AAXJ vs ACWV: Holdings Overlap
AAXJiShares MSCI All Country Asia ex Japan ETF
iShares · 916 holdings · $3.8B · as of 2026-04-30
ACWViShares MSCI Global Min Vol Factor ETF
iShares · 412 holdings · $3.4B · as of 2026-05-31
Holdings snapshots are 31 days apart (AAXJ: 2026-04-30, ACWV: 2026-05-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are AAXJ and ACWV?
iShares MSCI All Country Asia ex Japan ETF (AAXJ, by iShares) holds 916 positions; iShares MSCI Global Min Vol Factor ETF (ACWV, by iShares) holds 412. They have 143 holdings in common, and by portfolio weight the two funds are 14.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 14.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 143AAXJ holds 916 · ACWV holds 412
- Weight in Shared Holdings
- AAXJ 42%·ACWV 21%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in AAXJ
773 of 916 positions (57.7% of the fund) are not held by ACWV. Showing the top 30 by weight.
Sector Breakdown
| Sector | AAXJ | ACWV |
|---|---|---|
| Information Technology | 39.6% | 24.2% |
| Financials | 13.9% | 12.9% |
| Health Care | 1.1% | 12.5% |
| Communication Services | 6.4% | 11.5% |
| Consumer Staples | 1.4% | 9.6% |
| Other Sectors | 17.3% | 23.5% |
| Unclassified | 20.0% | 5.1% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (20% of AAXJ, 5% of ACWV).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| AAXJ | -0.6% | +22.4% | +35.6% | +20.9% | +7.3% | +8.9% | 1.36% |
| ACWV | +3.3% | +7.6% | +9.5% | +11.3% | +6.1% | +7.4% | 1.87% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in AAXJ vs ACWV →
Shared Holdings(143)
The top 10 shared positions account for 33% of the overlap, led by TSMWF, 000660 and BHARTI.
 TSMWFTaiwan Semiconductor Manufacturing Co. Ltd. | 16.28% | 1.22% | 1.22% |
|---|---|---|---|
 000660SK hynix Inc | 4.63% | 0.49% | 0.49% |
 BHARTIBharti Airtel Ltd. INR5 | 0.48% | 0.52% | 0.48% |
 005935Samsung Electronics Co Ltd | 0.84% | 0.48% | 0.48% |
 W8VBank of China Ltd | 0.43% | 0.73% | 0.43% |
 C6TChina Construction Bank Corp. 'H'CNY1 | 1.03% | 0.39% | 0.39% |
 ICKIndustrial & Commercial Bank of China Ltd. 'H'CNY1 | 0.55% | 0.30% | 0.30% |
 PC6PetroChina Co. Ltd., Class H | 0.30% | 0.29% | 0.29% |
 2303United Microelectronics Corp. TWD10 | 0.27% | 1.08% | 0.27% |
 DBSDBS Group Holdings Ltd. NPV | 0.90% | 0.27% | 0.27% |
 STSingapore Telecommunications Ltd. NPV(BOARD LOT 100) | 0.26% | 0.54% | 0.26% |
 700Tencent Holdings Ltd. | 3.70% | 0.23% | 0.23% |
 TCSTata Consultancy Services Ltd. INR1 | 0.22% | 0.33% | 0.22% |
 EK7Agricultural Bank of China Ltd. 'H'CNY1 | 0.21% | 0.28% | 0.21% |
 IKFChina Shenhua Energy Co Ltd. 'H'CNY1 | 0.20% | 0.20% | 0.20% |
 2388BOC Hong Kong (Holdings) Ltd. NPV | 0.20% | 0.20% | 0.20% |
 BBCABank Central Asia Tbk PT | 0.18% | 0.19% | 0.18% |
 MSILMaruti Suzuki India Ltd. INR5 | 0.17% | 0.16% | 0.16% |
 2CLP Holdings Ltd. NPV | 0.15% | 0.30% | 0.15% |
 300750Contemporary Amperex Technology Co Ltd | 0.17% | 0.15% | 0.15% |
 2412Chunghwa Telecom Co Ltd | 0.15% | 0.35% | 0.15% |
 5274ASPEED Technology Inc | 0.15% | 0.15% | 0.15% |
 600519Kweichow Moutai Co Ltd | 0.14% | 0.26% | 0.14% |
 SUNPSun Pharmaceutical Industries Ltd. INR1(DEMAT) | 0.17% | 0.14% | 0.14% |
 2884E.Sun Financial Holding Co Ltd | 0.14% | 0.30% | 0.14% |
Frequently Asked Questions
How much do AAXJ and ACWV overlap?
AAXJ and ACWV overlap by 14.0% of portfolio weight. They share 143 holdings (AAXJ holds 916 positions and ACWV holds 412), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AAXJ and ACWV?
The two portfolios are 14.0% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of AAXJ and ACWV?
The largest positions held by both funds are TSMWF, 000660, BHARTI, 005935 and W8V. Together the top 10 shared positions account for 33% of the total overlap.
What does AAXJ own that ACWV doesn't?
773 positions (57.7% of AAXJ) are unique to AAXJ, led by 005930, 9988 and 2454. In the other direction, 269 positions (78.8% of ACWV) are unique to ACWV.