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 9.0% 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
KWEB is 3 bps cheaper than AAXJ. On a $100,000 position that's about $30/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 | 3.55% | 10.44% | 3.55% |
| 2 | Alibaba Group Holding Limited | 2.41% | 7.70% | 2.41% |
| 3 | MEITUAN | 0.55% | 6.83% | 0.55% |
| 4 | PDD Holdings Inc. | 0.48% | 7.92% | 0.48% |
| 5 | NETEASE, INC. | 0.44% | 6.97% | 0.44% |
| 6 | JD.COM, INC. | 0.36% | 3.87% | 0.36% |
| 7 | BAIDU, INC. | 0.28% | 4.19% | 0.28% |
| 8 | TRIP.COM GROUP LIMITED | 0.26% | 3.69% | 0.26% |
| 9 | KUAISHOU TECHNOLOGY | 0.15% | 4.08% | 0.15% |
| 10 | KE Holdings Inc. | 0.11% | 3.89% | 0.11% |
| 11 | Full Truck Alliance Co Ltd | 0.06% | 4.15% | 0.06% |
| 12 | Kanzhun Ltd | 0.06% | 3.21% | 0.06% |
Only in AAXJ
919 total- Taiwan Semiconductor Manufacturing Company Limited 17.21%
- Samsung Electronics Co., Ltd. 7.68%
- SK hynix Inc. 5.93%
- MediaTek Inc. 1.46%
- DBS GROUP HOLDINGS LTD 1.12%
- AIA Group Limited 0.99%
- Samsung Electronics Co., Ltd. 0.95%
- CHINA CONSTRUCTION BANK CORPORATION 0.94%
- DELTA ELECTRONICS, INC. 0.90%
- HON HAI PRECISION INDUSTRY CO., LTD. 0.89%
Only in KWEB
13 total- Invesco Government & Agency Portfolio 4.63%
- JOYY INC. 1.28%
- XD INC. 1.05%
- East Buy Holding Ltd 1.02%
- MEITU, INC. 1.00%
- Qfin Holdings, Inc. 0.97%
- ZhongAn Online P & C Insurance Co., Ltd. 0.97%
- Autohome Inc 0.85%
- China Literature Ltd 0.82%
- Netease Cloud Music Inc 0.72%
Related comparisons
More comparisons with AAXJ
- AAXJ vs VEA · Vanguard FTSE Developed Markets Index Fund ETF Shares 8.2%
- AAXJ vs ASHR · Xtrackers Harvest CSI 300 China A-Shares ETF 3.4%
- AAXJ vs IEFA · iShares Core MSCI EAFE ETF 3.2%
- AAXJ vs EWW · iShares MSCI Mexico ETF 0.0%
- AAXJ vs EWZ · iShares MSCI Brazil ETF 0.0%
- AAXJ vs FRDM · Freedom 100 Emerging Markets ETF 0.0%
More comparisons with KWEB
- KWEB vs VWO · Vanguard FTSE Emerging Markets Index Fund ETF Shares 8.9%
- KWEB vs SCHE · Schwab Emerging Markets Equity ETF 8.9%
- KWEB vs PXH · Invesco RAFI Emerging Markets ETF 8.5%
- KWEB vs EEM · iShares MSCI Emerging Markets ETF 7.3%
- KWEB vs ESGE · iShares ESG Aware MSCI EM ETF 7.2%
- KWEB vs SPEM · State Street SPDR Portfolio Emerging Markets ETF 7.0%
Percentages are holdings overlap with the named fund.
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.