AAXJ vs EEMV: Holdings Overlap
AAXJiShares MSCI All Country Asia ex Japan ETF
iShares · 916 holdings · $3.8B · as of 2026-04-30
EEMViShares MSCI Emerging Markets Min Vol Factor ETF
iShares · 334 holdings · $3.5B · as of 2026-05-31
Holdings snapshots are 31 days apart (AAXJ: 2026-04-30, EEMV: 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 EEMV?
iShares MSCI All Country Asia ex Japan ETF (AAXJ, by iShares) holds 916 positions; iShares MSCI Emerging Markets Min Vol Factor ETF (EEMV, by iShares) holds 334. They have 227 holdings in common, and by portfolio weight the two funds are 27.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 27.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 227AAXJ holds 916 · EEMV holds 334
- Weight in Shared Holdings
- AAXJ 57%·EEMV 76%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
689 of 916 positions (42.9% of the fund) are not held by EEMV. Showing the top 30 by weight.
Only in EEMV
107 of 334 positions (22.9% of the fund) are not held by AAXJ. Showing the top 30 by weight.
Sector Breakdown
| Sector | AAXJ | EEMV |
|---|---|---|
| Information Technology | 39.6% | 29.8% |
| Financials | 13.9% | 15.5% |
| Communication Services | 6.4% | 9.1% |
| Consumer Discretionary | 8.1% | 2.2% |
| Consumer Staples | 1.4% | 4.4% |
| Other Sectors | 10.3% | 15.0% |
| Unclassified | 20.0% | 23.2% |
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, 23% of EEMV).
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% |
| EEMV | +1.1% | +16.2% | +20.0% | +13.2% | +6.2% | +5.9% | 2.20% |
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 EEMV →
Shared Holdings(227)
The top 10 shared positions account for 44% of the overlap, led by 000660, 005930 and TSMWF.
 000660SK hynix Inc | 4.63% | 3.46% | 3.46% |
|---|---|---|---|
 005930Samsung Electronics Co Ltd | 6.78% | 1.99% | 1.99% |
 TSMWFTaiwan Semiconductor Manufacturing Co Ltd | 16.28% | 1.66% | 1.66% |
 2308Delta Electronics Inc | 1.30% | 2.60% | 1.30% |
 005935Samsung Electronics Co Ltd | 0.84% | 1.51% | 0.84% |
 C6TChina Construction Bank Corp | 1.03% | 0.78% | 0.78% |
 ICKIndustrial & Commercial Bank of China Ltd | 0.55% | 1.17% | 0.55% |
 3711ASE Technology Holding Co Ltd | 0.50% | 0.63% | 0.50% |
 BHARTIBharti Airtel Ltd | 0.48% | 1.07% | 0.48% |
 W8VBank of China Ltd | 0.43% | 1.35% | 0.43% |
 2383Elite Material Co Ltd | 0.42% | 0.60% | 0.42% |
 2454MediaTek Inc | 1.21% | 0.41% | 0.41% |
 INFOInfosys Ltd | 0.39% | 0.63% | 0.39% |
 RELIANCEReliance Industries Ltd | 0.88% | 0.37% | 0.37% |
 HDFCBHDFC Bank Ltd | 0.88% | 0.32% | 0.32% |
 009150Samsung Electro-Mechanics Co Ltd | 0.31% | 3.18% | 0.31% |
 PC6PetroChina Co Ltd | 0.30% | 0.47% | 0.30% |
 2303United Microelectronics Corp | 0.27% | 1.69% | 0.27% |
 ICICIBCICICI Bank Ltd | 0.67% | 0.26% | 0.26% |
 2360Chroma ATE Inc | 0.25% | 1.31% | 0.25% |
 TCSTata Consultancy Services Ltd | 0.22% | 0.77% | 0.22% |
 012450Hanwha Aerospace Co Ltd | 0.30% | 0.22% | 0.22% |
 DELTA-RDelta Electronics Thailand PCL | 0.29% | 0.22% | 0.22% |
 KMBKotak Mahindra Bank Ltd | 0.21% | 0.27% | 0.21% |
 EK7Agricultural Bank of China Ltd | 0.21% | 0.95% | 0.21% |
Frequently Asked Questions
How much do AAXJ and EEMV overlap?
AAXJ and EEMV overlap by 27.6% of portfolio weight. They share 227 holdings (AAXJ holds 916 positions and EEMV holds 334), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AAXJ and EEMV?
The two portfolios are 27.6% 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 EEMV?
The largest positions held by both funds are 000660, 005930, TSMWF, 2308 and 005935. Together the top 10 shared positions account for 44% of the total overlap.
What does AAXJ own that EEMV doesn't?
689 positions (42.9% of AAXJ) are unique to AAXJ, led by 9988, 1299 and DBS. In the other direction, 107 positions (22.9% of EEMV) are unique to EEMV.