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ETF comparison

AAXJ vs SPEM

Both International Emerging.

iShares MSCI All Country Asia ex Japan ETF · State Street SPDR Portfolio Emerging Markets ETF

Holdings overlap

Weighted by ISIN/CUSIP
53.8 %

665 positions appear in both funds. Buying equal dollars of AAXJ and SPEM would leave roughly 53.8% of each dollar exposed to the same underlying securities.

AAXJ unmatched 45.9% Shared 53.8% SPEM unmatched 46.2%

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
275 positions
Shared
665 positions
In SPEM only
2,250 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%
SPEM

State Street SPDR Portfolio Emerging Markets ETF

State Street · International Emerging

89 composite / 100
Expense ratio
0.070%
Net assets
$17.54B
TTM yield
2.62%
Top-10 conc.
26.3%

Sub-score comparison

28
Cost
93
78
Tax efficiency
75
83
Liquidity
100
54
Concentration
77
—
Tracking quality
—
AAXJ sub-score SPEM

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

Cost difference

SPEM is 65 bps cheaper than AAXJ. On a $100,000 position that's about $650/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 SPEM.

Top shared holdings

665 shared in total
# Holding In AAXJ In SPEM Overlap
1 Taiwan Semiconductor Manufacturing Company Limited 17.21% 14.65% 14.65%
2 Tencent Holdings Limited 3.55% 2.74% 2.74%
3 Alibaba Group Holding Limited 2.41% 1.79% 1.79%
4 MediaTek Inc. 1.46% 1.82% 1.46%
5 DELTA ELECTRONICS, INC. 0.90% 1.13% 0.90%
6 HON HAI PRECISION INDUSTRY CO., LTD. 0.89% 0.93% 0.89%
7 HDFC BANK LIMITED 0.84% 0.83% 0.83%
8 CHINA CONSTRUCTION BANK CORPORATION 0.94% 0.81% 0.81%
9 ASE Technology Holding Co., Ltd. 0.54% 0.82% 0.54%
10 BHARTI AIRTEL LIMITED 0.54% 0.53% 0.53%
11 INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED 0.59% 0.50% 0.50%
12 PDD Holdings Inc. 0.48% 0.46% 0.46%

Only in AAXJ

275 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%
  • RELIANCE INDUSTRIES LIMITED 0.78%
  • 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%

Only in SPEM

2,250 total
  • Reliance Industries Ltd 0.80%
  • ICICI Bank Ltd 0.71%
  • United Microelectronics Corp 0.67%
  • Al Rajhi Bank 0.45%
  • Delta Electronics Thailand PCL 0.40%
  • Vale SA 0.39%
  • Itau Unibanco Holding SA 0.38%
  • Naspers Ltd 0.37%
  • NU Holdings Ltd/Cayman Islands 0.37%
  • Infosys Ltd 0.33%

Percentages are holdings overlap with the named fund.

Open AAXJ or SPEM 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.