AAXJ vs FLIN: Holdings Overlap
AAXJiShares MSCI All Country Asia ex Japan ETF
iShares · 916 holdings · $3.8B · as of 2026-04-30
Franklin Templeton · 273 holdings · $2.7B · as of 2026-03-31
Holdings snapshots are 30 days apart (AAXJ: 2026-04-30, FLIN: 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 FLIN?
iShares MSCI All Country Asia ex Japan ETF (AAXJ, by iShares) holds 916 positions; Franklin FTSE India ETF (FLIN, by Franklin Templeton) holds 273. They have 164 holdings in common, and by portfolio weight the two funds are 13.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 13.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 164AAXJ holds 916 · FLIN holds 273
- Weight in Shared Holdings
- AAXJ 13%·FLIN 89%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
752 of 916 positions (86.4% of the fund) are not held by FLIN. Showing the top 30 by weight.
Only in FLIN
109 of 273 positions (9.9% of the fund) are not held by AAXJ. Showing the top 30 by weight.
Sector Breakdown
| Sector | AAXJ | FLIN |
|---|---|---|
| Information Technology | 39.6% | 7.0% |
| Financials | 13.9% | 19.6% |
| Energy | 1.9% | 9.0% |
| Consumer Discretionary | 8.1% | 8.9% |
| Materials | 1.5% | 6.6% |
| Other Sectors | 14.6% | 21.4% |
| Unclassified | 20.0% | 26.7% |
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, 27% of FLIN).
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% |
| FLIN | +2.1% | -6.3% | -3.6% | +5.8% | +4.6% | — | 0.42% |
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 FLIN →
Shared Holdings(164)
The top 10 shared positions account for 35% of the overlap, led by HDFCB, RELIANCE and ICICIBC.
 HDFCBHDFC Bank Ltd. INR1 | 0.88% | 5.79% | 0.88% |
|---|---|---|---|
 RELIANCEReliance Industries Ltd. INR10(100%DEMAT) | 0.88% | 6.39% | 0.88% |
 ICICIBCICICI Bank Ltd. INR2 | 0.67% | 4.44% | 0.67% |
 BHARTIBharti Airtel Ltd. INR5 | 0.48% | 3.69% | 0.48% |
 INFOInfosys Ltd. INR5 | 0.39% | 3.00% | 0.39% |
 MMMahindra & Mahindra Ltd. INR5 | 0.29% | 1.92% | 0.29% |
 AXSBAxis Bank Ltd. INR2 | 0.29% | 1.86% | 0.29% |
 LTLarsen & Toubro Ltd. INR2 | 0.27% | 1.65% | 0.27% |
 BAFBajaj Finance Ltd. INR1(POST SUBD) | 0.27% | 1.57% | 0.27% |
 TCSTata Consultancy Services Ltd. INR1 | 0.22% | 1.68% | 0.22% |
 KMBKotak Mahindra Bank Ltd. INR1(POST SUBD) | 0.21% | 1.35% | 0.21% |
 SBINState Bank of India INR1 | 0.20% | 1.26% | 0.20% |
 HUVRHindustan Unilever Ltd. INR1 | 0.18% | 1.27% | 0.18% |
 SUNPSun Pharmaceutical Industries Ltd. INR1(DEMAT) | 0.17% | 1.31% | 0.17% |
 NTPCNTPC Ltd. INR10 | 0.17% | 1.23% | 0.17% |
 MSILMaruti Suzuki India Ltd. INR5 | 0.17% | 1.13% | 0.17% |
 BHEBharat Electronics Ltd. INR1 | 0.16% | 1.00% | 0.16% |
 TATATata Steel Ltd. INR1.00(POST SUBDIVISION) | 0.16% | 1.11% | 0.16% |
 TTANTitan Co Ltd. INR1 | 0.16% | 1.01% | 0.16% |
 PWGRPower Grid Corporation of India Ltd. INR10 | 0.14% | 0.93% | 0.14% |
 HNDLHindalco Industries Ltd. INR1 | 0.14% | 0.90% | 0.14% |
 UTCEMUltratech Cement Ltd. INR10 | 0.14% | 0.90% | 0.14% |
 SHFLShriram Finance Ltd. INR2 (POST SUBD) | 0.14% | 0.85% | 0.14% |
 HCLTHCL Technologies Ltd. INR2 | 0.11% | 0.99% | 0.11% |
 EIMEicher Motors Ltd. INR1 | 0.10% | 0.61% | 0.10% |
Frequently Asked Questions
How much do AAXJ and FLIN overlap?
AAXJ and FLIN overlap by 13.3% of portfolio weight. They share 164 holdings (AAXJ holds 916 positions and FLIN holds 273), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AAXJ and FLIN?
The two portfolios are 13.3% 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 FLIN?
The largest positions held by both funds are HDFCB, RELIANCE, ICICIBC, BHARTI and INFO. Together the top 10 shared positions account for 35% of the total overlap.
What does AAXJ own that FLIN doesn't?
752 positions (86.4% of AAXJ) are unique to AAXJ, led by TSMWF, 005930 and 000660. In the other direction, 109 positions (9.9% of FLIN) are unique to FLIN.