ETF comparison

AAXJ vs IEMG

Both International Emerging.

iShares MSCI All Country Asia ex Japan ETF · iShares Core MSCI Emerging Markets ETF

Holdings overlap

Weighted by ISIN/CUSIP
69.5 %

847 positions appear in both funds. Buying equal dollars of AAXJ and IEMG would leave roughly 69.5% of each dollar exposed to the same underlying securities.

AAXJ only 30.1% Shared 69.5% IEMG only 30.2%
In AAXJ only
58 positions
Shared
847 positions
In IEMG only
1,826 positions

Side by side

AAXJ

iShares MSCI All Country Asia ex Japan ETF

iShares · International Emerging

56 composite / 100
Expense ratio
0.72%
Net assets
$3.97B
TTM yield
1.36%
Top-10 conc.
39.6%
IEMG

iShares Core MSCI Emerging Markets ETF

iShares · International Emerging

88 composite / 100
Expense ratio
0.090%
Net assets
$160.72B
TTM yield
2.26%
Top-10 conc.
28.8%

Sub-score comparison

28
Cost
91
78
Tax efficiency
76
83
Liquidity
100
58
Concentration
73
Tracking quality
AAXJ sub-score IEMG

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

IEMG is 63 bps cheaper than AAXJ. On a $100,000 position that's about $630/yr more in fees for AAXJ.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with AAXJ vs IEMG.

Top shared holdings

847 shared in total
# Holding In AAXJ In IEMG Overlap
1 Taiwan Semiconductor Manufacturing Company Limited 16.28% 11.41% 11.41%
2 Samsung Electronics Co., Ltd. 6.78% 5.29% 5.29%
3 Tencent Holdings Limited 3.70% 3.14% 3.14%
4 SK hynix Inc. 4.63% 3.01% 3.01%
5 Alibaba Group Holding Limited 2.70% 2.32% 2.32%
6 HDFC BANK LIMITED 0.88% 0.82% 0.82%
7 CHINA CONSTRUCTION BANK CORPORATION 1.03% 0.73% 0.73%
8 HON HAI PRECISION INDUSTRY CO., LTD. 0.85% 0.72% 0.72%
9 RELIANCE INDUSTRIES LIMITED 0.88% 0.70% 0.70%
10 MediaTek Inc. 1.21% 0.70% 0.70%
11 DELTA ELECTRONICS, INC. 1.30% 0.65% 0.65%
12 Samsung Electronics Co., Ltd. 0.84% 0.60% 0.60%

Only in AAXJ

58 total
  • AIA Group Limited 1.09%
  • DBS GROUP HOLDINGS LTD 0.90%
  • Hong Kong Exchanges and Clearing Limited 0.57%
  • OVERSEA-CHINESE BANKING CORPORATION LIMITED 0.55%
  • UNITED OVERSEAS BANK LIMITED 0.34%
  • SEA LIMITED 0.32%
  • SINGAPORE TELECOMMUNICATIONS LIMITED 0.26%
  • SUN HUNG KAI PROPERTIES LIMITED 0.25%
  • CK HUTCHISON HOLDINGS LIMITED 0.22%
  • TECHTRONIC INDUSTRIES COMPANY LIMITED 0.20%

Only in IEMG

1,826 total
  • ANGLOGOLD ASHANTI PLC 0.48%
  • VALE S.A. 0.46%
  • AL RAJHI BANKING AND INVESTMENT CORPORATION SJSC 0.39%
  • Gold Fields Limited 0.39%
  • Nu Holdings Ltd 0.38%
  • Itau Unibanco Holding S.A. 0.37%
  • NASPERS LIMITED 0.32%
  • Saudi Arabian Oil Company 0.29%
  • Grupo Mexico, S.A.B. de C.V. 0.29%
  • Petroleo Brasileiro S.A. (Petrobras) 0.27%

Open AAXJ or IEMG at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.