ENHU vs VOO
iShares Enhanced Large Cap Core Active ETF vs Vanguard S&P 500 ETF
Which is better, ENHU or VOO?
Nearly the same fund. VOO costs less.
VOO has a lower expense ratio. ENHU led over 1Y and the full window. The two have moved almost in lockstep, correlation 1.00. ENHU is less concentrated, with 38.2% of the fund in its ten largest positions against 39.1%.
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 | VOO |
|---|---|---|
| Expense Ratio | 0.22% | 0.03%Best |
| AUM | $9M | $1.0T |
| Dividend Yield | 0.74% | 1.05% |
| Holdings | 708 | 519 |
| YTD Return | +12.74%Best | +12.11% |
| 1Y Return | +13.49%Best | +12.50% |
| 3Y Return (annualized) | - | +21.54% |
| 5Y Return (annualized) | - | +11.93% |
| Volatility (annualized) | 13.1%Best | 13.3% |
| Max Drawdown | -9.0% | -8.9%Best |
| $10,000 over 1 years | $11,413Best | $11,319 |
| Top 10 Weight | 38.2%Best | 39.1% |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 4, 2025 | Sep 7, 2010 |
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 VOO 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 VOO Performance
iShares Enhanced Large Cap Core Active ETF (ENHU) is an ETF from iShares by BlackRock (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year ENHU returned +13.49% while VOO returned +12.50%. Year to date, ENHU is up 12.74% versus a gain of 12.11% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 13.3% compared with 13.1% for ENHU. 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 -8.9% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 1.00. 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 VOO charges 0.03%. On a $10,000 position that is $22 vs $3 annually, a gap of $19 per year that compounds over a long holding period. On income, ENHU currently yields 0.74% against 1.05% for VOO.
Holdings Overlap
91.8% of ENHU's money is in holdings VOO also owns. 83.9% of VOO's money is in holdings ENHU also owns.
Most of ENHU is already inside VOO. Owning both mostly buys the same companies twice.
229 positions in common, counted across the 351 positions we hold weights for in ENHU and 506 in VOO, against full books of 708 and 519.
What only one of them owns
Our book lists 273 positions for VOO that do not appear in our book for ENHU (16.1% of the fund), and 104 for ENHU that do not appear in VOO (7.4%).
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 VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.43% | 8.39% | 0.96% |
| AAPLApple Inc | 7.26% | 7.38% | 0.12% |
| MSFTMicrosoft Corp | 6.14% | 5.78% | 0.36% |
| AMZNAmazon.Com Inc | 3.90% | 3.71% | 0.19% |
| GOOGLAlphabet Inc | 3.07% | 3.07% | 0.00% |
| GOOGAlphabet Inc. C | 2.55% | 2.45% | 0.10% |
| METAMeta Platforms Inc | 2.46% | 2.43% | 0.03% |
| AVGOBroadcom Inc | 2.35% | 2.54% | 0.19% |
| MUMicron Technology, Inc. | 1.58% | 1.83% | 0.25% |
| LLYEli Lilly & Co | 1.47% | 1.41% | 0.06% |
91.8% of ENHU is already inside VOO.
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 VOO?
ENHU has an expense ratio of 0.22% while VOO charges 0.03%. VOO is the cheaper option, by $19 a year on a $10,000 investment.
Which performed better, ENHU or VOO?
Over the past year ENHU returned +13.49% vs +12.50% for VOO, so ENHU leads on 1-year performance. Over the longest common window we track (1 years), ENHU annualized +14.13% vs +13.19% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ENHU or VOO?
VOO has been the more volatile fund at 13.3% annualized versus 13.1% for ENHU. Worst drawdown: ENHU -9.0% vs VOO -8.9%.
Should I hold both ENHU and VOO?
ENHU and VOO have a monthly-return correlation of 1.00, 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 VOO?
91.8% of ENHU's money is in holdings VOO also owns. 83.9% of VOO's is in holdings ENHU also owns. They hold 229 positions in common, counted across the 351 positions we hold weights for in ENHU and 506 in VOO.
Which pays a higher dividend, ENHU or VOO?
ENHU yields 0.74% while VOO yields 1.05%, so VOO currently pays the higher dividend yield.
Is VOO better than ENHU?
VOO has a lower expense ratio. ENHU led over 1Y and the full window. The two have moved almost in lockstep, correlation 1.00. ENHU is less concentrated, with 38.2% of the fund in its ten largest positions against 39.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.