AAXJ holdings and overlap
iShares MSCI All Country Asia ex Japan ETF (AAXJ) holds 946 positions in its iShares file of 2026-10-27. Its three largest are Taiwan Semiconductor Manufacturing (2330.TW) at 17.91%, Samsung Electronics Ltd (005930.KR) at 7.72% and SK Hynix (000660.KR) at 5.51%, and its ten largest make up 42.1% of the fund.
In its iShares file of 2026-10-27, AAXJ is 38.3% technology, 10.1% financials and 5.7% consumer discretionary by sector (no sector found for 34.1%), with none of it in mega-cap tech or in the ten largest US companies by market value. By country, 32.7% of AAXJ is in Taiwan, 22.2% in China, 21.5% in South Korea and 12.9% in India.
What does AAXJ hold, as of its issuer file of 2026-10-27?
AAXJ spreads its weight across 946 positions, against a median of 76 across the 14 Asia Pacific ex Japan funds with a page here. The position AAXJ carries furthest above that group is Samsung Electronics Ltd at 7.72% of the fund, a company the median fund in that group does not hold at all.
| Rank | Company | Weight | Weight bar |
|---|---|---|---|
| 1 | 2330.TW Taiwan Semiconductor Manufacturing | 17.91% | |
| 2 | 005930.KR Samsung Electronics Ltd | 7.72% | |
| 3 | 000660.KR SK Hynix | 5.51% | |
| 4 | 700.HK Tencent Holdings | 2.95% | |
| 5 | 9988.HK Alibaba Group Holding | 2.04% | |
| 6 | 2454.TW Mediatek | 1.73% | |
| 7 | D05.SG DBS Group Holdings Ltd | 1.2% | |
| 8 | 939.HK China Construction Bank Corp | 1.06% | |
| 9 | 005935.KR Samsung Electronics Non Voting Pre | 1.02% | |
| 10 | 1299.HK AIA Group | 0.94% | |
| 11 | 2317.TW Hon Hai Precision Industry | 0.92% | |
| 12 | 2308.TW Delta Electronics | 0.88% | |
| 13 | HDFCBANK.IN HDFC Bank | 0.8% | |
| 14 | ICICIBANK.IN ICICI Bank | 0.76% | |
| 15 | O39.SG Oversea-Chinese Banking | 0.72% | |
| 16 | RELIANCE.IN Reliance Industries Ltd | 0.71% | |
| 17 | 3711.TW Ase Technology Holding | 0.66% | |
| 18 | 1398.HK Industrial and Commercial Bank of | 0.62% | |
| 19 | BHARTIARTL.IN Bharti Airtel Ltd | 0.57% | |
| 20 | 402340.KR SK Square | 0.57% | |
| 21 | 1810.HK Xiaomi | 0.55% | |
| 22 | 388.HK Hong Kong Exchanges and Clearing | 0.53% | |
| 23 | 3988.HK Bank of China Ltd | 0.51% | |
| 24 | 009150.KR Samsung Electro Mechanics Ltd | 0.5% | |
| 25 | 3690.HK Meituan | 0.45% | |
| 26 | 3037.TW Unimicron Technology | 0.43% | |
| 27 | 2881.TW Fubon Financial Holding | 0.43% | |
| 28 | 2303.TW United Micro Electronics Corp | 0.42% | |
| 29 | 1303.TW Nan Ya Plastics Corp | 0.42% | |
| 30 | 2383.TW Elite Material | 0.4% | |
| 31 | PDD PDD Holdings Ads | 0.39% | |
| 32 | 9999.HK Netease | 0.39% | |
| 33 | U11.SG United Overseas Bank | 0.38% | |
| 34 | 2891.TW CTBC Financial Holding | 0.38% | |
| 35 | 2318.HK Ping An Insurance (Group) Co of CH | 0.37% | |
| 36 | 105560.KR KB Financial Group | 0.37% | |
| 37 | INFY.IN Infosys | 0.36% | |
| 38 | 2882.TW Cathay Financial Holding | 0.33% | |
| 39 | 1211.HK BYD H | 0.32% | |
| 40 | 2382.TW Quanta Computer | 0.31% | |
| 41 | 3017.TW Asia Vital Components | 0.3% | |
| 42 | 9618.HK JD.COM | 0.29% | |
| 43 | 005380.KR Hyundai Motor | 0.29% | |
| 44 | 2887.TW TS Financial Holding | 0.29% | |
| 45 | AXISBANK.IN Axis Bank | 0.29% | |
| 46 | SE Sea Ads Representing Ltd | 0.27% | |
| 47 | 2345.TW Accton Technology | 0.27% | |
| 48 | 055550.KR Shinhan Financial Group | 0.27% | |
| 49 | 857.HK Petrochina H | 0.27% | |
| 50 | M&M.IN Mahindra and Mahindra Ltd | 0.26% | |
| 51 | 3968.HK China Merchants Bank H | 0.25% | |
| 52 | LT.IN Larsen and Toubro Ltd | 0.25% | |
| 53 | KOTAKBANK.IN Kotak Mahindra Bank Ltd | 0.25% | |
| 54 | 2327.TW Yageo | 0.25% | |
| 55 | BAJFINANCE.IN Bajaj Finance Ltd | 0.24% | |
| 56 | 669.HK Techtronic Industries | 0.24% | |
| 57 | 2885.TW Yuanta Financial Holding | 0.23% | |
| 58 | 2884.TW E.SUN Financial Holding | 0.23% | |
| 59 | Z74.SG Singapore Telecommunications Ltd | 0.23% | |
| 60 | 1288.HK Agricultural Bank of China H | 0.23% | |
| 61 | 9961.HK TRIP.COM Group | 0.23% | |
| 62 | 006400.KR Samsung Sdi Ltd | 0.23% | |
| 63 | 086790.KR Hana Financial Group | 0.23% | |
| 64 | 1.HK CK Hutchison Holdings | 0.22% | |
| 65 | 2628.HK China Life Insurance Ltd | 0.22% | |
| 66 | 6160.HK Beone Medicines AG | 0.22% | |
| 67 | 2388.HK Boc Hong Kong Holdings Ltd | 0.22% | |
| 68 | 068270.KR Celltrion | 0.21% | |
| 69 | DELTA.R.TH Delta Electronics (Thailand) Non-V | 0.21% | |
| 70 | 992.HK Lenovo Group | 0.21% | |
| 71 | 2360.TW Chroma Ate | 0.21% | |
| 72 | TCS.IN Tata Consultancy Services Ltd | 0.21% | |
| 73 | 2357.TW Asustek Computer Inc | 0.21% | |
| 74 | 2899.HK Zijin Mining Group Ltd | 0.2% | |
| 75 | 9888.HK Baidu | 0.2% | |
| 76 | 034020.KR Doosan Enerbility Ltd | 0.2% | |
| 77 | 2269.HK Wuxi Biologics Cayman | 0.19% | |
| 78 | 3443.TW Global Unichip | 0.19% | |
| 79 | 012450.KR Hanwha Aerospace Ltd | 0.19% | |
| 80 | 2408.TW Nanya Technology Corp | 0.19% | |
| 81 | 3231.TW Wistron | 0.19% | |
| 82 | 2886.TW Mega Financial Holding Ltd | 0.19% | |
| 83 | 000270.KR Kia Corporation | 0.18% | |
| 84 | 028260.KR Samsung C&T Corp | 0.18% | |
| 85 | 035420.KR Naver | 0.18% | |
| 86 | SBIN.IN State Bank of India | 0.18% | |
| 87 | 2883.TW Kgi Financial Holding | 0.18% | |
| 88 | 6669.TW Wiwynn Corporation | 0.18% | |
| 89 | 16.HK Sun Hung Kai Properties Ltd | 0.18% | |
| 90 | 1088.HK China Shenhua Energy Ltd | 0.17% | |
| 91 | 2412.TW Chunghwa Telecom Ltd | 0.17% | |
| 92 | 2890.TW Sinopac Financial Holdings | 0.17% | |
| 93 | 3008.TW Largan Precision Ltd | 0.17% | |
| 94 | 2059.TW King Slide Works | 0.17% | |
| 95 | SUNPHARMA.IN Sun Pharmaceutical Industries | 0.16% | |
| 96 | ETERNAL.IN Eternal | 0.16% | |
| 97 | 2344.TW Winbond Electronics | 0.16% | |
| 98 | PBBANK.MY Public Bank | 0.16% | |
| 99 | 5274.TW Aspeed Technology | 0.16% | |
| 100 | TITAN.IN Titan Company Ltd | 0.16% |
The most recent file iShares has published for AAXJ is dated 2026-10-27, 1 day before these prices, which is the median for the iShares ETFs covered here. Every one of the 946 positions AAXJ holds, with its weight, is in the fund's JSON file. See the other 41 ETFs with a page here that hold 2330.TW, and how their weights compare with the 17.91% AAXJ gives it.
Category: Asia Pacific ex Japan, set by TickerInside from the ETF's own latest file. In its file of 2026-10-27, 100% of its stocks with a known country are in Asia Pacific ex Japan. How categories are set.
https://tickerinside.com/api/v1/fund/aaxj.jsonhttps://tickerinside.com/api/v1/fund/aaxj.csv=IMPORTDATA("https://tickerinside.com/api/v1/fund/aaxj.csv")If your sheet uses a decimal comma: =IMPORTDATA("https://tickerinside.com/api/v1/fund/aaxj.csv"; ","; "en_US")curl -s https://tickerinside.com/api/v1/fund/aaxj.jsonHow much money went into or out of AAXJ?
On the close of Friday, October 23, 2026, AAXJ neither created nor redeemed shares. Over its last 5 closes, a net inflow of $0.
From AAXJ's own holdings files. Every ETF's latest flows.
How is AAXJ split by sector and country?
| Sector | Weight | Weight bar |
|---|---|---|
| Technology | 38.3% | |
| Financials | 10.1% | |
| Consumer discretionary | 5.7% | |
| Communication services | 4.2% | |
| Materials | 2.1% | |
| Industrials | 2.0% | |
| Health care | 1.4% | |
| Real estate | 1.4% | |
| Energy | 0.4% | |
| Utilities | 0.1% | |
| No sector found | 34.1% |
| Country | Weight | Weight bar |
|---|---|---|
| Taiwan | 32.7% | |
| China | 22.2% | |
| South Korea | 21.5% | |
| India | 12.9% | |
| Singapore | 3.8% | |
| Hong Kong | 3.6% | |
| Thailand | 1.1% | |
| Malaysia | 1.0% | |
| Indonesia | 0.5% | |
| Philippines | 0.3% |
From its iShares file of 2026-10-27. How these are measured.
What did AAXJ hold in its SEC reports since 2019?
In AAXJ's SEC filings, its largest position went from Alibaba Group Holding SP ADR (BABA) at 5.27% on 2019-10-31 to Taiwan Semiconductor Manufac (2330.TW) at 17.21% on 2026-07-31, across 28 quarterly reports.
| Report | Positions | Largest | Top 10 |
|---|---|---|---|
| 2019-10-31 | 873 | BABA 5.27% | 28.4% |
| 2020-10-31 | 1,080 | BABA 9.71% | 36.2% |
| 2021-10-31 | 1,065 | 2330.TW 7.51% | 29.6% |
| 2022-10-31 | 1,036 | 2330.TW 6.28% | 25.5% |
| 2023-10-31 | 1,049 | 2330.TW 7.38% | 27.2% |
| 2024-10-31 | 951 | 2330.TW 11.13% | 29.6% |
| 2025-10-31 | 885 | 2330.TW 13.32% | 35.5% |
| 2026-07-31 | 906 | 2330.TW 17.21% | 42.2% |
The first report, then the last of each year, of the 28 reports AAXJ filed on SEC Form N-PORT from 2019-10-31 to 2026-07-31, each company under its ticker today. Every position of every report is in its quarterly file, and at any date at /api/v1/history/aaxj/{date}.json. How these are read.
What does AAXJ duplicate?
The ETF nearest to AAXJ is EEMA: the two hold 85.7% of their weight in common, in the 876 companies both own, and 91.6% of AAXJ itself is also held there. Owning AAXJ alongside the ETFs at the top of this table means holding mostly the same companies twice.
| ETF | Overlap by weight | Of AAXJ held there | Of that ETF in AAXJ | Companies in both | Overlap bar |
|---|---|---|---|---|---|
| EEMA | 85.7% | 91.6% | 99.7% | 876 | |
| EEM | 82.1% | 92.5% | 82.3% | 905 | |
| HEEM | 81.9% | 92.5% | 82.3% | 905 | |
| EEMX | 73.6% | 79.6% | 74.3% | 694 | |
| IEMG | 72.1% | 92.5% | 72.3% | 906 | |
| EMXC | 70.0% | 70.2% | 78.1% | 372 | |
| SCHE | 65.7% | 68.6% | 71.5% | 773 | |
| XSOE | 64.3% | 74.0% | 77.2% | 426 | |
| ESGE | 63.0% | 70.6% | 83.2% | 224 | |
| EMGF | 61.1% | 80.1% | 74.5% | 363 | |
| VWO | 60.6% | 68.4% | 64.9% | 785 | |
| AIA | 57.3% | 57.5% | 100.0% | 53 |
SCHE's holdings are from its SEC Form N-PORT for the period ended 2026-08-31, filed 2026-10-27. XSOE's holdings are from its SEC Form N-PORT for the period ended 2026-06-30, filed 2026-08-31. VWO's holdings are from its SEC Form N-PORT for the period ended 2026-07-31, filed 2026-09-28. The other ETFs' holdings are from their issuers' latest files. Check AAXJ against any ETF in the ETF overlap calculator · how overlap is measured.
What adds something different to AAXJ?
IYR shares 0% of weight with AAXJ and its weekly returns correlate with it at 0.28 over three years. The table lists the covered ETFs with the least in common with AAXJ, least shared weight first and, among equals, lowest correlation.
| ETF | Name | Overlap by weight | Correlation, 3y | Companies in both |
|---|---|---|---|---|
| IYR | iShares U.S. Real Estate ETF | 0.0% | 0.28 | 0 |
| USRT | iShares Core U.S. REIT ETF | 0.0% | 0.29 | 0 |
| USMV | iShares MSCI USA Min Vol Factor ETF | 0.0% | 0.33 | 0 |
| IJR | iShares Core S&P Small-Cap ETF | 0.0% | 0.49 | 0 |
| IJH | iShares Core S&P Mid-Cap ETF | 0.0% | 0.56 | 0 |
| QUAL | iShares MSCI USA Quality Factor ETF | 0.0% | 0.61 | 0 |
| THRO | iShares U.S. Thematic Rotation Active ETF | 0.0% | 0.64 | 0 |
| VLUE | iShares MSCI USA Value Factor ETF | 0.0% | 0.69 | 0 |
Cost, returns and risk
| Expense ratio | 0.72% |
|---|---|
| Dividend yield | 1.33% |
| Total return, 1 year | 18.3% |
| Total return, 3 years cumulative | 82.0% |
| Total return, 5 years cumulative | 41.7% |
| Volatility, annualised | 19.0% |
| Worst fall, 3 years | -13.8% |
| Beta against SPY, 3 years of weekly returns | 0.9 |
| Weight in the ten largest positions | 42.1% |
| Largest single position | 17.9% |
| Assets under management | $4.0B |
Expense ratio, yield and assets are reference data (the expense ratio from AAXJ's SEC filing of 2025-11-21); the weight in the ten largest positions and the largest single position are from the issuer file of 2026-10-27; every other figure is computed here from weekly closes.
How it moves with the market
| Against | Correlation, 3 years | Covariance, annualised, in percent squared |
|---|---|---|
| SPY | 0.66loosely linked | 174 |
| QQQ | 0.70often in step | 258 |
Weekly total returns. What the bands mean · why the covariance is printed.
Year by year
| Year | Total return |
|---|---|
| 2026 | 18.9% |
| 2025 | 31.5% |
| 2024 | 10.4% |
| 2023 | 5.1% |
| 2022 | -20.4% |
One year
Where to go next
- AIA, iShares Asia 50 ETF
- DVYA, iShares Asia/Pacific Dividend ETF
- EEMA, iShares MSCI Emerging Markets Asia ETF
- EIDO, iShares MSCI Indonesia ETF
- Run a portfolio x-ray to see what AAXJ carries once you look through it
- Compare AAXJ against any other ETF in the builder
Holdings from the most recent file iShares has published, dated 2026-10-27. Prices through 2026-10-28. How every figure here is produced. Measurements, not investment advice.
Cite this page
TickerInside, iShares MSCI All Country Asia ex Japan ETF (AAXJ), holdings from the issuer's file of 2026-10-27, https://tickerinside.com/etf/aaxj/, CC BY 4.0
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