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REFAvsENHIETF Comparison

ETF 1

REFA

Columbia Research Enhanced International Equity ETF

This fund is part of

DM Large & Mid Cap

+1.16%

Full REFA fund page

VS

ETF 2

ENHI

iShares Enhanced International Active ETF

This fund is part of

Uncategorized Equities

+1.75%

Full ENHI fund page

Columbia Research Enhanced International Equity ETF (REFA) belongs to the DM Large & Mid Cap segment. iShares Enhanced International Active ETF (ENHI) is part of the Uncategorized Equities segment. REFA's top 3 sector exposures are Industrials, Financials and Health Care. In contrast, ENHI's top sector exposures are Financials, Industrials and Information Technology. REFA is more expensive with a Total Expense Ratio (TER) of 0.32%, versus 0.27% for ENHI. Run a side-by-side ETF comparison of REFA and ENHI below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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REFA vs ENHI performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 06/12/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	REFA ENHI	+2.40%+1.74%	+5.89%+9.24%	+9.22%n/a	n/an/a	n/an/a	n/an/a
Flows	REFA ENHI	--	+$3K+$11M	+$3K-	--	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	REFA ENHI	+17.79%+21.71%	n/an/a	n/an/a	n/an/a
Max drawdown	REFA ENHI	-4.13%-4.79%	n/an/a	n/an/a	n/an/a
Max drawdown duration	REFA ENHI	53d14d	n/an/a	n/an/a	n/an/a

Trading data

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	REFA	ENHI
Last sale 6/12/2026 at 1:30 PM		$26.75
Previous close 06/12/2026		$26.67
Consolidated volume 06/12/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of May 29, 2026

1-year trailing difference

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ENHI

is actively managed and doesn’t replicate an index

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	REFA	ENHI
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 6/12/2026 at 1:30 PM

Live

Closed

	REFA	ENHI
Last price	–	$26.75
1D performance	–	+0.30%
AuM	$5.60 M	$11.76 M
E/R	0.32%	0.27%

Characteristics

	REFA	ENHI
Management strategy	Passive	Active
Provider	Columbia Threadneedle Investments	iShares
Benchmark	Beta Advantage Research Enhanced International Equity Index	-
N° of holdings	180	585
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	December 11, 2025	March 12, 2026
ESG	No	No

More REFA data on Trackinsight

More ENHI data on Trackinsight

Exposure

Countries

REFA

Japan

23.15%

United Kingdom

15.37%

Germany

8.78%

France

8.72%

Australia

8.2%

Other

35.78%

ENHI

Japan

22.26%

United Kingdom

14.76%

France

9%

Switzerland

8.75%

Germany

8.52%

Other

36.71%

Sectors

REFA

Industrials

22.46%

Financials

18.23%

Health Care

9.98%

Materials

8.63%

Other

40.7%

ENHI

Financials

22.65%

Industrials

19.37%

Information Techn.

9.92%

Consumer Discreti.

7.3%

Other

40.76%

Diversification

REFA

Total weight of top 15 holdings out of 15

32.32%

ENHI

Total weight of top 15 holdings out of 15

18.13%

Top 15 holdings

Data as of April 30, 2026

REFA

ASML HOLDING

5.28%

BHP GROUP LTD

3.45%

NOVARTIS

3.24%

HITACHI

2.48%

SHELL PLC

2.14%

ASTRAZENECA

2.06%

SIEMENS ENERGY AG

2.05%

SONY GROUP CORPORATION

2.03%

MITSUBISHI

1.67%

DEUTSCHE TELEKOM AG

1.48%

SAFRAN

1.41%

BNP PARIBAS

1.31%

RECRUIT HLDGS CO LTD

1.27%

TOKIO MARINE HOLDINGS

1.25%

BRITISH AMERICAN TOBACCO

1.20%

ENHI

ASML HOLDING

2.66%

HSBC HOLDINGS

1.46%

ASTRAZENECA

1.38%

SHELL PLC

1.36%

NOVARTIS

1.30%

CH1499059983

1.30%

SIEMENS

1.21%

NESTLE SA

1.13%

MITSUBISHI UFJ FINANCIAL GROUP

1.05%

BANCO SANTANDER SA

0.95%

COMMONWEALTH BANK OF AUSTRALIA

0.94%

TOTALENERGIES SE

0.88%

BHP GROUP LTD

0.85%

SAP SE

0.84%

SCHNEIDER ELECTRIC SE

0.82%

Frequently asked questions about REFA and ENHI

REFAvsENHIETF Comparison

Columbia Research Enhanced International Equity ETF

iShares Enhanced International Active ETF

REFA vs ENHI performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

Which ETF is bigger: REFA or ENHI?

As of June 12, 2026, REFA holds $5.60 M in assets under management (AUM), while ENHI manages $11.76 M.

What sectors do the REFA and ENHI ETFs invest in?

REFA leans toward sectors like Industrials, Financials and Health Care. Meanwhile, ENHI focuses on Financials, Industrials and Information Technology.

What are the top holdings of the REFA ETF and ENHI ETF?

REFA top holdings include ASML HOLDING, BHP GROUP LTD and NOVARTIS. ENHI holds in its top three: ASML HOLDING, HSBC HOLDINGS and ASTRAZENECA.

Which ETF is more diversified: REFA or ENHI?

REFA holds 182 securities with 32.32% of its assets in the top 15. ENHI has 621 securities and a top 15 weight of 18.13%.

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