EWH vs BBAX: Holdings Overlap
iShares · 28 holdings · $1.2B · as of 2026-05-31
BBAXJPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF
JPMorgan · 96 holdings · $6.7B · as of 2026-04-30
Holdings snapshots are 31 days apart (EWH: 2026-05-31, BBAX: 2026-04-30). 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 EWH and BBAX?
iShares MSCI Hong Kong ETF (EWH, by iShares) holds 28 positions; JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BBAX, by JPMorgan) holds 96. They have 22 holdings in common, and by portfolio weight the two funds are 17.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 17.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 22EWH holds 28 · BBAX holds 96
- Weight in Shared Holdings
- EWH 85%·BBAX 18%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 EWH
6 of 28 positions (13.5% of the fund) are not held by BBAX.
Sector Breakdown
| Sector | EWH | BBAX |
|---|---|---|
| Financials | 40.7% | 45.0% |
| Real Estate | 19.3% | 7.6% |
| Materials | 0.0% | 14.6% |
| Industrials | 14.4% | 7.0% |
| Utilities | 9.5% | 2.9% |
| Other Sectors | 4.7% | 15.6% |
| Unclassified | 9.7% | 6.6% |
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 (10% of EWH, 7% of BBAX).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EWH | +7.8% | +8.6% | +13.1% | +10.7% | +1.2% | +4.3% | 4.56% |
| BBAX | +8.2% | +18.1% | +21.6% | +15.2% | +7.0% | — | 3.44% |
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 EWH vs BBAX →
Shared Holdings(22)
The top 10 shared positions account for 81% of the overlap, led by 1299, 388 and 16.
 1299AIA Group Ltd. | 22.85% | 5.20% | 5.20% |
|---|---|---|---|
 388Hong Kong Exchanges & Clearing Ltd. | 11.19% | 2.88% | 2.88% |
 16Sun Hung Kai Properties Ltd. | 4.47% | 1.35% | 1.35% |
 1CK Hutchison Holdings Ltd. | 6.01% | 1.01% | 1.01% |
 669Techtronic Industries Co. Ltd. | 4.34% | 0.96% | 0.96% |
 2CLP Holdings Ltd. | 4.07% | 0.79% | 0.79% |
 JMJardine Matheson Holdings Ltd. | 2.31% | 0.61% | 0.61% |
 823Link REIT | 3.50% | 0.58% | 0.58% |
 1113CK Asset Holdings Ltd. | 3.03% | 0.53% | 0.53% |
 6Power Assets Holdings Ltd. | 2.79% | 0.51% | 0.51% |
 3Hong Kong & China Gas Co. Ltd. | 2.68% | 0.46% | 0.46% |
 27Galaxy Entertainment Group Ltd. | 2.16% | 0.43% | 0.43% |
 288WH Group Ltd. | 2.54% | 0.43% | 0.43% |
 66MTR Corp. Ltd. | 1.73% | 0.31% | 0.31% |
 83Sino Land Co. Ltd. | 1.58% | 0.27% | 0.27% |
 6823HKT Trust & HKT Ltd. | 1.67% | 0.26% | 0.26% |
 12Henderson Land Development Co. Ltd. | 1.63% | 0.24% | 0.24% |
 1038CK Infrastructure Holdings Ltd. | 1.39% | 0.23% | 0.23% |
 1928Sands China Ltd. | 1.36% | 0.21% | 0.21% |
 1997Wharf Real Estate Investment Co. Ltd. | 1.45% | 0.20% | 0.20% |
 19Swire Pacific Ltd., Class A | 1.16% | 0.17% | 0.17% |
 4Wharf Holdings Ltd. (The) | 0.92% | 0.14% | 0.14% |
Frequently Asked Questions
How much do EWH and BBAX overlap?
EWH and BBAX overlap by 17.8% of portfolio weight. They share 22 holdings (EWH holds 28 positions and BBAX holds 96), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EWH and BBAX?
The two portfolios are 17.8% 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 EWH and BBAX?
The largest positions held by both funds are 1299, 388, 16, 1 and 669. Together the top 10 shared positions account for 81% of the total overlap.
What does EWH own that BBAX doesn't?
6 positions (13.5% of EWH) are unique to EWH, led by 2388, HONG KONG DOLLAR and 1308. In the other direction, 74 positions (81.4% of BBAX) are unique to BBAX.