ENHI vs. IBIT
ENHI (iShares Enhanced International Active ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - ENHI is a Foreign Large Cap Equities fund actively managed by iShares, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. ENHI is actively managed, while IBIT is passively managed. A 0.50 correlation means they provide meaningful diversification when combined. ENHI charges 0.27%/yr vs 0.25%/yr for IBIT.
Performance
ENHI vs. IBIT - Performance Comparison
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Returns By Period
ENHI
- 1D
- 0.06%
- 1M
- 1.95%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBIT
- 1D
- 2.47%
- 1M
- -15.04%
- YTD
- -26.49%
- 6M
- -27.13%
- 1Y
- -37.79%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ENHI vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ENHI iShares Enhanced International Active ETF | 9.76% |
IBIT iShares Bitcoin Trust ETF | -8.91% |
Correlation
The correlation between ENHI and IBIT is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Mar 12, 2026 | 0.50 |
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Return for Risk
ENHI vs. IBIT — Risk / Return Rank
ENHI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IBIT
ENHI vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Enhanced International Active ETF (ENHI) and iShares Bitcoin Trust ETF (IBIT). 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 | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.87 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.73 | — |
| Martin ratioReturn relative to average drawdown | — | -1.24 | — |
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Drawdowns
ENHI vs. IBIT - Drawdown Comparison
The maximum ENHI drawdown since its inception was -5.63%, smaller than the maximum IBIT drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for ENHI and IBIT.
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Drawdown Indicators
| ENHI | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.63% | -52.11% | +46.48% |
Max Drawdown (1Y)Largest decline over 1 year | — | -52.11% | — |
Current DrawdownCurrent decline from peak | 0.00% | -48.80% | +48.80% |
Average DrawdownAverage peak-to-trough decline | -1.41% | -16.79% | +15.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 30.41% | — |
Volatility
ENHI vs. IBIT - Volatility Comparison
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Volatility by Period
| ENHI | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 13.00% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 34.53% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 22.11% | 44.29% | -22.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.11% | 50.21% | -28.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.11% | 50.21% | -28.10% |
ENHI vs. IBIT - Expense Ratio Comparison
ENHI has a 0.27% expense ratio, which is higher than IBIT's 0.25% 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. IBIT - Dividend Comparison
ENHI's dividend yield for the trailing twelve months is around 1.19%, while IBIT has not paid dividends to shareholders.
| Position | TTM |
|---|---|
ENHI iShares Enhanced International Active ETF | 1.19% |
IBIT iShares Bitcoin Trust ETF | 0.00% |
Frequently Asked Questions
ENHI and IBIT have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IBIT is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IBIT is cheaper with a 0.25% expense ratio, compared with 0.27% for ENHI.
ENHI has the higher dividend yield at 1.19%, compared with 0.00% for IBIT.
ENHI is categorized as Foreign Large Cap Equities, while IBIT is Cryptocurrency. Their fees differ too: 0.27% for ENHI and 0.25% for IBIT.
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