ETF comparison
AAXJ vs EEM
Both International Emerging.
iShares MSCI All Country Asia ex Japan ETF · iShares MSCI Emerging Markets ETF
Holdings overlap
850 positions appear in both funds. Buying equal dollars of AAXJ and EEM would leave roughly 78.4% of each dollar exposed to the same underlying securities.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
Expense ratios are effectively identical (0.72% vs 0.72%).
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 EEM.
Top shared holdings
850 shared in total| # | Holding | In AAXJ | In EEM | Overlap |
|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing Company Limited | 16.28% | 13.14% | 13.14% |
| 2 | Samsung Electronics Co., Ltd. | 6.78% | 6.07% | 6.07% |
| 3 | Tencent Holdings Limited | 3.70% | 3.61% | 3.61% |
| 4 | SK hynix Inc. | 4.63% | 3.45% | 3.45% |
| 5 | Alibaba Group Holding Limited | 2.70% | 2.66% | 2.66% |
| 6 | HDFC BANK LIMITED | 0.88% | 0.93% | 0.88% |
| 7 | CHINA CONSTRUCTION BANK CORPORATION | 1.03% | 0.84% | 0.84% |
| 8 | HON HAI PRECISION INDUSTRY CO., LTD. | 0.85% | 0.82% | 0.82% |
| 9 | RELIANCE INDUSTRIES LIMITED | 0.88% | 0.80% | 0.80% |
| 10 | MediaTek Inc. | 1.21% | 0.80% | 0.80% |
| 11 | DELTA ELECTRONICS, INC. | 1.30% | 0.75% | 0.75% |
| 12 | Samsung Electronics Co., Ltd. | 0.84% | 0.70% | 0.70% |
Only in AAXJ
55 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 EEM
357 total- ANGLOGOLD ASHANTI PLC 0.55%
- VALE S.A. 0.53%
- AL RAJHI BANKING AND INVESTMENT CORPORATION SJSC 0.45%
- Gold Fields Limited 0.45%
- Nu Holdings Ltd 0.44%
- Itau Unibanco Holding S.A. 0.43%
- NASPERS LIMITED 0.37%
- Saudi Arabian Oil Company 0.34%
- Grupo Mexico, S.A.B. de C.V. 0.34%
- Petroleo Brasileiro S.A. (Petrobras) 0.30%
Open AAXJ or EEM 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.