AAXJ vs FLIN overlap - what they share and where they differ

AAXJ and FLIN share 4.3% of their weight across 27 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 FLIN

4.3%

27 shared positions

AAXJ

iShares MSCI All Country Asia ex Japan ETF

Reported positions cover 97% of the fund, 784 positions · Apr 30, 2026

Top 10: 40.5%·Holdings of AAXJ

FLIN

Franklin FTSE India ETF

Reported positions cover 100% of the fund, 278 positions · Jun 30, 2026

Top 10: 30.1%·Holdings of FLIN

Reported positions cover AAXJ 97%, FLIN 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

FLIN vs AAXJ side by side

AAXJiShares MSCI All Country Asia ex Japan ETF

784

stock positions reported to the SEC

92.4% of its weight is in 757 names FLIN does not hold

FLINFranklin FTSE India ETF

278

stock positions reported to the SEC

72.4% of its weight is in 251 names AAXJ does not hold

Where each fund's weight sits

AAXJ
FLIN
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
27.8%
3.8%
Financial Services
2.8%
11.1%
Consumer Cyclical
1.8%
5.5%
Healthcare
0.0%
0.6%
Communication Services
0.4%
0.0%
Industrials
0.4%
0.0%

The widest gap is Technology: AAXJ has 24.0 points more of it.

The figures side by side

AAXJFLIN
Filing dateApr 30, 2026Jun 30, 2026
Stock positions reported784278
Weight of the ten largest40.5%30.1%
Largest positionTSM 16.3%HDB 5.7%
Held alone757 positions, 92.4%251 positions, 72.4%
Covered by stock positions97%100%

Holdings they share

StockIn AAXJIn FLINCounted
HDBHDFC BANK LIMITED0.88%5.74%0.88%
RSRELIANCE INDUSTRIES LIMITED0.88%5.49%0.88%
IBNICICI BANK LIMITED0.67%4.61%0.67%
INFYINFOSYS LIMITED0.39%2.15%0.39%
INTRInternational Games System Co Ltd0.24%0.64%0.24%
STATE BANK OF INDIA0.20%1.20%0.20%
COAL INDIA LTD0.09%0.66%0.09%
DIVI'S LABORATORIES LTD0.08%0.53%0.08%
GRASIM INDUSTRIES LTD0.08%0.70%0.08%
CMICUMMINS INDIA LIMITED0.07%0.48%0.07%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in AAXJ

TSMTaiwan Semiconductor Manufacturing Company Limited16.28%
SAMSUNG ELECTRONICS CO., LTD.7.62%
SKHYSK hynix Inc.4.63%
TENCENT HOLDINGS LIMITED3.70%
BABAAlibaba Group Holding Limited2.70%
DELTA ELECTRONICS, INC.1.30%
MEDIATEK INC.1.21%
AIAIAIA Group Limited1.09%
CHINA CONSTRUCTION BANK CORPORATION1.05%
DBS GROUP HOLDINGS LTD0.90%

Only in FLIN

BHARTI AIRTEL LTD3.55%
AXIS BANK LTD1.95%
MAHINDRA & MAHINDRA LTD1.80%
LARSEN & TOUBRO LTD1.76%
BAJAJ FINANCE LTD1.73%
KOTAK MAHINDRA BANK LTD1.36%
TATA CONSULTANCY SERVICES LTD1.31%
SUN PHARMACEUTICAL INDUSTRIES LTD1.26%
HINDUSTAN UNILEVER LTD1.20%
MARUTI SUZUKI INDIA LTD1.13%

Questions people ask

Is AAXJ the same as FLIN?

4.3% of their weight sits in the same 27 holdings. AAXJ also reports TSM, SAMSUNG ELECTRONICS CO., LTD., SKHY, which the other does not. FLIN also reports BHARTI AIRTEL LTD, AXIS BANK LTD, MAHINDRA & MAHINDRA LTD, which the other does not.

How is the overlap between AAXJ and FLIN 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 FLIN, so the number cannot exceed the smaller coverage.

Which holds more, FLIN or AAXJ?

AAXJ reports 784 stock positions and FLIN reports 278. 92.4% of AAXJ's weight sits in names FLIN does not hold, and 72.4% of FLIN's weight in names AAXJ does not hold. The ten largest positions are 40.5% of AAXJ and 30.1% of FLIN.

How do AAXJ and FLIN differ by sector?

The widest gap is Technology: AAXJ has 24.0 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.