AAXJ vs AVEM overlap - what they share and where they differ
AAXJ and AVEM share 55.8% of their weight across 460 common positions, read from what each fund reported to the SEC.
Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.
AAXJ and AVEM
55.8%
460 shared positions
AAXJ
iShares MSCI All Country Asia ex Japan ETF
Reported positions cover 97% of the fund, 838 positions · Jul 31, 2026
Top 10: 43.2%·Holdings of AAXJ
AVEM
Avantis Emerging Markets Equity ETF
Reported positions cover 100% of the fund, 3,503 positions · May 31, 2026
Top 10: 30.6%·Holdings of AVEM
Reported positions cover AAXJ 97%, AVEM 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
AVEM vs AAXJ side by side
AAXJiShares MSCI All Country Asia ex Japan ETF
838
stock positions reported to the SEC
13.2% of its weight is in 378 names AVEM does not hold
AVEMAvantis Emerging Markets Equity ETF
3,503
stock positions reported to the SEC
33.3% of its weight is in 3,043 names AAXJ does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Technology: AAXJ has 6.9 points more of it.
The figures side by side
| AAXJ | AVEM | |
|---|---|---|
| Filing date | Jul 31, 2026 | May 31, 2026 |
| Stock positions reported | 838 | 3,503 |
| Weight of the ten largest | 43.2% | 30.6% |
| Largest position | TSM 17.2% | TSM 10.5% |
| Held alone | 378 positions, 13.2% | 3,043 positions, 33.3% |
| Covered by stock positions | 97% | 100% |
Holdings they share
| Stock | In AAXJ | In AVEM | Counted |
|---|---|---|---|
| TSMTaiwan Semiconductor Manufacturing Company Limited | 17.21% | 10.45% | 10.45% |
| SKHYSK hynix Inc. | 5.93% | 7.83% | 5.93% |
| SAMSUNG ELECTRONICS CO., LTD. | 8.63% | 5.70% | 5.70% |
| TENCENT HOLDINGS LIMITED | 3.55% | 1.51% | 1.51% |
| MEDIATEK INC. | 1.46% | 1.11% | 1.11% |
| CHINA CONSTRUCTION BANK CORPORATION | 0.96% | 0.88% | 0.88% |
| BABAAlibaba Group Holding Limited | 2.41% | 0.81% | 0.81% |
| DELTA ELECTRONICS, INC. | 0.90% | 0.77% | 0.77% |
| HON HAI PRECISION INDUSTRY CO., LTD. | 0.89% | 0.76% | 0.76% |
| ASXASE Technology Holding Co., Ltd. | 0.54% | 0.65% | 0.54% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in AAXJ
Only in AVEM
Questions people ask
Is AAXJ the same as AVEM?
55.8% of their weight sits in the same 460 holdings. AAXJ also reports DBS GROUP HOLDINGS LTD, AIAI, OVERSEA-CHINESE BANKING CORPORATION LIMITED, which the other does not. AVEM also reports PDD, PBR, AU, which the other does not.
How is the overlap between AAXJ and AVEM measured?
For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 97% of AAXJ and 100% of AVEM, so the number cannot exceed the smaller coverage.
Which holds more, AVEM or AAXJ?
AAXJ reports 838 stock positions and AVEM reports 3,503. 13.2% of AAXJ's weight sits in names AVEM does not hold, and 33.3% of AVEM's weight in names AAXJ does not hold. The ten largest positions are 43.2% of AAXJ and 30.6% of AVEM.
How do AAXJ and AVEM differ by sector?
The widest gap is Technology: AAXJ has 6.9 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.
Where do the numbers come from?
From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.
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Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.