ENHI vs. VEU
ENHI (iShares Enhanced International Active ETF) and VEU (Vanguard FTSE All-World ex-US ETF) are both Foreign Large Cap Equities funds. ENHI is actively managed, while VEU is passively managed. Their correlation of 0.90 suggests significant overlap in exposure. ENHI charges 0.27%/yr vs 0.04%/yr for VEU.
Performance
ENHI vs. VEU - Performance Comparison
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Returns By Period
ENHI
- 1D
- -0.44%
- 1M
- -0.37%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VEU
- 1D
- 0.93%
- 1M
- -0.49%
- YTD
- 13.93%
- 6M
- 13.65%
- 1Y
- 29.59%
- 3Y*
- 19.48%
- 5Y*
- 8.69%
- 10Y*
- 10.70%
ENHI vs. VEU - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ENHI iShares Enhanced International Active ETF | 7.27% |
VEU Vanguard FTSE All-World ex-US ETF | 8.68% |
Correlation
The correlation between ENHI and VEU is 0.90, 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 | 0.90 |
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Return for Risk
ENHI vs. VEU — Risk / Return Rank
ENHI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
VEU
ENHI vs. VEU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Enhanced International Active ETF (ENHI) and Vanguard FTSE All-World ex-US ETF (VEU). 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 | VEU | Difference | |
|---|---|---|---|
| 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 | — | 2.60 | — |
| Martin ratioReturn relative to average drawdown | — | 9.92 | — |
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Drawdowns
ENHI vs. VEU - Drawdown Comparison
The maximum ENHI drawdown since its inception was -5.63%, smaller than the maximum VEU drawdown of -61.52%. Use the drawdown chart below to compare losses from any high point for ENHI and VEU.
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Drawdown Indicators
| ENHI | VEU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.63% | -61.52% | +55.89% |
Max Drawdown (1Y)Largest decline over 1 year | — | -11.43% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -13.69% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.14% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.98% | — |
Current DrawdownCurrent decline from peak | -2.28% | -2.28% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -1.43% | -13.10% | +11.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.99% | — |
Volatility
ENHI vs. VEU - Volatility Comparison
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Volatility by Period
| ENHI | VEU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.87% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 14.48% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 22.14% | 16.39% | +5.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.14% | 16.30% | +5.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.14% | 17.08% | +5.06% |
ENHI vs. VEU - Expense Ratio Comparison
ENHI has a 0.27% expense ratio, which is higher than VEU's 0.04% 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. VEU - Dividend Comparison
ENHI's dividend yield for the trailing twelve months is around 1.21%, less than VEU's 2.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENHI iShares Enhanced International Active ETF | 1.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VEU Vanguard FTSE All-World ex-US ETF | 2.54% | 3.09% | 3.24% | 3.32% | 3.12% | 3.08% | 2.00% | 3.10% | 3.27% | 2.66% | 2.96% | 2.95% |
Frequently Asked Questions
ENHI and VEU have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VEU is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VEU is cheaper with a 0.04% expense ratio, compared with 0.27% for ENHI.
VEU has the higher dividend yield at 2.54%, compared with 1.21% for ENHI.
They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.27% for ENHI and 0.04% for VEU.
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