ENHI vs. FID

Last updated Jun 5, 2026

ENHI (iShares Enhanced International Active ETF) and FID (First Trust S&P International Dividend Aristocrats ETF) are both Foreign Large Cap Equities funds. ENHI is actively managed, while FID is passively managed. Their correlation of 0.86 suggests significant overlap in exposure. ENHI charges 0.27%/yr vs 0.60%/yr for FID.

Performance

ENHI vs. FID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Enhanced International Active ETF (ENHI) and First Trust S&P International Dividend Aristocrats ETF (FID). 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*: —

FID

• 1D: 0.47%
• 1M: 2.45%
• YTD: 9.08%
• 6M: 11.36%
• 1Y: 22.92%
• 3Y*: 17.77%
• 5Y*: 7.84%
• 10Y*: —

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

ENHI vs. FID - Yearly Performance Comparison

	2026 (YTD)
ENHI iShares Enhanced International Active ETF	8.90%
FID First Trust S&P International Dividend Aristocrats ETF	7.40%

Correlation

The correlation between ENHI and FID is 0.86, 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	0.86

Return for Risk

ENHI vs. FID — Risk / Return Rank

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

FID

FID Risk / Return Rank: 63
FID Sharpe Ratio Rank: 71
FID Sortino Ratio Rank: 72
FID Omega Ratio Rank: 69
FID Calmar Ratio Rank: 53
FID Martin Ratio Rank: 53

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. FID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Enhanced International Active ETF (ENHI) and First Trust S&P International Dividend Aristocrats ETF (FID). 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	FID	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.27	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.46	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.00	0.40	+1.60

Drawdowns

ENHI vs. FID - Drawdown Comparison

The maximum ENHI drawdown since its inception was -5.63%, smaller than the maximum FID drawdown of -39.79%. Use the drawdown chart below to compare losses from any high point for ENHI and FID.

Drawdown Indicators

	ENHI	FID	Difference
Max Drawdown Largest peak-to-trough decline	-5.63%	-39.79%	+34.16%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.93%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-10.97%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.13%	—
Current Drawdown Current decline from peak	-0.06%	-0.64%	+0.58%
Average Drawdown Average peak-to-trough decline	-1.52%	-8.47%	+6.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.55%	—

Volatility

Volatility by Period

	ENHI	FID	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.98%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.13%	—
Volatility (1Y) Calculated over the trailing 1-year period	22.63%	10.16%	+12.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.63%	17.04%	+5.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.63%	18.95%	+3.68%

ENHI vs. FID - Expense Ratio Comparison

ENHI has a 0.27% expense ratio, which is lower than FID's 0.60% expense ratio.

Dividends

ENHI vs. FID - Dividend Comparison

ENHI has not paid dividends to shareholders, while FID's dividend yield for the trailing twelve months is around 4.00%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
ENHI iShares Enhanced International Active ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FID First Trust S&P International Dividend Aristocrats ETF	4.00%	4.30%	4.31%	4.19%	4.22%	3.76%	3.91%	3.70%	1.74%

Frequently Asked Questions

Can I hold both ENHI and FID in my portfolio?

ENHI and FID have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ENHI or FID?

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 FID?

ENHI is cheaper with a 0.27% expense ratio, compared with 0.60% for FID.

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

FID has the higher dividend yield at 4.00%, compared with 0.00% for ENHI.

What is the main difference between ENHI and FID?

They also come from different issuers: iShares and First Trust. Their fees differ too: 0.27% for ENHI and 0.60% for FID.