Key Highlights

  • The fund holds 349 U.S. Large-Cap Stocks selected through systematic models.
  • Apple, Microsoft and NVIDIA are the largest positions by market value.
  • Net asset value is $28.06, after a one-day gain of $0.65, or 2.37%.
  • The expense ratio is 0.22%, and distributions are paid quarterly.

Core Equity funds hold a broad slice of the large-cap market, and the iShares Enhanced Large Cap Core Active ETF (NASDAQ:ENHU) offers a systematic version of that exposure. Figures in this article are current to November 9, 2026. The fund follows a systematic U.S. equity strategy that uses models and large data sets, with the Russell 1000 index as its benchmark. Shares trade on Nasdaq and have been listed since November 2025.

Fund Fact

Detail

Exchange and ticker

NASDAQ: ENHU

Fund inception

November 4, 2025

Net assets

$9.5 million

Net asset value

$28.06

Daily NAV change

+$0.65 (+2.37%)

Expense ratio

0.22%

30-day SEC yield

0.85%

Distribution frequency

Quarterly

Number of holdings

349

Top Holdings and Weighting

Apple accounts for about 7.6% of market value, Microsoft 6.4% and NVIDIA 6.1%. Amazon follows at 4.2%, while Broadcom, Meta Platforms and Alphabet each hold roughly 2%.

Cash and Money Market positions make up about 2.4% of the fund. The top holdings mirror the largest names in the U.S. market, so the fund's results will track large technology stocks closely.

Trading Activity

The net asset value rose $0.65 in the latest session, a gain of 2.37%. Average Daily Volume is only about 475 shares, and the 30-day median bid-ask spread of 0.07% is narrow for a fund of this size.

Shares outstanding total 340,000, and the premium to NAV was 0.02 in recent figures. Trading volume is thin, so investors placing larger orders may see prices move.

Costs, Income and Model Risk

The expense ratio is 0.22%, consisting of a management fee of the same amount. Quarterly distributions are paid, and the 30-day SEC Yield of 0.85% reflects a modest income profile.

The fund relies on systematic models, and there is no guarantee that these models will produce effective Investment decisions. The fund's short history since November 2025 limits the perspective available on its behavior across market cycles.

Final Word

The iShares Enhanced Large Cap Core Active ETF offers a systematic take on U.S. large-cap core equity, with a portfolio that closely resembles the largest companies in the market. Its low expense ratio, quarterly income and model-based construction define its profile. Investors will weigh its core equity role against the limited trading volume and short history.