AAXJ vs FNDC: Holdings Overlap
AAXJiShares MSCI All Country Asia ex Japan ETF
iShares · 916 holdings · $3.8B · as of 2026-04-30
FNDCSchwab Fundamental International Small Equity ETF
Schwab · 1580 holdings · $3.1B · as of 2026-05-31
Holdings snapshots are 31 days apart (AAXJ: 2026-04-30, FNDC: 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 FNDC?
iShares MSCI All Country Asia ex Japan ETF (AAXJ, by iShares) holds 916 positions; Schwab Fundamental International Small Equity ETF (FNDC, by Schwab) holds 1580. They have 53 holdings in common, and by portfolio weight the two funds are 3.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 53AAXJ holds 916 · FNDC holds 1580
- Weight in Shared Holdings
- AAXJ 5%·FNDC 4%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
863 of 916 positions (95.1% of the fund) are not held by FNDC. Showing the top 30 by weight.
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% |
| FNDC | +4.3% | +15.1% | +22.5% | +18.2% | +8.5% | +9.0% | 3.53% |
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 FNDC →
Shared Holdings(53)
The top 10 shared positions account for 37% of the overlap, led by SGX, 032830 and 009540.
 SGXSingapore Exchange Ltd | 0.14% | 0.14% | 0.14% |
|---|---|---|---|
 032830Samsung Life Insurance Co Ltd | 0.13% | 0.37% | 0.13% |
 009540HD Korea Shipbuilding & Offshore Engineering Co Ltd | 0.13% | 0.15% | 0.13% |
 STESingapore Technologies Engineering Ltd | 0.13% | 0.13% | 0.13% |
 010120LS Electric Co Ltd | 0.14% | 0.11% | 0.11% |
 068270Celltrion Inc | 0.19% | 0.10% | 0.10% |
 CICTCapitaLand Integrated Commercial Trust | 0.11% | 0.10% | 0.10% |
 SESea Ltd. | 0.32% | 0.09% | 0.09% |
 006800Mirae Asset Securities Co Ltd | 0.09% | 0.15% | 0.09% |
 035720Kakao Corp | 0.09% | 0.08% | 0.08% |
 27Galaxy Entertainment Group Ltd | 0.08% | 0.09% | 0.08% |
 HKLHongkong Land Holdings Ltd | 0.08% | 0.15% | 0.08% |
 CLARCapitaLand Ascendas REIT | 0.08% | 0.10% | 0.08% |
 000150Doosan Co Ltd | 0.08% | 0.25% | 0.08% |
 012450Hanwha Aerospace Co Ltd | 0.30% | 0.07% | 0.07% |
 086520Ecopro Co Ltd | 0.10% | 0.07% | 0.07% |
 373220LG Energy Solution Ltd | 0.14% | 0.07% | 0.07% |
 1177Sino Biopharmaceutical Ltd | 0.07% | 0.09% | 0.07% |
 071050Korea Investment Holdings Co Ltd | 0.07% | 0.14% | 0.07% |
 66MTR Corp Ltd | 0.06% | 0.12% | 0.06% |
 12Henderson Land Development Co Ltd | 0.06% | 0.11% | 0.06% |
 83Sino Land Co Ltd | 0.06% | 0.08% | 0.06% |
 138040Meritz Financial Group Inc | 0.06% | 0.10% | 0.06% |
 010140Samsung Heavy Industries Co Ltd | 0.15% | 0.05% | 0.05% |
 1997Wharf Real Estate Investment Co Ltd | 0.05% | 0.13% | 0.05% |
Frequently Asked Questions
How much do AAXJ and FNDC overlap?
AAXJ and FNDC overlap by 3.0% of portfolio weight. They share 53 holdings (AAXJ holds 916 positions and FNDC holds 1580), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AAXJ and FNDC?
The two portfolios are 3.0% 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 FNDC?
The largest positions held by both funds are SGX, 032830, 009540, STE and 010120. Together the top 10 shared positions account for 37% of the total overlap.
What does AAXJ own that FNDC doesn't?
863 positions (95.1% of AAXJ) are unique to AAXJ, led by TSMWF, 005930 and 000660. In the other direction, 1527 positions (94.8% of FNDC) are unique to FNDC.