AAXJ vs VXUS: Holdings Overlap
AAXJiShares MSCI All Country Asia ex Japan ETF
iShares · 916 holdings · $3.8B · as of 2026-04-30
VXUSVanguard Total International Stock Index Fund
Vanguard · 8752 holdings · $161.3B · as of 2026-04-30
How similar are AAXJ and VXUS?
iShares MSCI All Country Asia ex Japan ETF (AAXJ, by iShares) holds 916 positions; Vanguard Total International Stock Index Fund (VXUS, by Vanguard) holds 8752. They have 870 holdings in common, and by portfolio weight the two funds are 23.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 23.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 870AAXJ holds 916 · VXUS holds 8752
- Weight in Shared Holdings
- AAXJ 98%·VXUS 24%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
46 of 916 positions (2.2% of the fund) are not held by VXUS. Showing the top 30 by weight.
Sector Breakdown
| Sector | AAXJ | VXUS |
|---|---|---|
| Information Technology | 39.6% | 14.7% |
| Financials | 13.9% | 18.3% |
| Industrials | 3.5% | 10.7% |
| Consumer Discretionary | 8.1% | 5.6% |
| Communication Services | 6.4% | 3.4% |
| Other Sectors | 8.1% | 22.5% |
| Unclassified | 20.0% | 23.6% |
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, 24% of VXUS).
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% |
| VXUS | +3.0% | +16.2% | +27.8% | +18.9% | +9.3% | +9.7% | 2.51% |
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 VXUS →
Shared Holdings(870)
The top 10 shared positions account for 40% of the overlap, led by TSMWF, 005930 and 000660.
 TSMWFTaiwan Semiconductor Manufacturing Co Ltd | 16.28% | 3.93% | 3.93% |
|---|---|---|---|
 005930Samsung Electronics Co Ltd | 6.78% | 1.65% | 1.65% |
 000660SK hynix Inc | 4.63% | 1.12% | 1.12% |
 700Tencent Holdings Ltd. | 3.70% | 0.87% | 0.87% |
 9988Alibaba Group Holding Ltd | 2.70% | 0.69% | 0.69% |
 2308Delta Electronics Inc | 1.30% | 0.31% | 0.31% |
 2454MediaTek Inc | 1.21% | 0.28% | 0.28% |
 1299AIA Group Ltd. | 1.09% | 0.27% | 0.27% |
 RELIANCEReliance Industries Ltd | 0.88% | 0.24% | 0.24% |
 C6TChina Construction Bank Corp | 1.03% | 0.23% | 0.23% |
 HDFCBHDFC Bank Ltd | 0.88% | 0.22% | 0.22% |
 DBSDBS Group Holdings Ltd. | 0.90% | 0.22% | 0.22% |
 005935Samsung Electronics Co Ltd | 0.84% | 0.20% | 0.20% |
 HNHAFHon Hai Precision Industry Co Ltd | 0.85% | 0.20% | 0.20% |
 PDDPDD Holdings Inc. SPONSORED ADS | 0.67% | 0.18% | 0.18% |
 ICKIndustrial & Commercial Bank of China Ltd | 0.55% | 0.17% | 0.17% |
 ICICIBCICICI Bank Ltd | 0.67% | 0.17% | 0.17% |
 1810Xiaomi Corp | 0.62% | 0.15% | 0.15% |
 388Hong Kong Exchanges & Clearing Ltd. | 0.57% | 0.15% | 0.15% |
 BHARTIBharti Airtel Ltd | 0.48% | 0.14% | 0.14% |
 3690Meituan, B Shares | 0.51% | 0.13% | 0.13% |
 OCBCOversea-Chinese Banking Corp. Ltd. | 0.55% | 0.13% | 0.13% |
 2318RUBPing An Insurance Group Co of China Ltd | 0.51% | 0.12% | 0.12% |
 402340SK Square Co Ltd | 0.51% | 0.12% | 0.12% |
 3711ASE Technology Holding Co Ltd | 0.50% | 0.12% | 0.12% |
Showing the top 250 of 870 shared holdings by overlap weight.
Frequently Asked Questions
How much do AAXJ and VXUS overlap?
AAXJ and VXUS overlap by 23.8% of portfolio weight. They share 870 holdings (AAXJ holds 916 positions and VXUS holds 8752), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AAXJ and VXUS?
The two portfolios are 23.8% 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 VXUS?
The largest positions held by both funds are TSMWF, 005930, 000660, 700 and 9988. Together the top 10 shared positions account for 40% of the total overlap.
What does AAXJ own that VXUS doesn't?
46 positions (2.2% of AAXJ) are unique to AAXJ, led by SE, DELTA-R and 7769. In the other direction, 7882 positions (75.0% of VXUS) are unique to VXUS.