AAXJ vs INDA overlap - what they share and where they differ
AAXJ and INDA share 13.5% of their weight across 164 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 INDA
13.5%
164 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
INDA
iShares MSCI India ETF
Reported positions cover 100% of the fund, 168 positions · May 31, 2026
Top 10: 33.7%·Holdings of INDA
Reported positions cover AAXJ 97%, INDA 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
INDA vs AAXJ side by side
AAXJiShares MSCI All Country Asia ex Japan ETF
784
stock positions reported to the SEC
83.2% of its weight is in 620 names INDA does not hold
INDAiShares MSCI India ETF
168
stock positions reported to the SEC
0.6% of its weight is in 4 names AAXJ does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Technology: AAXJ has 22.9 points more of it.
The figures side by side
| AAXJ | INDA | |
|---|---|---|
| Filing date | Apr 30, 2026 | May 31, 2026 |
| Stock positions reported | 784 | 168 |
| Weight of the ten largest | 40.5% | 33.7% |
| Largest position | TSM 16.3% | RS 6.2% |
| Held alone | 620 positions, 83.2% | 4 positions, 0.6% |
| Covered by stock positions | 97% | 100% |
Holdings they share
| Stock | In AAXJ | In INDA | Counted |
|---|---|---|---|
| HDBHDFC BANK LIMITED | 0.88% | 6.15% | 0.88% |
| RSRELIANCE INDUSTRIES LIMITED | 0.88% | 6.23% | 0.88% |
| IBNICICI BANK LIMITED | 0.67% | 4.68% | 0.67% |
| BHARTI AIRTEL LIMITED | 0.48% | 3.63% | 0.48% |
| INFYINFOSYS LIMITED | 0.39% | 2.92% | 0.39% |
| AXIS BANK LIMITED | 0.29% | 2.23% | 0.29% |
| MAHINDRA AND MAHINDRA LIMITED | 0.29% | 2.20% | 0.29% |
| BAJAJ FINANCE LIMITED | 0.27% | 1.92% | 0.27% |
| LARSEN AND TOUBRO LIMITED | 0.27% | 2.13% | 0.27% |
| INTRInternational Games System Co Ltd | 0.24% | 0.63% | 0.24% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in AAXJ
Only in INDA
Questions people ask
Is AAXJ the same as INDA?
13.5% of their weight sits in the same 164 holdings. AAXJ also reports TSM, SAMSUNG ELECTRONICS CO., LTD., SKHY, which the other does not. INDA also reports SWIGGY LIMITED, MALCO ENERGY LIMITED, TALWANDI SABO POWER LIMITED, which the other does not.
How is the overlap between AAXJ and INDA 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 INDA, so the number cannot exceed the smaller coverage.
Which holds more, INDA or AAXJ?
AAXJ reports 784 stock positions and INDA reports 168. 83.2% of AAXJ's weight sits in names INDA does not hold, and 0.6% of INDA's weight in names AAXJ does not hold. The ten largest positions are 40.5% of AAXJ and 33.7% of INDA.
How do AAXJ and INDA differ by sector?
The widest gap is Technology: AAXJ has 22.9 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.