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ETF comparison

AAXJ vs FNDE

Both International Emerging.

iShares MSCI All Country Asia ex Japan ETF · Schwab Fundamental Emerging Markets Equity ETF

Holdings overlap

Weighted by ISIN/CUSIP
35.0 %

204 positions appear in both funds. Buying equal dollars of AAXJ and FNDE would leave roughly 35.0% of each dollar exposed to the same underlying securities.

AAXJ unmatched 64.7% Shared 35.0% FNDE unmatched 64.6%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In AAXJ only
736 positions
Shared
204 positions
In FNDE only
150 positions

Side by side

AAXJ

iShares MSCI All Country Asia ex Japan ETF

iShares · International Emerging

55 composite / 100
Expense ratio
0.72%
Net assets
$3.96B
TTM yield
1.45%
Top-10 conc.
42.2%
FNDE

Schwab Fundamental Emerging Markets Equity ETF

Schwab · International Emerging

75 composite / 100
Expense ratio
0.39%
Net assets
$10.30B
TTM yield
3.56%
Top-10 conc.
27.4%

Sub-score comparison

28
Cost
61
78
Tax efficiency
73
83
Liquidity
100
54
Concentration
75
—
Tracking quality
—
AAXJ sub-score FNDE

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

Cost difference

FNDE is 33 bps cheaper than AAXJ. On a $100,000 position that's about $330/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 FNDE.

Top shared holdings

204 shared in total
# Holding In AAXJ In FNDE Overlap
1 Taiwan Semiconductor Manufacturing Company Limited 17.21% 6.48% 6.48%
2 Alibaba Group Holding Limited 2.41% 2.72% 2.41%
3 Tencent Holdings Limited 3.55% 1.51% 1.51%
4 MediaTek Inc. 1.46% 1.80% 1.46%
5 CHINA CONSTRUCTION BANK CORPORATION 0.94% 2.38% 0.94%
6 HON HAI PRECISION INDUSTRY CO., LTD. 0.89% 3.31% 0.89%
7 RELIANCE INDUSTRIES LIMITED 0.78% 0.80% 0.78%
8 DELTA ELECTRONICS, INC. 0.90% 0.77% 0.77%
9 INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED 0.59% 1.28% 0.59%
10 ASE Technology Holding Co., Ltd. 0.54% 1.20% 0.54%
11 Ping An Insurance (Group) Company of China, Ltd. 0.46% 1.11% 0.46%
12 BANK OF CHINA LIMITED 0.45% 1.19% 0.45%

Only in AAXJ

736 total
  • Samsung Electronics Co., Ltd. 7.68%
  • SK hynix Inc. 5.93%
  • DBS GROUP HOLDINGS LTD 1.12%
  • AIA Group Limited 0.99%
  • Samsung Electronics Co., Ltd. 0.95%
  • OVERSEA-CHINESE BANKING CORPORATION LIMITED 0.70%
  • SK Square Co., Ltd. 0.60%
  • Hong Kong Exchanges and Clearing Limited 0.58%
  • SAMSUNG ELECTRO-MECHANICS CO.,LTD 0.40%
  • KB Financial Group Inc. 0.39%

Only in FNDE

150 total
  • Vale SA 3.03%
  • Petroleo Brasileiro SA - Petrobras 2.48%
  • Petroleo Brasileiro SA - Petrobras 2.34%
  • JD.com Inc 1.38%
  • Sasol Ltd 0.90%
  • Saudi Arabian Oil Co 0.74%
  • Itau Unibanco Holding SA 0.68%
  • America Movil SAB de CV 0.68%
  • Grupo Mexico SAB de CV 0.66%
  • MTN Group Ltd 0.62%

Percentages are holdings overlap with the named fund.

Open AAXJ or FNDE 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.