AAXJ vs DGS: Holdings Overlap
AAXJiShares MSCI All Country Asia ex Japan ETF
iShares · 916 holdings · $3.8B · as of 2026-04-30
DGSWisdomTree Emerging Markets SmallCap Dividend Fund
WisdomTree · 1013 holdings · $1.7B · as of 2026-03-31
Holdings snapshots are 30 days apart (AAXJ: 2026-04-30, DGS: 2026-03-31). 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 DGS?
iShares MSCI All Country Asia ex Japan ETF (AAXJ, by iShares) holds 916 positions; WisdomTree Emerging Markets SmallCap Dividend Fund (DGS, by WisdomTree) holds 1013. They have 11 holdings in common, and by portfolio weight the two funds are 0.2% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 11AAXJ holds 916 · DGS holds 1013
- Weight in Shared Holdings
- AAXJ 0%·DGS 3%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
905 of 916 positions (99.5% of the fund) are not held by DGS. Showing the top 30 by weight.
Only in DGS
1002 of 1013 positions (95.9% of the fund) are not held by AAXJ. Showing the top 30 by weight.
GRTGrowthpoint Properties Ltd NPV1.20%
2313Compeq Manufacturing TWD101.09%
BBAJIOOBanco Del Bajio, S.A., Institucion De Banca COM MXN2 SER'O'1.02%
OMUOld Mutual Ltd NPV1.00%
- Transmissora Alianca de Energia Eletrica SA UNITS(1 COM NPV & 2 PRF NPV)0.86%
- Grupo Aeroportuario del Centro Norte S.A.B. de C.V. SER'B' NPV0.80%
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% |
| DGS | +0.1% | +13.4% | +18.2% | +13.6% | +7.7% | +8.4% | 3.78% |
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 DGS →
Shared Holdings(11)
The top 10 shared positions account for 100% of the overlap, led by 3481, AMMB Holdings Berhad MYR1 and 2834.
 3481Innolux Corp. TWD10 | 0.05% | 1.23% | 0.05% |
|---|---|---|---|
| AMMB Holdings Berhad MYR1 | 0.04% | 0.66% | 0.04% |
 2834Taiwan Business Bank TWD10 | 0.04% | 0.09% | 0.04% |
 1044Hengan International Group Co Ltd. HKD0.10 | 0.02% | 0.38% | 0.02% |
 180640Hanjin KAL Corp (S. Korea) KRW2500 | 0.02% | 0.05% | 0.02% |
 QLGQL Resources Bhd NPV | 0.02% | 0.12% | 0.02% |
 032640LG Uplus Corp. KRW5000 | 0.01% | 0.49% | 0.01% |
| Mr D.I.Y. Group (M) Bhd NPV | 0.01% | 0.19% | 0.01% |
 1066Shandong Weigao Group Medical Polymer Co Ltd. 'H'CNY0.1 | 0.01% | 0.11% | 0.01% |
 2357AviChina Industry & Technology Co Ltd 'H'CNY1 | 0.01% | 0.08% | 0.01% |
| Angel Yeast Co Ltd. 'A'CNY1 | 0.01% | 0.03% | 0.01% |
Frequently Asked Questions
How much do AAXJ and DGS overlap?
AAXJ and DGS overlap by 0.2% of portfolio weight. They share 11 holdings (AAXJ holds 916 positions and DGS holds 1013), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AAXJ and DGS?
The two portfolios are 0.2% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of AAXJ and DGS?
The largest positions held by both funds are 3481, AMMB Holdings Berhad MYR1, 2834, 1044 and 180640. Together the top 10 shared positions account for 100% of the total overlap.
What does AAXJ own that DGS doesn't?
905 positions (99.5% of AAXJ) are unique to AAXJ, led by TSMWF, 005930 and 000660. In the other direction, 1002 positions (95.9% of DGS) are unique to DGS.