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

AAXJ and FLTW share 18.7% of their weight across 19 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 FLTW

18.7%

19 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

FLTW

Franklin FTSE Taiwan ETF

Reported positions cover 100% of the fund, 132 positions · Jun 30, 2026

Top 10: 54.1%·Holdings of FLTW

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

FLTW vs AAXJ side by side

AAXJiShares MSCI All Country Asia ex Japan ETF

784

stock positions reported to the SEC

78.0% of its weight is in 765 names FLTW does not hold

FLTWFranklin FTSE Taiwan ETF

132

stock positions reported to the SEC

66.9% of its weight is in 113 names AAXJ does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Technology
27.8%
26.4%
Financial Services
2.8%
0.9%
Consumer Cyclical
1.8%
0.7%
Communication Services
0.4%
0.9%
Industrials
0.4%
0.3%

The widest gap is Financial Services: AAXJ has 1.9 points more of it.

The figures side by side

AAXJFLTW
Filing dateApr 30, 2026Jun 30, 2026
Stock positions reported784132
Weight of the ten largest40.5%54.1%
Largest positionTSM 16.3%TSM 19.8%
Held alone765 positions, 78.0%113 positions, 66.9%
Covered by stock positions97%100%

Holdings they share

StockIn AAXJIn FLTWCounted
TSMTaiwan Semiconductor Manufacturing Company Limited16.28%19.84%16.28%
ASXASE Technology Holding Co., Ltd.0.50%3.30%0.50%
UMCUnited Microelectronics Corporation0.27%2.81%0.27%
INTRInternational Games System Co Ltd0.24%0.25%0.24%
INHDInnolux Corporation0.21%0.74%0.21%
ASPEED TECHNOLOGY INC0.15%0.74%0.15%
CHTChunghwa Telecom Co., Ltd.0.15%0.79%0.15%
GLOBAL UNICHIP CORP0.11%0.57%0.11%
ALCHIP TECHNOLOGIES LTD0.10%0.48%0.10%
THFFFirst Financial Holding Co. Ltd.0.10%0.54%0.10%

What each holds alone

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

Only in AAXJ

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%
HDBHDFC BANK LIMITED0.88%

Only in FLTW

MEDIATEK INC9.14%
DELTA ELECTRONICS INC5.51%
HON HAI PRECISION INDUSTRY COMPANY LTD4.48%
YAGEO CORP2.62%
ELITE MATERIAL COMPANY LTD2.48%
UNIMICRON TECHNOLOGY CORP2.07%
CTBC FINANCIAL HOLDING CO LTD1.84%
ACCTON TECHNOLOGY CORP1.81%
FUBON FINANCIAL HOLDING COMPANY LTD1.58%
QUANTA COMPUTER INC1.42%

Questions people ask

Is AAXJ the same as FLTW?

18.7% of their weight sits in the same 19 holdings. AAXJ also reports SAMSUNG ELECTRONICS CO., LTD., SKHY, TENCENT HOLDINGS LIMITED, which the other does not. FLTW also reports MEDIATEK INC, DELTA ELECTRONICS INC, HON HAI PRECISION INDUSTRY COMPANY LTD, which the other does not.

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

Which holds more, FLTW or AAXJ?

AAXJ reports 784 stock positions and FLTW reports 132. 78.0% of AAXJ's weight sits in names FLTW does not hold, and 66.9% of FLTW's weight in names AAXJ does not hold. The ten largest positions are 40.5% of AAXJ and 54.1% of FLTW.

How do AAXJ and FLTW differ by sector?

The widest gap is Financial Services: AAXJ has 1.9 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.