ETF comparison

AAXJ vs VWO

Both International Emerging.

iShares MSCI All Country Asia ex Japan ETF · Vanguard Emerging Markets Stock Index Fund

Holdings overlap

Weighted by ISIN/CUSIP
60.2 %

750 positions appear in both funds. Buying equal dollars of AAXJ and VWO would leave roughly 60.2% of each dollar exposed to the same underlying securities.

AAXJ only 39.5% Shared 60.2% VWO only 35.0%
In AAXJ only
155 positions
Shared
750 positions
In VWO only
4,240 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%
VWO

Vanguard Emerging Markets Stock Index Fund

Vanguard · International Emerging

89 composite / 100
Expense ratio
0.060%
Net assets
$163.32B
TTM yield
2.33%
Top-10 conc.
29.5%

Sub-score comparison

28
Cost
94
78
Tax efficiency
76
83
Liquidity
100
58
Concentration
72
Tracking quality
AAXJ sub-score VWO

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

Cost difference

VWO is 66 bps cheaper than AAXJ. On a $100,000 position that's about $660/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 VWO.

Top shared holdings

750 shared in total
# Holding In AAXJ In VWO Overlap
1 Taiwan Semiconductor Manufacturing Company Limited 16.28% 14.61% 14.61%
2 Tencent Holdings Limited 3.70% 3.26% 3.26%
3 Alibaba Group Holding Limited 2.70% 2.55% 2.55%
4 DELTA ELECTRONICS, INC. 1.30% 1.17% 1.17%
5 MediaTek Inc. 1.21% 1.06% 1.06%
6 RELIANCE INDUSTRIES LIMITED 0.88% 0.90% 0.88%
7 CHINA CONSTRUCTION BANK CORPORATION 1.03% 0.85% 0.85%
8 HDFC BANK LIMITED 0.88% 0.80% 0.80%
9 HON HAI PRECISION INDUSTRY CO., LTD. 0.85% 0.74% 0.74%
10 PDD Holdings Inc. 0.67% 0.66% 0.66%
11 ICICI BANK LIMITED 0.67% 0.61% 0.61%
12 XIAOMI CORPORATION 0.62% 0.56% 0.56%

Only in AAXJ

155 total
  • Samsung Electronics Co., Ltd. 6.78%
  • SK hynix Inc. 4.63%
  • AIA Group Limited 1.09%
  • DBS GROUP HOLDINGS LTD 0.90%
  • Samsung Electronics Co., Ltd. 0.84%
  • Hong Kong Exchanges and Clearing Limited 0.57%
  • OVERSEA-CHINESE BANKING CORPORATION LIMITED 0.55%
  • SK Square Co., Ltd. 0.51%
  • HYUNDAI MOTOR COMPANY 0.46%
  • KB Financial Group Inc. 0.38%

Only in VWO

4,240 total
  • Vale SA 0.51%
  • Al Rajhi Bank 0.47%
  • Anglogold Ashanti Plc 0.40%
  • Saudi Arabian Oil Co 0.38%
  • Petroleo Brasileiro SA 0.38%
  • Naspers Ltd 0.36%
  • Petroleo Brasileiro SA 0.36%
  • Itau Unibanco Holding SA 0.35%
  • Gold Fields Ltd 0.33%
  • Kuwait Finance House KSCP 0.29%

Open AAXJ or VWO 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.