AAXJ vs GDX: Holdings Overlap
AAXJiShares MSCI All Country Asia ex Japan ETF
iShares · 916 holdings · $3.8B · as of 2026-04-30
VanEck · 51 holdings · $23.7B · as of 2026-03-31
Holdings snapshots are 30 days apart (AAXJ: 2026-04-30, GDX: 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 GDX?
iShares MSCI All Country Asia ex Japan ETF (AAXJ, by iShares) holds 916 positions; VanEck Gold Miners ETF (GDX, by VanEck) holds 51. They have 3 holdings in common, and by portfolio weight the two funds are 0.1% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 3AAXJ holds 916 · GDX holds 51
- Weight in Shared Holdings
- AAXJ 0%·GDX 2%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
913 of 916 positions (99.6% of the fund) are not held by GDX. Showing the top 30 by weight.
Sector Breakdown
| Sector | AAXJ | GDX |
|---|---|---|
| Materials | 1.5% | 97.4% |
| Information Technology | 39.6% | 0.0% |
| Financials | 13.9% | 0.0% |
| Consumer Discretionary | 8.1% | 0.0% |
| Communication Services | 6.4% | 0.0% |
| Other Sectors | 10.1% | 0.0% |
| Unclassified | 20.0% | 2.4% |
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, 2% of GDX).
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% |
| GDX | +18.6% | +4.8% | +56.3% | +47.0% | +23.7% | +12.6% | 0.70% |
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 GDX →
Shared Holdings(3)
The top 3 shared positions account for 100% of the overlap, led by ZVL, AMMN and BRMS.
Frequently Asked Questions
How much do AAXJ and GDX overlap?
AAXJ and GDX overlap by 0.1% of portfolio weight. They share 3 holdings (AAXJ holds 916 positions and GDX holds 51), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AAXJ and GDX?
The two portfolios are 0.1% 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 GDX?
The largest positions held by both funds are ZVL, AMMN and BRMS. Together the top 3 shared positions account for 100% of the total overlap.
What does AAXJ own that GDX doesn't?
913 positions (99.6% of AAXJ) are unique to AAXJ, led by TSMWF, 005930 and 000660. In the other direction, 48 positions (97.4% of GDX) are unique to GDX.