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
65.0 %

753 positions appear in both funds. Buying equal dollars of AAXJ and SCHE would leave roughly 65.0% of each dollar exposed to the same underlying securities.

AAXJ only 34.6% Shared 65.0% SCHE only 35.1%
In AAXJ only
152 positions
Shared
753 positions
In SCHE only
1,379 positions

Side by side

AAXJ

iShares MSCI All Country Asia ex Japan ETF

iShares · International Emerging

56 composite / 100
Expense ratio
0.72%
Net assets
$3.97B
TTM yield
1.36%
Top-10 conc.
39.6%
SCHE

Schwab Emerging Markets Equity ETF

Schwab · International Emerging

89 composite / 100
Expense ratio
0.060%
Net assets
$12.49B
TTM yield
2.62%
Top-10 conc.
28.7%

Sub-score comparison

28
Cost
94
78
Tax efficiency
75
83
Liquidity
100
58
Concentration
73
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

753 shared in total
# Holding In AAXJ In SCHE Overlap
1 Taiwan Semiconductor Manufacturing Company Limited 16.28% 14.94% 14.94%
2 Tencent Holdings Limited 3.70% 3.94% 3.70%
3 Alibaba Group Holding Limited 2.70% 3.14% 2.70%
4 HDFC BANK LIMITED 0.88% 1.07% 0.88%
5 MediaTek Inc. 1.21% 0.88% 0.88%
6 RELIANCE INDUSTRIES LIMITED 0.88% 1.01% 0.88%
7 CHINA CONSTRUCTION BANK CORPORATION 1.03% 0.86% 0.86%
8 DELTA ELECTRONICS, INC. 1.30% 0.85% 0.85%
9 HON HAI PRECISION INDUSTRY CO., LTD. 0.85% 0.91% 0.85%
10 PDD Holdings Inc. 0.67% 0.76% 0.67%
11 ICICI BANK LIMITED 0.67% 0.77% 0.67%
12 XIAOMI CORPORATION 0.62% 0.74% 0.62%

Only in AAXJ

152 total
  • Samsung Electronics Co., Ltd. 6.78%
  • SK hynix Inc. 4.63%
  • AIA Group Limited 1.09%
  • DBS GROUP HOLDINGS LTD 0.90%
  • Samsung Electronics Co., Ltd. 0.84%
  • Hong Kong Exchanges and Clearing Limited 0.57%
  • OVERSEA-CHINESE BANKING CORPORATION LIMITED 0.55%
  • SK Square Co., Ltd. 0.51%
  • HYUNDAI MOTOR COMPANY 0.46%
  • KB Financial Group Inc. 0.38%

Only in SCHE

1,379 total
  • Anglogold Ashanti Plc 0.61%
  • Vale SA 0.59%
  • Al Rajhi Bank 0.51%
  • Gold Fields Ltd 0.50%
  • Itau Unibanco Holding SA 0.48%
  • State Street Institutional US Government Money Market Fund 0.43%
  • Naspers Ltd 0.41%
  • Saudi Arabian Oil Co 0.38%
  • Grupo Mexico SAB de CV 0.35%
  • Petroleo Brasileiro SA - Petrobras 0.34%

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.