ENHU vs MSLC
iShares Enhanced Large Cap Core Active ETF vs Morgan Stanley Pathway Large Cap Equity ETF
Which is better, ENHU or MSLC?
ENHU has been ahead.
ENHU has a lower expense ratio. ENHU led over 1Y. MSLC is less concentrated, with 35.6% of the fund in its ten largest positions against 37.4%.
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 | MSLC |
|---|---|---|
| Expense Ratio | 0.22%Best | 0.39% |
| AUM | $11M | $4.1B |
| Dividend Yield | 0.75% | 1.95% |
| Holdings | 353 | 793 |
| YTD Return | +14.20%Best | +10.97% |
| 1Y Return | +15.86%Best | +14.08% |
| Top 10 Weight | 37.4% | 35.6%Best |
| Fund Family | iShares by BlackRock (US) | Morgan Stanley |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 4, 2025 | Dec 9, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
ENHU vs MSLC 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 MSLC Performance
iShares Enhanced Large Cap Core Active ETF (ENHU) is an ETF from iShares by BlackRock (US) and Morgan Stanley Pathway Large Cap Equity ETF (MSLC) is an ETF from Morgan Stanley. Over the past year ENHU returned +15.86% while MSLC returned +14.08%. Year to date, ENHU is up 14.20% versus a gain of 10.97% for MSLC.
Past performance does not guarantee future results.
Fees and Cost Over Time
ENHU charges 0.22% per year while MSLC charges 0.39%. On a $10,000 position that is $22 vs $39 annually, a gap of $17 per year that compounds over a long holding period. On income, ENHU currently yields 0.75% against 1.95% for MSLC.
Holdings Overlap
96.4% of ENHU's money is in holdings MSLC also owns. 78.1% of MSLC's money is in holdings ENHU also owns.
Most of ENHU is already inside MSLC. Owning both mostly buys the same companies twice.
290 positions in common, counted across the 350 positions we hold weights for in ENHU and 789 in MSLC, against full books of 353 and 793.
What only one of them owns
Our book lists 413 positions for MSLC that do not appear in our book for ENHU (18.9% of the fund), and 48 for ENHU that do not appear in MSLC (3.1%).
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 MSLC | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.37% | 7.04% | 0.33% |
| AAPLApple, Inc | 7.08% | 5.80% | 1.28% |
| MSFTMicrosoft Corp | 5.73% | 5.55% | 0.18% |
| AMZNAmazon.Com Inc | 3.96% | 4.07% | 0.11% |
| GOOGLAlphabet Inc | 3.01% | 3.23% | 0.22% |
| AVGOBroadcom Inc | 2.47% | 2.49% | 0.02% |
| METAMeta Platforms Inc | 2.18% | 2.31% | 0.13% |
| GOOGAlphabet Inc. C | 2.51% | 1.95% | 0.56% |
| MUMicron Technology, Inc. | 1.70% | 1.60% | 0.10% |
| JPMJpmorgan Chase | 1.19% | 1.61% | 0.42% |
96.4% of ENHU is already inside MSLC.
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 MSLC?
ENHU has an expense ratio of 0.22% while MSLC charges 0.39%. ENHU is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, ENHU or MSLC?
Over the past year ENHU returned +15.86% vs +14.08% for MSLC, so ENHU 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 MSLC?
96.4% of ENHU's money is in holdings MSLC also owns. 78.1% of MSLC's is in holdings ENHU also owns. They hold 290 positions in common, counted across the 350 positions we hold weights for in ENHU and 789 in MSLC.
Which pays a higher dividend, ENHU or MSLC?
ENHU yields 0.75% while MSLC yields 1.95%, so MSLC currently pays the higher dividend yield.
Is MSLC better than ENHU?
ENHU has a lower expense ratio. ENHU led over 1Y. MSLC is less concentrated, with 35.6% of the fund in its ten largest positions against 37.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.