ETF comparison
AAXJ vs IEMG
Both International Emerging.
iShares MSCI All Country Asia ex Japan ETF · iShares Core MSCI Emerging Markets ETF
Holdings overlap
844 positions appear in both funds. Buying equal dollars of AAXJ and IEMG would leave roughly 71.7% of each dollar exposed to the same underlying securities.
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.
Side by side
Sub-score comparison
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
844 shared in total| # | Holding | In AAXJ | In IEMG | Overlap |
|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing Company Limited | 17.21% | 12.49% | 12.49% |
| 2 | Samsung Electronics Co., Ltd. | 7.68% | 6.80% | 6.80% |
| 3 | SK hynix Inc. | 5.93% | 5.82% | 5.82% |
| 4 | Tencent Holdings Limited | 3.55% | 2.37% | 2.37% |
| 5 | Alibaba Group Holding Limited | 2.41% | 1.82% | 1.82% |
| 6 | MediaTek Inc. | 1.46% | 1.42% | 1.42% |
| 7 | DELTA ELECTRONICS, INC. | 0.90% | 1.02% | 0.90% |
| 8 | HON HAI PRECISION INDUSTRY CO., LTD. | 0.89% | 0.79% | 0.79% |
| 9 | Samsung Electronics Co., Ltd. | 0.95% | 0.74% | 0.74% |
| 10 | CHINA CONSTRUCTION BANK CORPORATION | 0.94% | 0.71% | 0.71% |
| 11 | HDFC BANK LIMITED | 0.84% | 0.61% | 0.61% |
| 12 | RELIANCE INDUSTRIES LIMITED | 0.78% | 0.58% | 0.58% |
Only in AAXJ
96 total- DBS GROUP HOLDINGS LTD 1.12%
- AIA Group Limited 0.99%
- OVERSEA-CHINESE BANKING CORPORATION LIMITED 0.70%
- Hong Kong Exchanges and Clearing Limited 0.58%
- UNITED OVERSEAS BANK LIMITED 0.38%
- SEA LIMITED 0.38%
- CK HUTCHISON HOLDINGS LIMITED 0.24%
- SINGAPORE TELECOMMUNICATIONS LIMITED 0.24%
- TECHTRONIC INDUSTRIES COMPANY LIMITED 0.23%
- BOC HONG KONG (HOLDINGS) LIMITED 0.23%
Only in IEMG
1,823 total- VALE S.A. 0.41%
- AL RAJHI BANKING AND INVESTMENT CORPORATION SJSC 0.36%
- ANGLOGOLD ASHANTI PLC 0.33%
- Nu Holdings Ltd. 0.31%
- Saudi Arabian Oil Company 0.30%
- Itau Unibanco Holding S.A. 0.29%
- NASPERS LIMITED 0.28%
- Grupo Mexico, S.A.B. de C.V. 0.26%
- Petroleo Brasileiro S.A. (Petrobras) 0.26%
- Gold Fields Limited 0.24%
Related comparisons
More comparisons with AAXJ
- AAXJ vs SCHE · Schwab Emerging Markets Equity ETF 66.8%
- AAXJ vs EMXC · iShares MSCI Emerging Markets ex China ETF 66.5%
- AAXJ vs DFAE · Dimensional Emerging Core Equity Market ETF 63.5%
- AAXJ vs VWO · Vanguard FTSE Emerging Markets Index Fund ETF Shares 61.2%
- AAXJ vs ESGE · iShares ESG Aware MSCI EM ETF 60.2%
- AAXJ vs SPEM · State Street SPDR Portfolio Emerging Markets ETF 53.8%
More comparisons with IEMG
- IEMG vs VWO · Vanguard FTSE Emerging Markets Index Fund ETF Shares 70.2%
- IEMG vs EMXC · iShares MSCI Emerging Markets ex China ETF 69.4%
- IEMG vs SCHE · Schwab Emerging Markets Equity ETF 69.0%
- IEMG vs SPEM · State Street SPDR Portfolio Emerging Markets ETF 61.3%
- IEMG vs ESGE · iShares ESG Aware MSCI EM ETF 57.7%
- IEMG vs AVEM · Avantis Emerging Markets Equity ETF 52.4%
Percentages are holdings overlap with the named fund.
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.