Microsoft has confirmed that the Xbox Series S will not run Xbox One X Enhanced versions of backwards compatible games, and will instead run the Xbox One S versions of Xbox One and Xbox 360 titles with other beneficial features.
Microsoft‘s consoles names are a joke and this one paragraph hammers home how cumbersome they make it to explain what should be a simple feature. A commenter on Eurogamer summed it up best:
So the Xbox Series S can’t do the Xbox One X doing the Xbox but can do the Xbox One S doing the Xbox but the Xbox Series X can do the Xbox One X doing the Xbox?
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I mean, it’s not like you're going to remember to come back here on your own. URLs are hard.