ENHI vs. SOXX

Last updated Jun 6, 2026

ENHI (iShares Enhanced International Active ETF) and SOXX (iShares Semiconductor ETF) are both exchange-traded funds - ENHI is a Foreign Large Cap Equities fund actively managed by iShares, while SOXX is a Semiconductors fund tracking the NYSE Semiconductor Index. ENHI is actively managed, while SOXX is passively managed. A 0.57 correlation means they provide meaningful diversification when combined. ENHI charges 0.27%/yr vs 0.34%/yr for SOXX.

Performance

ENHI vs. SOXX - Performance Comparison

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

Returns By Period

ENHI

• 1D: -2.41%
• 1M: -2.28%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SOXX

• 1D: -10.44%
• 1M: 6.49%
• YTD: 79.35%
• 6M: 74.82%
• 1Y: 151.62%
• 3Y*: 50.81%
• 5Y*: 31.00%
• 10Y*: 33.92%

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

ENHI vs. SOXX - Yearly Performance Comparison

	2026 (YTD)
ENHI iShares Enhanced International Active ETF	6.27%
SOXX iShares Semiconductor ETF	63.57%

Correlation

The correlation between ENHI and SOXX is 0.57, 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 13, 2026	0.57

Return for Risk

ENHI vs. SOXX — Risk / Return Rank

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

SOXX

SOXX Risk / Return Rank: 94
SOXX Sharpe Ratio Rank: 96
SOXX Sortino Ratio Rank: 91
SOXX Omega Ratio Rank: 92
SOXX Calmar Ratio Rank: 96
SOXX Martin Ratio Rank: 96

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. SOXX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Enhanced International Active ETF (ENHI) and iShares Semiconductor ETF (SOXX). 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	SOXX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	4.25	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.86	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.01	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.30	0.43	+0.87

Drawdowns

ENHI vs. SOXX - Drawdown Comparison

The maximum ENHI drawdown since its inception was -5.63%, smaller than the maximum SOXX drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for ENHI and SOXX.

Drawdown Indicators

	ENHI	SOXX	Difference
Max Drawdown Largest peak-to-trough decline	-5.63%	-70.21%	+64.58%
Max Drawdown (1Y) Largest decline over 1 year	—	-15.77%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-41.36%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-45.75%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-45.75%	—
Current Drawdown Current decline from peak	-2.47%	-12.33%	+9.86%
Average Drawdown Average peak-to-trough decline	-1.54%	-19.97%	+18.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.19%	—

Volatility

Volatility by Period

	ENHI	SOXX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	17.99%	—
Volatility (6M) Calculated over the trailing 6-month period	—	29.75%	—
Volatility (1Y) Calculated over the trailing 1-year period	23.05%	35.87%	-12.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.05%	36.40%	-13.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.05%	33.60%	-10.55%

ENHI vs. SOXX - Expense Ratio Comparison

ENHI has a 0.27% expense ratio, which is lower than SOXX's 0.34% expense ratio.

Dividends

ENHI vs. SOXX - Dividend Comparison

ENHI has not paid dividends to shareholders, while SOXX's dividend yield for the trailing twelve months is around 0.31%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ENHI iShares Enhanced International Active ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SOXX iShares Semiconductor ETF	0.31%	0.57%	0.67%	0.78%	1.26%	0.64%	0.81%	1.23%	1.37%	0.90%	1.08%	1.29%

Frequently Asked Questions

Can I hold both ENHI and SOXX in my portfolio?

ENHI and SOXX have a correlation of 0.57, 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 SOXX?

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 SOXX?

ENHI is cheaper with a 0.27% expense ratio, compared with 0.34% for SOXX.

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

SOXX has the higher dividend yield at 0.31%, compared with 0.00% for ENHI.

What is the main difference between ENHI and SOXX?

ENHI is categorized as Foreign Large Cap Equities, while SOXX is Semiconductors. Their fees differ too: 0.27% for ENHI and 0.34% for SOXX.