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ETF comparison

AAXJ vs SCHE

Both International Emerging.

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

Holdings overlap

Weighted by ISIN/CUSIP
66.8 %

800 positions appear in both funds. Buying equal dollars of AAXJ and SCHE would leave roughly 66.8% of each dollar exposed to the same underlying securities.

AAXJ unmatched 32.9% Shared 66.8% SCHE unmatched 32.8%

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
140 positions
Shared
800 positions
In SCHE only
1,375 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%
SCHE

Schwab Emerging Markets Equity ETF

Schwab · International Emerging

88 composite / 100
Expense ratio
0.060%
Net assets
$12.78B
TTM yield
2.72%
Top-10 conc.
30.3%

Sub-score comparison

28
Cost
94
78
Tax efficiency
75
83
Liquidity
100
54
Concentration
71
—
Tracking quality
—
AAXJ sub-score SCHE

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

Cost difference

SCHE is 66 bps cheaper than AAXJ. On a $100,000 position that's about $660/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 SCHE.

Top shared holdings

800 shared in total
# Holding In AAXJ In SCHE Overlap
1 Taiwan Semiconductor Manufacturing Company Limited 17.21% 17.06% 17.06%
2 Tencent Holdings Limited 3.55% 3.15% 3.15%
3 Alibaba Group Holding Limited 2.41% 2.57% 2.41%
4 MediaTek Inc. 1.46% 1.88% 1.46%
5 DELTA ELECTRONICS, INC. 0.90% 1.40% 0.90%
6 HON HAI PRECISION INDUSTRY CO., LTD. 0.89% 1.04% 0.89%
7 CHINA CONSTRUCTION BANK CORPORATION 0.94% 0.88% 0.88%
8 HDFC BANK LIMITED 0.84% 0.83% 0.83%
9 RELIANCE INDUSTRIES LIMITED 0.78% 0.88% 0.78%
10 ICICI BANK LIMITED 0.75% 0.65% 0.65%
11 INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED 0.59% 0.63% 0.59%
12 XIAOMI CORPORATION 0.59% 0.57% 0.57%

Only in AAXJ

140 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 SCHE

1,375 total
  • Vale SA 0.55%
  • Al Rajhi Bank 0.49%
  • Anglogold Ashanti Plc 0.45%
  • Saudi Arabian Oil Co 0.41%
  • Itau Unibanco Holding SA 0.41%
  • Naspers Ltd 0.37%
  • Petroleo Brasileiro SA - Petrobras 0.35%
  • Gold Fields Ltd 0.33%
  • Grupo Mexico SAB de CV 0.33%
  • Petroleo Brasileiro SA - Petrobras 0.32%

Percentages are holdings overlap with the named fund.

Open AAXJ or SCHE 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.