ENHI vs. IVV
ENHI (iShares Enhanced International Active ETF) and IVV (iShares Core S&P 500 ETF) are both exchange-traded funds - ENHI is a Foreign Large Cap Equities fund actively managed by iShares, while IVV is a S&P 500 fund tracking the S&P 500 Index. ENHI is actively managed, while IVV is passively managed. A 0.77 correlation means they provide meaningful diversification when combined. ENHI charges 0.27%/yr vs 0.03%/yr for IVV.
Performance
ENHI vs. IVV - Performance Comparison
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Returns By Period
ENHI
- 1D
- 0.06%
- 1M
- 1.95%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IVV
- 1D
- -0.31%
- 1M
- 0.09%
- YTD
- 9.76%
- 6M
- 9.30%
- 1Y
- 26.83%
- 3Y*
- 21.37%
- 5Y*
- 13.58%
- 10Y*
- 15.75%
ENHI vs. IVV - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ENHI iShares Enhanced International Active ETF | 9.76% |
IVV iShares Core S&P 500 ETF | 10.66% |
Correlation
The correlation between ENHI and IVV is 0.77, 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 | 0.77 |
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Return for Risk
ENHI vs. IVV — Risk / Return Rank
ENHI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IVV
ENHI vs. IVV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Enhanced International Active ETF (ENHI) and iShares Core S&P 500 ETF (IVV). 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 | IVV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.39 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.03 | — |
| Martin ratioReturn relative to average drawdown | — | 13.61 | — |
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Drawdowns
ENHI vs. IVV - Drawdown Comparison
The maximum ENHI drawdown since its inception was -5.63%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for ENHI and IVV.
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Drawdown Indicators
| ENHI | IVV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.63% | -55.25% | +49.62% |
Max Drawdown (1Y)Largest decline over 1 year | — | -8.89% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.75% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.53% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.90% | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.74% | +1.74% |
Average DrawdownAverage peak-to-trough decline | -1.41% | -10.76% | +9.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.98% | — |
Volatility
ENHI vs. IVV - Volatility Comparison
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Volatility by Period
| ENHI | IVV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.67% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 9.75% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 22.11% | 12.41% | +9.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.11% | 16.97% | +5.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.11% | 18.10% | +4.01% |
ENHI vs. IVV - Expense Ratio Comparison
ENHI has a 0.27% expense ratio, which is higher than IVV's 0.03% 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. IVV - Dividend Comparison
ENHI's dividend yield for the trailing twelve months is around 1.19%, more than IVV's 1.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENHI iShares Enhanced International Active ETF | 1.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IVV iShares Core S&P 500 ETF | 1.09% | 1.17% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.85% | 2.21% | 1.75% | 2.01% | 2.27% |
Frequently Asked Questions
ENHI and IVV have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IVV is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IVV is cheaper with a 0.03% expense ratio, compared with 0.27% for ENHI.
ENHI has the higher dividend yield at 1.19%, compared with 1.09% for IVV.
ENHI is categorized as Foreign Large Cap Equities, while IVV is S&P 500. Their fees differ too: 0.27% for ENHI and 0.03% for IVV.
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