ACWV vs DXJ: Holdings Overlap
ACWViShares MSCI Global Min Vol Factor ETF
iShares · 412 holdings · $3.4B · as of 2026-05-31
DXJWisdomTree Japan Hedged Equity Fund
WisdomTree · 430 holdings · $7.1B · as of 2026-03-31
Holdings snapshots are 61 days apart (ACWV: 2026-05-31, DXJ: 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 ACWV and DXJ?
iShares MSCI Global Min Vol Factor ETF (ACWV, by iShares) holds 412 positions; WisdomTree Japan Hedged Equity Fund (DXJ, by WisdomTree) holds 430. They have 17 holdings in common, and by portfolio weight the two funds are 4.2% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 17ACWV holds 412 · DXJ holds 430
- Weight in Shared Holdings
- ACWV 4%·DXJ 11%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 ACWV
395 of 412 positions (95.0% of the fund) are not held by DXJ. Showing the top 30 by weight.
Only in DXJ
413 of 430 positions (85.5% of the fund) are not held by ACWV. Showing the top 30 by weight.
Sector Breakdown
| Sector | ACWV | DXJ |
|---|---|---|
| Information Technology | 24.2% | 6.5% |
| Industrials | 6.8% | 19.3% |
| Financials | 12.9% | 17.5% |
| Health Care | 12.5% | 6.7% |
| Consumer Discretionary | 4.4% | 11.7% |
| Other Sectors | 33.4% | 12.1% |
| Unclassified | 5.1% | 22.6% |
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 (5% of ACWV, 23% of DXJ).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| ACWV | +3.3% | +7.6% | +9.5% | +11.3% | +6.1% | +7.4% | 1.87% |
| DXJ | +2.2% | +25.3% | +49.6% | +31.9% | +27.8% | +19.0% | 0.94% |
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 ACWV vs DXJ →
Shared Holdings(17)
The top 10 shared positions account for 85% of the overlap, led by 9432, 4502 and 7751.
 9432NTT Inc. NPV | 0.60% | 2.40% | 0.60% |
|---|---|---|---|
 4502Takeda Pharmaceutical Co Ltd. NPV | 0.50% | 2.05% | 0.50% |
 7751Canon Inc. NPV | 0.49% | 1.06% | 0.49% |
 4578Otsuka Holdings Co Ltd. NPV | 0.43% | 0.47% | 0.43% |
 6861Keyence Corp. NPV | 0.44% | 0.36% | 0.36% |
 6702Fujitsu Ltd. NPV | 0.36% | 0.36% | 0.36% |
 4503Astellas Pharma Inc. NPV | 0.24% | 1.04% | 0.24% |
 4507Shionogi & Co Ltd. NPV | 0.21% | 0.41% | 0.21% |
 4901FUJIFILM Holdings Corp. NPV | 0.20% | 0.35% | 0.20% |
 1605Inpex Corp. NPV | 0.20% | 1.04% | 0.20% |
 6841Yokogawa Electric Corporation NPV | 0.15% | 0.14% | 0.14% |
 6701NEC Corp. NPV | 0.12% | 0.24% | 0.12% |
 2503Kirin Holdings Co Ltd NPV | 0.10% | 0.39% | 0.10% |
 7701Shimadzu Corporation NPV | 0.12% | 0.08% | 0.08% |
 2587Suntory Beverage & Food Ltd NPV | 0.08% | 0.16% | 0.08% |
 9202ANA Holdings Inc. NPV | 0.06% | 0.17% | 0.06% |
 9201Japan Airlines Co Ltd. NPV | 0.05% | 0.17% | 0.05% |
Frequently Asked Questions
How much do ACWV and DXJ overlap?
ACWV and DXJ overlap by 4.2% of portfolio weight. They share 17 holdings (ACWV holds 412 positions and DXJ holds 430), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ACWV and DXJ?
The two portfolios are 4.2% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of ACWV and DXJ?
The largest positions held by both funds are 9432, 4502, 7751, 4578 and 6861. Together the top 10 shared positions account for 85% of the total overlap.
What does ACWV own that DXJ doesn't?
395 positions (95.0% of ACWV) are unique to ACWV, led by CSCO, JNJ and TSMWF. In the other direction, 413 positions (85.5% of DXJ) are unique to DXJ.