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. BUFI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Enhanced International Active ETF (ENHI) and AB International Buffer ETF (BUFI). 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.

	ENHI	BUFI	Difference
Sharpe ratio: Return per unit of total volatility	—	1.56	—
Sortino ratio: Return per unit of downside risk	—	2.29	—
Omega ratio: Gain probability vs. loss probability	—	1.30	—
Calmar ratio: Return relative to maximum drawdown	—	2.35	—
Martin ratio: Return relative to average drawdown	—	9.35	—

Drawdowns

ENHI vs. BUFI - Drawdown Comparison

The maximum ENHI drawdown since its inception was -5.63%, smaller than the maximum BUFI drawdown of -7.43%. Use the drawdown chart below to compare losses from any high point for ENHI and BUFI.

Drawdown Indicators

	ENHI	BUFI	Difference
Max Drawdown Largest peak-to-trough decline	-5.63%	-7.43%	+1.80%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.69%	—
Current Drawdown Current decline from peak	-1.32%	-0.48%	-0.84%
Average Drawdown Average peak-to-trough decline	-1.43%	-0.84%	-0.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.43%	—

Volatility

Volatility by Period

	ENHI	BUFI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.41%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.35%	—
Volatility (1Y) Calculated over the trailing 1-year period	22.04%	8.62%	+13.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.04%	9.15%	+12.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.04%	9.15%	+12.89%

ENHI vs. BUFI - Expense Ratio Comparison

ENHI has a 0.27% expense ratio, which is lower than BUFI's 0.69% expense ratio.

Dividends

ENHI vs. BUFI - Dividend Comparison

ENHI's dividend yield for the trailing twelve months is around 1.20%, while BUFI has not paid dividends to shareholders.

Position	TTM
BUFI AB International Buffer ETF	0.00%
ENHI iShares Enhanced International Active ETF	1.20%

Frequently Asked Questions

Can I hold both ENHI and BUFI in my portfolio?

With a correlation of 0.94, ENHI and BUFI 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 BUFI?

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, ENHI or BUFI?

ENHI is cheaper with a 0.27% expense ratio, compared with 0.69% for BUFI.

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

ENHI has the higher dividend yield at 1.20%, compared with 0.00% for BUFI.

What is the main difference between ENHI and BUFI?

ENHI is categorized as Foreign Large Cap Equities, while BUFI is Defined Outcome. They also come from different issuers: iShares and AllianceBernstein. Their fees differ too: 0.27% for ENHI and 0.69% for BUFI.