AAXJ vs VSS: Holdings Overlap
AAXJiShares MSCI All Country Asia ex Japan ETF
iShares · 916 holdings · $3.8B · as of 2026-04-30
VSSVanguard FTSE All-world Ex-us Small-cap Index Fund
Vanguard · 4810 holdings · $11.7B · as of 2026-04-30
How similar are AAXJ and VSS?
iShares MSCI All Country Asia ex Japan ETF (AAXJ, by iShares) holds 916 positions; Vanguard FTSE All-world Ex-us Small-cap Index Fund (VSS, by Vanguard) holds 4810. They have 4 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
- 4AAXJ holds 916 · VSS holds 4810
- Weight in Shared Holdings
- AAXJ 0%·VSS 0%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
912 of 916 positions (99.6% of the fund) are not held by VSS. 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% |
| VSS | +3.4% | +11.3% | +19.8% | +15.6% | +6.0% | +8.0% | 3.14% |
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 VSS →
Shared Holdings(4)
The top 4 shared positions account for 97% of the overlap, led by ZN8, BRMS and 2228.
Frequently Asked Questions
How much do AAXJ and VSS overlap?
AAXJ and VSS overlap by 0.1% of portfolio weight. They share 4 holdings (AAXJ holds 916 positions and VSS holds 4810), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AAXJ and VSS?
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 VSS?
The largest positions held by both funds are ZN8, BRMS, 2228 and SHANDONG HONGQIAO ALUMINUM INDUSTRY HOLDING CO LTD. Together the top 4 shared positions account for 97% of the total overlap.
What does AAXJ own that VSS doesn't?
912 positions (99.6% of AAXJ) are unique to AAXJ, led by TSMWF, 005930 and 000660. In the other direction, 4806 positions (98.8% of VSS) are unique to VSS.