ENHU vs JHML

ENHU vs JHML

Which is better, ENHU or JHML?

Nearly the same fund. ENHU costs less.

ENHU has a lower expense ratio. JHML led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.96. JHML is less concentrated, with 24.6% of the fund in its ten largest positions against 38.2%.

Lower Fees: ENHUHigher Returns: JHMLLess Concentrated: JHML

MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.

Side-by-Side Comparison

MetricENHUJHML
Expense Ratio0.22%Best0.29%
AUM$9M$1.1B
Dividend Yield0.74%0.94%
Holdings7081,555
YTD Return+12.74%+13.81%Best
1Y Return+13.49%+15.11%Best
3Y Return (annualized)-+20.44%
5Y Return (annualized)-+10.55%
Volatility (annualized)13.1%11.5%Best
Max Drawdown-9.0%-8.0%Best
$10,000 over 1 years$11,413$11,596Best
Top 10 Weight38.2%24.6%Best
Fund FamilyiShares by BlackRock (US)John Hancock Investment Management
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Blend
InceptionNov 4, 2025Sep 28, 2015

Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Nov 5, 2025 to Nov 11, 2026 (1 years).

ENHU vs JHML growth

Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1 years both funds cover.

Compare ENHU against instead:ENHU vs SPYENHU vs QQQENHU vs VOOENHU vs VTIJHML against:JHML vs VXUS

ENHU vs JHML Performance

iShares Enhanced Large Cap Core Active ETF (ENHU) is an ETF from iShares by BlackRock (US) and John Hancock Multifactor Large Cap ETF (JHML) is an ETF from John Hancock Investment Management. Over the past year ENHU returned +13.49% while JHML returned +15.11%. Year to date, ENHU is up 12.74% versus a gain of 13.81% for JHML.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

ENHU has been the more volatile fund, with annualized monthly volatility of 13.1% compared with 11.5% for JHML. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -9.0% for ENHU and -8.0% for JHML. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

ENHU charges 0.22% per year while JHML charges 0.29%. On a $10,000 position that is $22 vs $29 annually, a gap of $7 per year that compounds over a long holding period. On income, ENHU currently yields 0.74% against 0.94% for JHML.

Holdings Overlap

ENHU already in JHML96.4%
JHML already in ENHU68.5%

96.4% of ENHU's money is in holdings JHML also owns. 68.5% of JHML's money is in holdings ENHU also owns.

Most of ENHU is already inside JHML. Owning both mostly buys the same companies twice.

297 positions in common, counted across the 351 positions we hold weights for in ENHU and 774 in JHML, against full books of 708 and 1,555.

What only one of them owns

Our book lists 453 positions for JHML that do not appear in our book for ENHU (31.1% of the fund), and 43 for ENHU that do not appear in JHML (2.9%).

Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.

Top Shared Holdings

StockWeight in ENHUWeight in JHMLDifference
AAPLApple Inc7.26%4.37%2.89%
NVDANvidia Corp7.43%3.91%3.52%
MSFTMicrosoft Corp6.14%3.76%2.38%
AMZNAmazon.Com Inc3.90%2.96%0.94%
GOOGLAlphabet Inc3.07%2.52%0.55%
METAMeta Platforms Inc2.46%1.97%0.49%
AVGOBroadcom Inc2.35%1.58%0.77%
GOOGAlphabet Inc. C2.55%0.80%1.75%
MUMicron Technology, Inc.1.58%1.23%0.35%
LLYEli Lilly & Co1.47%1.13%0.34%

96.4% of ENHU is already inside JHML.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

ENHUJHML

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Frequently Asked Questions

Which is cheaper, ENHU or JHML?

ENHU has an expense ratio of 0.22% while JHML charges 0.29%. ENHU is the cheaper option, by $7 a year on a $10,000 investment.

Which performed better, ENHU or JHML?

Over the past year ENHU returned +13.49% vs +15.11% for JHML, so JHML leads on 1-year performance. Over the longest common window we track (1 years), ENHU annualized +14.13% vs +15.96% for JHML. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, ENHU or JHML?

ENHU has been the more volatile fund at 13.1% annualized versus 11.5% for JHML. Worst drawdown: ENHU -9.0% vs JHML -8.0%.

Should I hold both ENHU and JHML?

ENHU and JHML have a monthly-return correlation of 0.96, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.

What is the holdings overlap between ENHU and JHML?

96.4% of ENHU's money is in holdings JHML also owns. 68.5% of JHML's is in holdings ENHU also owns. They hold 297 positions in common, counted across the 351 positions we hold weights for in ENHU and 774 in JHML.

Which pays a higher dividend, ENHU or JHML?

ENHU yields 0.74% while JHML yields 0.94%, so JHML currently pays the higher dividend yield.

Is JHML better than ENHU?

ENHU has a lower expense ratio. JHML led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.96. JHML is less concentrated, with 24.6% of the fund in its ten largest positions against 38.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.