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

AAXJ and FLKR share 21.3% of their weight across 70 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 FLKR

21.3%

70 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

FLKR

Franklin FTSE South Korea ETF

Reported positions cover 97% of the fund, 141 positions · Jun 30, 2026

Top 10: 63.8%·Holdings of FLKR

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

FLKR vs AAXJ side by side

AAXJiShares MSCI All Country Asia ex Japan ETF

838

stock positions reported to the SEC

75.6% of its weight is in 768 names FLKR does not hold

FLKRFranklin FTSE South Korea ETF

141

stock positions reported to the SEC

10.6% of its weight is in 71 names AAXJ does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Technology
30.2%
27.5%
Financial Services
2.9%
4.3%
Consumer Cyclical
1.8%
0.0%
Basic Materials
0.0%
1.0%
Communication Services
0.4%
0.7%
Industrials
0.5%
0.0%

The widest gap is Technology: AAXJ has 2.7 points more of it.

The figures side by side

AAXJFLKR
Filing dateJul 31, 2026Jun 30, 2026
Stock positions reported838141
Weight of the ten largest43.2%63.8%
Largest positionTSM 17.2%SKHY 27.4%
Held alone768 positions, 75.6%71 positions, 10.6%
Covered by stock positions97%97%

Holdings they share

StockIn AAXJIn FLKRCounted
SAMSUNG ELECTRONICS CO., LTD.8.63%18.00%8.63%
SKHYSK hynix Inc.5.93%27.39%5.93%
SK SQUARE CO., LTD.0.60%4.30%0.60%
KBKB Financial Group Inc.0.39%2.01%0.39%
HYUNDAI MOTOR COMPANY0.33%2.46%0.33%
SHGSHINHAN FINANCIAL GROUP CO.,LTD0.27%1.50%0.27%
HANA FINANCIAL GROUP INCHana Financial Group Inc.0.23%1.12%0.23%
HANWHA AEROSPACE CO., LTD.0.20%1.19%0.20%
KIA CORPKIA CORPORATION0.20%1.20%0.20%
CELLTRION, INC.0.19%0.92%0.19%

What each holds alone

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

Only in AAXJ

TSMTaiwan Semiconductor Manufacturing Company Limited17.21%
TENCENT HOLDINGS LIMITED3.55%
BABAAlibaba Group Holding Limited2.41%
MEDIATEK INC.1.46%
DBS GROUP HOLDINGS LTD1.12%
AIAIAIA Group Limited0.99%
CHINA CONSTRUCTION BANK CORPORATION0.96%
DELTA ELECTRONICS, INC.0.90%
HON HAI PRECISION INDUSTRY CO., LTD.0.89%
HDBHDFC BANK LIMITED0.84%

Only in FLKR

SAMSUNG ELECTRO MECHANICS4.17%
LG CHEMICAL LTD0.48%
LG INNOTEK CO LTDLG INNOTEK COMPANY LTD0.31%
SAMSUNG E&A CO LTD0.28%
SAMSUNG SECURITIES CO LTDSAMSUNG SECURITIES COMPANY LTD0.25%
LS CORP0.23%
KOREA ZINC CO LTDKOREA ZINC COMPANY LTD0.19%
COWAY CO LTD0.17%
SAM YANG FOODS COMPANY LTD0.17%
ABL BIO INC0.16%

Questions people ask

Is AAXJ the same as FLKR?

21.3% of their weight sits in the same 70 holdings. AAXJ also reports TSM, TENCENT HOLDINGS LIMITED, BABA, which the other does not. FLKR also reports SAMSUNG ELECTRO MECHANICS, LG CHEMICAL LTD, LG INNOTEK CO LTD, which the other does not.

How is the overlap between AAXJ and FLKR 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 97% of FLKR, so the number cannot exceed the smaller coverage.

Which holds more, FLKR or AAXJ?

AAXJ reports 838 stock positions and FLKR reports 141. 75.6% of AAXJ's weight sits in names FLKR does not hold, and 10.6% of FLKR's weight in names AAXJ does not hold. The ten largest positions are 43.2% of AAXJ and 63.8% of FLKR.

How do AAXJ and FLKR differ by sector?

The widest gap is Technology: AAXJ has 2.7 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.