ENHU vs QQQ
iShares Enhanced Large Cap Core Active ETF vs Invesco QQQ Trust, Series 1
Which is better, ENHU or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y. ENHU is less concentrated, with 37.0% of the fund in its ten largest positions against 46.5%.
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 | QQQ |
|---|---|---|
| Expense Ratio | 0.22% | 0.18%Best |
| AUM | $11M | $483.5B |
| Dividend Yield | 0.48% | 0.44% |
| Holdings | 355 | 107 |
| YTD Return | +14.64% | +21.71%Best |
| 1Y Return | +16.30% | +25.89%Best |
| 3Y Return (annualized) | - | +28.80% |
| 5Y Return (annualized) | - | +15.67% |
| Top 10 Weight | 37.0%Best | 46.5% |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Nov 4, 2025 | Mar 10, 1999 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
ENHU vs QQQ 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
ENHU vs QQQ Performance
iShares Enhanced Large Cap Core Active ETF (ENHU) is an ETF from iShares by BlackRock (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year ENHU returned +16.30% while QQQ returned +25.89%. Year to date, ENHU is up 14.64% versus a gain of 21.71% for QQQ.
Past performance does not guarantee future results.
Fees and Cost Over Time
ENHU charges 0.22% per year while QQQ charges 0.18%. On a $10,000 position that is $22 vs $18 annually, a gap of $4 per year that compounds over a long holding period. On income, ENHU currently yields 0.48% against 0.44% for QQQ.
Holdings Overlap
51.3% of ENHU's money is in holdings QQQ also owns. 86.5% of QQQ's money is in holdings ENHU also owns.
Most of QQQ is already inside ENHU. Owning both mostly buys the same companies twice.
63 positions in common, counted across the 350 positions we hold weights for in ENHU and 102 in QQQ, against full books of 355 and 107.
What only one of them owns
Our book lists 33 positions for QQQ that do not appear in our book for ENHU (11.1% of the fund), and 268 for ENHU that do not appear in QQQ (48.0%).
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 QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.43% | 8.44% | 1.01% |
| AAPLApple, Inc | 6.72% | 7.27% | 0.55% |
| MSFTMicrosoft Corp | 5.85% | 5.76% | 0.09% |
| AMZNAmazon.Com Inc | 3.99% | 4.67% | 0.68% |
| GOOGLAlphabet Inc,class A | 3.00% | 3.36% | 0.36% |
| MUMicron Technology, Inc. | 1.67% | 4.43% | 2.76% |
| AVGOBroadcom Inc | 2.52% | 3.16% | 0.64% |
| GOOGAlphabet Inc | 2.50% | 3.13% | 0.63% |
| METAMeta Platforms Inc | 1.91% | 2.78% | 0.87% |
| AMDAdvanced Micro Devices Inc | 1.07% | 3.45% | 2.38% |
86.5% of QQQ 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 QQQ?
ENHU has an expense ratio of 0.22% while QQQ charges 0.18%. QQQ is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, ENHU or QQQ?
Over the past year ENHU returned +16.30% vs +25.89% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
What is the holdings overlap between ENHU and QQQ?
86.5% of QQQ's money is in holdings ENHU also owns. 86.5% of QQQ's is in holdings ENHU also owns. They hold 63 positions in common, counted across the 350 positions we hold weights for in ENHU and 102 in QQQ.
Which pays a higher dividend, ENHU or QQQ?
ENHU yields 0.48% while QQQ yields 0.44%, so ENHU currently pays the higher dividend yield.
Is QQQ better than ENHU?
QQQ has a lower expense ratio. QQQ led over 1Y. ENHU is less concentrated, with 37.0% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.