ENHU vs JQUA
iShares Enhanced Large Cap Core Active ETF vs JPMorgan US Quality Factor ETF
Which is better, ENHU or JQUA?
JQUA has been ahead.
JQUA has a lower expense ratio. JQUA led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.91. JQUA is less concentrated, with 19.6% of the fund in its ten largest positions against 38.2%.
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
| Metric | ENHU | JQUA |
|---|---|---|
| Expense Ratio | 0.22% | 0.12%Best |
| AUM | $9M | $9.5B |
| Dividend Yield | 0.74% | 1.05% |
| Holdings | 708 | 622 |
| YTD Return | +12.74% | +21.73%Best |
| 1Y Return | +13.49% | +22.77%Best |
| 3Y Return (annualized) | - | +21.36% |
| 5Y Return (annualized) | - | +13.01% |
| Volatility (annualized) | 13.1% | 11.9%Best |
| Max Drawdown | -9.0% | -7.1%Best |
| $10,000 over 1 years | $11,413 | $12,345Best |
| Top 10 Weight | 38.2% | 19.6%Best |
| Fund Family | iShares by BlackRock (US) | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 4, 2025 | Nov 8, 2017 |
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 JQUA 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.
ENHU vs JQUA Performance
iShares Enhanced Large Cap Core Active ETF (ENHU) is an ETF from iShares by BlackRock (US) and JPMorgan US Quality Factor ETF (JQUA) is an ETF from J.P. Morgan Asset Management. Over the past year ENHU returned +13.49% while JQUA returned +22.77%. Year to date, ENHU is up 12.74% versus a gain of 21.73% for JQUA.
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 11.9% for JQUA. 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 -7.1% for JQUA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. 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 JQUA charges 0.12%. On a $10,000 position that is $22 vs $12 annually, a gap of $10 per year that compounds over a long holding period. On income, ENHU currently yields 0.74% against 1.05% for JQUA.
Holdings Overlap
59.5% of ENHU's money is in holdings JQUA also owns. 65.2% of JQUA's money is in holdings ENHU also owns.
The two portfolios partly overlap.
119 positions in common, counted across the 351 positions we hold weights for in ENHU and 302 in JQUA, against full books of 708 and 622.
What only one of them owns
Our book lists 172 positions for JQUA that do not appear in our book for ENHU (32.8% of the fund), and 213 for ENHU that do not appear in JQUA (39.6%).
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
| Stock | Weight in ENHU | Weight in JQUA | Difference |
|---|---|---|---|
| AAPLApple Inc | 7.26% | 2.12% | 5.14% |
| NVDANvidia Corp | 7.43% | 1.90% | 5.53% |
| MSFTMicrosoft Corp | 6.14% | 2.12% | 4.02% |
| GOOGLAlphabet Inc | 3.07% | 1.83% | 1.24% |
| METAMeta Platforms Inc | 2.46% | 2.12% | 0.34% |
| AVGOBroadcom Inc | 2.35% | 1.92% | 0.43% |
| AMDAdvanced Micro Devices Inc | 1.29% | 2.08% | 0.79% |
| MUMicron Technology, Inc. | 1.58% | 1.78% | 0.20% |
| VVisa Inc Class A | 1.36% | 1.82% | 0.46% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 1.28% | 1.68% | 0.40% |
65.2% of JQUA is already inside ENHU.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ENHU or JQUA?
ENHU has an expense ratio of 0.22% while JQUA charges 0.12%. JQUA is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, ENHU or JQUA?
Over the past year ENHU returned +13.49% vs +22.77% for JQUA, so JQUA leads on 1-year performance. Over the longest common window we track (1 years), ENHU annualized +14.13% vs +23.45% for JQUA. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ENHU or JQUA?
ENHU has been the more volatile fund at 13.1% annualized versus 11.9% for JQUA. Worst drawdown: ENHU -9.0% vs JQUA -7.1%.
Should I hold both ENHU and JQUA?
ENHU and JQUA have a monthly-return correlation of 0.91, 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 JQUA?
65.2% of JQUA's money is in holdings ENHU also owns. 65.2% of JQUA's is in holdings ENHU also owns. They hold 119 positions in common, counted across the 351 positions we hold weights for in ENHU and 302 in JQUA.
Which pays a higher dividend, ENHU or JQUA?
ENHU yields 0.74% while JQUA yields 1.05%, so JQUA currently pays the higher dividend yield.
Is JQUA better than ENHU?
JQUA has a lower expense ratio. JQUA led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.91. JQUA is less concentrated, with 19.6% 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.