ETF comparison
AAXJ vs KWEB
Both International Emerging.
iShares MSCI All Country Asia ex Japan ETF · KraneShares CSI China Internet ETF
Holdings overlap
21 positions appear in both funds. Buying equal dollars of AAXJ and KWEB would leave roughly 9.6% 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
KWEB is 2 bps cheaper than AAXJ. On a $100,000 position that's about $20/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 KWEB.
Top shared holdings
21 shared in total| # | Holding | In AAXJ | In KWEB | Overlap |
|---|---|---|---|---|
| 1 | Tencent Holdings Limited | 3.70% | 10.09% | 3.70% |
| 2 | Alibaba Group Holding Limited | 2.70% | 8.93% | 2.70% |
| 3 | PDD Holdings Inc. | 0.67% | 8.78% | 0.67% |
| 4 | MEITUAN | 0.51% | 7.36% | 0.51% |
| 5 | NETEASE, INC. | 0.39% | 5.91% | 0.39% |
| 6 | JD.COM, INC. | 0.35% | 4.91% | 0.35% |
| 7 | BAIDU, INC. | 0.33% | 4.28% | 0.33% |
| 8 | TRIP.COM GROUP LIMITED | 0.32% | 3.56% | 0.32% |
| 9 | KUAISHOU TECHNOLOGY | 0.14% | 3.33% | 0.14% |
| 10 | KE Holdings Inc. | 0.11% | 4.34% | 0.11% |
| 11 | JD Health International Inc | 0.07% | 4.01% | 0.07% |
| 12 | BILIBILI INC. | 0.05% | 3.17% | 0.05% |
Only in AAXJ
884 total- Taiwan Semiconductor Manufacturing Company Limited 16.28%
- Samsung Electronics Co., Ltd. 6.78%
- SK hynix Inc. 4.63%
- DELTA ELECTRONICS, INC. 1.30%
- MediaTek Inc. 1.21%
- AIA Group Limited 1.09%
- CHINA CONSTRUCTION BANK CORPORATION 1.03%
- DBS GROUP HOLDINGS LTD 0.90%
- HDFC BANK LIMITED 0.88%
- RELIANCE INDUSTRIES LIMITED 0.88%
Only in KWEB
11 total- Full Truck Alliance Co Ltd 3.59%
- Invesco Government & Agency Portfolio 2.72%
- XD INC. 1.34%
- East Buy Holding Ltd 1.12%
- ZhongAn Online P & C Insurance Co., Ltd. 1.11%
- JOYY INC. 1.04%
- Qfin Holdings, Inc. 0.98%
- PING AN HEALTHCARE AND TECHNOLOGY COMPANY LIMITED 0.97%
- Autohome Inc 0.72%
- Damai Entertainment Holdings Limited 0.55%
Open AAXJ or KWEB 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.