ENHU vs. DFND

Last updated Jun 4, 2026

ENHU (iShares Enhanced Large Cap Core Active ETF) and DFND (Siren DIVCON Dividend Defender ETF) are both Large Cap Blend Equities funds. ENHU is actively managed, while DFND is passively managed. At a correlation of -0.02, they often move in opposite directions. ENHU charges 0.22%/yr vs 1.50%/yr for DFND.

Performance

ENHU vs. DFND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Enhanced Large Cap Core Active ETF (ENHU) and Siren DIVCON Dividend Defender ETF (DFND). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ENHU

• 1D: -0.62%
• 1M: 4.83%
• YTD: 10.96%
• 6M: 11.23%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DFND

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: -1.09%
• 1Y: 0.20%
• 3Y*: 7.91%
• 5Y*: 4.54%
• 10Y*: 7.16%

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

ENHU vs. DFND - Yearly Performance Comparison

	2026 (YTD)	2025
ENHU iShares Enhanced Large Cap Core Active ETF	10.96%	1.32%
DFND Siren DIVCON Dividend Defender ETF	0.00%	-2.00%

Correlation

The correlation between ENHU and DFND is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 6, 2025	-0.02

Return for Risk

ENHU vs. DFND — Risk / Return Rank

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

DFND

DFND Risk / Return Rank: 9
DFND Sharpe Ratio Rank: 9
DFND Sortino Ratio Rank: 8
DFND Omega Ratio Rank: 8
DFND Calmar Ratio Rank: 9
DFND Martin Ratio Rank: 9

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.

ENHU vs. DFND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Enhanced Large Cap Core Active ETF (ENHU) and Siren DIVCON Dividend Defender ETF (DFND). 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

	ENHU	DFND	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.02	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.21	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.38	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.74	0.36	+1.38

Drawdowns

ENHU vs. DFND - Drawdown Comparison

The maximum ENHU drawdown since its inception was -8.98%, smaller than the maximum DFND drawdown of -22.65%. Use the drawdown chart below to compare losses from any high point for ENHU and DFND.

Drawdown Indicators

	ENHU	DFND	Difference
Max Drawdown Largest peak-to-trough decline	-8.98%	-22.65%	+13.67%
Max Drawdown (1Y) Largest decline over 1 year	—	-3.44%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-12.56%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.65%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-22.65%	—
Current Drawdown Current decline from peak	-0.62%	-3.69%	+3.07%
Average Drawdown Average peak-to-trough decline	-1.49%	-5.70%	+4.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.70%	—

Volatility

Volatility by Period

	ENHU	DFND	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.16%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.21%	10.92%	+2.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.21%	22.46%	-9.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.21%	19.09%	-5.88%

ENHU vs. DFND - Expense Ratio Comparison

ENHU has a 0.22% expense ratio, which is lower than DFND's 1.50% expense ratio.

Dividends

ENHU vs. DFND - Dividend Comparison

ENHU's dividend yield for the trailing twelve months is around 0.34%, less than DFND's 0.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DFND Siren DIVCON Dividend Defender ETF	0.62%	1.10%	1.64%	1.84%	0.29%	0.00%	0.00%	0.77%	0.53%	0.02%
ENHU iShares Enhanced Large Cap Core Active ETF	0.34%	0.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ENHU and DFND in my portfolio?

ENHU and DFND have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ENHU or DFND?

On fees, ENHU is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ENHU or DFND?

ENHU is cheaper with a 0.22% expense ratio, compared with 1.50% for DFND.

Which ETF pays a higher dividend yield, ENHU or DFND?

DFND has the higher dividend yield at 0.62%, compared with 0.34% for ENHU.

What is the main difference between ENHU and DFND?

They also come from different issuers: iShares and SRN Advisors. Their fees differ too: 0.22% for ENHU and 1.50% for DFND.