iShares Enhanced International Active ETF (ENHI) is an exchange-traded fund that seeks to provide investment results corresponding to a benchmark-enhanced index focused on international equities outside the United States, employing active management strategies to optimize returns through quantitative models and risk-adjusted stock selection. The fund offers exposure to a diversified portfolio of large- and mid-cap companies from developed and emerging markets; utilizes proprietary BlackRock enhancement techniques including ESG integration, factor tilts toward quality and momentum, and active security selection; and provides daily liquidity via NYSE Arca trading with low expense ratios typical of iShares products. ENHI operates globally with primary exposure to Europe, Asia-Pacific, and emerging markets regions; was launched in 2024 by BlackRock, Inc., headquartered in New York, USA, as part of its iShares family of ETFs managed under BlackRock Fund Advisors. Recent developments include expanded factor-based enhancements introduced in late 2025 to improve risk-adjusted performance amid volatile international markets; a strategic partnership with BlackRock's Aladdin platform for real-time portfolio optimization announced in Q1 2026; and increased assets under management surpassing $500 million following strong inflows driven by institutional demand for active international strategies.