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ENHI vs. VEA
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

ENHI vs. VEA - Performance Comparison

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

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Returns By Period


ENHI

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

VEA

1D
1.25%
1M
-0.34%
YTD
14.71%
6M
14.32%
1Y
31.05%
3Y*
19.91%
5Y*
9.74%
10Y*
11.09%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ENHI vs. VEA - Yearly Performance Comparison


Correlation

The correlation between ENHI and VEA is 0.91, 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

0.91

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Return for Risk

ENHI vs. VEA — 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.


VEA
VEA Risk / Return Rank: 6565
Overall Rank
VEA Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
VEA Sortino Ratio Rank: 6363
Sortino Ratio Rank
VEA Omega Ratio Rank: 6767
Omega Ratio Rank
VEA Calmar Ratio Rank: 6363
Calmar Ratio Rank
VEA Martin Ratio Rank: 6565
Martin Ratio Rank
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. VEA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Enhanced International Active ETF (ENHI) and Vanguard FTSE Developed Markets ETF (VEA). 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.


ENHIVEADifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.34

Calmar ratioReturn relative to maximum drawdown

2.68

Martin ratioReturn relative to average drawdown

10.30

ENHI vs. VEA - Sharpe Ratio Comparison


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Drawdowns

ENHI vs. VEA - Drawdown Comparison

The maximum ENHI drawdown since its inception was -5.63%, smaller than the maximum VEA drawdown of -60.68%. Use the drawdown chart below to compare losses from any high point for ENHI and VEA.


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Drawdown Indicators


ENHIVEADifference

Max Drawdown

Largest peak-to-trough decline

-5.63%

-60.68%

+55.05%

Max Drawdown (1Y)

Largest decline over 1 year

-11.63%

Max Drawdown (3Y)

Largest decline over 3 years

-13.45%

Max Drawdown (5Y)

Largest decline over 5 years

-29.71%

Max Drawdown (10Y)

Largest decline over 10 years

-35.73%

Current Drawdown

Current decline from peak

-1.32%

-1.70%

+0.38%

Average Drawdown

Average peak-to-trough decline

-1.43%

-13.25%

+11.82%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.02%

Volatility

ENHI vs. VEA - Volatility Comparison


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Volatility by Period


ENHIVEADifference

Volatility (1M)

Calculated over the trailing 1-month period

6.94%

Volatility (6M)

Calculated over the trailing 6-month period

14.77%

Volatility (1Y)

Calculated over the trailing 1-year period

22.04%

16.78%

+5.26%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.04%

16.77%

+5.27%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.04%

17.20%

+4.84%

ENHI vs. VEA - Expense Ratio Comparison

ENHI has a 0.27% expense ratio, which is higher than VEA'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. VEA - Dividend Comparison

ENHI's dividend yield for the trailing twelve months is around 1.20%, less than VEA's 2.55% yield.


PositionTTM20252024202320222021202020192018201720162015
ENHI
iShares Enhanced International Active ETF
1.20%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VEA
Vanguard FTSE Developed Markets ETF
2.55%3.22%3.35%3.15%2.91%3.16%2.04%3.04%3.35%2.77%3.05%2.92%

Frequently Asked Questions


With a correlation of 0.91, ENHI and VEA 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.

On fees, VEA is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

VEA is cheaper with a 0.03% expense ratio, compared with 0.27% for ENHI.

VEA has the higher dividend yield at 2.55%, compared with 1.20% for ENHI.

They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.27% for ENHI and 0.03% for VEA.

Portfolio Optimizer

Find the right allocation for ENHI and VEA

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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