ETF comparison
AAXJ vs MCHI
Both International Emerging.
iShares MSCI All Country Asia ex Japan ETF · iShares MSCI China ETF
Holdings overlap
452 positions appear in both funds. Buying equal dollars of AAXJ and MCHI would leave roughly 25.7% 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
MCHI is 13 bps cheaper than AAXJ. On a $100,000 position that's about $130/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 MCHI.
Top shared holdings
452 shared in total| # | Holding | In AAXJ | In MCHI | Overlap |
|---|---|---|---|---|
| 1 | Tencent Holdings Limited | 3.70% | 15.14% | 3.70% |
| 2 | Alibaba Group Holding Limited | 2.70% | 11.16% | 2.70% |
| 3 | CHINA CONSTRUCTION BANK CORPORATION | 1.03% | 3.51% | 1.03% |
| 4 | PDD Holdings Inc. | 0.67% | 2.64% | 0.67% |
| 5 | XIAOMI CORPORATION | 0.62% | 2.73% | 0.62% |
| 6 | INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED | 0.55% | 1.92% | 0.55% |
| 7 | Ping An Insurance (Group) Company of China, Ltd. | 0.51% | 2.08% | 0.51% |
| 8 | MEITUAN | 0.51% | 1.84% | 0.51% |
| 9 | BYD COMPANY LIMITED | 0.46% | 1.59% | 0.46% |
| 10 | BANK OF CHINA LIMITED | 0.43% | 1.51% | 0.43% |
| 11 | NETEASE, INC. | 0.39% | 1.41% | 0.39% |
| 12 | JD.COM, INC. | 0.35% | 1.14% | 0.35% |
Only in AAXJ
453 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%
- DBS GROUP HOLDINGS LTD 0.90%
- HDFC BANK LIMITED 0.88%
- RELIANCE INDUSTRIES LIMITED 0.88%
- HON HAI PRECISION INDUSTRY CO., LTD. 0.85%
Only in MCHI
108 total- BlackRock Funds III 1.05%
- Dongfeng Motor Group Co Ltd 0.10%
- Qfin Holdings Inc 0.05%
- China Communications Services Corp Ltd 0.05%
- Autohome Inc 0.04%
- China Vanke Co Ltd 0.04%
- Hengtong Optic-electric Co Ltd 0.04%
- Xiamen Tungsten Co Ltd 0.04%
- Fosun International Ltd 0.04%
- Guangdong HEC Technology Holding Co Ltd 0.04%
Open AAXJ or MCHI 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.